Superior Stability and Dividend Growth slide image

Superior Stability and Dividend Growth

Investment Thesis PROVEN TRACK RECORD OF RETURNS... 15.3% Compound Annual Total 0.5 Return Since '94 NYSE Listing Beta vs. S&P 500 Since '94 NYSE Listing(1) CONSISTENTLY INCREASING DIVIDENDS... 4.4% Compound Annual Dividend Growth Rate Since 1994 (1) Beta measured using monthly frequency. S&P 500 Dividend AristocratsⓇ Index Member (2) Measured as AFFO per share growth | Excludes positive earnings from Crest Net Lease, a subsidiary of Realty Income, as earnings do not reflect recurring business operations. Note: The area chart reflects Realty Income's total shareholder return since 10/18/1994 STABILITY AND GROWTH OF EARNINGS... REALTY 25 of 26 Years of Positive Earnings Per Share(2) Growth 5.1% Median AFFO Per Share Growth Since 1996 POSITIONED FOR CONTINUED GROWTH... $12 Trillion Estimated Addressable Market Opportunity in the US and Europe $84 Billion Sourced Acquisition Opportunities in 2021 INCOME 7
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