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Paul Bayer to Retire as EVP & Chief Investment Officer of National Retail Properties, Inc.

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Orlando, Florida, December 14, 2020 – National Retail Properties, Inc. (NYSE: NNN) today announced that Paul Bayer, Executive Vice President and Chief Investment Officer, will retire effective December 31, 2020. Mr. Bayer has been the Company’s Chief Investment Officer since June 2010 and Executive Vice President since January 2007. He joined the Company in September 1999. Mr. Bayer will continue to provide consulting services to the company for a period of one year after his retirement.

Dividend

COMMON DIVIDEND DECLARED BY NATIONAL RETAIL PROPERTIES, INC.

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Orlando, Florida, October 15, 2020 – The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share payable November 16, 2020 to common shareholders of record on October 30, 2020. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 31 or more consecutive years.

Other News

Steve Horn Named Chief Operating Officer Of National Retail Properties, Inc.

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Orlando, Florida, August 24, 2020 – The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, announced today that Stephen A. Horn, Jr. has been appointed Chief Operating Officer. He also retains the title Executive Vice President. Jay Whitehurst, President and Chief Executive Officer, commented: “Steve has been a vital contributor to the long-term success at National Retail Properties since joining the company seventeen years ago. He has a deep understanding of our business strategy and culture. As Chief Operating Officer, Steve will oversee our acquisitions, underwriting, asset management, dispositions, legal and human resources departments.

Dividend

31st Consecutive Annual Dividend Increase Announced by National Retail Properties, Inc.

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Orlando, Florida, July 15, 2020 – The Board of Directors of National Retail Properties, Inc. (NYSE: NNN), a real estate investment trust, declared a quarterly dividend of 52 cents per share payable August 14, 2020 to common shareholders of record on July 31, 2020. The increase in the quarterly dividend marks the 31st consecutive annual dividend increase. NNN is one of only three publicly traded REITs and 86 publicly traded companies in America to have increased annual dividends for 31 or more consecutive years.