NEW YORK, June 17, 2025 ~ W. P. Carey, a leading net lease REIT, has recently released its 2024 Corporate Responsibility Report, showcasing the company's progress and achievements in environmental, social, and governance initiatives. The report was prepared in accordance with the disclosure standards set by the Task Force on Climate-related Financial Disclosures (TCFD) and Global Reporting Initiative (GRI) and is available for viewing and download on W. P. Carey's website.

One of the notable highlights of the report is W. P. Carey's pursuit of solar opportunities through its CareySolar® program, which has increased the total solar capacity in its portfolio to approximately 30 megawatts (MW). The company also completed its inaugural double materiality assessment and continued to prioritize green leasing, with over 30% of leases now including green lease provisions.

In addition, W. P. Carey established its first emissions reduction target for Scope 1 and 2 greenhouse gas emissions and increased tenant enrollment in electricity usage data reporting to over 60% of portfolio square footage. The company also completed its first carbon-neutral construction project.

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W. P. Carey has also received recognition for its efforts in corporate responsibility, including being certified as a Great Place to Work® in the U.S. for the third consecutive year and in the Netherlands for the first time. The company also maintained a "1" Governance QualityScore Rating from Institutional Shareholder Services.

Jason Fox, Chief Executive Officer and President of W.P. Carey, expressed his satisfaction with the company's progress towards their corporate responsibility goals: "Guided by our commitments to Investing for the Long Run and Doing Good While Doing Well, we've made significant strides in advancing our corporate responsibility goals—efforts that support our core business objectives and future growth."

W.P. Carey Inc., which ranks among the largest net lease REITs, currently holds a diversified portfolio of high-quality commercial real estate properties covering approximately 177 million square feet. The company's portfolio also includes 78 self-storage operating properties as of March 31, 2025. With offices in New York, London, Amsterdam, and Dallas, W.P. Carey focuses on investing in single-tenant industrial, warehouse, and retail properties in the U.S., Northern Europe, and Western Europe under long-term net leases with built-in rent escalations.

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For more information about W.P. Carey and its corporate responsibility efforts, visit their website at www.wpcarey.com.

This press release may contain forward-looking statements within the meaning of the Federal securities laws. These statements are based on current expectations and beliefs and involve risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For a detailed discussion of these risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

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