Broadstone Net Lease, Inc. announced that, following 15 years of service to Broadstone Net Lease, Chairman of the Board and Co-Founder, Amy L. Tait, has elected not to stand for reelection to the Company’s Board of Directors at BNL’s next annual meeting, which the Company intends to hold in May 2021 (the “2021 Annual Meeting”). In order to provide sufficient time to conduct a search for a new director in time for the 2021 Annual Meeting, Ms. Tait notified the Company of her decision on January 5, 2021. Ms. Tait served as the Company’s Chief Executive Officer from inception through 2017 before transitioning into her current role as BNL’s non-executive Chairman of the Board. As part of the transition, BNL’s Board of Directors intends to appoint Laurie A. Hawkes, who currently serves as the Board’s Lead Independent Director, to serve as Chairman of the Board beginning at the 2021 Annual Meeting. Ms. Hawkes has served on BNL’s Board of Directors since 2016 and has more than 40 years of experience in the real estate industry, most recently serving as a co-founder, director, president, and chief operating officer of American Residential Properties, Inc.