Broadstone Net Lease, Inc.

(a)

Agreements with CEO, COO, and CFO

On October 28, 2026, the Company entered into an amended and restated employment agreement with Chief Executive Officer John Moragne, an amended and restated employment agreement with Chief Operating Officer Ryan Albano, and an employment agreement with Chief Financial Officer Kevin Fennell (each, an “Employment Agreement”). The Employment Agreements take effect January 1, 2027 and have a term ending December 31, 2029. In each case, the Employment Agreement replaces an employment agreement, as amended in 2023, or severance protection agreement between the executive and the Company, as applicable, that was set to expire on December 31, 2026. Aside from the new term described above and certain administrative and technical updates, the provisions of the Employment Agreements with Mr. Moragne and Mr. Albano are substantially consistent with those in their current employment agreements, as amended, and previously described in the Company’s annual meeting proxy statement, filed with the Securities and Exchange Commission on Form DEF 14A on March 20, 2026 (the “2026 Annual Meeting Proxy Statement”) (available here). For Mr. Fennell, the Employment Agreement provides additional terms and conditions regarding Mr. Fennell’s employment with the Company in a manner similar to the Employment Agreements for Mr. Moragne and Mr. Albano, but was not previously covered by his existing severance protection agreement. The terms and conditions of his severance rights are substantially consistent with those of his prior agreement, as described in the 2026 Annual Meeting Proxy Statement.

Change in Control Severance Policy

Effective as of January 1, 2027, the Company also amended its Change in Control Severance Protection Policy (the “CIC Severance Policy”), in which all employees of the Company who are not party to an individual employment agreement participate, including named executive officers Michael Caruso (SVP, Real Estate Operations) and Jennie O’Brien (SVP, Chief Accounting Officer). The CIC Severance Policy sets forth the Company’s policy on the provision of severance payments and benefits under specified “qualifying termination” conditions in connection with and following a Change in Control (as defined in the amended CIC Severance Policy). The terms and conditions of the amended CIC Severance Policy remain substantially consistent with those of the prior policy, as described in the 2026 Annual Meeting Proxy Statement, except that the applicable time period for the post-transaction portion of the “Change in Control Protection Period” was increased from 12 to 24 months for all participants, and the time periods of the “Severance Period” were increased to a minimum of 12 months for all participants, including an increase from 12 to 24 months for participants at the level of Senior Vice President.

The foregoing descriptions of the updates reflected in the Employment Agreement for each of Mr. Moragne, Mr. Albano and Mr. Fennell and the amended CIC Severance Policy are summaries and are qualified in their entirety by reference to the full terms of each Employment Agreement and the amended CIC Severance Policy, which are attached hereto as Exhibits 10.4, 10.5, 10.6, and 10.7, respectively, and are incorporated by reference herein.

(b) Not Applicable

(c) None of our officers or directors adopted orterminated any contract, instruction, or written plan for the purchase or sale of our securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) or any non-Rule 10b5-1 trading arrangement.