Company: FR
Filing Date: 2025-05-13
Form Type: 424B5
Source: 0001193125-25-118941
Chunk: 70

Company: FIRST INDUSTRIAL REALTY TRUST INC
Filing Date: 2025-05-13
Form: 424B5
Chunk 70
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 liquidation, dissolution or winding up of the affairs of the Company; and |

| (14) | Any limitations on direct or beneficial ownership and restrictions on transfer, in each case as may be 
 appropriate to preserve the status of the Company as a REIT.                                           |

Unless otherwise specified in the prospectus supplement, the preferred stock will, with respect to dividend rights and rights upon liquidation, dissolution or winding up of the Company, rank:

| • |     | senior to all classes or series of common stock, and to all equity securities ranking junior to the preferred 
 stock with respect to dividend rights or rights upon liquidation, dissolution or winding up of the Company;   |

| • |     | on a parity with all equity securities issued by the Company the terms of which specifically provide that those                                                       
 equity securities rank on a parity with the preferred stock with respect to dividend rights or rights upon liquidation, dissolution or winding up of the Company; and |

| • |     | junior to all equity securities issued by the Company the terms of which specifically provide that those equity                                     
 securities rank senior to the preferred stock with respect to dividend rights or rights upon liquidation, dissolution or winding up of the Company. |

The term “equity securities” does not include convertible debt securities. Dividends Holders of the preferred stock of each series will be entitled to receive, when, as and if declared by the Company’s board of directors, out of the Company’s assets legally available for payment, dividends in such form and at rates and on dates as will be set forth in the applicable prospectus supplement. Each dividend shall be payable to holders of record as they appear on the share transfer books of the Company on the record dates as shall be fixed by the Company’s board of directors. Dividends on any series of the preferred stock may be cumulative or non-cumulative,as provided in the applicable prospectus supplement. Dividends, if cumulative, will be cumulative from and after the date set forth in the applicable prospectus supplement. If the Company’s board of directors fails to declare a dividend payable on a dividend payment date on any series of the preferred stock for which dividends are non-cumulative,then the holders of that series of the preferred stock will have no right to receive a dividend in respect of the dividend period ending on that dividend payment date, and the Company will have no obligation to pay the dividend accrued for that period, whether or not dividends on that series are declared payable on any future dividend payment date.