Slide 1: Convenience Automotive Retail Corporate Profile and Supplemental Information
CONVENIENCE AUTOMOTIVE RETAIL CORPORATE PROFILE and SUPPLEMENTAL INFORMATION APRIL 2026
Slide 2: Safe Harbor Statements
SAFE HARBOR STATEMENTS Forward Looking Statements Certain statements in this presentation constitute “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are statements that relate to management’s expectations or beliefs, future plans and strateg
Slide 3: Table of Contents
TABLE OF CONTENTS CORPORATE PROFILE SUPPLEMENTAL INFORMATION Business Update Page 4 Top Tenants Page 28 Company 5 Top Markets 29 Portfolio 11 Lease Expirations 30 Balance Sheet and Other 20 Rent Escalations 31 Definitions 24 Rent Coverage 32 Redevelopment Activity 33 Debt and Credit Metrics 34 Reven
Slide 4: Business Update: Primed to Accelerate Growth
BUSINESS UPDATE: PRIMED TO ACCELERATE GROWTH o Invested $34.4 million at an 8.0% initial cash yield YTD in 2026 INVESTMENT o Acquired 17 auto service centers and six drive-thru QSRs ACTIVITY o More than $125 million of investments under contract; majority expected to close over 12 months (1) o Q1 20
Slide 5: Company
Slide 6: One of the Nation's Largest Owners of Freestanding Convenience and Automotive Retail Properties
ONE OF THE NATION’S LARGEST OWNERS OF FREESTANDING CONVENIENCE AND AUTOMOTIVE RETAIL PROPERTIES 1,191 45 $225M Properties States ABR PROPERTY TYPES LOCATIONS TENANTS Convenience Stores Nationwide Multi Store Operators Express Tunnel Car Washes High Density Metro Areas National and Regional Brands Au
Slide 7: Experts in Originating, Underwriting, and Executing Real Estate Transactions
EXPERTS IN ORIGINATING, UNDERWRITING, AND EXECUTING REAL ESTATE TRANSACTIONS IN OUR TARGETED RETAIL SECTORS INVESTMENT FOCUS TENANT RELATIONSHIPS o Highly fragmented retail sectors o Direct dialogue with growing retailers o Durable consumer business models o Align with tenant “buy & build” strategie
Slide 8: Growing Earnings and Dividends Per Share
GROWING EARNINGS AND DIVIDENDS PER SHARE, WHILE MAINTAINING PORTFOLIO STABILITY… AFFO PER SHARE DIVIDENDS PER SHARE $2.43 $1.90 $2.34 $1.82 $2.25 $1.74 $2.14 $1.66 $2.08 $1.58 $1.50 $1.94 $1.42 $1.80 2019 2020 2021 2022 2023 2024 2025 2019 2020 2021 2022 2023 2024 2025 OCCUPANCY RENT COLLECTIONS TEN
Slide 9: Diversifying Across Property Type, Geography and Tenant
…AND DIVERSIFYING ACROSS PROPERTY TYPE, GEOGRAPHY AND TENANT PROPERTY TYPE (% ABR) December 31, 2019 March 31, 2026 <1% 1% 3% Convenience Stores + Car Wash 7% <1% 15% in 2019 <1% Express Tunnel Car Washes 7% <1% 945 Sites 1,191 Sites Auto Service Centers $117M $225M ABR + Auto Service 63% Drive Thru
Slide 10: Demonstrated Capital Allocation and Balance Sheet Management Capabilities
DEMONSTRATED CAPITAL ALLOCATION AND BALANCE SHEET MANAGEMENT CAPABILITIES CAPITAL RAISED ($M) (1)(2) CAPITAL DEPLOYED ($M) $309 $327 $172M unsettled $294 ~$125M assets forward equity under contract $269 $252 $200 $209 $159 $149 $145 $158 $134 $120 $92 $86 $34 2019 2020 2021 2022 2023 2024 2025 2026
Slide 11: Portfolio
Slide 12: Freestanding Retail Properties Offering Essential Goods and Services
FREESTANDING RETAIL PROPERTIES OFFERING ESSENTIAL GOODS AND SERVICES CONVENIENCE & AUTOMOTIVE RETAIL REAL ESTATE PROPERTY TYPES PROPERTY ATTRIBUTES o Convenience Stores o New builds / latest prototypes o Express Tunnel Car Washes o Easy access o Auto Service Centers o High visibility – Collision Rep
Slide 13: National Footprint With Concentrations in High Density Metropolitan Areas
