Getty Realty Corp (GTY) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2015

Exhibit 99.1

RELEASE: IMMEDIATE

GETTY REALTY CORP. ANNOUNCES FOURTH QUARTER AND FULL YEAR 2015 RESULTS

- Increase in Annual AFFO per Share -

- Provides 2016 Annual AFFO per Share Guidance -

JERICHO, NY, March 9, 2016

Highlights for the Fourth Quarter Ended December 31, 2015:

“We produced another strong year of Adjusted Funds from Operations per share growth, and we are continuing to position the Company to extract additional value as we move forward,” stated Christopher J. Constant, Getty’s Chief Executive Officer. “During 2015, we increased our net lease portfolio by more than 100 properties through a combination of targeted acquisition and repositioning activities. At the same time, we reduced the number of our transitional properties by more than 75% during the year. When we combine our 2015 achievements with our ongoing efforts to maximize the value of certain of our properties though select redevelopment, we are well positioned to enhance long-term shareholder value.”

Net Earnings:

The Company reported net earnings for the quarter ended December 31, 2015 of $19.9 million, or $0.59 per share, as compared to a net loss of $3.1 million, or $0.10 per share, for the quarter ended December 31, 2014. The Company reported net earnings for the year ended December 31, 2015 of $37.4 million, or $1.11 per share, as compared to net earnings of $23.4 million, or $0.69 per share, for the year ended December 31, 2014. Net earnings for the quarter and year ended December 31, 2015 included distributions from the Marketing Estate (as defined below) of approximately $10.8 million and $18.2 million, or $0.32 per share and $0.54 per share, respectively.

All per share amounts in this press release are presented on a fully diluted per common share basis, unless stated otherwise. AFFO and FFO are defined and reconciled to net earnings in the financial tables at the end of this release. Beginning in the fourth quarter of 2014, the Company revised its definition of AFFO, see “Non-GAAP Financial Measures” below.