Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 167

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 167
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 | ​ |
| Normalized FFO per share:                                                                 | ​ | ​ | ​ | ​ |        ​ | ​                                  | ​ |
| Basic                                                                                     | ​ | ​ | ​ | ​ |     5.36 | ​                                  | ​ |
| Diluted                                                                                   | ​ | ​ | ​ | ​ |     5.24 | ​                                  | ​ |

(1) Includes $172.4 million of SLG share of unconsolidated JV gain on early extinguishment of debt.

TABLE OF CONTENTS

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

Below is a reconciliation of net income attributable to our stockholders to Normalized Funds Available for Distribution, or FAD, for the twelve months ended December 31, 2024 (amounts in thousands, except per share data).

| ​                                                                                         
 Normalized Funds Available for Distribution Reconciliation:                               | ​ 
 ​ | ​ 
 ​ | ​ | ​ |        ​ | Twelve monthsendedDecember 31,2024 
 ​                                  | ​ 
 ​ |
|:------------------------------------------------------------------------------------------|:--|:--|:--|:--|---------:|:-----------------------------------|:--|
| Net income attributable to SL Green common stockholders                                   | ​ | ​ | ​ | $ |    7,060 | ​                                  | ​ |
| Add:                                                                                      | ​ | ​ | ​ | ​ |        ​ | ​                                  | ​ |
| Depreciation and amortization                                                             | ​ | ​ | ​ | ​ |  207,443 | ​                                  | ​ |
| Joint venture depreciation and noncontrolling interest adjustments                        | ​ | ​ | ​ | ​ |  287,671 | ​                                  | ​ |
| Net loss attributable to noncontrolling interests                                         | ​ | ​ | ​ | ​ |     -431 | ​                                  | ​ |
| Less:                                                                                     | ​ | ​ | ​ | ​ |        ​ | ​                                  | ​ |
| Equity in net gain (loss) on sale of interest in unconsolidated joint venture/real estate | ​ | ​ | ​ | ​ |  208,144 | ​                                  | ​ |
| Purchase price and other fair value adjustments                                           | ​ | ​ | ​ | ​ |   83,430 | ​                                  | ​ |
| Gain (loss) on sale of real estate, net                                                   | ​ | ​ | ​ |