Growing International Portfolio

Superior Stability vs S&P 500 REITs: Favorable Occupancy, Dividend Growth, Credit Rating and Total Return PORTFOLIO OCCUPANCY (1) DIVIDEND GROWTH(2) 98.2% 96.6% 94.2% 91.9% Historical Median 0% 10.7% 4.4% (3) 3.1% % of Years w/ Negative Growth Dividend CAGR Lowest Year-End REALTY INCOME AVG. CREDIT RATING (S&P/MOODY'S)(4) A/A2 A-/ A3 BBB+ / Baa1 BBB / Baa2 S&P 500 REIT # OF YEARS WITH TSR < -10% (2) 9 8 7 6 5 4 3 2 1 0 BBB-/Baa3 Source: SNL, Bloomberg (1) Data since 12/31/2000 through 6/30/2023 (where available). Excludes companies without trading histories dating to 10/18/1994 and the S&P 500 non-property REITs. Data for S&P 500 REITS is calculated as median of the group. (2) Data since 1/1/1995 through 12/31/2022. Excludes companies without trading histories dating to 10/18/1994 and the S&P 500 non-property REITs. Data for S&P 500 REITS is calculated as median of the group. (3) As of July 2023 dividend declaration. (4) Current S&P 500 REITs, excluding the S&P 500 non-property REITs. Credit ratings as of 6/30/2023. REALTY INCOME 15

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