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5.6%

Total Shareholder Return Comparison

	1 Year	5 Years	10 Years	15 Years	20 Years	25 Years	30 Years
NNN REIT	44.9%	2.0%	8.4%	10.9%	10.8%	13.0%	11.8%
Indices
* NAREIT Equity REIT Index (FNERTR)	34.6%	5.1%	8.0%	10.7%	8.3%	10.2%	9.9%
* Morgan Stanley REIT Index (RMS G)	34.2%	5.5%	7.8%	10.4%	8.1%	10.0%	N/A
S&P 500 Index (SPX)	36.1%	15.9%	13.4%	14.1%	10.7%	8.2%	10.8%
* S&P 400 Index (MID)	26.6%	11.7%	10.3%	12.3%	10.3%	10.3%	11.7%

For Periods Ending September 30, 2024. Total Return comprised of stock price appreciation plus dividends paid.

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