NNN REIT enters ATM equity offering for up to 17.5M shares, terminates prior program

NNN REIT, INC.

Equity distribution agreement allows sale of up to 17,500,000 common shares at-the-market.
Company may also enter forward sale agreements with forward purchasers for borrowed shares.
Sales agents receive commissions up to 2.0% of gross sales price; similar rate for forward sales.
Prior ATM program from August 2020 terminated concurrently with this new agreement.
Shares will be issued under S-3ASR filed Aug 2, 2023, and prospectus supplement dated Aug 3, 2023.

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