American Strategic Investment Co. announced that Edward M. Weil, Jr., chief executive officers, president and secretary and Christopher J. Masterson, the Company?s chief financial officer and secretary notified the Company?s board including the members of its nominating and corporate governance committee of their intent to resign their respective officer positions upon the closing of a merger between Global Net Lease Inc. and the Necessity Retail REIT Inc., two entities presently advised by affiliates of the Company?s advisor. If the merger is not completed, each of Messrs.

Weil and Masterson intend to continue in their respective positions with the Company.