Company: NNN
Filing Date: 2025-06-24
Form Type: 424B5
Source: 0001193125-25-145374
Chunk: 42

Company: NNN REIT, INC.
Filing Date: 2025-06-24
Form: 424B5
Chunk 42
---
 notes are subscribed or purchased under Section 275 of the SFA by a relevant person which is: (i) a corporation (which is not an
accredited investor (as defined in Section 4A of the SFA)) the sole business of

S-26

which is to hold investments and the entire share capital of which is owned by one or more individuals, each of whom is an accredited investor; or (ii) a trust (where the trustee is not an
accredited investor) whose sole purpose is to hold investments and each beneficiary of the trust is an individual who is an accredited investor, shares, debentures and units of shares and debentures of that corporation or the beneficiaries’
rights and interest in that trust shall not be transferable for six months after that corporation or that trust has acquired the notes under Section 275 of the SFA except: (1) to an institutional investor under Section 274 of the SFA
or to a relevant person, or any person pursuant to Section 275(1A) of the SFA, and in accordance with the conditions, specified in Section 275 of the SFA; (2) where no consideration is given for the transfer; or (3) by operation
of law.

Singapore Securities and Futures Act Product Classification—solely for the purposes of its obligations pursuant to sections 309B(1)(a)
and 309B(1)(c) of the SFA and the Securities and Futures (Capital Markets Products) Regulations 2018 (“CMP 2018”), we have determined, and hereby notify all relevant persons (as defined in Section 309A of the SFA) that the notes are
“prescribed capital markets products” (as defined in CMP 2018) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

Notice to Prospective Investors in Switzerland

This prospectus supplement is not intended to constitute an offer or solicitation to purchase or invest in the notes.

The notes may not be publicly offered, directly or indirectly, in Switzerland within the meaning of the Swiss Financial Services Act (“FinSA”)
and no application has or will be made to admit the notes to trading on any trading venue (exchange or multilateral trading facility) in Switzerland. Neither this prospectus supplement nor any other offering or marketing material relating to the
notes constitutes a prospectus pursuant to the Fin