GLOBAL NET LEASE TO HOST CONFERENCE CALL AND Q&A TO DISCUSS BENEFITS OF MERGER AND INTERNALIZATION TRANSACTION

ISS Acknowledges Error in Their Original Analysis; Issues Corrected Report on the GNL Merger and Internalization 

NEW YORK, Sept. 5, 2023 /PRNewswire/ -- Global Net Lease, Inc. (NYSE: GNL) ("Global Net Lease", "GNL" or the "Company") announced today that it will host a conference call and webcast on Tuesday, September 5, 2023, at 2:30pm ET to discuss the benefits and industrial logic of the proposed merger between GNL and The Necessity Retail REIT, Inc. (NASDAQ: RTL) ("Necessity Retail REIT" or "RTL") and the immediate internalization of both GNL's and RTL's current advisory and property management functions as a part of the proposed transaction. The Company will also address ISS's recent GNL report and its admitted error and associated misstatements in its original analysis of the transaction. ISS's corrected report now acknowledges that the internalization consideration is in fact within the range of values observed in precedent internalization transactions, which was utilized to evaluate the fairness of the transaction, consistent with the disclosures found in GNL's and RTL's joint proxy statement.

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