Company: NNN
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0000950170-25-042337
Chunk: 1

Company: NNN REIT, INC.
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 1
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 shares of stock of the Company be represented at the meeting. If you cannot personally attend the meeting, we encourage you to ensure you are represented at the meeting by signing and dating the accompanying proxy card and promptly returning it in the enclosed envelope. You may also vote either bytelephone (1-800-690-6903) or on the Internet (http://www.proxyvote.com). Returning your proxy card, voting by telephone or voting on the Internet will not prevent you from voting in person, but will assure that your vote will be counted if you are unable to attend the meeting. As always, the Company encourages you to vote your shares prior to the Annual Meeting.

Sincerely,

| /s/ Stephen A. Horn, Jr. Stephen A. Horn, Jr.President and Chief Executive Officer |

<div align='center'>NNN REIT, INC.

450 South Orange Avenue, Suite 900

Orlando, Florida 32801

NOTICE OF ANNUAL MEETING OF STOCKHOLDERS

TO BE HELD MAY 13, 2025</div>

NOTICE IS HEREBY GIVENthat the annual meeting of stockholders ofNNN REIT, INC.will be held at 8:30 a.m. local time, on May 13, 2025, at 450 South Orange Avenue, Suite 900, Orlando, Florida 32801, for the following purposes:

The election of eight directors to serve for a term ending at the 2026 annual meeting of stockholders and until their successors are duly elected and qualified;

A non-binding advisory proposal to approve the compensation of our named executive officers as described in this Proxy Statement; and

The ratification of the selection of our independent registered public accounting firm for the year ending December 31, 2025.

We will also transact such other business as may properly come before the meeting or any adjournment or postponement thereof.

Stockholders of record at the close of business on March 17, 2025, will be entitled to notice of and to vote at the annual meeting or at any adjournment thereof.

Stockholders are cordially invited to attend the meeting in person.PLEASE VOTE, EVEN IF YOU PLAN TO ATTEND THE MEETING, by completing, signing and returning the enclosed proxy card, by telephone (1-800-690-6903) or on the internet (http://www.proxyvote.com) by following the instructions on your proxy card.If you decide to attend the meeting, you may revoke