Essential Properties Realty Trust enters $500M ATM equity offering, replaces prior program

ESSENTIAL PROPERTIES REALTY TRUST, INC.

New ATM sales agreement for up to $500M of common stock with 17 agents, dated June 17, 2024.
Prior ATM program terminated with $116.6M remaining unsold.
Proceeds will be contributed to Operating Partnership for general corporate purposes, including debt repayment and investments.
Shares may be sold through agents as 'at-the-market' offerings on NYSE or in negotiated transactions.
Company may enter forward sale agreements; no proceeds from borrowed shares sold by forward purchasers.

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