NATIONAL FOOTPRINT WITH CONCENTRATIONS IN HIGH DENSITY METROPOLITAN AREAS 1,191 45 61% 68% FREESTANDING STATES TOP 50 MSAs CORNER MARKET SPOTLIGHT: DALLAS (TX) PROPERTIES LOCATIONS MSA Rank: 4 Population: 8.5 million 2020-25 Population Growth: 11.0% (1) GTY ABR (1.6% of total) $2.4M $0.9M $0.3M C-St
Slide 14: Growing Convenience Retailers and Automotive Service Providers
GROWING CONVENIENCE RETAILERS AND AUTOMOTIVE SERVICE PROVIDERS TENANT PROFILE CREDIT ENHANCEMENTS MULTI-STORE OPERATORS SECTOR SELECTION $225 MILLION ABR o Scale and purchasing power o Essential retail businesses o Strong credit profiles o E-commerce and recession resistant 99.7% OCCUPIED o Growth o
Slide 15: Representative Investment: Convenience Stores
REPRESENTATIVE INVESTMENT: CONVENIENCE STORES INVESTMENT SUMMARY Transaction Type: Sale Leaseback # of Properties: 12 Transaction Value: $100.0 million Location: Houston (TX) Lease Term: 15.0 years Rent Escalation: 10% / 5 years UW Rent Coverage (1): 2.3x INVESTMENT HIGHLIGHTS TENANT PROFILE Cohes
Slide 16: Representative Investment: Express Tunnel Car Washes
REPRESENTATIVE INVESTMENT: EXPRESS TUNNEL CAR WASHES INVESTMENT SUMMARY Transaction Type: Sale Leaseback # of Properties: 2 Transaction Value: $11.1 million Location: Dallas (TX) Lease Term: 20.0 years Rent Escalation: 2.0% annual UW Rent Coverage (1): 2.7x INVESTMENT HIGHLIGHTS TENANT PROFILE Lar
Slide 17: Representative Investment: Auto Service Centers
REPRESENTATIVE INVESTMENT: AUTO SERVICE CENTERS INVESTMENT SUMMARY Transaction Type: Development Funding # of Properties: Up to 11 Transaction Value: Up to $82.5 million Location: Various Lease Term: 15.0 years Rent Escalation: 2.0% annual UW Rent Coverage (1): 2.5x INVESTMENT HIGHLIGHTS TENANT PROF
Slide 18: Representative Investment: Drive Thru Quick Service Restaurants
REPRESENTATIVE INVESTMENT: DRIVE THRU QUICK SERVICE RESTAURANTS INVESTMENT SUMMARY Transaction Type: Sale Leaseback # of Properties: 14 Transaction Value: $17.7 million Location: Georgia, South Carolina Lease Term: 20.0 years Rent Escalations: 10% / 5 years UW Rent Coverage (1): 2.2x INVESTMENT HIGH
Slide 19: Completed Redevelopment Projects Totaling $24.0 Million
COMPLETED 34 REDEVELOPMENT PROJECTS TOTALING $24.0 MILLION AT 15% INCREMENTAL YIELDS PROPERTY TYPE: Auto Service DEVELOPMENT TYPE: Ground Lease TOTAL INVESTMENT: $1.2 million INCREMENTAL YIELD: 11.5% LOCATION: Philadelphia (PA) PROPERTY TYPE: Drive Thru Retail DEVELOPMENT TYPE: Ground Lease TOTAL IN
Slide 20: Balance Sheet and Other
Slide 21: Ample Liquidity and Flexible Capital Structure Support Portfolio Growth Objectives
AMPLE LIQUIDITY AND FLEXIBLE CAPITAL STRUCTURE SUPPORT PORTFOLIO GROWTH OBJECTIVES ACCESS TO CAPITAL BBB- 5.1x 36% 33% o $4 million cash o $172 million unsettled forward equity FITCH NET DEBT DEBT TO TOTAL DEBT TO TOTAL o $450 million Revolver capacity RATED TO EBITDA ASSET VALUE CAPITALIZATION CAPI
Slide 22: Accretive Investment Activity Drives Earnings Growth Throughout the Year
ACCRETIVE INVESTMENT ACTIVITY DRIVES EARNINGS GROWTH THROUGHOUT THE YEAR o Getty provides earnings guidance excluding prospective investment activity o Earnings guidance typically increases throughout the year as capital is deployed and transactions close o Since 2021, annual AFFO per share growth h
Slide 23: Commitment to Good Corporate Citizenship and Business Practices
COMMITMENT TO GOOD CORPORATE CITIZENSHIP AND BUSINESS PRACTICES THAT SERVE ALL STAKEHOLDERS ENVIRONMENTAL STEWARDSHIP SOCIAL RESPONSIBILITY CORPORATE GOVERNANCE o We place a high priority on the protection o We believe that our people are the o We are dedicated to maintaining high of our assets and
Slide 24: Definitions
CONVENIENCE AUTOMOTIVE RETAIL DEFINITIONS
Slide 25: Non-GAAP Financial Measures
NON-GAAP FINANCIAL MEASURES Funds from Operations (FFO) and Adjusted Funds from Operations (AFFO). In addition The Company believes that FFO and AFFO are helpful to analysts and investors in to measurements defined by accounting principles generally accepted in the United measuring the Company’s per
Slide 26: Other Metrics and Definitions
OTHER METRICS AND DEFINITIONS Annual Base Rent (ABR). Contractually specified annual base rent in effect Incremental Yield. For redevelopment projects, the amount of incremental for all leases that have commenced as of the date noted, including those rent generated by the redeveloped property divide
Slide 27: Supplemental Information
CONVENIENCE AUTOMOTIVE RETAIL SUPPLEMENTAL INFORMATION
Slide 28: Top Tenants
TOP TENANTS TOP 20 TENANTS # Tenant Sector $ ABR % of ABR # Tenant Sector $ ABR % of ABR 1 ARKO C-Store $ 25.5 11.4% 11 Casey’s General Stores C-Store $ 6.2 2.8% 2 Global Partners C-Store 22.4 10.0 12 Main Street Auto Auto Service 5.0 2.2 3 United Pacific C-Store 17.6 7.8 13 LV Petroleum C-Store 4.9
Slide 29: Top Markets
TOP MARKETS TOP 20 METRO AREAS TOP 20 STATES # Metro Area $ ABR % of ABR # State $ ABR % of ABR 1 New York / New Jersey $ 28.0 12.5% 1 Texas $ 37.2 16.6% 2 Houston 14.5 6.4 2 New York 33.4 14.9 3 Washington D.C. 13.4 6.0 3 South Carolina 11.1 4.9 4 Boston 9.5 4.2 4 Virginia 11.0 4.9 5 Columbia (SC)
Slide 30: Lease Expirations
LEASE EXPIRATIONS LEASE EXPIRATION SCHEDULE (% of ABR) o 99.7% occupied o 10.1 years WALT 53.1% 8.5% 9.1% 5.7% 5.2% 5.2% 4.0% 2.9% 3.8% 0.9% 1.6% 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 2036+ 30
Slide 31: Rent Escalations
RENT ESCALATIONS RENT ESCALATIONS (% of ABR) o 99.0% subject to rent escalation 64.9% o 1.8% annualized rent escalation rate 27.0% 6.7% 0.2% 0.2% 1.0% Annual Every 3 or 4 Years Every 5 Years Every 3 Years Every 5 Years None Fixed = 92.1% CPI = 6.9% 31
Slide 32: Rent Coverage
RENT COVERAGE RENT COVERAGE (% of ABR) o 74% site level reporting requirements o 2.5x tenant rent coverage 26.6% 20.0% 13.0% 13.5% 11.8% 8.0% 6.4% 0.5% 0.1% < 1.00x 1.00x - 1.49x 1.50x - 1.99x 2.00x - 2.49x 2.50x - 2.99x > 3.00x Not Yet Public Company No Reporting Available (1) Reporting Site level
Slide 33: Redevelopment Activity
REDEVELOPMENT ACTIVITY IN-PROGRESS REDEVELOPMENTS ($000s) Anticipated Total Investment as of Market Property Type Investment (1) 3/31/2026 Expected Completion New York/New Jersey Auto Service $ 383 $ 194 2026 New York/New Jersey Auto Service 557 71 2027 New York/New Jersey Auto Service 454 46 2027 W
Slide 34: Debt and Credit Metrics
DEBT AND CREDIT METRICS REVOLVER CAPITALIZATION AND LEVERAGE Capacity / Drawn: $450.0 / $0.0 Market value of common equity $ 2,063.7 Pricing: Adj. SOFR + 130 bps Total debt outstanding 1,000.0 Maturity: January 2029 Total capitalization $ 3,063.7 Extensions: Two 6-month Less: cash (3.7) Enterprise v
Slide 35: Revenues From Rental Properties and Property Costs
REVENUES FROM RENTAL PROPERTIES AND PROPERTY COSTS REVENUES FROM RENTAL PROPERTIES $ in thousands Three Months Ended March 31, 2026 2025 Rental Income Base rent (1) $ 55,765 $ 49,622 Additional rent (2) 239 240 Deferred rental revenue (straight-line rent) 1,766 1,949 Amortization of intangible marke
Slide 36: FFO and AFFO Reconciliation
FFO AND AFFO RECONCILIATION RECONCILIATION OF NET EARNINGS TO FFO AND AFFO $ in thousands, except per share amounts Three Months Ended March 31, 2026 2025 Net earnings $ 26,629 $ 14,786 Depreciation and amortization of real estate assets 16,273 16,041 Gain on dispositions of real estate (1,729) (328
Slide 37: Getty Realty Corp.
CONVENIENCE AUTOMOTIVE RETAIL Getty Realty Corp. 292 Madison Avenue 9th Floor New York, NY 10017 646-349-6000