Company: FR
Filing Date: 2025-05-13
Form Type: 424B5
Source: 0001193125-25-118941
Chunk: 80

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-05-13
Form: 424B5
Chunk 80
---
 any, represented thereby, except in order to comply with mandatory provisions of applicable law. The deposit agreement will be permitted to be terminated by the Company upon not less than 30 days’ prior written notice to the applicable depositary if:

| • |     | termination is necessary to preserve the Company’s qualification as a REIT, or |

| • |     | a majority of each series of preferred stock affected by termination consents to termination, |

whereupon the depositary will be required to deliver or make available to each holder of depositary receipts, upon surrender of the depositary receipts held by that holder, the number of whole or fractional shares of preferred stock as is represented by the depositary shares evidenced by those depositary receipts together with any other property held by the depositary with respect to those depositary receipts. The Company will agree that if the deposit agreement is terminated to preserve its qualification as a REIT, then the Company will use its best efforts to list the preferred stock issued upon surrender of the related depositary shares on a national securities exchange. 16

In addition, the deposit agreement will automatically terminate if:

| • |     | all outstanding depositary shares thereunder shall have been redeemed; |

| • |     | there shall have been a final distribution in respect of the related preferred stock in connection with any                                                                                                          
 liquidation, dissolution or winding up of the Company and that distribution shall have been distributed to the holders of depositary receipts evidencing the depositary shares representing that preferred stock; or |

| • |     | each share of the related preferred stock shall have been converted into stock of the Company not represented by 
 depositary shares.                                                                                               |

Charges of Depositary The Company will pay all transfer and other taxes and governmental charges arising solely from the existence of the depositary arrangements. The Company will pay charges of the depositary in connection with the initial deposit of the preferred stock and initial issuance of the depositary shares, and redemption of the preferred stock and all withdrawals of preferred stock by owners of depositary shares. Holders of depositary receipts will pay transfer, income and other taxes and governmental charges and other charges as are provided in the deposit agreement to be for their accounts. In certain circumstances, the depositary may refuse to transfer depositary shares, may withhold dividends and distributions and sell the depositary shares evidenced by those depositary receipts if those charges are not paid. Miscellaneous The depositary will forward to the holders of depositary receipts all reports and communications from the Company that are delivered to the