Global Net Lease(GNL) - 2023 Q2 - Earnings Call Presentation

REIT Merger and Internalization Update(1) Global Net Lease signed definitive agreement to merge with The Necessity Retail REIT (Nasdaq: RTL) Transaction is expected to close in September 2023 Net debt to adjusted annualized EBITDA expected to be reduced to 7.6x in Q4'23 Approximately $75 million in expected annual cost savings Cash Rent collected includes both contractual rents and deferred rents paid during the period. 2. Note: Metrics as of June 30, 2023, unless otherwise noted. 1. Refer to slide 4 for ad ...