Net Lease Office Properties — Director's Dealing 2025

Sep 25, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Net Lease Office Properties (NLOP)
CIK: 0001952976
Period of Report: 2025-09-24

Reporting Person: PINOLA RICHARD J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-09-24	Common Stock	P	1012	$29.4882	Acquired	13220.74	Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $29.435 to $29.600. The price reported above reflects the weighted average purchase price. The reporting person hereby
undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

F2: Includes 44.74 shares previously acquired under a dividend reinvestment program.