NEPI ROCKCASTLE N.V - Results of election to receive a capital repayment or cash dividend

Results of election to receive a capital repayment or cash dividend

NEPI ROCKCASTLE N.V.
Incorporated and registered in the Netherlands
Registration number: 87488329
Share code: NRP
ISIN: NL0015000RT3
("NEPI Rockcastle" or "the Company")


RESULTS OF ELECTION TO RECEIVE A CAPITAL REPAYMENT OR CASH DIVIDEND

Shareholders are referred to the circular issued on Tuesday, 27 February 2024 and related announcements, in respect of
an election to receive the final dividend for the six months ended 31 December 2023 of 25.61 euro cents per share ("final
dividend") either:

(i)      via a reduction and repayment in cash of the nominal value per share ("capital repayment"), by way of
         amendments to articles of association of the Company ("the Articles"); or

(ii)     as an ordinary cash dividend out of distributable profits ("cash dividend").

The results of the election by NEPI Rockcastle shareholders are summarised below:

                                                  Number of NEPI Rockcastle     % of total issued share capital
Option                                    shares in issue prior to election                   prior to election
Cash dividend (election)                                        245 177 162                               37.1%
Capital repayment (default)                                     415 648 858                               62.9%
Total                                                           660 826 020                              100.0%

Shareholders are further advised that in respect of the capital repayment, the adjustments to reflect the increase and
subsequent reduction of the nominal (par) value of each NEPI Rockcastle ordinary share, by way of amendments to the
Articles of the Company, will be effected on Wednesday, 10 April 2024 and the nominal (par) value of each NEPI
Rockcastle ordinary share will accordingly return to €0.01 per ordinary share from Wednesday, 10 April 2024.

The settlement of the dividend as a capital repayment or the cash dividend will be made on Friday, 12 April 2024.

For further information please contact:

NEPI ROCKCASTLE N.V.
Rudiger Dany/Eliza Predoiu                                       +31 20 237 4770

JSE sponsor
Java Capital                                                     +27 11 722 3050

Euronext Listing Agent
ING Bank N.V.                                                    +31 20 563 6685

Euronext Paying Agent
ING Bank N.V.                                                    +31 20 563 6685

Media Relations                                                  mediarelations@nepirockcastle.com

9 April 2024

Date: 09-04-2024 01:45:00
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