Global Net Lease : Disposition Progress Update

SUCCESSFULLY EXECUTING DISPOSITION PLAN & USING THE SALE PROCEEDS TO REDUCE LEVERAGE

Disposition Name	Expected	# of	Disposition Price	Cash	Wtd. Avg. Lease
Closing	Properties	(in mm)(1)	Cap Rate(2)	Term Remaining(3)
Closed (As of 5/31/24):
Truist Properties (ST Retail)	Closed	20	$50.3	-	-
Decatur Commons (MT Retail)	Closed	1	$15.6	-	-
Shippensburg Marketplace (MT Retail)	Closed	1	$6.6	-	-
Total Occupied Assets	Closed	22	$72.6	6.7%	5.3 Years
Total Vacant Assets	Closed	18	$48.3	-	-
Total Closed (As of 5/31/24)		40	$120.9	6.7%	5.3 Years
Signed PSA:
Non-Refundable Deposit	Q2'24 - Q3'24	10	$186.5	7.8%	3.5 Years
In Due-Diligence	Q2'24 - Q3'24	4	$147.6	6.9%	4.2 Years
Total Occupied Assets	Q2'24 - Q3'24	14	$334.1	7.4%	3.7 Years
Non-Refundable Deposit	Q2'24 - Q4'24	9	$79.9	-	-
In Due-Diligence	Q2'24 - Q4'24	3	$3.9	-	-
Total Vacant Assets	Q2'24 - Q4'24	12	$83.8	-	-
Total Signed PSA		26	$417.9	7.4%	3.7 Years
Executed LOI:
Occupied / Vacant Assets	Q2'24 - Q3'24	3	$28.3	-	-
Total Executed LOI		3	$28.3	-	-
Total 2024 Dispositions To Date		69	$567.0	7.2%	4.4 Years

Note: Data as of May 31, 2024.

1. Assumed Signed PSAs and executed LOIs lead to definitive sales on their contemplated terms, which is not assured.
2. Calculated as NOI divided by disposition price.
3. Weighted average remaining lease term in years is based on square feet as as of date of sale.