Merrie Frankel

Currently holds a position at Agree Realty Corp

3.5

3.5

Position	Company	Period
Independent Director	Agree Realty Corp	Oct. 1, 2016 -

• Purchase • Sale • Planned purchase • Planned sale Net purchase Net sale Activity signal Earnings

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Abbreviations B: Buy, S: Sell, PP: Planned purchase, PlS: Planned sale, PrS: Proposed sale, O: Option / Other

Notification date	Transaction date	Company	B/S Transaction type	Nb. shares Price Value	Number of shares	Price	Value
2021-10-08	2021-10-08	Agree Realty Corp (ADC)	B Purchase	86,809 -47.5% 288.83 US$1,126,125	86,809 -47.5%	288.83	US$1,126,125
2021-10-05	2021-10-05	Agree Realty Corp (ADC)	B Purchase	29,881 +8.8% 281.90 US$1,323,247	29,881 +8.8%	281.90	US$1,323,247
2021-10-05	2021-10-05	Agree Realty Corp (ADC)	B Purchase	73,953 -46.2% 180.04 US$4,461,295	73,953 -46.2%	180.04	US$4,461,295
2020-04-06	2020-04-03	Agree Realty Corp (ADC)	B Purchase	100 +3.8% 56.92 US$5,692	100 +3.8%	56.92	US$5,692
2020-04-06	2020-04-03	Agree Realty Corp (ADC)	B Purchase	500 +23.7% 56.48 US$28,240	500 +23.7%	56.48	US$28,240
2020-03-18	2020-03-17	Agree Realty Corp (ADC)	B Purchase	300 +16.6% 57.33 US$17,199	300 +16.6%	57.33	US$17,199