First Industrial Realty Trust — Apr 22, 2026 release

• In conjunction with these refinancings, the Company also amended its $200 million unsecured term loan to, among other things, eliminate the 10 basis point SOFR adjustment. • Established a new share repurchase program under which the Company may repurchase up to $250 million of common stock. < more > Common Stock Dividend The board of directors declared a common dividend of $0.50 per share/unit for the quarter ending March 31, 2026 that was paid on April 20, 2026 to stockholders of record on March 31, 2026. The new dividend rate represents a 12.4% increase from the prior rate of $0.445 per share/unit. Outlook for 2026 “The fundamental environment continues to be stable, with decision-making accelerating for space sizes under 200,000 square feet in our portfolio,” said Mr. Baccile. “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 follo