Invitation Homes (INVH) official guidance

| Core FFO per share — diluted | $1.94 - $1.98 | $1.96 | $1.95 | $0.01 |

| Core FFO per share — diluted | $1.92 - $1.98 | $1.95 | $1.94 | $0.01 |

| Core FFO per share — diluted | $1.90 - $1.98 | $1.94 |

Together, these assumptions result in full year 2026 core FFO guidance of $1.90-$1.98 per share and AFFO of $1.60-$1.68 per share.

| Core FFO per share — diluted | $1.90 - $1.98 | $1.94 | $1.91 | $1.92 |

| Same Store NOI growth | 0.7% - 1.7% | 1.20% | 1.15% | 0.05% |

| Same Store NOI growth | 0.4% - 1.9% | 1.15% | 1.15% | —% |

| Same Store NOI growth | 0.3% - 2.0% | 1.15% |

This includes our expectation for same-store NOI growth in a range between 0.3% and 2%, driven by expected same-store core revenue growth in a range between 1.3% and 2.5%, and same-store core expense growth in the range between 3% and 4%.

| Same Store NOI growth | 0.3% - 2.0% | 1.15% | 2.3% | 2.25% |

Our acquisitions guidance remains unchanged, with midpoints of $250 million for wholly-owned homes from our home builder partners and $100 million through our joint ventures.

| JV acquisitions (3) | $50 - $150 million | $100 million | $100 million | $— million |

| JV acquisitions (3) | $50 - $150 million | $100 million |

| JV acquisitions (3) | $50 - $150 million | $100 million | $175 million | $150 million |

Our acquisitions guidance remains unchanged, with midpoints of $250 million for wholly-owned homes from our home builder partners and $100 million through our joint ventures.

| Wholly owned acquisitions (3) | $150 - $350 million | $250 million | $250 million | $— million |

| Wholly owned acquisitions (3) | $150 - $350 million | $250 million |

| Wholly owned acquisitions (3) | $150 - $350 million | $250 million | $812 million | $800 million |

| AFFO per share — diluted | $1.62 - $1.68 | $1.65 | $1.64 | $0.01 |

| AFFO per share — diluted | $1.60 - $1.68 | $1.64 |

Together, these assumptions result in full year 2026 core FFO guidance of $1.90-$1.98 per share and AFFO of $1.60-$1.68 per share.

| AFFO per share — diluted | $1.60 - $1.68 | $1.64 | $1.63 | $1.62 |

Combined with our first quarter activity, this pace of dispositions has run well ahead of our original expectations, which is why we increased our full-year disposition guidance for wholly-owned homes by $300 million at the midpoint to $850 million.

| Wholly owned dispositions | $750 - $950 million | $850 million | $550 million | $300 million |

| Wholly owned dispositions | $450 - $650 million | $550 million |

| Wholly owned dispositions | $450 - $650 million | $550 million | $534 million | $500 million |

| Same Store Core Operating Expenses growth (2) | 3.0% - 4.0% | 3.5% | 3.5% | —% |

| Same Store Core Operating Expenses growth (2) | 3.0% - 4.0% | 3.5% |

This includes our expectation for same-store NOI growth in a range between 0.3% and 2%, driven by expected same-store core revenue growth in a range between 1.3% and 2.5%, and same-store core expense growth in the range between 3% and 4%.

| Same Store Core Operating Expenses growth (2) | 3.0% - 4.0% | 3.5% | 2.6% | 2.75% |

(2)Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 5% to 7%; and (iii) all other expenses in a range of approximately 1% to 2%.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 5% to 7%; and (iii) all other expenses in a range of approximately 1% to 2%.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 10% to 12%; and (iii) all other expenses in a range of approximately 1.0% to 2.0%.

| Same Store Core Revenues growth (1) | 1.5% - 2.3% | 1.9% | 1.9% | —% |

| Same Store Core Revenues growth (1) | 1.3% - 2.5% | 1.9% |

This includes our expectation for same-store NOI growth in a range between 0.3% and 2%, driven by expected same-store core revenue growth in a range between 1.3% and 2.5%, and same-store core expense growth in the range between 3% and 4%.

| Same Store Core Revenues growth (1) | 1.3% - 2.5% | 1.9% | 2.4% | 2.5% |

Same Store Core Revenues growth guidance assumes FY 2026 (i) Average Occupancy in a range of 96.0% to 96.6% and (ii) average Bad Debt in a range of 60 to 80 basis points.

Our same-store core revenue growth guidance assumes average occupancy of 96.3% at the midpoint, while we expect same-store blended rent growth in the mid-2% range.

Same Store Core Revenues growth guidance assumes FY 2026 (i) Average Occupancy in a range of 96.0% to 96.6% and (ii) average Bad Debt in a range of 60 to 80 basis points.

Same Store Core Revenues growth guidance assumes FY 2026 (i) Average Occupancy in a range of 96.0% to 96.6% and (ii) average Bad Debt in a range of 60 to 80 basis points.

Same Store Core Revenues growth guidance assumes FY 2026 (i) Average Occupancy in a range of 96.0% to 96.6% and (ii) average Bad Debt in a range of 60 to 80 basis points.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 5% to 7%; and (iii) all other expenses in a range of approximately 1% to 2%.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 10% to 12%; and (iii) all other expenses in a range of approximately 1.0% to 2.0%.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 5% to 7%; and (iii) all other expenses in a range of approximately 1% to 2%.

If you look at, you know, what that implies for overall controllable expense growth or all of, all other expense growth, I guess I should say, you know, it's really in the range of 1%-2%.

Same Store Core Operating Expenses growth guidance assumes a year over year increase in FY 2026 (i) property taxes in a range of 4% to 5%; (ii) insurance expenses in a range of 10% to 12%; and (iii) all other expenses in a range of approximately 1.0% to 2.0%.