First Industrial Realty Trust — Apr 22, 2026 release

“We look to build on our leasing successes thus far and attract and serve new customers with our high quality, well-located logistics facilities.” Low End of High End of Guidance for 2026 Guidance for 2026 (Per share/unit) (Per share/unit) Net Income Available to Common Stockholders and Unitholders $ 2.32  $ 2.42  Add: Depreciation and Other Amortization of Real Estate 1.50  1.50  Less: Gain on Sale of Real Estate, Net of Allocable Income Tax Provision, Through April 22, 2026 (0.77) (0.77) NAREIT Funds From Operations $ 3.05  $ 3.15  Add: Advisory Costs Related to a Contested Proxy Campaign 0.04  0.04  FFO Before Advisory Costs Related to a Contested Proxy Campaign $ 3.09  $ 3.19  The following assumptions were used for guidance: • Average quarter-end in service occupancy of 94.0% to 95.0%. • SS NOI growth on a cash basis before termination fees of 5.0% to 6.0%. • Includes the incremental costs expected in 2026 related to the Company’s completed and under construction developments as of March 31, 2026. In total, the Company expects to capitalize $0.08 per share of interest in 2026. • General and administrative expense of $42.0 million to $43.0 million. This range excludes $5.6 million of costs related to a contested proxy campaign recognized in the first quarter. • Guidance includes the impact of the aforementioned expected sale of the 100-acre income-producing land site in Phoenix in 2Q26. • Guidance does not include the impact of any future investments, property sales, debt repurchases prior to maturity, debt issuances, equity issuances, or stock repurchases post the date of this press release. Conference Call First Industrial will host its quarterly conference call on Thursday, April 23, 2026 at 10:00 a.m. CDT (11:00 a.m. EDT). The conference call may be accessed by dialing (833) 890-3273, passcode “First Industrial”. The conference call will also be webcast live on the Investors page of the Company’s website at www.firstindustrial.com. The replay will also be available on the website. The Company’s first quarter 2026 supplemental inf