Amendment to Credit Agreement

Broadstone Net Lease, Inc. has entered into Amendment No. 2 to its Amended and Restated Credit Agreement. This amendment provides for additional term loans totaling $300,000,000, which will mature on January 30, 2030. The amendment also includes a reduction in the applicable interest rate margin for existing and new term loans. The company has the option to extend the new term loan facility twice for twelve months each, subject to certain conditions and fees. Additionally, the applicable margin for Revolving Loan Facility borrowings and Term Loan Facility borrowings has been adjusted based on the company's credit rating. The company also entered into the Third Amendment to Term Loan Credit Agreement to conform certain provisions to the Amended and Restated Credit Agreement.