(Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June30, 2026OR☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Global Net Lease, Inc. 45-2771978 (Stateorother jurisdiction ofincorporationororganization) (I.R.S.EmployerIdentificationNo.) (Addressofprincipalexecutiveoffices) (Zip Code) (332) 265-2020 (Registrant’stelephonenumber,includingareacode) Securities registered pursuant to section 12(b) of the Act:Title of each class Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities ExchangeAct of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) hasbeen subject to such filing requirements for the past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant wasrequired to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☒Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐Yes☒NoAs of August3, 2026, the registrant had 210,930,100 shares of common stock outstanding. GLOBAL NET LEASE, INC. INDEX TO CONSOLIDATED FINANCIAL STATEMENTS PagePART I - FINANCIAL INFORMATIONItem 1. Financial StatementsConsolidated Balance Sheets as of June 30, 2026 (Unaudited) and December 31, 2025(Unaudited)2Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2026 and 2025 (Unaudited)3Consolidated Statements of Comprehensive(Loss) Income for the Three and Six Months Ended June 30, 2026 and 2025(Unaudited)4Consolidated Statements of Changes in Equity for the Three and Six Months Ended June 30, 2026(Unaudited)5Consolidated Statements of Changes in Equity for the Three and Six Months Ended June30, 2025(Unaudited)7Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2026 and 2025 (Unaudited)9Notes to Consolidated Financial Statements (Unaudited)11Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations41Item 3. Quantitative and Qualitative Disclosures About Market Risk57Item 4. Controls and Procedures57PART II - OTHER INFORMATIONItem 1. Legal Proceedings59Item 1A. Risk Factors59Item 2. Unregistered Sales of Equity Securities and Use of Proceeds59Item 3. Defaults Upon Senior Securities59Item 4. Mine Safety Disclosures59Item 5. Other Information60Item 6. Exhibits60Signatures61 GLOBAL NET LEASE, INC. CONSOLIDATED BALANCE SHEETS(In thousands, except share and per share data)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS(In thousands, except share and per share data)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF COMPREHENSIVE (LOSS) INCOME(In thousands)(Unaudited) The accompanying notes are an integral part of these consolidated financial statements. GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY(In thousands, except share data)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY(In thousands, except share data)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY(In thousands, except share data)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY(In thousands, except share data)(Unaudited) The accompanying notes are an integral part of these consolidated financial statements. GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) GLOBAL NET LEASE, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS(In thousands)(Unaudited) GLOBAL NET LEASE, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTSJune 30, 2026(Unaudited) Note 1 — Organization Global Net Lease, Inc. (the “Company”) is a real estate investment trust for United States (“U.S.”) federal income tax purposes(“REIT”) that focuses on acquiring and managing a global portfolio of income producing net lease assets across the U.S., and Western andNorthern Europe. As of June3