Global Net Lease settles proxy contest with Blackwells; Blackwells to support merger

On June 4, 2023, Global Net Lease, Inc. (“GNL”, or the “Company”) together with The Necessity Retail REIT, Inc. (“RTL” and, together with GNL, the “Companies”), Global Net Lease Advisors, LLC (“GNL Advisor”), Global Net Lease Properties, LLC (“GNL Property Manager”), Necessity Retail Advisors, LLC (“RTL Advisor”), Necessity Retail Properties, LLC (“RTL Property Manager”), AR Global Investments, LLC (“Advisor Parent” and, together with GNL Advisor, GNL Property Manager, RTL Advisor, and RTL Property Manager, the “Advisors” and, together with the Companies and any other entities managed or advised by the Advisor Parent or its Affiliates, the “Group Companies”) entered into a Cooperation Agreement and Release (the “Agreement”) with Blackwells Capital LLC (“Blackwells Capital”), Blackwells Onshore I LLC (“Blackwells Onshore”), Jason Aintabi (collectively with Blackwells Capital and Blackwells Onshore, the “Blackwells Parties”), Related Fund Management, LLC (“Related”), Jim Lozier, and Rich