Investor Presentaiton

2007 - 2021 Acquisitions Volume in $ Millions by Source $900 Relationship @ 7.6% Average Cap Rate ($6,099 million = 71%) ■Market / Auction @ 7.4% Average Cap Rate ($2,485 million = 29%) THE NNN REIT” $850 $800 $750 $697 $700 $650 $772 $726 $707 $630 $618 $847 $755 $752 $716 $600 $550 $357 $500 $555 $552 $513 $337 $285 $617 $598 $567 $610 $648 $450 $400 $355 $367 $350 $300 $250 $238 $233 $200 $180 $150 $340 $221 $220 $194 $293 $333 $249 $188 $158 $100 $188 $122 $109 $50 $36 $106 $104 $17 $22 $0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 16

View entire presentation