SUPPLEMENTAL OPERATING & FINANCIAL DATA Q2 2022 An S&P 500 company S&P 500 Dividend Aristocrats® index member Exhibit 99.2

Q2 2022 Supplemental Operating & Financial Data 2 Table of Contents Corporate Overview 3 Financial Summary Consolidated Statements of Income 4 Funds From Operations (FFO) and Normalized Funds From Operations (Normalized FFO) 5 Adjusted Funds From Operations (AFFO) 6 Consolidated Balance Sheets 7 Debt Summary 8 Senior Unsecured Notes and Bonds 9 Debt Maturities 10 Capitalization & Financial Ratios 11 Adjusted EBITDAre & Coverage Ratios 12 Debt Covenants 13 Transaction Summary Investment Summary 14 Disposition Summary 15 Development Pipeline 16 Real Estate Portfolio Summary Client Diversification 17 Top 10 Industries 18 Industry Diversification 19 Geographic Diversification 21 Property Type Composition 22 Same Store Rental Revenue 23 Leasing Data Occupancy 25 Leasing Activity 26 Lease Expirations 27 Earnings Guidance 28 Analyst Coverage 29 Glossary 30 This Supplemental Operating & Financial Data should be read in connection with the company's earnings press release for the three and six months ended June 30, 2022 (included as Exhibit 99.1 of the company's Current Report on Form 8-K, filed on August 3, 2022) as certain disclosures, definitions, and reconciliations in such announcement have not been included in this Supplemental Operating & Financial Data. Realty Income is not affiliated or associated with, is not endorsed by, does not endorse, and is not sponsored by or a sponsor of the clients or of their products or services pictured or mentioned. The names, logos, and all related product and service names, design marks, and slogans are the trademarks or service marks of their respective companies.

Q2 2022 Supplemental Operating & Financial Data 3 One Team Senior Management Neil M. Abraham, EVP, Chief Strategy Officer, Realty Income International - President Michelle Bushore, EVP, Chief Legal Officer, General Counsel and Secretary Mark E. Hagan, EVP, Chief Investment Officer Shannon Kehle, EVP, Chief People Officer Christie B. Kelly, EVP, Chief Financial Officer and Treasurer Sumit Roy, President & Chief Executive Officer Credit Ratings Senior Unsecured Outlook Commercial Paper Moody’s A3 Stable P-2 Standard & Poor’s A- Stable A-2 Dividend Information as of July 2022 ▪ Current annualized dividend of $2.970 per share ▪ Compound average annual dividend growth rate of approximately 4.4% ▪ 625 consecutive monthly dividends declared ▪ 99 consecutive quarterly dividend increases Corporate Headquarters Phoenix Office 11995 El Camino Real 2325 E. Camelback Rd, 9th Floor San Diego, CA 92130 Phoenix, AZ 85016 Phone: +1 (858) 284-5000 Phone: +1 (602) 778-6000 Website: www.realtyincome.com London Office 53 Davies St. London, United Kingdom W1K 5JH Phone: +44 (20) 3931 6858 Corporate Overview June 30, 2022 Closing price $ 68.26 Shares and units outstanding 618,624,981 Market value of common equity $ 42,227,341 Total market capitalization $ 58,051,730 Transfer Agent Computershare Phone: (877) 218-2434 Website: www.computershare.com (1) Total portfolio annualized contractual rent is a supplemental operating measure. Please see the Glossary for our definition and an explanation of how we utilize this metric. (2) Total portfolio annualized contractual rent includes 1.2% of rent from clients accounted for on a cash basis. Corporate Profile Realty Income, The Monthly Dividend Company®, is an S&P 500 company and member of the S&P 500 Dividend Aristocrats® index. We invest in people and places to deliver dependable monthly dividends that increase over time. For over 53 years, we have been acquiring and managing freestanding commercial real estate that generates rental revenue under long-term net lease agreements and supports our monthly dividend. Portfolio Overview At June 30, 2022, we owned a diversified portfolio of 11,427 properties located in all 50 U.S. states, Puerto Rico, the U.K. and Spain, with approximately 218.5 million square feet of leasable space. Our properties are leased to 1,125 different clients doing business in 72 industries. Approximately 84.0% of our total portfolio annualized contractual rent(1) was generated from retail properties, 14.3% from industrial properties, and the remaining 1.7% from other property types. Our physical occupancy as of June 30, 2022 was 98.9%, with a weighted average remaining lease term of approximately 8.8 years. Total portfolio annualized contractual rent on our leases as of June 30, 2022 was $3.06 billion(2). Common Stock Our common stock is traded on the New York Stock Exchange under the symbol "O“ (in thousands, except share, unit and per share amounts).

Q2 2022 Supplemental Operating & Financial Data 4 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 REVENUE Rental (including reimbursable) (1) $ 800,800 $ 460,256 $ 1,600,365 $ 899,621 Other (2) 9,619 3,042 17,397 5,931 Total revenue 810,419 463,298 1,617,762 905,552 EXPENSES Depreciation and amortization 409,437 187,789 813,199 365,774 Interest 110,121 73,674 216,524 146,749 Property (including reimbursable) 52,180 31,734 104,522 60,233 General and administrative 34,139 21,849 66,838 42,645 Provisions for impairment 7,691 17,246 14,729 19,966 Merger and integration-related costs 2,729 13,298 9,248 13,298 Total expenses 616,297 345,590 1,225,060 648,665 Gain on sales of real estate 40,572 14,901 50,728 23,302 Foreign currency and derivative gain, net 7,480 400 6,890 1,204 Gain (loss) on extinguishment of debt 127 — 127 (46,473) Equity in income and impairment of investment in unconsolidated entities (6,627) — (5,673) — Other income, net (2) 2,806 984 4,658 1,534 Income before income taxes 238,480 133,993 449,432 236,454 Income taxes (14,658) (9,225) (25,639) (15,450) Net income 223,822 124,768 423,793 221,004 Net income attributable to noncontrolling interests (615) (289) (1,217) (585) Net income available to common stockholders $ 223,207 $ 124,479 $ 422,576 $ 220,419 Net income available to common stockholders per common share, basic and diluted $ 0.37 $ 0.33 $ 0.71 $ 0.59 (1) Includes rental revenue (reimbursable) of $41.0 million and $23.5 million for the three months ended June 30, 2022 and June 30, 2021, respectively, and $85.0 million and $45.2 million for the six months ended June 30, 2022 and June 30, 2021. Unless otherwise specified, references to rental revenue in this document are exclusive of reimbursements from clients for recoverable real estate taxes and operating expenses. (2) Certain miscellaneous non-recurring revenue has been reclassified from total revenue to 'Other income, net' for the three and six months ended June 30, 2021. Consolidated Statements of Income (in thousands, except per share amounts) (unaudited)

Q2 2022 Supplemental Operating & Financial Data 5 FFO and Normalized FFO (1) (in thousands, except per share and share count data) The following is a reconciliation of net income available to common stockholders (which we believe is the most comparable GAAP measure) to FFO and Normalized FFO. Also presented is information regarding distributions paid to common stockholders and the weighted average number of common shares used for the basic and diluted FFO and Normalized FFO per share computations. Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Net income available to common stockholders $ 223,207 $ 124,479 $ 422,576 $ 220,419 Depreciation and amortization 409,437 187,789 813,199 365,774 Depreciation of furniture, fixtures and equipment (489) (73) (967) (444) Provisions for impairment 7,691 17,246 14,729 19,966 Gain on sales of real estate (40,572) (14,901) (50,728) (23,302) Proportionate share of adjustments for unconsolidated entities 9,860 — 12,095 — FFO adjustments allocable to noncontrolling interests (319) (165) (673) (331) FFO available to common stockholders $ 608,815 $ 314,375 $ 1,210,231 $ 582,082 FFO allocable to dilutive noncontrolling interests 776 348 1,584 705 Diluted FFO $ 609,591 $ 314,723 $ 1,211,815 $ 582,787 FFO available to common stockholders $ 608,815 $ 314,375 $ 1,210,231 $ 582,082 Merger and integration-related costs 2,729 13,298 9,248 13,298 Normalized FFO available to common stockholders $ 611,544 $ 327,673 $ 1,219,479 $ 595,380 Normalized FFO allocable to dilutive noncontrolling interests 776 348 1,584 705 Diluted Normalized FFO $ 612,320 $ 328,021 $ 1,221,063 $ 596,085 FFO per common share, basic and diluted $ 1.01 $ 0.84 $ 2.02 $ 1.56 Normalized FFO per common share, basic and diluted $ 1.02 $ 0.88 $ 2.04 $ 1.60 Distributions paid to common stockholders $ 445,829 $ 263,358 $ 884,109 $ 524,056 FFO available to common stockholders in excess of distributions paid to common stockholders $ 162,986 $ 51,017 $ 326,122 $ 58,026 Normalized FFO available to common stockholders in excess of distributions paid to common stockholders $ 165,715 $ 64,315 $ 335,370 $ 71,324 Weighted average number of common shares used for FFO and normalized FFO: Basic 601,672,201 374,236,424 597,778,173 372,879,165 Diluted 603,091,375 374,804,142 599,201,411 373,434,863 (1) FFO and Normalized FFO are non-GAAP financial measures. Please see the Glossary for our definitions of these terms and an explanation of how we utilize these metrics.

