Rexford Industrial Realty — Feb 5, 2025 release

2025 Outlook (1) 2024 Actual 2025 Guidance Net Income Attributable to Common Stockholders per diluted share $1.20 $1.21 - $1.25 Company share of Core FFO per diluted share $2.34 $2.37 - $2.41 Same Property Portfolio NOI Growth — Net Effective 4.1% 0.75% - 1.25% Same Property Portfolio NOI Growth — Cash 7.1% 2.25% - 2.75% Average Same Property Portfolio Occupancy (Full Year) (2) 96.6% 95.5% - 96.0% General and Administrative Expenses (3) $82.2M +/- $82.0M Net Interest Expense $98.6M $110.5M - $111.5M (1) 2025 Guidance represents the in-place portfolio as of February 5, 2025, and does not include any assumptions for additional prospective acquisitions, dispositions or related balance sheet activities that have not closed. (2) Our 2025 Same Property Portfolio is a subset of our consolidated portfolio and includes properties that were wholly owned by us for the period from January 1, 2024 through February 5, 2025 and excludes properties that were or will be classified as repositioning/redevelopment (current and future) or lease-up during 2024 and 2025 (unless otherwise noted). As of January 1, 2025, our 2025 Same Property Portfolio consisted of 290 properties totaling 38.2 million rentable square feet representing approximately 81% of 4Q 2024 consolidated portfolio NOI. For the full year 2024, average Same Property Portfolio occupancy was 96.8% for the 2025 Same Property Portfolio. (3) 2025 General and Administrative expense guidance includes estimated non-cash equity compensation expense of $37.4 mil