Company: FR
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0000921825-25-000032
Chunk: 39

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 39
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 are charts showing the relationship of CAP to our CEO and average CAP to other Named Executive Officers in 2020, 2021, 2022, 2023 and 2024 to (1) TSR of both the Company and the FTSE Index (2) the Company’s net income and (3) FFO per diluted share/Unit.

| CAP vs. Shareholder Return |

(1) Value assumes $100 invested on December 31, 2019.

<div align='center'>38</div>

| CAP vs. Net Income |

| CAP vs. FFO per Diluted Share/Unit |

<div align='center'>39</div>

### CEO PAY RATIO
As required by the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(u) of Regulation S-K, we are providing the following information with respect to the annual total compensation of our median employee, excluding Mr. Baccile, the annual total compensation of Mr. Baccile, and the ratio of those two values:

• The 2024 annual total compensation of the median employee of the Company (other than Mr. Baccile) was $152,152;

• The 2024 annual total compensation of our CEO, Mr. Baccile, was $6,617,506; and

• For 2024, the ratio of the annual total compensation of Mr. Baccile to the median annual total compensation of all our employees was approximately 43 to 1.

### Background
In 2024, we identified the median employee using all of our employees, exclusive of Mr. Baccile, included in our payroll system as of December 31, 2024. For employees who were not with the Company for the full year, salaries and wages were annualized, and their compensation was further adjusted to reflect the annual bonus payout generally awarded to employees who were not employed on the bonus payment date.

To identify the median employee, gross wages, including equity compensation, for 2024 was ranked from lowest to highest and the median employee was selected from the list. The total annual compensation of the median employee was then calculated in the same manner as the total compensation disclosed for Mr. Baccile in the Summary Compensation Table shown above.

The pay ratio is a reasonable estimate, calculated in a manner consistent with SEC rules, based on our payroll and employment records and the methodology described above. Because Mr. Baccile’s compensation was calculated in accordance with SEC rules, it does not necessarily reflect his