Rexford Industrial Realty — Jul 16, 2025 release

2025 Outlook (1) Q2 2025 Updated Guidance Q1 2025 Guidance Net Income Attributable to Common Stockholders per diluted share $1.38 - $1.42 $1.31 - $1.35 Company share of Core FFO per diluted share $2.37 - $2.41 $2.37 - $2.41 Same Property Portfolio NOI Growth — Net Effective 0.75% - 1.25% 0.75% - 1.25% Same Property Portfolio NOI Growth — Cash 2.25% - 2.75% 2.25% - 2.75% Average Same Property Portfolio Occupancy (Full Year) (2) 95.5% - 96.0% 95.5% - 96.0% General and Administrative Expenses (3) +/- $82M +/- $82M Net Interest Expense +/- $107M +/- $109.5M (1) 2025 Guidance represents the in-place portfolio as of June 30, 2025, and does not include any assumptions for additional prospective acquisitions, dispositions or related balance sheet activities that have not closed. (2) As of June 30, 2025, our 2025 Same Property Portfolio consisted of 289 properties totaling 38.0 million rentable square feet representing approximately 80% of Q2 2025 total portfolio NOI. (3) 2025 General and Administrative expense guidance includes estimated non-cash equity compensation expense of $37.3 million. Non-cash equity compensation includes restricted stock, time-based LTIP units and performance units that are tied to the Company’s overall performance and may or may not be realized based on actual results. A number of factors could impact the Company’s ability to deliver results in line with its guidance, including, but not limited to, the potential impacts related to interest rates,