Company: NNN
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000950170-25-042337
Chunk: 14

Company: NNN REIT, INC.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 14
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-term success.

In 2022 we created a Corporate Sustainability Team which reports directly to the Executive Vice President, General Counsel and Secretary, with oversight by the Governance and Nominating Committee of the Board of Directors. The Corporate Sustainability Team, led by the Corporate Sustainability Manager, is comprised of associates from a broad spectrum of seniority levels and departments of the Company. The team has both internal and external projects, including, but not limited to, engaging with our tenants on environmental data collection and property level sustainability, creating the annual sustainability report, and regularly engaging with raters and rankers.

Materiality.NNN’s process for assessing materiality includes compiling a range of topics found within global standards, refined based on best industry practices. Our Corporate Sustainability Team then creates a Materiality Assessment Survey which is administered to key stakeholders, including our associates, executive management and Board. The results inform company practices, policies, goals and data tracking mechanisms to help drive meaningful and long-term value creation for our stakeholders. Impacts that occur along our value chain are also analyzed to understand our ability to manage or influence others implementation of sustainability driven initiatives within their organizations. The process is revisited and refined to proactively engage key stakeholders and continually refresh our perspective amid the ever-evolving landscape.

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The following graphic illustrates our Materiality Assessment Survey topics and key results:

Human Capital Development. As of December 31, 2024, the Company employed 81 talented and dedicated associates whose hard work and expertise drives our success. Engrained in our talent philosophy is ensuring our associates have access to engage in continuing professional and personal development opportunities that are meaningful and relevant to them. Additionally, we offer associate mentoring and training programs and formalized talent development programs at all levels within the Company. The success of our efforts to nurture the growth and development of our associates is evident in the average tenure, with nearly half of our associates having been with the Company for 10 or more years. The Company’s gender representation has also continued to reflect balance, with a workforce comprising 58% female and 42% male as of December 31, 2024. More information can also be found in the Company’s Human Capital Policy available on our website athttp://www.nnnreit.com.

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Total Rewards, Benefits & Work-Life Balance. The Company focuses on additional benefits for our associates in an effort to ensure our associates are not only well compensated but also engaged, developed and satisfied with their work-life balance