Blackwells Capital Issues Presentation Highlighting Compelling Combination of Global Net Lease and The Necessity Retail REIT

NEW YORK–(BUSINESS WIRE)–Blackwells Capital LLC (together with its affiliates, “Blackwells”), an alternative investment management firm that is a shareholder of both Global Net Lease Inc. (NYSE: GNL) (“Global Net Lease,” “GNL” or the “Company”) and The Necessity Retail REIT Inc. (NASDAQ: RTL) (“Necessity Retail REIT” or “RTL”), today issued a presentation that describes Blackwells’ rationale for supporting the proposed merger of GNL and RTL. The compelling combination will result in a pro forma entity with nearly $10 billion in real estate assets, making GNL one of the largest publicly traded net lease REITs. Blackwells expects that the increased scale, diversity and efficiency, combined with internalization of management and impressive governance enhancements, will position the Company to create immediate and long-term value for all shareholders.

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