First Quarter 2024 Earnings Call - Wednesday, May 1, 10:30 AM EDT

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Total Shareholder Return Comparison

1 Year 5 Years 10 Years 15 Years 20 Years 25 Years 30 Years
NNN REIT -6.8% 0.0% 5.8% 8.0% 9.6% 10.3% 10.2%
Indices
* NAREIT Equity REIT Index (FNERTR) -1.7% 2.8% 6.2% 6.1% 7.9% 8.6% 8.6%
* Morgan Stanley REIT Index (RMS G) 3.2% 2.8% 5.9% 5.9% 7.7% 8.5% N/A
   S&P 500 Index (SPX) 21.7% 9.9% 11.9% 11.3% 9.7% 7.9% 9.8%
* S&P 400 Index (MID) 15.5% 6.0% 8.9% 10.3% 9.9% 10.3% 10.8%

For Periods Ending September 30, 2023. Total Return comprised of stock price appreciation plus dividends paid.

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

NNN Reit