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    **Company Achieves Strong Financial Performance in 2024**

    Getty Realty Corp., a leading net lease REIT focused on convenience and automotive retail real estate, has reported impressive financial results for the fourth quarter and full year of 2024. The company's strong investment and operating performance drove a 4% increase in Adjusted Funds From Operations (AFFO) per share.

    **Key Highlights**

    * Net earnings: $0.39 per share

    * Funds From Operations (FFO): $0.57 per share

    * AFFO: $0.60 per share

    * Invested $76.4 million across 21 properties at an 8.9% initial cash yield in Q4 2024

    * Full year highlights:

     + Net earnings: $1.25 per share

     + FFO: $2.21 per share

     + AFFO: $2.34 per share

     + Invested $209.0 million across 78 properties at an 8.3% initial cash yield

    **CEO's Perspective**

    "We are pleased to report strong fourth quarter investment and operating results, which helped the Company achieve a 4.0% increase in AFFO per share in 2024," stated Christopher J. Constant, Getty's President & Chief Executive Officer. "We have made significant progress towards our long-term growth and diversification objectives, and we are well-positioned to continue growing our portfolio, increasing our earnings, and creating shareholder value."

    **Financial Performance**

    * Net earnings: $22.3 million (Q4 2024) / $71.1 million (full year 2024)

    * FFO: $32.5 million (Q4 2024) / $123.9 million (full year 2024)

    * AFFO: $34.0 million (Q4 2024) / $130.8 million (full year 2024)

    **Investment Activity**

    Getty Realty Corp. has been active in the capital markets, raising approximately $290 million in 2024 and refinancing its credit facility earlier this year. The company has also committed nearly $240 million of equity and debt capital for future acquisitions.