Curating Best-in-Class Portfolio slide image

Curating Best-in-Class Portfolio

TOTAL RETURN CAGR SINCE 1994 Attractive Risk/Reward vs. S&P 500 Companies and REIT Peers 30% 20% 10% 0% S&P 500 Members(1)(2) -10% 2.0 1.5 1.0 BETA Source: Bloomberg (1) Excludes companies without trading histories dating to 10/18/1994. Beta measured using monthly frequency. (2) n=253. Realty Income return per unit of market risk is in the 94th percentile of all S&P 500 companies Return: 14.6% 20% 15% Beta: 0.5 TOTAL RETURN CAGR SINCE 1994 10% 5% 0% HST REALTY INCOME Historically, Realty Income delivered more return per unit of risk vs. majority of S&P 500 companies and S&P 500 REITS (3) S&P 500 REIT Peers (1)(3) KIM VNO ESS MAA AVB CPT SPG FRT WELL REG EQR UDR VTR PEAK -5% 0.5 0.0 1.4 1.2 1.0 0.8 0.6 0.4 BETA (3) Excludes the following non-property S&P 500 REITS: AMT, CCI, EQIX, IRM, SBAC and WY (the "S&P 500 non-property REITs"). 11
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