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Essential Properties AG真人官方ty Trust, Inc. Announces Executive Promotions

PRINCETON, N.J.--(BUSINESS WIRE)-- Today, Essential Properties AG真人官方ty Trust, Inc. (NYSE: EPRT) (the 鈥淐ompany鈥� or 鈥淓PRT鈥�) announced the promotion of three executives. Max Jenkins has been promoted to EVP, Chief Operating Officer. AJ Peil, CFA has been promoted to EVP, Chief Investment Officer. Robert Salisbury, CFA has been promoted to SVP, Head of Corporate Finance and Strategy.

Pete Mavoides, the Company鈥檚 President and Chief Executive Officer, said, 鈥淲e are pleased to recognize these three senior leaders for their contributions as partners in the business. As the Company has grown, we have broadened the executive team to strengthen our foundation for sustained growth and long-term shareholder value creation.鈥�

About Essential Properties AG真人官方ty Trust, Inc.

Essential Properties AG真人官方ty Trust, Inc. is an internally managed REIT that acquires, owns and manages primarily single- tenant properties that are net leased on a long-term basis to companies operating service-oriented or experience-based businesses. As of December 31, 2024, the Company鈥檚 portfolio consisted of 2,104 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio of 3.5x. In addition, as of December 31, 2024, the Company鈥檚 portfolio was 99.7% leased to 413 tenants operating 592 different concepts in 16 industries across 49 states.

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Investor/Media

Essential Properties AG真人官方ty Trust, Inc.

Robert W. Salisbury, CFA

Senior Vice President, Head of Corporate Finance & Strategy

609-436-0619

[email protected]

Source: Essential Properties AG真人官方ty Trust, Inc.