Netstreit Investor Presentation Deck
Disclaimer
This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange Act of 1934, as amended. Such forward-looking statements include, without limitation, statements concerning our business and growth strategies, investment,
financing and leasing activities, including estimated development costs, and trends in our business, including trends in the market for single-tenant, retail commercial real
estate. Words such as "expects," "anticipates," "intends," "plans," "likely," "will," "believes," "seeks," "estimates," and variations of such words and similar expressions are
intended to identify such forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors that may cause our actual results,
performance or achievements to be materially different from the results of operations or plans expressed or implied by such forward-looking statements. Although we
believe that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore such
statements included in this presentation may not prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the
inclusion of such information should not be regarded as a representation by us or any other person that the results or conditions described in such statements, or our
objectives and plans will be achieved. For a further discussion of these and other factors that could impact future results, performance or transactions, see the information
under the heading "Risk Factors" in our Form 10-K for the year ended December 31, 2022, filed with the SEC on February 23, 2023, and other reports filed with the SEC
from time to time. Forward-looking statements and such risks, uncertainties and other factors speak only as of the date of this presentation. New risks and uncertainties
may arise over time, and it is not possible for us to predict those events or how they may affect us. Many of the risks identified herein and in our periodic reports have been
and will continue to be heightened as a result of the ongoing and numerous adverse effects arising from macroeconomic conditions, including inflation, interest rates and
instability in the banking system. We expressly disclaim any obligation or undertaking to update or revise any forward-looking statement contained herein, to reflect any
change in our expectations with regard thereto, or any other change in events, conditions or circumstances on which any such statement is based, except to the extent
otherwise required by law.
This presentation also includes certain financial measures not presented in accordance with generally accepted accounting principles ("GAAP") including, but not limited to,
FFO, Core FFO, AFFO, EBITDA, EBITDAre, Adjusted EBITDAre, Annualized Adjusted EBITDAre, NOI, Cash NOI, Normalized Cash NOI, Net Debt and Pro forma Net
Debt. These non-GAAP financial measures are not measures of financial performance in accordance with GAAP and may exclude items that are significant in
understanding and assessing the Company's financial results. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash
flows from operations or other measures of profitability, liquidity or performance under GAAP. You should be aware that the presentation of these measures may not be
comparable to similarly-titled measures used by other companies. The Company believes these non-GAAP measures provide useful information to management and
investors regarding certain financial and business trends relating to the Company's financial condition and results of operations. The Company believes that the use of
these non-GAAP financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in and in comparing its financial
results with other similar companies, many of which present similar non-GAAP financial measures to investors. These non-GAAP financial measures are subject to inherent
limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-GAAP financial
measures.
Certain monetary amounts, percentages and other figures included in this presentation have been subject to rounding adjustments. Certain other amounts that appear in
this presentation may not sum due to rounding.
NETSTREIT
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