Red Robin Gourmet Burgers, Inc. Completes Second Sale-Leaseback Transaction With Essential Properties Realty Trust, Inc. - Seite 2

About Essential Properties Realty Trust, Inc. (NYSE: EPRT) 
Essential Properties Realty 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 June 30, 2023, the Company’s portfolio consisted of 1,742 freestanding net lease properties with a weighted average lease term of 14.0 years and a weighted average rent coverage ratio of 4.1x. In addition, as of June 30, 2023, the Company’s portfolio was 99.9% leased to 360 tenants operating 560 different concepts in 16 industries across 48 states.

Forward-Looking Statements 
Forward-looking statements in this press release regarding the Company’s use of proceeds from its recently completed Sale-Leaseback transaction, including anticipated debt repayment, capital investments, and potential stock repurchases; plans with respect to potential future Sale-Leaseback transactions involving the Company’s owned properties; and all other statements that are not historical facts are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on assumptions believed by the Company to be reasonable and speak only as of the date on which such statements are made. Without limiting the generality of the foregoing, words such as "expect," "believe," "anticipate," "intend," "plan," "project," "could," "should," "will," "outlook" or "estimate," or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. Except as required by law, the Company undertakes no obligation to update such statements to reflect events or circumstances arising after such date and cautions investors not to place undue reliance on any such forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the statements based on a number of factors, including but not limited to the following: changes in or the effectiveness of the Company‘s plans, operations and/or strategic initiatives, including plans with respect to the repayment of the Company’s debt, capital expenditures and stock repurchases; risks associated with our share repurchase program, including that we are not obligated to acquire any particular amount of our common stock thereunder; risks associated with and changes in the Company’s plans with respect to future Sale-Leaseback transactions, including changes in demand for our owned properties; and other risk factors described from time to time in the Company's Form 10-K, Form 10-Q, and Form 8-K reports (including all amendments to those reports) filed with the U.S. Securities and Exchange Commission.