NEPI ROCKCASTLE N.V - NEPI Rockcastle increases the IFC syndicated facility to 445 million and enhances sustainability efforts

NEPI Rockcastle increases the IFC syndicated facility to €445 million and enhances sustainability efforts

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


NEPI ROCKCASTLE INCREASES THE IFC SYNDICATED FACILITY TO €445 MILLION AND ENHANCES SUSTAINABILITY EFFORTS


On 25 April 2024, NEPI Rockcastle signed a €58 million increase to the €387 million unsecured loan facility ("the
Facility") syndicated by International Finance Corporation (IFC), bringing the total to €445 million. The Facility was
signed in December 2023, structured as a green loan with sustainability linked features and has been put in place to cater
for the repayment of the upcoming bond maturing in November 2024. The structuring as a green loan is part of the
strategic effort to support the Company's sustainability initiatives aimed at reducing greenhouse gas emissions and
increasing energy efficiency in the Group's property portfolio.

The Facility now covers approximately 89% of the bond's principal amount, with the remaining part to be settled from
the Group's cash resources.

The Facility has a competitive pricing linked to the Euribor rate and is set to mature in January 2029. Its first tranche
was disbursed in February 2024, and the €58 million top-up has a withdrawal availability period of three months.

NEPI Rockcastle's financial frameworks, including the Green Finance Framework and the Sustainability-Linked
Financing Framework, have been instrumental in setting ambitious environmental targets with a material impact. With
the support of IFC's advisory services, the Group is on the path to achieving EDGE Gender certification, reinforcing its
commitment to diversity and inclusion.

Eliza Predoiu, Chief Financial Officer of NEPI Rockcastle, commented: "Sustainability is a strategic priority for NEPI
Rockcastle – it lies at the core of our operations and corporate financing. The unsecured green loan arranged by IFC
contains provisions that reinforce our commitment to strengthening our operations and development pipeline in a
sustainable way, with higher energy efficiency and lower emission factors. The support of IFC together with leading
international commercial banks and investment management firms is a powerful statement of trust in our business
strategy, solid financial standing and proven track record of delivering industry-leading performance in the CEE retail
market."

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

30 April 2024

Date: 30-04-2024 04:00:00
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