Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(b)On January 5, 2021, Amy L. Tait, the Chairman of the Board of Directors (the "Board") of Broadstone Net Lease, Inc. (the "Company") informed the Company that she has decided to not stand for re-election as a director and to retire as director and Chairman of the Board at the end of her current term, which will expire at the Company's 2021 Annual Meeting of Stockholders (the "2021 Annual Meeting"). Ms. Tait's decision to not stand for re-election was not due to any disagreement with the Company on any matter relating to the Company's operations, policies, practices or otherwise.

To ensure a smooth transition of leadership following Ms. Tait's retirement, the Board intends to appoint Laurie A. Hawkes, who currently serves as the Board's Lead Independent Director, to succeed Ms. Tait as the Chairman of the Board, effective as of the conclusion of the 2021 Annual Meeting. Additionally, the Board intends to fill the vacancy on the Board resulting from Ms. Tait's retirement at the 2021 Annual Meeting.

Item 7.01 Regulation FD Disclosure

On January 11, 2021, the Company issued a press release providing an update on its acquisition and rent collection activity for the quarter ending December 31, 2020, as well as Ms. Tait's retirement. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information contained in this Item 7.01, including the information contained in the press release attached as Exhibit 99.1 hereto, is being "furnished" and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Reference to the Company's website in the press release attached as Exhibit 99.1 to this Current Report on Form 8-K does not incorporate by reference the information on such website into this Current Report on Form 8-K and the Company disclaims any such incorporation by reference.

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