Q2 2022 Supplemental Operating & Financial Data 6 The following is a reconciliation of net income available to common stockholders (which we believe is the most comparable GAAP measure) to Normalized FFO and AFFO. Also presented is information regarding distributions paid to common stockholders and the weighted average number of common shares used for the basic and diluted AFFO per share computations. Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 Net income available to common stockholders $ 223,207 $ 124,479 $ 422,576 $ 220,419 Cumulative adjustments to calculate Normalized FFO (2) 388,337 203,194 796,903 374,961 Normalized FFO available to common stockholders 611,544 327,673 1,219,479 595,380 (Gain) loss on extinguishment of debt (127) — (127) 46,473 Amortization of share-based compensation 6,641 4,472 11,643 8,169 Amortization of net debt premiums and deferred financing costs (16,948) 1,505 (34,044) 2,890 Loss on interest rate swaps 724 724 1,446 1,446 Straight-line payments from cross-currency swaps 367 584 884 1,202 Leasing costs and commissions (794) (121) (3,167) (827) Recurring capital expenditures (173) (27) (186) (50) Straight-line rent and expenses (27,554) (11,004) (55,376) (21,467) Amortization of above and below-market leases, net 16,402 3,934 30,044 13,234 Proportionate share of adjustments for unconsolidated entities (2,090) — (4,154) — Other adjustments(3) (4,264) (93) (2,616) (581) AFFO available to common stockholders $ 583,728 $ 327,647 $ 1,163,826 $ 645,869 AFFO allocable to dilutive noncontrolling interests 787 344 1,607 695 Diluted AFFO $ 584,515 $ 327,991 $ 1,165,433 $ 646,564 AFFO per common share: Basic $ 0.97 $ 0.88 $ 1.95 $ 1.73 Diluted $ 0.97 $ 0.88 $ 1.94 $ 1.73 Distributions paid to common stockholders $ 445,829 $ 263,358 $ 884,109 $ 524,056 AFFO available to common stockholders in excess of distributions paid to common stockholders $ 137,899 $ 64,289 $ 279,717 $ 121,813 Weighted average number of common shares used for AFFO: Basic 601,672,201 374,236,424 597,778,173 372,879,165 Diluted 603,091,375 374,804,142 599,201,411 373,434,863 (1) AFFO is a non-GAAP financial measure. Please see the Glossary for our definition and an explanation of how we utilize this metric. (2) See reconciling items for Normalized FFO presented under "FFO and Normalized FFO." (3) Includes adjustments allocable to noncontrolling interests, obligations related to financing lease liabilities, mark-to-market adjustments on investments and derivatives that do not qualify for hedge accounting, and foreign currency gain and loss as a result of intercompany debt and remeasurement transactions. AFFO (1) (in thousands, except per share and share count data)

Q2 2022 Supplemental Operating & Financial Data 7 Consolidated Balance Sheets (in thousands, except per share and share count data) (unaudited) June 30, 2022 December 31, 2021 ASSETS Real estate held for investment, at cost: Land $ 11,605,933 $ 10,753,750 Buildings and improvements 26,101,185 25,155,178 Total real estate held for investment, at cost 37,707,118 35,908,928 Less accumulated depreciation and amortization (4,387,878) (3,949,798) Real estate held for investment, net 33,319,240 31,959,130 Real estate and lease intangibles held for sale, net 66,336 30,470 Cash and cash equivalents 172,849 258,579 Accounts receivable, net 500,384 426,768 Lease intangible assets, net 5,154,994 5,275,304 Goodwill 3,731,478 3,676,705 Investment in unconsolidated entities 113,562 140,967 Other assets, net 1,893,075 1,369,579 Total assets $ 44,951,918 $ 43,137,502 LIABILITIES AND EQUITY Distributions payable $ 153,966 $ 146,919 Accounts payable and accrued expenses 353,573 351,128 Lease intangible liabilities, net 1,346,648 1,308,221 Other liabilities 740,357 759,197 Line of credit payable and commercial paper 1,169,121 1,551,376 Term loan, net 249,656 249,557 Mortgages payable, net 947,112 1,141,995 Notes payable, net 13,588,606 12,499,709 Total liabilities 18,549,039 18,008,102 Stockholders’ equity: Common stock and paid in capital, par value $0.01 per share, 1,300,000,000 and 740,200,000 shares authorized, 617,564,272 and 591,261,991 shares issued and outstanding as of June 30, 2022 and December 31, 2021, respectively 31,303,383 29,578,212 Distributions in excess of net income (4,999,150) (4,530,571) Accumulated other comprehensive income 22,379 4,933 Total stockholders’ equity 26,326,612 25,052,574 Noncontrolling interests 76,267 76,826 Total equity 26,402,879 25,129,400 Total liabilities and equity $ 44,951,918 $ 43,137,502

Q2 2022 Supplemental Operating & Financial Data 8 Debt Summary as of June 30, 2022 (dollars in thousands) Maturity Dates Carrying Value (USD) % of Debt Interest Rate Weighted Average Years Until Maturity Credit Facility and Commercial Paper (1) Credit Facility June 26, 2026 $ 219,121 1.4 % 2.18 % 4.0 years Commercial Paper Various (2) 950,000 6.0 % 1.83 % 0.1 years Carrying value 1,169,121 7.4 % 1.89 % (3) 1.2 years Unsecured Term Loan Term Loan (4) March 24, 2024 250,000 1.6 % 3.73 % 1.7 years Deferred financing costs (344) Carrying value 249,656 Senior Unsecured Notes and Bonds (5) 28 series of senior unsecured notes and bonds February 2024 - March 2047 13,390,319 85.1 % 3.24 % (3) 7.6 years Unamortized net premiums and deferred financing costs 198,287 Carrying value 13,588,606 Mortgages Payable 23 mortgages on 158 properties September 2022 - August 2030 928,943 (6) 5.9 % 4.76 % (3) 1.8 years Unamortized net premiums and deferred financing costs 18,169 Carrying value 947,112 Total Consolidated Debt Principal $ 15,738,383 (7) 100.0 % 3.24 % (3) 6.6 years Proportionate share of debt principal from unconsolidated entities $ 86,006 Total Debt Principal $ 15,824,389 (7) Fixed Rate $ 14,569,262 93.0 % Variable Rate $ 1,169,121 7.0 % (1) We have a $4.25 billion unsecured revolving credit facility (excluding an accordion feature subject to lender commitments which provided for an additional $1.0 billion in borrowings) bearing interest at different benchmark rates based on the currency of the borrowings, with a maturity date in June 2026. We also have a unsecured commercial paper program which provides for borrowings of up to a maximum aggregate amount outstanding of $1.0 billion. During July 2022, our U.S. Dollar-denominated unsecured commercial paper program was amended to increase the maximum aggregate amount of outstanding notes from $1.0 billion to $1.5 billion and we established a new Euro-denominated unsecured commercial paper program, which permits us to issue additional unsecured commercial notes up to a maximum aggregate amount of $1.5 billion (or foreign currency equivalent) in U.S. dollars or other foreign currencies. (2) As of June 30, 2022, we had $950.0 million in commercial paper borrowings which have matured and will mature between July 2022 and January 2023. (3) The totals are calculated as the weighted average interest rate as of June 30, 2022 for each respective category. (4) In connection with entering into our new unsecured credit facility in April 2022, the previous LIBOR benchmark rate was replaced with daily SOFR. As of June 30, 2022, the associated interest rate swap was also converted to SOFR, effectively fixing the interest rate at 3.73% (5) See page 9 for detail by issuance for senior unsecured notes and bonds. (6) Includes the principal balance (in U.S. dollars) of the Sterling-denominated mortgage payable of £33.4 million converted at the applicable exchange rate on June 30, 2022. (7) Total consolidated debt excludes non-cash unamortized net premiums recorded on the senior unsecured notes and bonds, non-cash unamortized net premiums recorded on the mortgages payable, and deferred financing costs on the term loan, notes and bonds, and mortgages payable. Total Debt Principal additionally excludes premiums and deferred financing costs on the proportionate share of unconsolidated entities.

