STAG Industrial (STAG) Investor presentation summary

Leasing activity

• Q3 2026 reported leasing: 3.6 million sq. ft. total, including 1.0 million new and 2.6 million renewal; cash rent change +23.8%.

• Q4 2026 first look: 3.1 million sq. ft. total, including 0.9 million new and 2.2 million renewal; cash rent change +20.0%.

• 2026 YTD first look through Nov. 6: 18.3 million sq. ft. total, including 4.4 million new and 13.9 million renewal; cash rent change +21.0%.

• YTD straight-line rent change +36.5%, weighted average lease term 5.8 years, retention 75% and adjusted retention 78%.

• 42.8% of expected 2027 leasing addressed across 7.3 million sq. ft.; cash rent change 12.2%, or 17.3% excluding fixed renewals. FY 2027 cash rent change expected at ~15%.

Development leasing

• YTD, nine leases totaling 1.0 million sq. ft. of warehouse and distribution space were executed and/or commenced across development projects.

Balance sheet and liquidity

• Estimated liquidity at Nov. 5, 2026 was $490.4 million, comprising $13.6 million cash and $476.8 million undrawn revolver capacity.

• Credit ratings: Fitch BBB/Stable, Moody’s Baa2/Stable and S&P BBB/Stable.

• Total weighted average interest rate was 4.42% and weighted average debt maturity was 4.2 years, based on Q3 2026 information.

• Debt maturity schedule assumes exercise of extension options at management’s discretion, subject to conditions; debt notional includes the outstanding revolver balance as of Sept. 30, 2026.