Company: NNN
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000950170-25-042337
Chunk: 2

Company: NNN REIT, INC.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 2
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 your Proxy and vote your shares in person. It is important that your shares be represented and voted.

By Order of the Board of Directors,

| /s/ Gina M. Steffens Gina M. SteffensExecutive Vice President, General Counseland Secretary |

March 20, 2025

Orlando, Florida

<div align='center'>IMPORTANT NOTICE REGARDING THE AVAILABILITY OF PROXY MATERIALS FOR

THE ANNUAL MEETING TO BE HELD ON MAY 13, 2025

Our Proxy Statement and our Annual Report to Stockholders,

which includes our Annual Report on Form 10-K, are available at

http://www.nnnreit.com/proxyvote

NNN REIT, INC.

450 South Orange Avenue, Suite 900

Orlando, Florida 32801

Tel: 407-265-7348</div>

| PROXY STATEMENT |

General.This Proxy Statement is furnished by the Board of Directors of NNN REIT, Inc. (the “Company”) in connection with the solicitation by the Board of Directors of proxies to be voted at the annual meeting of stockholders to be held on May 13, 2025, and at any adjournment thereof, for the purposes set forth in the accompanying notice of such meeting. All stockholders of record at the close of business on March 17, 2025 (the “Record Date”), will be entitled to vote. It is anticipated that this Proxy Statement and the enclosed Proxy will be mailed to stockholders on or about March 31, 2025. The Proxy Statement and our Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”) will also be available on the Internet athttp://www.nnnreit.com/proxyvote.

When we use the words “we,” “us,” “our” or “Company,” we are referring to NNN REIT, Inc.

Voting/Revocation of Proxy.If you complete and properly sign and mail the accompanying proxy card, it will be voted as you direct. If you are a registered stockholder and attend the meeting, you may deliver your completed proxy card in person. “Street name” stockholders who wish to vote at the meeting will need to obtain a proxy from the institution that holds their shares.

If you are a registered stockholder, you may vote by telephone (1-800-690-6903), or electronically through the Internet (http://www.proxyvote.com), by following the