Investor Presentation July 2024 Lowes Katy TX Company Profile Ticker Symbol (NYSE) PINE Stock Price (as of 6/30/2024) $15.56 Equity Market Capitalization$231M Total Enterprise Value (TEV) $494M TEV Per Square Foot$129 Implied Cap Rate 8.5% Net Debt to TEV1 53% Annualized Dividend Yield 7.1% Common Shares & OP Units Outstanding3 14.9M Book Value Per Share $17.91 Value + Income High-Quality, 100% Retail Net Lease Portfolio Number of Net Lease Properties 137 Number of States with a Property 34 Total Portfoli ...