Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 50

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 50
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, especially following two-year TSR sector outperformance with TSR of approximately 135%.                                                                                          | ​ |

For detailed 2024 pay outcomes for each of our named executive officers see the NEO scorecards below. How We Establish Performance Goals—Formulaic Annual Bonus and Equity Awards

| ​ | Emphasis on At-Risk Pay Elements                         | ​ | ​ | In line with stockholder feedback, we have continued our commitment to rigorous performance-based incentives. For 2024:                                                                                                                                                         
 ✓                                                                                                                                                                                                                                                                               
 93.7% of CEO compensation was performance-based and at-risk                                                                                                                                                                                                                     
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 ✓                                                                                                                                                                                                                                                                               
 87.5% of other NEO compensation was performance-based and at-risk                                                                                                                                                                                                               
 ​                                                                                                                                                                                                                                                                               
 Rewards superior performance, while aligning interests with those of our stockholders by using long-term equity.                                                                                                                                                                | ​ |
| ​ | Performance Metrics Reflect Complexities of Our Business | ​ | ​ | Performance criteria across a range of financial and corporate goals as well as performance periods. These criteria account for the short- and long-term complexities of operating our business.                                                                                
 A blend of performance periods maintains our overall long-term focus while also accounting for the challenges we may face in forecasting for periods greater than 12 months that result from our aggressive recycling of capital and our focus on transformational initiatives. | ​ |
| ​ | No One-Size-Fits-All Solution                            | ​ | ​ | Designed goals that incentivize our executive officers no matter the time horizon.                                                                                                                                                                                              
 Compensation structure that links executive officers’ focus on our business to the way our stockholders think about value.                                                                                                                                                      | ​ |

TABLE OF CONTENTS

| ​ | 52 | ​ | ​ | SL GREEN REALTY CORP. 2025 PROXY STATEMENT | ​ |

| ​ |     | ​ | ​ | Shorter Performance Period(performance metrics withinmanagement’s scope and visibility) | ​ | ​ |     | ​ | ​ | Longer Performance Period(performance metrics that align withthe creation of stockholder value) | ​ | ​ |     | ​ |

| ​ | In response to stockholder feedback, our CEO’s 2025 employment agreement provides that all performance-based equity awards will be subject to three-year performance goals, i.e., all annual performance goals that previously underpinned prior years’ performance-based awards have been eliminated. | ​ |

RIGOROUS METHODOLOGY FOR SETTING PERFORMANCE GOALS The Committee, in consultation with management and other advisors, takes