Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 3

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 3
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  | ​ | ​ | ​                        | ​ | #3 | ​ | ​ | ​ | ​                      | ​ | 45% | ​ | ​ | ​ | ​                | ​ | #2 | ​ | ​ | ​ | ​                      | ​ | 25% | ​ | ​ |

* U.S. Office Peers include the constituents of the Bloomberg North American Office REIT Valuation Peers Index and NYC Peers include Acadia Realty Trust, Empire State Realty Trust, Inc., Veris Residential, Inc., Paramount Group, Inc. and Vornado Realty Trust, with SLG excluded, in each case, from the calculation of the peer median. In 2024, the execution of strategic plans resulted in significant industry outperformance. Key drivers of stockholder value creation included: ✓ Increased same store office occupancy by 2.7% to 92.5% compared to Manhattan’s average office occupancy of 83.5% 1 ✓ Closed on the sale of an 11.0% interest in One Vanderbilt at a gross asset valuation of $4.7 billion ✓ Signed 188 Manhattan office leases at starting rents 8.5% higher than the previous fully escalated rents on the same spaces ✓ Sold all condominium units at the new Giorgio Armani Residences at 760 Madison Avenue ✓ Refinanced, modified or extended over $5.2 billion of the Company’s debt ✓ Further leveraged Company’s low G&A expense base, with new high-value, low-cost businesses ✓ Outperformance and downside protection driven by opportunistic dispositions since 2020 and stock buybacks since 2017

1 Colliers. (Q4 2024). Research Report: New York City, Manhattan Office. Retrieved from Colliers.com.

TABLE OF CONTENTS

| ​ | 2 | ​ | ​ | SL GREEN REALTY CORP. 2025 PROXY STATEMENT | ​ |

CEO Agreement Extends Our Track Record of Board Responsiveness New agreement incentivizes the execution of SLG’s visionary long-term strategy AND delivers on the Board’s commitment to stockholders .

| ​ | New CEO Agreement Highlights:​                                                                                                                       | ​ |
| ​ | ✓                                                                                                                                                    
 Base salary is the only fixed pay element                                                                                                            
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| ​ | ✓                                                                                                                                                    
 100% of CEO annual incentive based on formulaic outcome                                                                                              
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| ​ | ✓                                                                                                                                                    
 Elimination of short-term performance goals for long-term equity incentives, in line with prior