Rexford Industrial Realty — Jul 23, 2026 release

2026 Outlook Q2 2026 Updated Guidance Q1 2026 Guidance Earnings Net (Loss) Income Attributable to Common Stockholders per diluted share (1) ($1.32) - ($1.27) $1.22 - $1.27 Company share of Core FFO per diluted share (1) $2.38 - $2.43 $2.37 - $2.42 Same Property Portfolio (2) Same Property Portfolio NOI Growth - Net Effective (1.25)% - (0.25)% (2.0)% - (1.0)% Same Property Portfolio NOI Growth - Cash (0.75)% - 0.25% (1.5)% - (0.5)% Average Same Property Portfolio Occupancy (Full Year) 95.3% - 95.7% 95.1% - 95.6% Capital Allocation Dispositions $1.5B - $2.0B $400M - $500M Repositioning/Development Annualized Stabilized Cash NOI (3) $16M - $18M $16M - $18M Repositioning/Development Starts (SF) 1.2M 1.2M Repositioning/Development Starts (Total Estimated Project Costs) $160M - $170M $160M - $170M Other Assumptions General and Administrative Expenses +/-$57M +/-$60M Interest Expense +/-$105M +/-$112M (1) 2026 Net Loss and Core FFO Guidance reflects the Company's in-place portfolio as of July 23, 2026, as well as guidance expectations related to investment activity. (2) 2026 Same Property Portfolio is a subset of our consolidated portfolio and includes properties that were wholly owned for the period from January 1, 2025 through July 23, 2026, and excludes properties that were or will be classified as repositioning or development (current and future) or lease-up during 2025 and 2026 (unless otherwise noted), select buildings in other repositioning and properties included in the 2026 disposition guidance. (3) Represents estima