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    Daniel GuilhelmaCapital One Securities, Inc.

    Daniel Guilhelma's questions to FrontView REIT Inc (FVR) leadership

    Daniel Guilhelma's questions to FrontView REIT Inc (FVR) leadership • Q2 2025

    Question

    Daniel Guilhelma asked about the share price level that would trigger a shift from capital recycling to more aggressive acquisitions and inquired about how broker relationships are being managed following a change in leadership.

    Answer

    CFO Pierre Revolt indicated the pivot to acquisitions depends on achieving an attractive spread to their cost of capital, rather than a specific stock price. CEO Steve Preston assured that the existing team, in place since the IPO, has always handled the bulk of acquisitions and continues to manage key relationships.

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