Investor Presentaiton

BOARD OF DIRECTORS & GOVERNANCE BOARD OF DIRECTORS (INDEPENDENT) Name, tenure Laurie Hawkes (Chairman) Director since 2016 Chairman since 2021 Shekar Narasimhan Director since 2007 Experience ■ Co-Founder, American Residential Properties ■ Director, Appreciate Holdings, Inc. (NASDAQ: SFR) ■ Co-Founder & Managing Partner, Beekman Advisors ■ Former Chairman & CEO, WMF Group KEY GOVERNANCE HIGHLIGHTS Majority independent board All required committees are independent Elected to opt out of MUTA James Watters Director since 2007 David Jacobstein Director since 2013 Denise Brooks-Williams Director since 2021 Michael Coke Director since 2021 ■■ SVP & Treasurer, Rochester Institute of Technology ■Board member, Canandaigua National Corp. ■Former President & COO, Developers Diversified Realty Corp. ■ Former Trustee, Corporate Office Properties Trust (NYSE: OFC) ■Senior Vice President and Chief Executive Officer, North Market, Henry Ford Health System, Inc. ■ President and Co-Founder, Terreno Realty Corporation (NYSE: TRNO) Significant equity investment by board members Minimum stock ownership requirements 44% of directors identify as female 56% of directors identify with underrepresented groups BOARD OF DIRECTORS (NON-INDEPENDENT) Name, tenure Experience Jessica Duran Director since 2023 ■Managing Director and Chief Financial Officer of TSG Consumer Partners Laura Felice Director since 2023 ■ Executive Vice President and Chief Financial Officer of BJ's Wholesale Club Holdings, Inc. (NYSE: BJ) BROADSTONE NET LEASE, INC. 20 20 John Moragne Director since 2023 ■ CEO, Broadstone Net Lease ■ Joined BNL in 2016 INVESTOR PRESENTATION | MAY 2023

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