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NETSTREIT Reports Third Quarter 2026 Financial and Operating Results

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– Net Income of $0.08 and Adjusted Funds from Operations ("AFFO") of $0.35 Per Diluted Share –

– Completed Strong Gross Investment Activity of $273.1 Million at 7.4% Blended Cash Yield –

– Maintains 2026 AFFO Per Share Guidance Range of $1.37 to $1.39 –

– Secured $550.0 Million of Additional Financing Commitments –

– Extended Weighted Average Debt Maturity Profile with No Major Debt Maturities until 2029 –

DALLAS, October 21, 2026--NETSTREIT Corp. (NYSE: NTST) (the "Company") today announced financial and operating results for the third quarter ended September 30, 2026.

"I am pleased to report another solid quarter of investments that are leased to high quality net lease tenants. While rapid changes in the capital markets have increased capital costs across the net lease space, NETSTREIT's low leverage and ample liquidity have uniquely positioned us to capitalize on future opportunities that may arise from any prolonged market dislocation. As such, we are reiterating our 2026 AFFO per share guidance and remain optimistic about our growth prospects given our resilient portfolio and capital runway through 2027," said Mark Manheimer, Chief Executive Officer of NETSTREIT.

THIRD QUARTER 2026 HIGHLIGHTS

The following tables summarize the Company's select financial results1 for the three and nine months ended September 30, 2026.

Three Months Ended September 30,

2026

2025

% Change

(Unaudited)

Net Income per Diluted Share

$

0.08

$

0.01

700.0

%

Funds from Operations per Diluted Share

$

0.35

$

0.29

20.7

%

Core Funds from Operations per Diluted Share

$

0.34

$

0.31

9.7

%

Adjusted Funds from Operations per Diluted Share

$

0.35

$

0.33

6.1

%

Nine Months Ended September 30,

2026

2025

% Change

(Unaudited)

Net Income per Diluted Share

$

0.20

$

0.07

185.7

%

Funds from Operations per Diluted Share

$

1.00

$

0.89

12.4

%

Core Funds from Operations per Diluted Share

$

0.99

$

0.92

7.6

%

Adjusted Funds from Operations per Diluted Share

$

1.03

$

0.98

5.1

%

INVESTMENT ACTIVITY

The following tables summarize the Company's investment, disposition, and loan repayment activities (dollars in thousands) for the three and nine months ended September 30, 2026.

Three Months Ended

September 30, 2026

Nine Months Ended

September 30, 2026

Number of Investments

Amount

Number of Investments

Amount

Investments

84

$

273,144

235

$

810,965

Less Dispositions

15

39,522

36

99,718

Less Loan Repayments1

15

28,222

44

65,131

Net Investment Activity

$

205,400

$

646,116

Investment Activity

Cash Yield %

7.4

%

7.4

%

% of ABR derived from Investment Grade Tenants

25.2

%

25.6

%

% of ABR derived from Investment Grade Profile Tenants

18.7

%

15.9

%

Weighted Average Lease Term (years)

13.0

12.3

Disposition Activity

Cash Yield %2

7.2

%

7.0

%

Weighted Average Lease Term (years)

13.7

11.4

Loan Repayments

Cash Yield %

8.8

%

8.9

%

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