Netstreit Investor Presentation Deck slide image

Netstreit Investor Presentation Deck

Strong Tenant Credit Underwriting Credit-Focused Underwriting Approach Drives Stable Revenue and Long-Term Return on Investment Description Durability % Of ABR Lease Terms (WALT, Rent Bumps, etc.) Representative Tenants Note: Portfolio data as of June 30, 2023. NETSTREIT Investment Grade (rated) Validated financial strength and stability Professional management with standardized operational practices Focus on corporate guarantee credit Lower relative yields Higher competition for deals Walgreens TJX 67.7% Less negotiating leverage THE TX COMPANIES, INC Defensive, consistent performance through economic cycles Firestone O TARGET ELEVEN Kroger ABUCK TAR Investment Grade Profile (unrated) 81.8% IG and IG Profile Walmart LOWE'S WHOLE Advancel FOODS Auto Parts IG-caliber balance sheets without explicit rating Threshold metrics: ● At least $1B in sales Debt / adjusted EBITDA of less than 2.0x 14.1% More negotiating leverage WAREHOUSE OLLIE'S Chick-fil-& Bargain OUTLET GOOD STUFF CHEAP HOBBY LOBBY Publix. REI Sub-IG (rated) & Sub-IG Profile (unrated)¹ Well-capitalized retailers National footprint with strong brand equity Focus on real estate quality / unit- level profitability Higher relative yields Lower competition for deals Coverage and credit enhancements required given more susceptible to market disruptions Most negotiating leverage KFC Jacks 18.2% Davita. Wendy's Caribou COFFEE. Bojangles Winn✔Dixie Burlington 9
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