National Retail Properties, Inc. Announces Convertibility Of Notes

Release Type

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5.5%

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	5.3%	11.5%	5.3%	9.5%	10.0%	12.4%	11.3%
Indices
* NAREIT Equity REIT Index (FNERTR)	9.2%	9.5%	5.7%	8.9%	7.6%	9.9%	9.7%
* Morgan Stanley REIT Index (RMS G)	10.2%	11.3%	5.3%	8.7%	7.5%	9.7%	9.5%
S&P 500 Index (SPX)	8.2%	18.6%	12.5%	13.1%	10.2%	7.4%	10.5%
* S&P 400 Index (MID)	-2.7%	16.9%	8.4%	10.8%	9.3%	8.8%	11.2%

For Periods Ending March 31, 2025. Total Return comprised of stock price appreciation plus dividends paid.

* NNN is a member of this index. Source: Bloomberg