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Growing International Portfolio

Proven Track Record of Value-Add Asset and Portfolio Management REALTY INCOME Lease Expiration Schedule (1) Provides Visibility into Future Cash Flows Weighted average lease term of 9.6 years 3.6% 5.5% 7.7% 8.8% 5.2% 7.2% 5.0% 6.9% 1.1% 49.0% 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032-2143 Rents at or below market at acquisition result in above 100% recapture ratios at expiration. Re-leased over 4,400 properties at 102.0% recapture rate since 1996. One of the few net lease companies that report re-leasing results. (1) Lease expiration schedule represents percentage of total portfolio annualized contractual rent. MAXIMIZING REAL ESTATE VALUE: Strategic management of rollovers Proactively addressing portfolio "watch list" Resolved over 5,300 lease expirations since 1996 Accretive Re-Leasing Activity is a Result of Prudent Underwriting 104.5% 105.5% 103.3% 100.9% 102.6% 103.4% 105.9% 102.7% 100.0% 2015 2016 2017 2018 2019 2020 2021 2022 YTD 2023 23
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