Company: NNN
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000950170-25-042337
Chunk: 41

Company: NNN REIT, INC.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 41
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ments for grants received while serving in non-executive roles.

Mr. Habicht will retire from the Company effective March 31, 2025.

Ms. Steffens became a NEO in 2024.

Mr. Adamo became a NEO in 2023.

The following table sets forth certain information with respect to grants of plan-based awards to the NEOs of the Company during or for the fiscal year ended December 31, 2024.

<div align='center'>Grants of Plan-Based Awards</div>

|                      |     | Grant     |    | Estimated Future Payouts Under Equity Incentive Plan Awards (#) |     |        |     |         |     | All Other Stock Awards: Number of Shares of Stock or Units |     | Grant Date Fair Value of Stock and Option Awards |
| Name                 |     | Date      |    |                                                       Threshold |     | Target |     | Maximum |     |                                                         -# |     |                                               -$ |
| (a)                  |     | -b        |    |                                                              -c |     |     -d |     |      -e |     |                                                         -f |     |                                               -g |
| Stephen A. Horn, Jr. |     | 2/14/2024 | -1 |                                                               - |     |      - |     |       - |     |                                                     34,478 |     |                                        1,369,466 |
|                      |     | 2/14/2024 | -2 |                                                          20,112 |     | 80,449 |     | 160,898 |     |                                                          - |     |                                        4,439,176 |
| Kevin B. Habicht (3) |     | 2/14/2024 | -1 |                                                               - |     |      - |     |       - |     |                                                     13,838 |     |                                          549,645 |
|                      |     | 2/14/2024 | -2 |                                                           8,072 |     | 32,288 |     |  64,576 |     |                                                          - |     |                                        1,781,652 |
| Gina M. Steffens     |     | 2/14/2024 | -1 |                                                               - |     |      - |     |       - |     |                                                      3,960 |     |                                          157,291 |
|                      |     | 2/14/2024