Company: INVH
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0000950170-25-049911
Chunk: 57

Company: Invitation Homes Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 57
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 financial performance and specific business results that create value for our stockholders, mitigate material risks, and align with stockholder interests by having a significant portion composed of long-term equity-based awards. We set pay levels commensurate with performance and the need to attract and retain high quality talent, and we consider many factors in setting executive compensation, including the advice of FPC, level of pay relative to the Company’s other executives, competitive market data, and both Company and individual performance and results.

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Executive Compensation—Compensation Discussion and Analysis As part of determining executive compensation, the Compensation and Management Development Committee reviews our goal-setting processes to ensure targets are rigorous, yet attainable, thereby incentivizing performance. In determining 2024 executive compensation, the Committee considered a balanced mix of metrics for our annual and long-term incentive plans to measure the Company’s performance, our progress against strategic priorities, as well as individual executive performance. 2024 Performance Highlights

| $0.74                                                                                                                                   
 On a Generally Accepted Accounting Principles (“GAAP”) basis, net income per diluted common share.                                      |     | $1.60(1)                                                                                                        
 Adjusted Funds from Operation (“AFFO”) per share, up 6.7% year-over-year.                                       |     |                                                                                                                                              22.6%(2) 
                                                                                        Same Store turnover rate for the year ended December 31, 2024. |
|:----------------------------------------------------------------------------------------------------------------------------------------|:----|:----------------------------------------------------------------------------------------------------------------|:----|------------------------------------------------------------------------------------------------------------------------------------------------------:|
| 7.7%                                                                                                                                    |     | 4.6%(2)(3)                                                                                                      |     |                                                                                                                                               3.9%(2) |
| On a GAAP basis, increase in Total Revenues year-over-year.                                                                             |     | Same Store NOI Growth year-over-year.                                                                           |     |                                                                           Same Store blended rental rate growth for the year ended December 31, 2024. |
| 7.7%                                                                                                                                    |     | BBB+                                                                                                            |     |                                                                                                                                                 2,031 |
| Increase in our quarterly cash dividend, from $0.26 per common share per quarter in 2023 to $0.28 per common share per quarter in 2024. |     | Upgraded issuer and issue-level credit ratings with a Stable outlook by Fitch Ratings as of September 23, 2024. |     | Number of new homes we have under contract and expect to purchase from our homebuilder partners over the next several years,