Strategic Plan to Exit Office

Balance Sheet Overview Capitalization ($MM) (1) Total Equity (2) Pro Rata Net Debt Senior Unsecured Notes USD 9/30/23 Capitalization (%) $11,569 2,900 Equity (2) Senior Unsecured Notes EUR 3,046 Senior Unsecured Notes Mortgage Debt, pro rata USD 557 Unsecured Revolving Credit Facility / Mortgage Debt, pro rata (EUR $236 / Other $86) 322 Term Loans Unsecured Revolving Credit Facility USD 155 Mortgage Debt (pro rata) Unsecured Revolving Credit Facility (EUR $345/Other $16) 362 Unsecured Term Loans (EUR $757 / GBP $331) 1,088 Balance Sheet Highlights Total Pro Rata Debt $8,430 Less: Cash and Cash Equivalents Total Pro Rata Net Debt Enterprise Value (136) $8,293 $19,862 $19,999 Total Capitalization Leverage Metrics Pro Rata Net Debt / Adjusted EBITDA (3)(4) Pro Rata Net Debt / Enterprise Value (2)(3) Total Consolidated Debt / Gross Assets (5) Weighted Average Interest Rate (pro rata) Weighted Average Debt Maturity (pro rata) 1. Amounts may not sum to totals due to rounding. 4% 8% 30% W. P. CAREY 58% • Size: Large, well-capitalized balance sheet with $19.9B in total enterprise value Liquidity: Ample liquidity of $1.8B at quarter end Forward Equity: Settled all outstanding forward sale agreements for net proceeds of approximately $384MM in October 2023 NLOP Financing: Approximately $350MM of proceeds, net of transaction expenses, transferred to WPC in November 2023 Credit Rating: Upgraded to Baa1 (stable) by Moody's and BBB+ (stable) by S&P in September 2022 and January 2023, respectively Leverage: Maintain conservative leverage targets (mid-to-high 5s Net Debt to EBITDA) Capital Markets: Demonstrated strong access to capital markets Term Loan: €500MM term loan swapped to 4.34% due April 2026 in April 2023 ATM: $104MM of forward equity issued year-to-date Private Placement: €150MM of 3.41% Senior Unsecured Notes due 2029 and €200MM of 3.70% Senior Unsecured Notes due 2032 issued in September 2022 5.7x 41.8% 40.6% 3.3% - 3.7 years - Green Bonds: $350MM, 2.45% Notes due 2032 issued in 2021 2. Based on a closing stock price of $54.08 on September 30, 2023 and 213,925,817 common shares outstanding as of September 30, 2023. 3. Pro rata net debt to enterprise value and pro rata net debt to Adjusted EBITDA are based on pro rata debt less consolidated cash and cash equivalents. 4. Adjusted EBITDA represents 3Q23 annualized Adjusted EBITDA, as reported in the Form 8-K filed with the SEC on November 3, 2023. 5. Gross assets represent consolidated total assets before accumulated depreciation on real estate. Gross assets are net of accumulated amortization on in-place lease and above-market rent intangible assets. 25

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