Curating Best-in-Class Portfolio

Realty Income is the Global Leader in a Fragmented Net Lease Sector REALTY INCOME ~$60B enterprise value 54+ years of operating history SIZE, SCALE AND QUALITY ~$3.4B annualized base rent 12,237 A3/A- credit ratings by Moody's & S&P ~41% GROWING INTERNATIONAL PRESENCE 4th largest global REIT (2) $6.8B European Portfolio 271 assets ~9 years remaining lease term 35+ industries commercial real estate properties of rent from investment grade clients (1) (2) As measured by equity market capitalization of FTSE EPRA Nareit Global REITS TR Index Constituents. As of 1/31/2023. DIVERSIFIED REAL ESTATE PORTFOLIO 1,240 Other clients 84 industries 50 8% Non-retail 16% 76% Non-discretionary, Low Price Point and/or Service-oriented Retail ~92% of total rent is resilient to economic downturns and/or isolated from STRONG DIVIDEND TRACK RECORD(3) 28 Consecutive Years of Rising Dividends $3.054 632 monthly dividends declared 101 consecutive quarterly increases S&P 500 Dividend Aristocrats® index member +4.4% CAGR $0.90 U.S. states, and Puerto Rico, Italy, Spain and the U.K. e-commerce pressures (1) Clients and clients that are subsidiaries or affiliates of companies with a credit rating of Baa3/BBB- or higher from one of the three major rating agencies (Moody's/S&P/Fitch). 1994 1997 2000 (3) As of February 2023 dividend declaration. 2003 2006 2009 2012 2015 2018 2021 8

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