Agree Realty Corporation (NYSE: ADC) (the "Company") today announced the release of its 2024 Sustainability Report. The report highlights the Company's environmental, social and governance ("ESG") initiatives and is aligned with the ISSB IFRS S1 and S2 disclosure standards.

"I'm very pleased to release our fifth annual Sustainability Report," said Joey Agree, President and Chief Executive Officer. "We continue to make considerable progress on our ESG initiatives, as we enhanced our reporting to further align with the ISSB IFRS S1 and S2 disclosure standards, increased our proactive outreach and engagement with our tenants, and further integrated green leases into our portfolio. These efforts have expanded data coverage for our portfolio, resulting in more comprehensive reporting of GHG emissions and the achievement of Gold-level recognition from Green Lease Leaders for the third consecutive year. We remain focused on operating our business sustainably and engaging with our tenants and key stakeholders on sustainability as we believe it is critical to creating long-term value for all our stakeholders."

The report can be viewed and downloaded from the Company’s website at www.agreerealty.com/sustainability-report-2024.

About Agree Realty Corporation

Agree Realty Corporation is a publicly traded real estate investment trust that is RETHINKING RETAIL through the acquisition and development of properties net leased to industry-leading, omni-channel retail tenants. As of September 30, 2025, the Company owned and operated a portfolio of 2,603 properties, located in all 50 states and containing approximately 53.7 million square feet of gross leasable area. The Company’s common stock is listed on the New York Stock Exchange under the symbol “ADC”. For additional information on the Company and RETHINKING RETAIL, please visit www.agreerealty.com.

Forward-Looking Statements

This press release may contain forward-looking statements, including statements about the future impact of the Company’s current ESG initiatives, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995 and includes this statement for purposes of complying with these safe harbor provisions. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, are generally identifiable by use of the words “anticipate,” “estimate,” “should,” “expect,” “believe,” “intend,” “may,” “will,” “seek,” “could,” “project” or other similar expressions. You should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company’s control and which could materially affect the Company’s results of operations, financial condition, cash flows, performance or future achievements or events. Factors which may cause actual results to differ materially from current expectations include, but are not limited to, the factors included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024, including those set forth under the headings “Business,” “Risk Factors,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and subsequent quarterly reports filed with the SEC. The forward-looking statements included in this press release are made as of the date hereof. Unless legally required, the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events, changes in the Company’s expectations or assumptions or otherwise.

For further information about the Company’s business and financial results, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, its Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which may be obtained at the Investor Relations section of the Company’s website at www.agreerealty.com.

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