WPC

• AFFO per diluted share was $1.34, up 4.7% from $1.28 in Q2 2025.
• 2026 AFFO guidance raised and narrowed to $5.19–$5.27 per diluted share; investment volume assumption raised to $1.7–$2.1 billion.
• Quarterly dividend increased to $0.940 per share, annualized at $3.76, a 4.4% increase year over year.
• Investment volume of $706.5 million completed in Q2; gross disposition proceeds of $83.7 million in Q2.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• On July 2, 2026, W. P. Carey Inc. completed a public offering of $350 million aggregate principal amount of 5.200% Senior Notes due 2036.
• Net proceeds will be used to repay the $350 million of 4.250% Senior Notes due October 2026, and for general corporate purposes, including potential investments and repayment of other debt.
• The notes are unsecured, unsubordinated obligations, ranking equally with all existing and future unsecured and unsubordinated indebtedness.
• The offering was made under an automatic shelf registration statement and a final prospectus supplement dated June 29, 2026.

1.01 Entry into a Material Definitive Agreement · 9.01 Financial Statements and Exhibits

• The Notes were priced at 99.015% of principal, with interest paid semi-annually on March 15 and September 15 beginning March 15, 2027.
• The offering is expected to settle on July 2, 2026, subject to customary closing conditions.
• Net proceeds will be used to repay $350 million of 4.250% Senior Notes due October 2026 and for general corporate purposes, including potential investments and repayment of other indebtedness.
• Wells Fargo Securities, RBC Capital Markets, U.S. Bancorp Investments, and BBVA Securities acted as joint book-running managers.

1.01 Entry into a Material Definitive Agreement · 8.01 Other Events · 9.01 Financial Statements and Exhibits

• W. P. Carey net leases 16 properties to Hellweg, representing total annualized base rent of approximately $15.2 million as of June 16, 2026.
• Hellweg has paid rent through the end of May 2026; W. P. Carey holds bank guarantees covering three months of rent.
• W. P. Carey has binding agreements to lease eight of the 16 stores to other home improvement operators, representing ABR of about $7.4 million, with leases commencing upon Hellweg lease termination and downtime/free rent of three to nine months.
• W. P. Carey maintains its 2026 AFFO guidance of $5.16 to $5.26 per diluted share, reflecting estimated potential rent loss of $8 million to $12 million from tenant credit events.
• The company is in active negotiations for re-lease or sale of a majority of the remaining eight stores.

7.01 Regulation FD Disclosure · 8.01 Other Events

• All nine director nominees were elected, with each receiving over 141 million votes for and broker non-votes of 30,606,501.
• Non-binding advisory say-on-pay proposal passed with 143,555,213 votes for, 9,541,402 against, and 2,295,830 abstentions.
• Advisory vote on frequency of executive compensation favored 1 year (148,581,678 votes) over 2 years (323,189) and 3 years (4,398,511).
• Ratification of PricewaterhouseCoopers LLP as independent auditor for fiscal year 2026 passed with 172,777,010 votes for.

5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits

• Approximately $400 million of that volume was completed after the company reported Q1 2026 results on April 28, 2026.
• On May 8, 2026, W. P. Carey closed a sale-leaseback of a 43-property manufacturing portfolio with GardenCore (formerly Oldcastle Lawn & Garden), a U.S. manufacturer of lawn and garden products.
• The GardenCore portfolio is triple-net master leased for 20 years with fixed annual rent escalations and spans 24 states, representing all of GardenCore's owned real estate.
• W. P. Carey has visibility into approximately $1.5 billion of total investment volume for 2026, including completed volume and scheduled commitments.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• AFFO per diluted share was $1.30, up 11.1% from $1.17 in the prior-year quarter.
• The company raised its 2026 AFFO guidance to $5.16–$5.26 per diluted share, citing higher expected investment volume of $1.5–$2.0 billion.
• Investment volume year to date totaled $682.0 million, including $585.3 million in Q1 and $96.7 million after quarter end.
• The quarterly dividend was increased to $0.930 per share, an annualized rate of $3.72, a 4.5% increase year over year.

2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits

• Geographically, 45% of Q1 volume was in Europe, 35% in Canada, and the balance in the U.S.
• The largest investment was an approximately $210 million sale-leaseback of 14 auto dealerships in Western Canada, net leased to Go Auto, Canada's second-largest automotive dealership group.
• On March 11, 2026, W. P. Carey amended its credit agreement, replacing a €215 million term loan with a new CAD$347 million term loan at Term CORRA + 80 basis points (all-in rate ~3.1% as of March 30).
• The company has approximately $170 million in capital investments and commitments scheduled to complete during the remainder of 2026.

7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits