Strategic Plan to Exit Office

Accelerates Existing Office Disposition Strategy • WPC has reduced its office exposure from 30% of ABR in 2015 to under 16% today - the Transaction greatly accelerates that trajectory Expect balance sheet sales to be completed by early 2024 and generate total gross sale proceeds of approximately $800 million Year-to-date, four properties have been sold for gross proceeds of approximately $140 million Closed or transactions in place on over 90% of assets, based on gross proceeds - - 30.0% YE 2015 25.5% YE 2018 Office Exposure as % of Total ABR (1) 15.5% | W. P. CAREY Office Sale Program represents 5% of total WPC ABR as of 9/30/23 Residual office assets on master leases or will be redeveloped into other property types 5.1% 0.0% (2) Today (9/30/2023) Post-Spin-Off Post-Transaction I 1. Portfolio information reflects pro rata ownership of real estate assets (excluding operating properties) as of September 30, 2023. 2. Excludes office properties that will be redeveloped or reclassified into other property types and office properties that are subject to master leases with tenants owning additional property types. 10

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