Net Lease Office Properties Declares Special Cash Distribution of $5.10 Per Share

Announces Sales of Six Office Properties for $76 Million

Net Lease Office Properties (NYSE: NLOP) reported today that its Board of Trustees declared a special cash distribution of $5.10 per common share, totaling approximately $75.6 million. The distribution is payable on January 20, 2026 to shareholders of record as of the close of business on January 2, 2026.

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The following properties were recently sold for gross proceeds totaling approximately $75.8 million.

Tenant Tenant Industry Location ABR Gross Square (at time Sale Feet of sale) Proceeds ($000s) ($000s)Securitas Electronic, Electronic Equipment Plymouth, MN $1,218 $5,654 182,250Security, Inc & InstrumentsJPMorgan Chase Bank, Diversified Banks Tampa, FL $1,934 $13,650 135,733N.A.Vacant (formerly Master N/A Oak Creek, WI $0 $2,576 120,883Lock Company, LLC)Cohesity Inc. Systems Software Roseville, MN $2,255 $14,625 136,125Pioneer Credit Diversified Support Moorestown, NJ $931 $6,250 65,567Recovery, Inc. ServicesJPMorgan Chase Bank, Diversified Banks Fort Worth, TX $4,850 $33,000 386,154N.A.Total $11,188 $75,755 1,026,712

For additional information on NLOP – including its latest quarterly report on Form 10-Q and related filings – please visit the company's website.

Net Lease Office Properties

Net Lease Office Properties (NYSE: NLOP) is a publicly traded real estate investment trust that owns a portfolio of high-quality, primarily single-tenant office properties located in the U.S. and net leased to corporate tenants operating across a variety of industries.

www.nloproperties.com

Institutional Investors:1-212-492-1140institutionalir@nloproperties.com

Individual Investors:1-844-NLO REIT (656-7348)ir@nloproperties.com

Press Contact:Anna McGrath1-212-492-1166

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SOURCE Net Lease Office Properties

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