Netstreit Investor Presentation Deck slide image

Netstreit Investor Presentation Deck

1 2023E AFFO per Share Growth ¹ 7.2% ESSENTIAL PROPERTIES Multiple and Earnings Growth Comparison Relative Valuation and Growth Remains Favorable 5.7% ESSENTIAL PROPERTIES 5.3% Getty Realty 4.7% 3.7% N NETSTREIT 3.3% 3.6% AGREE REALTY 3.3% 3 2024E AFFO per Share Growth ³ AGREE REALTY REALTY INCOME #FCPT 2.1% Source: Public filings, FactSet and S&P Capital IQ. Note: Market data as of November 10, 2023. N MORERES 2.7% 2.1% Getty Realty REALTY INCOME Ha 2.4% NN PAR 1.6% #FCPT 2.2% SPIRIT 1.2% I SPIRIT 1.8% NETSTREIT (1.4%) (W.P. CAREY) (8.1%) (W.P. CAREY 2023E AFFO per Share Multiple ² 14.3x 13.8x I AGREE REALTY 13.8x 13.1x ESSENTUL PROPERTIES #FCPT 1. 2023E AFFO per share growth is calculated using FactSet mean 2023E AFFO per share estimates and 2022A AFFO per share. 2. 2023E AFFO per share multiple calculated using current price per share and FactSet mean 2023E AFFO per share estimates. 3. 2024E AFFO per share growth is calculated using FactSet mean 2024E AFFO per share estimates and mean 2023E AFFO per share estimates. 4. 2024E AFFO per share multiple calculated using current price per share and FactSet mean 2024E AFFO per share estimates. NETSTREIT 13.1x 12.7x AGREE REALTY ESSENTIAL PROPERTIES #FCPT 12.5x REALTY INCOME 2024E AFFO per Share Multiple 4 12.2x 12.4x 12.3x N NETSTREIT NETSTREIT Getty Realty 12.1x 12.0x REALTY INCOME Getty Realty 11.8x NATIONAL RETAIL PROPERTES 11.5x NATIONAL RETAIL PROPERTES 10.6x SPIRIT 11.3x (W.P. CAREY 10.4x (WE CAREY 10.3x SPIRIT 18
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