On November 27, 2023, Realty Income Corporation (?Realty Income?) entered into that certain Amendment No. 1 to Sales Agreement (the ? Amendment?), which amended the Sales Agreement, dated August 4, 2023, by and among Realty Income, the sales agents party thereto, the forward sellers party thereto and the forward purchasers party thereto (the ?

Sales Agreement?), relating to Realty Income?s existing ?at-the-market? program. The Amendment addresses, among other things, certain matters related to the pending merger between Realty Income and Spirit Realty Capital Inc.