NNN REIT, Inc. Announces New $300 Million Term Loan

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NNN REIT, Inc. (NYSE: NNN) today announced the closing of a $300 million senior unsecured delayed draw term loan facility (the “Term Loan”). The Term Loan has a six-month delayed draw feature and an accordion option to increase the aggregate facility size to up to $500 million. The Term Loan matures on February 15, 2029, with two one-year extension options. No funds have been drawn on the Term Loan to date. Based on NNN’s current credit ratings, the applicable margin on the Term Loan is 0.85%. The Company expects to use future proceeds from the Term Loan for general corporate purposes.

Total Shareholder Return Comparison

	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	9. 9%	6.6%	8.7%	9.6%	12.3%	10.9%
Indices
* NAREIT Equity REIT Index (FNERTR)	7.0%	6.8%	8.4%	6.8%	9.2%	9.4%
* Morgan Stanley REIT Index (RMS G)	9.3%	6.6%	8.4%	6.7%	9.1%	9.3%
S&P 500 Index (SPX)	16.4%	15.3%	14.6%	11.0%	8.3%	10.5%
* S&P 400 Index (MID)	13.6%	10.8%	11.5%	9.5%	9.0%	11.0%

5 Years

10 Years

15 Years

20 Years

25 Years

30 Years

NNN REIT

9. 9%

6.6%

8.7%

9.6%

12.3%

10.9%

Indices

* NAREIT Equity REIT Index (FNERTR)

7.0%

6.8%

8.4%

6.8%

9.2%

9.4%

* Morgan Stanley REIT Index (RMS G)

9.3%

6.6%

8.4%

6.7%

9.1%

9.3%

S&P 500 Index (SPX)

16.4%

15.3%

14.6%

11.0%

8.3%

10.5%

* S&P 400 Index (MID)

13.6%

10.8%

11.5%

9.5%

9.0%

11.0%

For Periods Ending September 30, 2025. Total Return comprised of stock price appreciation plus dividends paid.

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

NNN REIT, Inc. Announces New $300 Million Term Loan

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Dividend Yield

Total Shareholder Return Comparison