Investor Presentaiton

2024 Core FFO Bridge $0.88 $0.87 ($0.20) (1) $0.85 $0.82 $0.79 $0.76 $0.06 ($0.03) $0.73 $0.70 $0.67 $0.64 $0.61 $0.08 ($0.02) ($0.05) Consensus $0.65 ■ Adjusted I Consensus I ($0.01) $0.70 I $0.71 | $0.06 $0.76 $0.58 2023 Core FFO Significant Expirations (1) Free Rent Burn- Termination S/L Rent & FAS Off/Rent Steps, Income 141 Adjustments Interest and Fee Income, Interest Expense G&A net net 2024 FFO (Including Non-Core Adjustments for Non-Core Assets (2) 2024 Core FFO Assets) (1) Represents leases over 50,000 square feet and includes (i) the carryover impact of 2023 lease expirations/terminations such as Credit Agricole, Uber and Extreme Reach, as well as (ii) 2024 lease expirations, such as Clifford Chance. (2) Non-core assets include 111 Sutter Street and Market Center. See page 11 for details. 10 PARAMOUNT GROUP

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