FrontView REIT, Inc. (the “Company”) was formed on June 23, 2023 as a Maryland corporation and elected to be taxed as a real estate investment trust (“REIT”) commencing with its short taxable year ended December 31, 2024. FrontView Operating Partnership LP (the “OP”) is the entity through which the Company conducts its business and owns all of the Company's properties either directly or indirectly through subsidiaries. The Company is the sole general partner of the OP. The units not owned by the Company in the OP are referred to as OP Units or non-controlling interests.

The Company is an umbrella partnership real estate investment trust (“UPREIT”) structure with a publicly-traded REIT and is an internally-managed net-lease REIT that acquires, owns and manages primarily properties with frontage that are net leased to a diversified group of tenants. The Company is differentiated by an investment approach focused on properties that are in prominent locations with direct frontage on high-traffic roads that are highly visible to consumers. As of June 30, 2026, the Company owned a well-diversified portfolio of 316 properties with direct frontage across 35 U.S. states.

The following table summarizes the outstanding equity and economic ownership interest of the Company:


	June 30, 2026									December 31, 2025
	Shares of Common Stock			OP Units			Total Shares			Shares of Common Stock			OP Units			Total Shares
Ownership Interest		23,650,757			5,214,345			28,865,102			22,111,165			5,766,866			27,878,031
Percent Ownership of OP		81.9	%		18.1	%		100.0	%		79.3	%		20.7	%		100.0	%