Netstreit Investor Presentation Deck

1 2023E AFFO per Share Growth ¹ 7.4% ESSENTIAL PROPERTIES Multiple and Earnings Growth Comparison Relative Valuation and Growth Remains Favorable 3.7x ESSENTIAL PROPERTIES 5.1% Getty Realty 4.2x 5.0% NETSTREIT N NETSTREIT Net Debt + Pref. / EBITDA ³ 4.7x 3.5% Getty Realty A AGREE REALTY 4.8x 2.3% REALTY INCOME Source: Public filings, FactSet and S&P Capital IQ. Note: Market data as of December 1, 2023. 5.0x AGREE REALTY REALTY INCOME - 2.2% NATIONAL BETAE MORRIS 5.4x (W.P. CAREY 1.3% #FCPT 5.4x NINA 1.2% ISPIRIT 5.4x SPIRIT (1.5%) (W.P. CAREY 5.6x 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. Net Debt plus Preferred is adjusted for forward equity. ADC, EPRT, GTY and NTST leverage as of September 30, 2023. 4. 2024E AFFO per share multiple calculated using current price per share and FactSet mean 2024E AFFO per share estimates. NETSTREIT 2023E AFFO per Share Multiple ² 15.2x 14.9x AGREE REALTY 14.3x 14.7x ESSENTIAL PROPERTIES #FCPT 13.6x 14.2x 13.9x REALTY INCOME 2024E AFFO per Share Multiple 4 13.5x 13.4x 13.2x AGREE REALTY ESSENTIAL PROPERTIES #FCPT (W.P. CAREY Getty Realty NETSTREIT 13.1x 13.0x REALTY INCOME Getty Realty 12.7x 12.2x 11.6x I NATIONAL RETAIL PROPERTES 13.0x N NETSTREIT W.P. CAREY 12.4x NATIONAL RETAIL PROPERTIES SPIRIT 11.4x SPIRIT 18

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