Q2 2022 Supplemental Operating & Financial Data 9 Senior Unsecured Notes and Bonds (1) (dollars in thousands) Maturity Dates Principal Amount (Currency Denomination) Principal Balance (USD) as of June 30, 2022 % of Debt Interest Rate 4.600% Notes due 2024 (1) February 6, 2024 $ 499,999 $ 499,999 3.2 % 4.60 % 3.875% Notes due 2024 July 15, 2024 $ 350,000 350,000 2.2 % 3.88 % 3.875% Notes due 2025 April 15, 2025 $ 500,000 500,000 3.2 % 3.88 % 4.625% Notes due 2025 (1) November 1, 2025 $ 549,997 549,997 3.5 % 4.63 % 0.750% Notes due 2026 March 15, 2026 $ 325,000 325,000 2.1 % 0.75 % 4.875% Notes due 2026 (1) June 1, 2026 $ 599,997 599,997 3.8 % 4.88 % 4.125% Notes due 2026 October 15, 2026 $ 650,000 650,000 4.1 % 4.13 % 1.875% Notes due 2027 January 14, 2027 £ 250,000 303,775 1.9 % 1.88 % 3.000% Notes due 2027 January 15, 2027 $ 600,000 600,000 3.8 % 3.00 % 1.125% Notes due 2027 July 13, 2027 £ 400,000 486,040 3.1 % 1.13 % 3.950% Notes due 2027 (1) August 15, 2027 $ 599,873 599,873 3.8 % 3.95 % 3.650% Notes due 2028 January 15, 2028 $ 550,000 550,000 3.5 % 3.65 % 3.400% Notes due 2028 (1) January 15, 2028 $ 599,816 599,816 3.8 % 3.40 % 2.200% Notes due 2028 (1) June 15, 2028 $ 499,959 499,959 3.2 % 2.20 % 3.250% Notes due 2029 June 15, 2029 $ 500,000 500,000 3.2 % 3.25 % 3.100% Notes due 2029 (1) December 15, 2029 $ 599,291 599,291 3.8 % 3.10 % 3.160% Notes Due 2030 June 30, 2030 £ 140,000 170,114 1.1 % 3.16 % 1.625% Notes due 2030 December 15, 2030 £ 400,000 486,040 3.1 % 1.63 % 3.250% Notes due 2031 January 15, 2031 $ 950,000 950,000 6.0 % 3.25 % 3.180% Notes due 2032 June 30, 2032 £ 345,000 419,210 2.7 % 3.18 % 2.850% Notes due 2032 (1) December 15, 2032 $ 699,655 699,655 4.5 % 2.85 % 1.800% Notes due 2033 March 15, 2033 $ 400,000 400,000 2.5 % 1.80 % 1.750% Notes due 2033 July 13, 2033 £ 350,000 425,285 2.7 % 1.75 % 2.730% Notes due 2034 May 20, 2034 £ 315,000 382,756 2.4 % 2.73 % 5.875% Bonds due 2035 March 15, 2035 $ 250,000 250,000 1.6 % 5.88 % 3.390% Notes due 2037 June 30, 2037 £ 115,000 139,737 0.9 % 3.39 % 2.500% Notes due 2042 January 14, 2042 £ 250,000 303,775 1.9 % 2.50 % 4.650% Notes due 2047 March 15, 2047 $ 550,000 550,000 3.5 % 4.65 % Principal amount (2) $ 13,390,319 85.1 % 3.24 % (1) In connection with our merger with VEREIT, Inc. (VEREIT), we completed our debt exchange offer to exchange all outstanding notes issued by VEREIT's operating partnership, VEREIT Operating Partnership, L.P. (" VEREIT OP") on November 9, 2021 for new notes issued by Realty Income, pursuant to which approximately 99.2% of the outstanding notes issued by VEREIT OP were exchanged for a like aggregate principal amount of the notes issued by Realty Income. Prior to the completion of our merger with VEREIT on November 1, 2021, these notes were not the obligation of Realty Income. Principal Balance (USD) as of June 30, 2022 includes the portion of the VEREIT OP notes that remained outstanding, totaling $39.1 million in the aggregate, that were not exchanged in the exchange offers commenced by us with respect to the outstanding bonds of VEREIT OP in connection with the consummation of the merger with VEREIT. (2) Excludes non-cash unamortized net premiums recorded and deferred financing costs.

Q2 2022 Supplemental Operating & Financial Data 10 Debt Maturities(1) as of June 30, 2022 (dollars in millions) Year of Maturity Credit Facility and Commercial Paper (2) Term Loan Mortgages Payable Senior Unsecured Notes and Bonds Total Weighted Average Expiring Interest Rate (3) 2022 $ 930.0 $ — $ 45.5 $ — $ 975.5 4.33 % 2023 20.0 — 62.8 — 82.8 4.45 % 2024 — 250.0 740.5 850.0 1,840.5 4.46 % 2025 — — 42.3 1,050.0 1,092.3 4.23 % 2026 219.1 — 11.9 1,575.0 1,806.0 3.72 % Thereafter — — 26.0 9,915.3 9,941.3 2.97 % Totals $ 1,169.1 $ 250.0 $ 929.0 $ 13,390.3 $ 15,738.4 (1) Excludes our proportionate share of debt from our unconsolidated entities. (2) Commercial paper borrowings outstanding at June 30, 2022 were $950.0 million, which have matured and will mature between July 2022 and January 2023, while borrowings under the credit facility at June 30, 2022 are assumed to be repaid at the expiration in June 2026. During July 2022, our U.S. Dollar-denominated unsecured commercial paper program was amended to increase the maximum aggregate amount of outstanding notes from $1.0 billion to $1.5 billion and we established a new Euro-denominated unsecured commercial paper program, which permits us to issue additional unsecured commercial notes up to a maximum aggregate amount of $1.5 billion (or foreign currency equivalent) in U.S. dollars or other foreign currencies. (3) The weighted average interest rates for 2022 and 2023 excludes commercial paper and for 2026 excludes the credit facility.

Q2 2022 Supplemental Operating & Financial Data 11 Capitalization & Financial Ratios (dollars in thousands, except as otherwise noted) Cash on Hand $ 172,849 Availability under Credit Facility (4) 4,030,879 Less: Commercial Paper Borrowings (950,000) $ 3,253,728 (3) Liquidity calculation excludes borrowings under the $1.0 billion commercial paper program as of June 30, 2022. During July 2022, our U.S. Dollar-denominated unsecured commercial paper program was amended to increase the maximum aggregate amount of outstanding notes from $1.0 billion to $1.5 billion and we established a new Euro-denominated unsecured commercial paper program, which permits us to issue additional unsecured commercial notes up to a maximum aggregate amount of $1.5 billion (or foreign currency equivalent) in U.S. dollars or other foreign currencies. We use our unsecured revolving credit facility as a liquidity backstop for the repayment of the notes issued under these programs. (4) Excludes $16 of outstanding letters of credit. Principal Debt Balance Credit Facility and Commercial Paper $ 1,169,121 Unsecured Term Loan 250,000 Senior Unsecured Notes and Bonds 13,390,319 Mortgages Payable 928,943 Proportionate Share of Amounts for Unconsolidated Entities 86,006 Total Debt $ 15,824,389 Equity Shares/Units Stock Price Market Value Common Stock (NYSE: "O") 617,564,272 $ 68.26 $ 42,154,937 Common Units (1) 1,060,709 $ 68.26 $ 72,404 $ 42,227,341 Total Market Capitalization (2) $ 58,051,730 Debt/Total Market Capitalization (2) 27.3 % (1) Consists of common units issued by Realty Income Limited Partnership and held by third parties. (2) Our enterprise value was $57,878,881 (total market capitalization less cash and cash equivalents as of June 30, 2022 ). The percentage for debt to enterprise value is materially consistent with that presented for total market capitalization. Dividend Data YTD 2022 YTD 2021 Year-over-Year Growth Rate Common Dividend Paid per Share $ 1.4805 $ 1.4085 5.1 % AFFO per Share (diluted) $ 1.94 $ 1.73 12.1 % AFFO Payout Ratio 76.3 % 81.4 % Liquidity as of June 30, 2022 (3) Capitalization as of June 30, 2022 Capital Structure as of June 30, 2022 Common Stock 72.7% Debt 27.3%

Q2 2022 Supplemental Operating & Financial Data 12 Adjusted EBITDAre & Coverage Ratios (dollars in thousands) Reconciliation of Net Income to Adjusted EBITDAre (1) Three Months Ended June 30, 2022 Net income $ 223,822 Interest 110,121 Gain on extinguishment of debt (127) Income taxes 14,658 Depreciation and amortization 409,437 Provisions for impairment 7,691 Merger and integration-related costs 2,729 Gain on sales of real estate (40,572) Foreign currency and derivative gain, net (7,480) Gain on settlement of foreign currency forwards 2,106 Proportionate share of adjustments for unconsolidated entities 9,049 Quarterly Adjusted EBITDAre $ 731,434 Annualized Adjusted EBITDAre $ 2,925,736 Annualized Pro Forma Adjustment(2) $ 55,756 Annualized Pro Forma Adjusted EBITDAre(3) $ 2,981,492 Total debt per the consolidated balance sheet, excluding deferred financing costs and net premiums and discounts $ 15,738,383 Proportionate share for unconsolidated entities debt, excluding deferred financing costs 86,006 Less: Cash and cash equivalents (172,849) Net Debt $ 15,651,540 Net Debt/Annualized Adjusted EBITDAre(4) 5.3x Net Debt/Annualized Pro Forma Adjusted EBITDAre (4) 5.2x (1) Adjusted EBITDAre, Annualized Adjusted EBITDAre and Pro Forma Adjusted EBITDAre are non-GAAP financial measures. Please see the Glossary for our definitions of these terms and an explanation of how we utilize these metrics. (2) The Annualized Pro Forma Adjustments, which includes transaction accounting adjustments in accordance with U.S GAAP, consists of adjustments to incorporate Adjusted EBITDAre from properties we acquired or stabilized during the applicable quarter and removes Adjusted EBITDAre from properties we disposed of during the applicable quarter, giving pro forma effect to all transactions as if they occurred at the beginning of the applicable period. Our calculation includes all adjustments consistent with the requirements to present Adjusted EBITDAre on a pro forma basis in accordance with Article 11 of Regulation S-X. The annualized Pro Forma Adjustments are consistent with the debt service coverage ratio calculated under financial covenants for our senior unsecured notes. The Annualized Pro Forma Adjustments consist of $56.1 million from properties we acquired or stabilized during the quarter and removes $0.3 million from properties we disposed of during the quarter. (3) Annualized Pro Forma Adjusted EBITDAre is a non-GAAP financial measure. Please see the Glossary for our definition and an explanation of how we utilize this metric. (4) Net Debt/Annualized Adjusted EBITDAre and Net Debt/Annualized Pro Forma Adjusted EBITDAre are supplemental operating measures. Please see the Glossary for our definitions of these metrics. Debt Service & Fixed Charge Coverage 6.0 6.1 5.6 5.6 5.5 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0

Q2 2022 Supplemental Operating & Financial Data 13 Debt Covenants The following is a summary of the key financial covenants for our senior unsecured notes and bonds, as defined and calculated per their terms. These calculations, which are not based on U.S. GAAP measurements, are presented to investors to show our ability to incur additional debt under the terms of our senior unsecured notes and bonds as well as to disclose our current compliance with such covenants, and are not measures of our liquidity or performance. Required Actuals Limitation on incurrence of total debt ≤ 60% of adjusted undepreciated assets 40.1 % Limitation on incurrence of secured debt ≤ 40% of adjusted undepreciated assets 2.5 % Debt service and fixed charge coverage (trailing 12 months) (1) ≥ 1.5x 5.5x Maintenance of total unencumbered assets ≥ 150% of unsecured debt 258.2 % (1) Our debt service coverage ratio is calculated on a pro forma basis for the preceding four-quarter period on the assumptions that: (i) the incurrence of any Debt (as defined in the covenants) incurred by us since the first day of such four-quarter period and the application of the proceeds therefrom (including to refinance other Debt since the first day of such four-quarter period), (ii) the repayment or retirement of any of our Debt since the first day of such four-quarter period, and (iii) any acquisition or disposition by us of any asset or group since the first day of such four quarters had in each case occurred on July 1, 2021, and subject to certain additional adjustments. Such pro forma ratio has been prepared on the basis required by that debt service covenant, reflects various estimates and assumptions and is subject to other uncertainties, and therefore does not purport to reflect what our actual debt service coverage ratio would have been had transactions referred to in clauses (i), (ii) and (iii) of the preceding sentence occurred as of July 1, 2021, nor does it purport to reflect our debt service coverage ratio for any future period. As of June 30, 2022

Q2 2022 Supplemental Operating & Financial Data 14 Investment Summary Number of Properties Investment ($ in millions) Cash Rents ($ in millions) Leasable Square Feet (in thousands) Initial Weighted Average Cash Lease Yield (1) Weighted Average Lease Term (Years) Q1 2022 Acquisitions - U.S. 139 $ 629.8 $ 36.0 2,627 5.7% 15.0 Acquisitions - Europe 21 794.2 40.0 2,772 5.5% 8.9 Total acquisitions 160 1,424.0 76.0 5,399 5.6% 11.8 Properties under development (2) (3) 53 131.3 7.4 1,868 5.7% 17.3 Total real estate investments 213 $ 1,555.3 $ 83.4 7,267 5.6% 12.3 Approximately 26% of the annualized revenue generated by these investments is from our investment grade clients (4) Q2 2022 Acquisitions - U.S. 150 $ 862.2 $ 49.1 2,924 5.7% 13.0 Acquisitions - Europe 30 677.0 37.0 2,619 5.8% 9.0 Total acquisitions 180 $ 1,539.2 $ 86.1 5,543 5.7% 11.3 Properties under development(3) 57 136.6 7.6 2,471 5.6% 14.4 Total real estate investments 237 $ 1,675.8 $ 93.7 8,014 5.7% 11.5 Approximately 39% of the annualized revenue generated by these investments is from our investment grade clients (4) YTD 2022 Acquisitions - U.S. 289 $ 1,492.0 $ 85.1 5,551 5.7% 13.9 Acquisitions - Europe 51 1,471.2 77.0 5,391 5.6% 9.0 Total acquisitions 340 $ 2,963.2 $ 162.1 10,942 5.7% 11.5 Properties under development (3) 83 267.9 15.0 2,721 5.7% 15.9 Total real estate investments 423 $ 3,231.1 $ 177.1 13,663 5.7% 11.9 Approximately 33% of the annualized revenue generated by these investments is from our investment grade clients (4) (1) Initial weighted average cash lease yield is a supplemental operating measure. Please see the Glossary for our definition of this metric. Contractual net operating income used in the calculation of initial weighted average cash lease yield for the three and six months ended June 30, 2022 includes approximately $2.5 million and $6.8 million, respectively, received as settlement credits as reimbursement of free rent periods. (2) Includes investments during the period in new development and development of existing properties. Cash rents noted reflect total cash rents to be received on this investment amount upon completion of the properties under development. (3) The three and six months ended June 30, 2022 include £13.2 million and £14.9 million, respectively, of investments in U.K. development properties, converted at the applicable exchange rates on the funding dates. (4) Please see the Glossary for our definition of investment grade clients.

Q2 2022 Supplemental Operating & Financial Data 15 Disposition Summary (dollars in thousands) Number of Properties Net Book Value Net Sales Proceeds Net Cash Capitalization Rate (1) Q1 2022 Occupied 3 $ 2,844 $ 3,132 8.9% Vacant 31 109,183 119,051 — Total real estate dispositions 34 $ 112,027 $ 122,183 The unlevered internal rate of return on properties sold during the first quarter was 9.7% (2) Q2 2022 Occupied 6 $ 34,569 $ 65,916 5.7% Vacant 64 74,877 84,118 — Total real estate dispositions 70 $ 109,446 $ 150,034 The unlevered internal rate of return on properties sold during the second quarter was 9.3%(2) YTD 2022 Occupied 9 $ 37,413 $ 69,048 5.8% Vacant 95 184,060 203,169 — Total real estate dispositions 104 $ 221,473 $ 272,217 The unlevered internal rate of return on properties sold during the first six months was 9.4% (2) (1) Net cash capitalization rate is a supplemental operating measure. Please see the Glossary for our definition of this metric. (2) Excludes properties disposed from the legacy VEREIT portfolio.

Q2 2022 Supplemental Operating & Financial Data 16 Development Pipeline (dollars in thousands) Retail Number of Properties Investment to Date Estimated Remaining Investment Total Commitment Percent Funded Percent Leased (1) New development (2) 177 $ 84,215 $ 495,170 $ 579,386 (3) 15 % 100 % Development of existing properties 6 8,641 2,445 11,086 78 % 94 % 183 $ 92,856 $ 497,615 $ 590,472 16 % Non-Retail Number of Properties Investment to Date Estimated Remaining Investment Total Commitment Percent Funded Percent Leased (1) New development (2) 4 $ 52,088 $ 180,973 $ 233,061 22 % 100 % Development of existing properties — — — — — % — % 4 $ 52,088 $ 180,973 $ 233,061 22 % Total Number of Properties Investment to Date Estimated Remaining Investment Total Commitment Percent Funded Percent Leased (1) New development (2) 181 $ 136,303 $ 676,143 $ 812,447 (3) 17 % 100 % Development of existing properties 6 8,641 2,445 11,086 78 % 94 % 187 $ 144,944 $ 678,588 $ 823,533 18 % (1) Estimated rental revenue commencement dates on properties under development are between July 2022 and June 2023. (2) Includes build-to-suit developments and forward take-out commitments on development properties with leases in place. (3) Includes three forward take-out commitments for U.K. development properties for £18.4 million and two new build-to-suit development for a U.K. development property for £34.8 million. As of June 30, 2022

Q2 2022 Supplemental Operating & Financial Data 17 Our Top 20 Clients Our 20 largest clients based on percentage of total portfolio annualized contractual rent, which does not give effect to deferred rent at June 30, 2022, include the following: Our Investment Grade Clients (3) Number of Leases 5,561 Percentage of Total Portfolio Annualized Contractual Rent 43.2% Weighted Average EBITDAR/Rent Ratio on Retail Properties 2.7x (1) Median EBITDAR/Rent Ratio on Retail Properties 2.7x (1) (1) Based on an analysis of the most recently provided information from all retail clients that provide such information. We do not independently verify the information we receive from our retail clients. Client Diversification Ranking Client Number of Leases Percentage of Total Portfolio Annualized Contractual Rent Investment Grade Ratings (S&P/Moody's/Fitch) 1 Walgreens 340 4.0% BBB/Baa2/- 2 Dollar General 1,307 3.9 BBB/Baa2/- 3 7-Eleven 632 3.9 A/Baa2/- 4 Dollar Tree / Family Dollar 1,037 3.5 BBB/Baa2/- 5 FedEx 81 2.9 BBB/Baa2/- 6 LA Fitness 79 2.4 — 7 Sainsbury's 27 2.1 — 8 BJ's Wholesale Clubs 32 1.9 — 9 B&Q (Kingfisher) 34 1.8 BBB/Baa2/BBB 10 CVS Pharmacy 183 1.7 BBB/Baa2/- 11 Wal-Mart / Sam's Club 65 1.7 AA/Aa2/AA 12 AMC Theatres 35 1.6 — 13 Red Lobster 201 1.5 — 14 Regal Cinemas (Cineworld) 41 1.5 — 15 Tractor Supply 163 1.4 BBB/Baa1/- 16 Tesco 16 1.4 BBB-/Baa3/BBB- 17 Lifetime Fitness 16 1.3 — 18 Home Depot 29 1.2 A/A2/A 19 Kroger 31 1.1 BBB/Baa1/- 20 Fas Mart (GPM Investments) 260 1.0 — Total 4,609 41.8% (3) Please see the Glossary for our definition of investment grade clients. 34.9% 49.0% 8.3% 7.8% Investment Grade, Retail Non-Investment Grade or Non-Rated, Retail Investment Grade, Non-Retail Non-Investment Grade or Non-Rated, Non-Retail

Q2 2022 Supplemental Operating & Financial Data 18 (1)Top 10 Industries Percentage of Total Portfolio Annualized Contractual Rent As of Jun 30, Dec 31, Dec 31, Dec 31, Dec 31, 2022 2021 2020 2019 2018 Grocery stores 10.5% 10.2% 9.8% 7.9% 5.0% Convenience stores 9.2 9.1 11.9 12.3 12.6 Dollar stores 7.4 7.5 7.6 7.9 7.3 Restaurants - quick service (2) 6.4 6.6 5.3 5.8 6.3 Drug stores(2) 6.3 6.6 8.2 8.8 9.4 Restaurants - casual dining 5.7 5.9 2.8 3.2 3.3 Home improvement 5.2 5.1 4.3 2.9 2.8 Health and fitness 4.5 4.7 6.7 7.0 7.1 General merchandise(2) 3.8 3.7 3.4 2.5 2.1 Automotive service 3.5 3.2 2.7 2.6 2.2 (1) The presentation of Top 10 Industries combines total portfolio contractual rent from the U.S. and Europe. Europe consists of properties in the U.K., starting in May 2019, and in Spain, starting in September 2021. (2) Include both U.S. and Europe percentages for which the Europe percentages are included in the 'Europe - other' classification in the Industry Diversification table beginning on page 19.

Q2 2022 Supplemental Operating & Financial Data 19 Percentage of Total Portfolio Annualized Contractual Rent As of Jun 30, Dec 31, Dec 31, Dec 31, Dec 31, 2022 2021 2020 2019 2018 United States Aerospace 0.4% 0.4% 0.6% 0.8% 0.9% Apparel stores 1.5 1.5 1.3 1.1 1.2 Automotive collision services 1.0 1.0 1.1 1.0 0.9 Automotive parts 1.4 1.5 1.6 1.6 1.7 Automotive service 3.5 3.2 2.7 2.6 2.3 Automotive tire services 1.6 1.8 2.0 2.1 2.3 Beverages 1.3 1.3 2.1 2.0 2.4 Child care 1.5 1.5 2.1 2.1 2.2 Consumer electronics 0.6 0.6 0.3 0.3 0.3 Consumer goods 0.7 0.7 0.6 0.6 0.7 Convenience stores 9.2 9.1 11.9 12.3 12.6 Crafts and novelties 1.0 1.0 0.9 0.6 0.6 Diversified industrial 0.9 1.0 0.8 0.7 0.8 Dollar stores 7.4 7.5 7.6 7.9 7.3 Drug stores 6.2 6.6 8.2 8.8 9.4 Education 0.1 0.1 0.2 0.2 0.3 Energy 0.4 0.4 — — — Entertainment 0.8 0.8 0.3 0.3 0.3 Equipment services 0.3 0.3 0.3 0.4 0.4 Financial services 1.9 2.0 1.8 2.0 2.4 Food processing 0.5 0.7 0.7 0.7 0.5 General merchandise 3.4 3.5 3.4 2.5 2.1 Grocery stores 5.3 4.9 4.9 5.2 5.0 Health and beauty 0.2 0.2 0.2 0.2 0.2 Health and fitness 4.5 4.7 6.7 7.0 7.1 Health care 2.1 1.9 1.5 1.6 1.6 Home furnishings 2.4 2.2 0.7 0.8 0.8 Home improvement 3.0 3.1 3.1 2.9 2.8 Industry Diversification

Q2 2022 Supplemental Operating & Financial Data 20 Percentage of Total Portfolio Annualized Contractual Rent As of Jun 30, Dec 31, Dec 31, Dec 31, Dec 31, 2022 2021 2020 2019 2018 Machinery 0.2 0.1 0.1 0.1 0.1 Motor vehicle dealerships 1.3 1.3 1.6 1.6 1.8 Office supplies 0.2 0.2 0.1 0.2 0.2 Other manufacturing 0.5 0.5 0.4 0.6 0.7 Packaging 0.6 0.6 0.9 0.8 1.0 Pet supplies and services 1.0 0.9 0.7 0.7 0.5 Restaurants - casual dining 5.7 5.9 2.8 3.2 3.3 Restaurants - quick service 6.3 6.5 5.3 5.8 6.3 Shoe stores 0.2 0.2 0.2 0.2 0.5 Sporting goods 1.4 1.5 0.7 0.8 0.9 Telecommunications 0.1 0.1 0.5 0.5 0.6 Theaters 3.2 3.4 5.6 6.1 5.3 Transportation services 3.2 3.4 3.9 4.3 5.0 Wholesale clubs 2.4 2.5 2.4 2.5 2.9 Other 0.8 0.9 1.0 1.6 1.8 Total United States 90.2% 91.5% 93.8% 97.3% 100% Europe (1) Grocery stores 5.2 5.3 4.9 2.7 — Health care 0.1 0.1 0.1 — — Home improvement 2.2 2.0 1.2 — — Warehousing and storage 0.2 0.2 — — — Other 2.1 0.9 * * — Total Europe 9.8% 8.5% 6.2% 2.7% —% Totals 100% 100% 100% 100% 100% * Less than 0.1% (1) Europe consists of properties in the U.K., starting in May 2019, and in Spain, starting in September 2021. Industry Diversification (Cont'd)

Q2 2022 Supplemental Operating & Financial Data 21 Geographic Diversification Balanced presence in 50 states, Puerto Rico, the United Kingdom and Spain. Top Ten Regions Based on Total Portfolio Annualized Contractual Rent Texas 10.7% U.K. 9.1% California 6.3% Illinois 5.3% Florida 5.3% Ohio 4.5% Georgia 3.6% North Carolina 3.2% New York 3.1% Indiana 2.8%

Q2 2022 Supplemental Operating & Financial Data 22 Property Type Composition (dollars in thousands) Property Type Number of Properties Approximate Leasable Square Feet (1) Total Portfolio Annualized Contractual Rent as of June 30, 2022 Percentage of Total Portfolio Annualized Contractual Rent as of June 30, 2022 Percentage of Annualized Contractual Rent from Our Investment Grade Clients (2) Retail 11,097 142,465,300 $ 2,567,882 84.0 % 41.6 % Industrial 307 73,818,800 438,060 14.3 57.2 Other (3) 23 2,201,000 53,775 1.7 6.4 Totals 11,427 218,485,100 $ 3,059,717 100.0 % 43.2 % (1) Includes leasable building square footage. Excludes 3,600 acres of leased land categorized as agriculture at June 30, 2022. (2) Please see the Glossary for our definition of investment grade clients. (3) "Other" includes seven properties classified as office, consisting of approximately 2.0 million leasable square feet and $25.2 million in annualized contractual rent, and 16 properties classified as agriculture, consisting of approximately 191,200 leasable square feet and $28.6 million in annualized contractual rent. Retail 84.0% Industrial 14.3% Other 1.7%

Q2 2022 Supplemental Operating & Financial Data 23 Q2 2022 Same Store Rental Revenue Number of properties 9,686 Square footage 168,881,270 Q2 2022 $ 615,633 Q2 2021 $ 603,572 Increase (in dollars) $ 12,061 Increase (percent) 2.0 % YTD 2022 Same Store Rental Revenue Number of properties 9,686 Square footage 168,881,270 YTD 2022 $ 1,242,739 YTD 2021 $ 1,206,077 Increase (in dollars) $ 36,662 Increase (percent) 3.0 % Same Store Rental Revenue (1) (dollars in thousands) Top 3 Industries Contributing to the Change (2) Three Months Ended Three Months Ended Net % Change Industry June 30, 2022 June 30, 2021 Change by Industry Theaters $ 23,781 $ 18,674 $ 5,107 27.3 % Heath and fitness 34,121 31,964 2,157 6.7 % Restaurants - casual dining 40,869 40,102 767 1.9 % Top 3 Industries Contributing to the Change (2) Six Months Ended Six Months Ended Net % Change Industry June 30, 2022 June 30, 2021 Change by Industry Theaters $ 55,959 $ 37,190 $ 18,769 50.5 % Heath and fitness 68,217 65,191 3,026 4.6 % Restaurants - casual dining 81,316 79,072 2,244 2.8 % For purposes of comparability, same store rental revenue is presented on a constant currency basis using the applicable exchange rate as of June 30, 2022 of 1.22 GBP/ USD. None of the properties in Spain met our same store pool definition for the periods presented. Our calculation of same store rental revenue includes rent deferred for future payment as a result of lease concessions we granted in response to the COVID-19 pandemic and recognized under the practical expedient provided by the Financial Accounting Standards Board (FASB). Our calculation of same store rental revenue also includes uncollected rent for which we have not granted a lease concession. If these applicable amounts of rent deferrals and uncollected rent were excluded from our calculation of same store rental revenue, the increases for the three and six months ended June 30, 2022 relative to the comparable period for 2021 would have been 2.6% and 3.5%, respectively. (1) Please see the Glossary to see our definitions of the Same Store Pool and Same Store Rental Revenue. Beginning with the first quarter of 2022, properties acquired through the merger with VEREIT were considered under each element of our Same Store Pool criterion, except for the requirement that the property be owned for the full comparative period. If the property was owned by VEREIT for the full comparative period and each of the other criteria were met, the property was included in our Same Store Pool. (2) Top 3 industry contributors are based on absolute value of net change period over period.

Q2 2022 Supplemental Operating & Financial Data 24 Same Store Rental Revenue (1) (Cont'd) (dollars in thousands) Q2 2022 YTD 2022 Three Months Ended Net % Change by Six Months Ended Net %Change Property Type June 30, 2022 June 30, 2021 Change Property Type June 30, 2022 June 30, 2021 Change Property Retail $ 519,725 $ 508,528 $ 11,197 2.2 % $ 1,050,300 $ 1,016,237 $ 34,063 3.4 % Industrial 84,679 83,911 768 0.9 % 169,964 167,584 2,380 1.4 % Other (2) 11,229 11,133 96 0.9 % 22,475 22,256 219 1.0 % Total $ 615,633 $ 603,572 $ 12,061 2.0 % $ 1,242,739 $ 1,206,077 $ 36,662 3.0 % Same Store Rental Revenue by Property Type Reconciliation of Same Store Rental Revenue to Rental Revenue (including reimbursable) Three Months Ended Six Months Ended June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021 Same store rental revenue $ 615,633 $ 603,572 $ 1,242,739 $ 1,206,077 Constant currency adjustment (3) 2,171 4,428 8,167 7,587 Straight-line rent and other non-cash adjustments 3,978 7,310 12,251 8,865 Contractually obligated reimbursements by our clients 40,913 38,966 84,668 84,759 Revenue from excluded properties (4) 133,765 94,585 246,260 168,778 Other excluded revenue (5) 4,340 1,962 6,280 4,432 VEREIT same store rental revenue (6) — (290,567) — (580,877) Rental revenue (including reimbursable) $ 800,800 $ 460,256 $ 1,600,365 $ 899,621 (1) Please see the Glossary to see our definitions of the Same Store Pool and Same Store Rental Revenue. Beginning with the first quarter of 2022, properties acquired through the merger with VEREIT were considered under each element of our Same Store Pool criterion, except for the requirement that the property be owned for the full comparative period. If the property was owned by VEREIT for the full comparative period and each of the other criteria were met, the property was included in our Same Store Pool. (2) "Other" includes properties classified as office and agriculture. (3) For purposes of comparability, same store rental revenue is presented on a constant currency basis using the applicable exchange rate as of June 30, 2022 of 1.22 GBP/ USD. None of the properties in Spain met our same store pool definition for the periods presented. (4) Please see the Glossary for our definition of Same Store Pool. (5) "Other excluded revenue" primarily consists of lease termination revenue and reimbursements for tenant improvements. (6) Amounts for the three and six months ended June 30, 2021 represent Same Store Rental Revenue from VEREIT properties, which were not included in our financial statements prior to the close of the merger on November 1, 2021.

Q2 2022 Supplemental Operating & Financial Data 25 By Property Occupied properties 11,295 Total properties 11,427 Occupancy (1) 98.9 % By Square Footage Occupied square footage 216,485,426 Total square footage 218,485,083 Occupancy 99.1 % By Rental Revenue (Economic Occupancy) Quarterly cash rental revenue (2) $ 747,354 Quarterly cash vacant rental revenue (3) $ 5,842 Occupancy 99.2 % Change in Occupancy Vacant properties at 3/31/2022   156 Lease expirations (4) + 220 Leasing activity (5) - 180 Vacant dispositions (6) - 64 Vacant properties at 6/30/2022   132 (1) Excludes four properties with ancillary leases only, such as cell towers and billboards, of which one was vacant. (2) Does not include reserves and reserve reversals recorded as adjustments to rental revenue. (3) Based on contractual monthly rental revenue received immediately preceding the date of vacancy. (4) Includes scheduled and unscheduled expirations (including leases rejected in bankruptcy), as well as future expirations resolved in the periods indicated above. (5) Excludes nine minority unit leases with no property-level vacancy impact. See page 26 for additional detail on re-leasing activity. (6) Includes 49 properties vacant at the beginning of the quarter. Occupancy as of June 30, 2022 (dollars in thousands) Occupancy by Number of Properties 98.5% 98.6% 97.9% 98.0% 98.5% 98.8% 98.5% 98.6% 98.9% Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 90.0% 91.0% 92.0% 93.0% 94.0% 95.0% 96.0% 97.0% 98.0% 99.0%

Q2 2022 Supplemental Operating & Financial Data 26 Leasing Activity (dollars in thousands) Q2 2022 Re-leased to New Client Re-leased to Without After a Period Re-leasing Same Client Vacancy of Vacancy Totals Prior cash rents $ 32,832 $ 469 $ 327 $ 33,628 New cash rents* $ 34,167 $ 685 $ 662 $ 35,514 Recapture rate 104.1 % 146.1 % 202.4 % 105.6 % Number of leases 182 4 7 193 Average months vacant — — 14.5 0.4 Lease incentives (1) $ — $ — $ — $ — *Percentage of Total Portfolio Annualized Portfolio Rental Revenue: 1.2 % (1) Lease incentives are defined as capital outlays made on behalf of a client that are specific to the client's use and benefit, and are not capitalized as improvements to the property. YTD 2022 Re-leased to New Client Re-leased to Without After a Period Re-leasing Same Client Vacancy of Vacancy Totals Prior cash rents $ 59,881 $ 778 $ 2,810 $ 63,469 New cash rents* $ 62,622 $ 1,184 $ 3,399 $ 67,205 Recapture rate 104.6 % 152.2 % 121.0 % 105.9 % Number of leases 286 7 19 312 Average months vacant — — 12.4 0.6 Lease incentives (1) $ — $ — $ — $ — *Percentage of Total Portfolio Annualized Portfolio Rental Revenue: 2.2 % Allocation Based on Number of Leases 94% 6% Same Tenant New Tenant 92% 8% Same Tenant New Tenant

Q2 2022 Supplemental Operating & Financial Data 27 (1) This table sets forth the timing of remaining lease term expirations in our portfolio (excluding rights to extend a lease at the option of the client) and their contributions to annualized contractual rent as of June 30, 2022. Leases on our multi-client properties are counted separately in the table above. This table excludes 168 vacant units. (2) Of the 11,769 in-place leases in the portfolio, which excludes 168 vacant units, 10,069 or 85.6% were under leases that provide for increases in rents through: base rent increases tied to inflation (typically subject to ceilings), percentage rent based on a percentage of the clients’ gross sales, fixed increases, or a combination of two or more of the aforementioned rent provisions. Our leases have a weighted average remaining lease term of approximately 8.8 years. Lease Expirations (dollars in thousands) Total Portfolio (1)(2) Total Portfolio Approx. Annualized Contractual Percentage of Total Expiring Leases Leasable Rent as of Portfolio Annualized Year Retail Non-Retail Sq. Feet June 30, 2022 Contractual Rent 2022 118 8 1,403,900 $ 18,769 0.6 % 2023 718 27 10,788,100 135,195 4.4 2024 685 32 13,766,900 157,057 5.1 2025 830 35 13,846,000 195,679 6.4 2026 769 32 15,674,200 180,810 5.9 2027 1,310 30 21,308,500 259,438 8.5 2028 1,029 34 19,602,900 237,291 7.8 2029 866 17 17,898,600 220,637 7.2 2030 512 20 14,502,400 163,807 5.5 2031 458 37 20,612,900 237,083 7.7 2032 640 18 10,768,100 184,806 6.0 2033 526 13 12,262,100 158,893 5.2 2034 518 6 9,825,900 201,637 6.6 2035 397 3 4,543,200 101,191 3.3 2036 398 7 6,890,000 126,207 4.1 2037 - 2059 1,641 35 22,791,700 481,217 15.7 Totals 11,415 354 216,485,400 $ 3,059,717 100.0 %

Q2 2022 Supplemental Operating & Financial Data 28 Earnings Guidance Summarized below are approximate estimates of the key components of our 2022 earnings guidance: Prior 2022 Guidance Revised 2022 Guidance Net income per share $1.08 to $1.25 $1.14 to $1.27 Real estate depreciation and impairments per share $2.83 $2.88 Gain on sales of properties per share $(0.03) $(0.10) Normalized FFO per share (1) $3.88 to $4.05 $3.92 to $4.05 AFFO per share (1) $3.84 to $3.97 $3.84 to $3.97 Same store rent growth ~ 1.5% ~ 2.0% Occupancy ~ 98% Over 98% Cash G&A expenses (% of revenues) (2)(3) 3.5% - 4.0% 3.5% - 4.0% Property expenses (non-reimbursable) (% of revenues) (2) 1.5% - 2.0% 1.5% - 2.0% Income tax expenses $45 to $50 million $45 to $50 million Acquisition volume Over $5.0 billion Over $6.0 billion (1) Normalized FFO per share and AFFO per share exclude merger and integration-related costs associated with our merger with VEREIT. (2) Revenue excludes contractually obligated reimbursements by our clients. Cash G&A expenses excludes stock-based compensation expense. (3) G&A expenses inclusive of stock-based compensation expense as a percentage of rental revenue, excluding reimbursements, is expected to be approximately 4.0% - 4.5% in 2022. This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act of 1934, as amended. When used in this presentation, the words “estimated,” “anticipated,” “expect,” “believe,” “intend,” and similar expressions are intended to identify forward-looking statements. Forward-looking statements also include discussions of our business and portfolio including future operations and results, strategy, plans, intentions of management, our pipeline and guidance. Forward-looking statements are subject to risks, uncertainties, and assumptions about us, which may cause our actual future results to differ materially from expected results. Some of the factors that could cause actual results to differ materially are, among others, our continued qualification as a real estate investment trust; general domestic and foreign business and economic conditions; competition; fluctuating interest and currency rates; access to debt and equity capital markets; continued volatility and uncertainty in the credit markets and broader financial markets; other risks inherent in the real estate business including our clients' defaults under leases, potential liability relating to environmental matters, illiquidity of real estate investments, and potential damages from natural disasters; impairments in the value of our real estate assets; changes in income tax laws and rates; the continued evolution of the COVID-19 pandemic and the measures taken to limit its spread, and its impacts on us, our business, our clients, or the economy generally; the timing and pace of reopening efforts at the local, state and national level in response to the COVID-19 pandemic and developments, such as the unexpected surges in COVID-19 cases, that cause a delay in or postponement of reopenings; the outcome of any legal proceedings to which we are a party or which may occur in the future; acts of terrorism and war; any effects of uncertainties regarding whether the anticipated benefits or results of our merger with VEREIT will be achieved; and those additional risks and factors discussed in our reports filed with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on forward-looking statements. Those forward- looking statements are not guarantees of future plans and performance and speak only as of the date of this press release. Actual plans and operating results may differ materially from what is expressed or forecasted in this press release. Realty Income does not undertake any obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.

Q2 2022 Supplemental Operating & Financial Data 29 Analyst Coverage Equity Research Baird Wes Golladay wgolladay@rwbaird.com (216) 737-7510 Bank of America Securities Joshua Dennerlein joshua.dennerlein@bofa.com (646) 855-1681 Berenberg Connor Siversky connor.siversky@berenberg-us.com (646) 949-9037 BTIG Michael Gorman mgorman@btig.com (212) 738-6138 Capital One Chris Lucas christopher.lucas@capitalone.com (571) 633-8151 Citigroup Michael Bilerman michael.bilerman@citi.com (212) 816-1383 Credit Suisse Tayo Okusanya tayo.okusanya@credit-suisse.com (212) 325-1402 Edward Jones James Shanahan jim.shanahan@edwardjones.com (314) 515-5292 Green Street Spenser Allaway sallaway@greenstreetadvisors.com (949) 640-8780 Janney Montgomery Scott Robert Stevenson robstevenson@janney.com (646) 840-3217 Jefferies Linda Tsai ltsai@jefferies.com (212) 778-8011 J.P. Morgan Anthony Paolone anthony.paolone@jpmorgan.com (212) 622-6682 Ladenburg Thalmann John Massocca jmassocca@ladenburg.com (212) 409-2543 Mizuho Haendel St. Juste haendel.st.juste@us.mizuho-sc.com (212) 205-7860 Morgan Stanley Ronald Kamdem ronald.kamdem@morganstanley.com (212) 269-8319 Raymond James RJ Milligan rjmilligan@raymondjames.com (727) 567-2585 RBC Capital Markets Brad Heffern brad.heffern@rbccm.com (512) 708-6311 Scotiabank Greg McGinniss greg.mcginniss@scotiabank.com (212) 225-6906 Stifel Simon Yarmak yarmaks@stifel.com (443) 224-1345 UBS Michael Goldsmith michael.goldsmith@ubs.com (212) 713-2951 Wolfe Research Andrew Rosivach arosivach@wolferesearch.com (646) 582-9250 Realty Income is covered by the analysts at the firms listed above. This list may not be complete and is subject to change. Please note that any opinions, estimates or forecasts regarding Realty Income's performance made by these analysts are theirs alone and do not represent opinions, estimates or forecasts of Realty Income or its management. Realty Income does not by its reference above or distribution imply, and expressly disclaims, any endorsement of or concurrence with any information, estimates, forecasts, opinions, conclusions or recommendations provided by analysts.

Q2 2022 Supplemental Operating & Financial Data 30 Glossary Adjusted EBITDAre. The National Association of Real Estate Investment Trusts (Nareit) established an EBITDA metric for real estate companies (i.e., EBITDA for real estate, or EBITDAre) it believed would provide investors with a consistent measure to help make investment decisions among certain REITs. Our definition of “Adjusted EBITDAre” is generally consistent with the Nareit definition, other than our adjustment to remove foreign currency and derivative gain and loss, excluding the gain and loss from the settlement of foreign currency forwards not designated as hedges (which is consistent with our previous calculations of "Adjusted EBITDAre"). We define Adjusted EBITDAre, a non-GAAP financial measure, for the most recent quarter as earnings (net income) before (i) interest expense, including non-cash loss (gain) on swaps, (ii) income and franchise taxes, (iii) loss on extinguishment of debt, (iv) real estate depreciation and amortization, (v) provisions for impairment, (vi) merger and integration-related costs, (vii) gain on sales of real estate, (viii) foreign currency and derivative gain and loss, net and (ix) our proportionate share of interest expense, other-than-temporary impairment, and real estate depreciation and amortization from unconsolidated entities. Our Adjusted EBITDAre may not be comparable to Adjusted EBITDAre reported by other companies or as defined by Nareit, and other companies may interpret or define Adjusted EBITDAre differently than we do. Management believes Adjusted EBITDAre to be a meaningful measure of a REIT’s performance because it provides a view of our operating performance, analyzes our ability to meet interest payment obligations before the effects of income tax, depreciation and amortization expense, provisions for impairment, gain on sales of real estate and other items, as defined above, that affect comparability, including the removal of non-recurring and non-cash items that industry observers believe are less relevant to evaluating the operating performance of a company. In addition, EBITDAre is widely followed by industry analysts, lenders, investors, rating agencies, and others as a means of evaluating the operational cash generating capacity of a company prior to servicing debt obligations. Management also believes the use of an annualized quarterly Adjusted EBITDAre metric is meaningful because it represents our current earnings run rate for the period presented. The ratio of our total debt to our annualized quarterly Adjusted EBITDAre is also used to determine vesting of performance share awards granted to our executive officers. Adjusted EBITDAre should be considered along with, but not as an alternative to, net income as a measure of our operating performance. Adjusted Funds From Operations (AFFO), a non-GAAP financial measure, is defined as FFO adjusted for unique revenue and expense items, which we believe are not as pertinent to the measurement of our ongoing operating performance. Most companies in our industry use a similar measurement to AFFO, but they may use the term "CAD" (for Cash Available for Distribution) or "FAD" (for Funds Available for Distribution). We believe AFFO provides useful information to investors because it is a widely accepted industry measure of the operating performance of real estate companies that is used by industry analysts and investors who look at and compare those companies. In particular, AFFO provides an additional measure to compare the operating performance of different REITs without having to account for differing depreciation assumptions and other unique revenue and expense items which are not pertinent to measuring a particular company’s ongoing operating performance. Therefore, we believe that AFFO is an appropriate supplemental performance metric, and that the most appropriate GAAP performance metric to which AFFO should be reconciled is net income available to common stockholders. Annualized Adjusted EBITDAre, a non-GAAP financial measure, is calculated by annualizing Adjusted EBITDAre. Annualized Pro Forma Adjusted EBITDAre, a non-GAAP financial measure, is defined as Adjusted EBITDAre, which includes transaction accounting adjustments in accordance with U.S. GAAP, consists of adjustments to incorporate Adjusted EBITDAre from properties we acquired or stabilized during the applicable quarter and removes Adjusted EBITDAre from properties we disposed of during the applicable quarter, giving pro forma effect to all transactions as if they occurred at the beginning of the applicable quarter. Our calculation includes all adjustments consistent with the requirements to present Adjusted EBITDAre on a pro forma basis in accordance with Article 11 of Regulation S-X. The annualized pro forma adjustments are consistent with the debt service coverage ratio calculated under financial covenants for our senior unsecured notes and bonds. See page 13 for further information regarding our debt covenants.

Q2 2022 Supplemental Operating & Financial Data 31 Glossary (Cont'd) Funds From Operations (FFO), a non-GAAP financial measure, consistent with the Nareit definition, is net income available to common stockholders, plus depreciation and amortization of real estate assets, plus provisions for impairments of depreciable real estate assets, and reduced by gain on property sales. Presentation of the information regarding FFO and AFFO (described on pages 5 and 6) is intended to assist the reader in comparing the operating performance of different REITs, although it should be noted that not all REITs calculate FFO and AFFO in the same way, so comparisons with other REITs may not be meaningful. FFO and AFFO should not be considered alternatives to reviewing our cash flows from operating, investing, and financing activities. In addition, FFO and AFFO should not be considered measures of liquidity, of our ability to make cash distributions, or of our ability to pay interest payments. We consider FFO to be an appropriate supplemental measure of a REIT’s operating performance as it is based on a net income analysis of property portfolio performance that adds back items such as depreciation and impairments for FFO. The historical accounting convention used for real estate assets requires straight-line depreciation of buildings and improvements, which implies that the value of real estate assets diminishes predictably over time. Since real estate values historically rise and fall with market conditions, presentations of operating results for a REIT using historical accounting for depreciation could be less informative. The use of FFO is recommended by the REIT industry as a supplemental performance measure. In addition, FFO is used as a measure of our compliance with the financial covenants of our credit facility. Initial Weighted Average Cash Lease Yield (acquisitions) is computed as contractual cash net operating income for the first twelve months following the acquisition date, divided by the total cost of the property (including all expenses borne by us). Investment Grade Clients are our clients with a credit rating, and our clients that are subsidiaries or affiliates of companies with a credit rating, as of the balance sheet date, of Baa3/BBB- or higher from one of the three major rating agencies (Moody’s/S&P/Fitch). Net Cash Capitalization Rates (dispositions) are computed as annualized current month contractual cash net operating income, divided by the net proceeds received upon sale of the property (including all expenses borne by us). Net Debt/Annualized Adjusted EBITDAre, a ratio used by management as a measure of leverage, is calculated as net debt (which we define as total debt per our consolidated balance sheet, excluding deferred financing costs and net premiums and discounts, but including our proportionate share on debt from unconsolidated entities, less cash and cash equivalents), divided by Annualized Adjusted EBITDAre. Net Debt/Annualized Pro Forma Adjusted EBITDAre, a ratio used by management as a measure of leverage, is calculated as net debt (which we define as total debt per our consolidated balance sheet, excluding deferred financing costs and net premiums and discounts, but including our proportionate share on debt from unconsolidated entities, less cash and cash equivalents), divided by Annualized Pro Forma Adjusted EBITDAre. Normalized Funds from Operations Available to Common Stockholders (Normalized FFO), a non-GAAP financial measure, is FFO excluding merger and integration-related costs associated with our merger with VEREIT. Same Store Pool, for purposes of determining the properties used to calculate our same store rental revenue, includes all properties that we owned for the entire year-to-date period, for both the current and prior year except for properties during the current or prior year that were: (i) vacant at any time, (ii) under development or redevelopment, or (iii) involved in eminent domain and rent was reduced. Same Store Rental Revenue excludes straight-line rent, the amortization of above-and below-market leases, and reimbursements from clients for recoverable real estate taxes and operating expenses. For purposes of comparability, same store rental revenue is presented on a constant currency basis by applying the exchange rate as of the balance sheet date to base currency rental revenue. Total Portfolio Annualized Contractual Rent is the monthly aggregate cash amount charged to clients, inclusive of monthly base rent receivables, as of the balance sheet date, multiplied by 12, excluding percentage rent. We believe total portfolio annualized contractual rent is a useful supplemental operating measure, as it excludes properties that were no longer owned at the balance sheet date and includes the annualized rent from properties acquired during the quarter. Total portfolio annualized contractual rent has not been reduced to reflect reserves recorded as reductions to GAAP rental revenue in the periods presented. Total portfolio annualized contractual rent excludes unconsolidated entities.