Recent Updates — GNL-PE

Global Net Lease, Inc. completed its acquisition of Modiv Industrial, Inc. on August 12, 2026, pursuant to a merger agreement dated May 3, 2026. Under the transaction terms, each share of Modiv common stock converted into 1.975 shares of GNL common stock, while Modiv preferred shares were redeemed for $25.00 per share plus accrued dividends. GNL issued approximately 20,387,757 new common shares and paid roughly $42.3 million in cash consideration, funded by borrowings under its existing revolving credit facility. The acquisition adds a primarily industrial portfolio valued at an approximate 7.6% cash cap rate and is expected to be immediately 4% accretive to adjusted funds from operations per share on a leverage-neutral basis. GNL operates as a real estate investment trust focused on acquiring and managing global net lease assets.

Global Net Lease, Inc. announced that it will release its financial results for the second quarter ended June 30, 2026, on Wednesday, August 5, 2026, after the close of trading on the New York Stock Exchange. The company will host a conference call and audio webcast on Thursday, August 6, 2026, at 11:00 a.m. ET to discuss the results and business performance. Global Net Lease, Inc. is a real estate investment trust that acquires and manages a global portfolio of income-producing net lease assets.