Investor Presentaiton

COVID-19 Update ■ NNN successfully continuing operations IT systems investment paying off; no layoffs/furloughs THE NNN REIT” Retail tenants challenged given prolonged continuation of business closures and social-distancing practices Collected approximately 99.6% of rent due in first quarter 2022 Conservative balance sheet management and strong liquidity ☐ Ended the first quarter with $53.7 million of cash, no amounts drawn on bank credit line and no material debt maturities due until 2024 Quality of Properties ☐ Good retail real estate locations; historically high occupancy 5

View entire presentation