Company: SLG-PI
Filing Date: 2025-04-22
Form Type: DEF 14A
Source: 0001104659-25-037534
Chunk: 40

Company: SL GREEN REALTY CORP
Filing Date: 2025-04-22
Form: DEF 14A
Chunk 40
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 Debt                    | ​ | ​ |   | ​ | ​ | ​ | Achieved $5.2B of Debt Extensions, Modifications & Refinancings | ​ | ​ |
| Discounted Debt Gains of $50M                               | ​ | ​ |   | ​ | ​ | ​ | Achieved $216M of Discounted Debt Gain                          | ​ | ​ |
| Reduce Short Interest to <15%                               | ​ | ​ |   | ​ | ​ | ​ | Reduced Short Interest to 9.8%(1)                               | ​ | ​ |
| One-Year TSR Performance >10%                               | ​ | ​ |   | ​ | ​ | ​ | TSR Performance of 58%(1)                                       | ​ | ​ |
| Exceed DJ U.S. Real Estate Office Index by 250 Basis Points | ​ | ​ |   | ​ | ​ | ​ | Outperformed Index by 5,394 Basis Points(1)                     | ​ | ​ |

(1) Source: Bloomberg. (2) Refer to Appendix A to this proxy statement for reconciliations of Normalized FFO Per Share, Normalized Funds Available for Distribution and Same Store Cash NOI. Normalized FFO Per Share and Normalized Funds Available for Distribution include Gain on Discounted Debt Extinguishment of $20.0M, with gains on Discounted Debt Extinguishment in excess of $20.0M excluded from the final calculations. Same Store Cash NOI is presented excluding lease termination income.

| ​ | The goals established as part of our performance-based compensation programs in January 2024 were in line with those outlined at our December 2023 Institutional Investor Conference established as a roadmap for fiscal year 2024.                                                                                             | ​ |
| ​ | As in prior years, the Companyremained agile and prioritized short-term and long-term stockholder returnahead of certain goals, such as debt and preferred equity originations and strategic dispositions,even where pursuing such goals might have increased the payout of earned performance-based awards and annual bonuses. | ​ |

TABLE OF CONTENTS

| ​ | 44 | ​ | ​ | SL GREEN REALTY CORP. 2025 PROXY STATEMENT | ​ |

Compensation Program Overview Majority of 2024 Pay at Risk* Majority of 2024 Compensation Paid in Equity*

| ​                               | ​ | ​ | CEO   | ​ | ​ | Other NEOs | ​ |
| Equity Compensation             
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 Performance-Based Equity Awards 
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