Portfolio Overview - LXP Industrial Trust has gross assets of $4.8 billion and owns 116 properties, with 100% focused on industrial real estate[7] - The portfolio consists of 56.4 million square feet of space, with 48% of tenancy from investment-grade companies[8] - 92% of the portfolio is classified as Class A properties[7] - The portfolio is 94.1% leased with an average rent of $5.14 per square foot[17] Financial Performance and Growth Drivers - The company produced same-store NOI growth of 4.7%[11] - LXP extended 1.3 million square feet of leases year-to-date, increasing Base and Cash Base Rents by 41% and 46%, respectively[11] - Leases expiring through 2030 are estimated to have a ~17% current mark-to-market, potentially increasing initial annual cash rent by $32 million[15, 53] - The company repurchased $28 million of floating rate Trust Preferred Securities at a 5% discount to par[11] Strategic Focus and Market Positioning - LXP is focused on 12 target markets in the Sunbelt and lower Midwest, where population and job growth are 2.3x and 1.7x the national average, respectively[12] - There is $150 billion of advanced manufacturing investment announced in LXP's target markets[12] - The company sold one property for $40 million at a cash capitalization rate of 4.3%[11] - The company has 514 acres of development land available, including 315 acres in Phoenix[68]

INVESTOR PRESENTATION All company names are trademarks , registered® trademarks or service marks of their respective holders. Use of them does not imply any affiliation with or endorsement of them. 2 LXPINDUSTRIAL TRUST FIRST QUARTER 2025 LXPINDUSTRIAL TRUST Forward-Looking Statements and Other Disclosure This presentation contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ...