SUPPLEMENTAL INFORMATION UNAUDITED THIRD QUARTER 2025 Forward-Looking Statements This supplemental information package contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. STAG Industrial, Inc. (STAG) intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of ...

Core Insights - STAG Industrial, Inc. reported strong financial performance for Q3 2025, highlighting portfolio stability and market health, with expectations for continued growth and value creation [1][2]. Financial Performance - Net income attributable to common stockholders for Q3 2025 was $48.6 million, a 16.2% increase from $41.8 million in Q3 2024 [4][8]. - Basic and diluted net income per common share for Q3 2025 was $0.26, up 13.0% from $0.23 in Q3 2024 [4][8]. - Cash NOI for Q3 2025 reached $162.3 million, a 9.3% increase from $148.4 million in Q3 2024 [4][21]. - Same Store Cash NOI for Q3 2025 was $145.7 million, reflecting a 3.9% increase compared to $140.2 million in Q3 2024 [4][21]. - Adjusted EBITDAre for Q3 2025 was $152.5 million, a 9.9% increase from $138.7 million in Q3 2024 [4][21]. - Core FFO for Q3 2025 was $124.7 million, up 12.6% from $110.8 million in Q3 2024 [4][21]. Acquisition and Disposition Activity - In Q3 2025, the company acquired two buildings for $101.5 million, with a total square footage of 986,410 and an occupancy rate of 100% upon acquisition [6][8]. - The company also acquired a vacant land parcel for $2.9 million during the same period [6]. - Total acquisition activity for 2025 through October 28 included 1.6 million square feet across six buildings for $163.2 million [7]. Leasing Activity - The company commenced leases totaling 2.2 million square feet in Q3 2025, achieving a Cash Rent Change of 27.2% and a Straight-Line Rent Change of 40.6% [8][10]. - Retention rate for leases expiring in Q3 was 63.4% for 2.5 million square feet [8][10]. - Year-to-date leasing activity included 11.3 million square feet across 90 leases, with a weighted average lease term of 5.0 years [12]. Capital Markets Activity - The company refinanced a $300 million term loan, extending the maturity to March 15, 2030, with a fixed interest rate of 1.70% until February 2026, then 3.94% until maturity [14][15]. - As of September 30, 2025, the Net Debt to Annualized Run Rate Adjusted EBITDAre was 5.1x, with liquidity reported at $904.1 million [15].