Robust Investment Pipeline

EPRT’s investment pipeline remains robust. The company closed $388.6 million in new investments at a weighted average cash cap rate of 7.7 %, exceeding its guidance range. Guidance for 2026 has been raised: AFFO per share is now forecast at $2.00‑$2.05 (up from $1.99‑$2.04) and investment volume guidance to $1.1 billion‑$1.5 billion (up from $1.0 billion‑$1.4 billion). Pro forma net debt to annualized adjusted EBITDAre stands at 4.4x, and total available liquidity is $1.5 billion, underscoring a strong balance‑sheet position.