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

Results of election to receive a capital repayment, cash dividend or scrip issue

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


RESULTS OF ELECTION TO RECEIVE A CAPITAL REPAYMENT, CASH DIVIDEND OR SCRIP ISSUE


Results of dividend election

Shareholders are referred to the circular issued on Tuesday, 3 September 2024 and related announcements, in respect of
an election to receive the dividend for the six months ended 30 June 2024 of 27.11 euro cents per share ("interim
dividend") either:

    (i) via a reduction and repayment in cash of the nominal value per share ("capital repayment") (the default); or

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

with an alternative election available to receive a distribution of 27.11 euro cents per share by way of an issue of new
shares with a nominal value of €0.01 each paid up from the share premium reserve ("scrip issue").

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

                                              Number of NEPI Rockcastle shares         % of total issued share capital
Option                                              in issue prior to election                       prior to election
Scrip issue (election)                                             257 792 916                                  39.01%
Cash dividend (election)                                           138 809 210                                  21.00%
Capital repayment (default distribution)                           264 223 894                                  39.99%
Total                                                              660 826 020                                    100%

Shareholders are accordingly advised that pursuant to the scrip issue, a total of 9 806 671 new NEPI Rockcastle shares
(out of a maximum of 25 138 452 new NEPI Rockcastle shares) will be issued on market as listed shares on Tuesday,
15 October 2024. The scrip issue shares, when issued, will be credited as fully paid, will rank pari passu in all respects
with the existing issued shares and will be fully fungible.

Following the issue of the scrip issue shares, the total issued share capital of the Company will increase to 670 632 691
ordinary shares with a par value of €0.01 each. Therefore, the total number of voting rights in NEPI Rockcastle will be
670 632 691 with effect from Tuesday, 15 October 2024.

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 association of the Company, will be effected on Friday, 11 October 2024 and the nominal (par) value of each
NEPI Rockcastle ordinary share will accordingly return to €0.01 per ordinary share from Friday, 11 October 2024.

The settlement of the dividend as repayment of capital (the default) and the ordinary cash distribution will be made on
Tuesday, 15 October 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

10 October 2024

Date: 10-10-2024 02:45:00
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