NEPI ROCKCASTLE N.V - Dealings by a director, associates of a director of NEPI Rockcastle and amendment to existing financial obligation

Dealings by a director, associates of a director of NEPI Rockcastle and amendment to existing financial obligation

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


DEALINGS IN SECURITIES BY A DIRECTOR AND ASSOCIATES OF A DIRECTOR OF NEPI ROCKCASTLE 
AND AMENDMENT TO EXISTING FINANCIAL OBLIGATION


Shareholders are referred to the declaration announcement published by Fortress Real Estate Investments Limited
("Fortress") on 15 October 2024 in terms of which Fortress shareholders were given the opportunity to receive the
dividend for the six months ended 30 June 2024 as a cash dividend, or to elect to receive a dividend in specie of ordinary
shares in NEPI Rockcastle in respect of all or some of their Fortress B shares in lieu of the cash dividend ("dividend in
specie").

Shareholders are advised of the following information under the JSE Listings Requirements and the Market Abuse
Regulation ("MAR") in Europe relating to the election to receive the dividend in specie:

Name of director / person discharging managerial responsibilities    Steven Brown
and relationship to director / person discharging managerial
responsibilities and reason for the notification:
Initial notification / amendment according to MAR:                   Initial notification
Transaction date:                                                    1 November 2024
Class of securities / description and type of the financial          Ordinary shares of EUR0.01 each
instrument:
Number of securities / volume:                                       19 228
Deemed price per security:                                           ZAR 139.47 (based on the closing market price of
                                                                     NEPI Rockcastle shares on 1 November 2024,
                                                                     being the record date for the dividend in specie)
Deemed total value:                                                  ZAR 2 681 729.16
Nature of transaction:                                               Off-market receipt of NEPI Rockcastle shares
                                                                     following the election to receive the dividend in
                                                                     specie
Nature and extent of director's interest:                            Direct beneficial
Clearance to deal received:                                          Yes

Name of associate / person closely associated:                       Juliette van der Veer
Name of director / person discharging managerial responsibilities:   Andre van der Veer, who is the father of Juliette
                                                                     van der Veer
Initial notification / amendment according to MAR:                   Initial notification
Transaction date*:                                                   1 November 2024
Class of securities / description and type of the financial          Ordinary shares of EUR0.01 each
instrument:
Number of securities / volume:                                       21
Deemed price per security:                                           ZAR 139.47 (based on the closing market price of
                                                                     NEPI Rockcastle shares on 1 November 2024,
                                                                     being the record date for the dividend in specie)
Deemed total value:                                                  ZAR 2 928.87
Nature of transaction:                                               Off-market receipt of NEPI Rockcastle shares
                                                                     following the election to receive the dividend in
                                                                     specie
Nature and extent of director's interest:                            Indirect beneficial
Clearance to deal received:                                          Yes

Name of associate / person closely associated:                       Danielle van der Veer
Name of director / person discharging managerial responsibilities:   Andre van der Veer, who is the father of Danielle
                                                                     van der Veer
Initial notification / amendment according to MAR:                   Initial notification
Transaction date*:                                                   1 November 2024
Class of securities / description and type of the financial          Ordinary shares of EUR0.01 each
instrument:
Number of securities / volume:                                       21
Deemed price per security:                                           ZAR 139.47 (based on the closing market price of
                                                                     NEPI Rockcastle shares on 1 November 2024,
                                                                     being the record date for the dividend in specie)
Deemed total value:                                                  ZAR 2 928.87
Nature of transaction:                                               Off-market receipt of NEPI Rockcastle shares
                                                                     following the election to receive the dividend in
                                                                     specie
Nature and extent of director's interest:                            Indirect beneficial
Clearance to deal received:                                          Yes

Shareholders are further advised that on 5 November 2024, Steven Brown, a non-executive director of NEPI Rockcastle,
pledged an additional 25 295 NEPI Rockcastle shares as security for the existing financial obligation of R23 million 
(as announced on 25 October 2024) as an off-market transaction, which constitutes a dealing in securities by a director
under the JSE Listings Requirements. Following this pledge, for which clearance to deal was obtained, the total number
of NEPI Rockcastle shares pledged as security for the existing financial obligation has increased to 185 480 NEPI
Rockcastle shares. The existing financial obligation remains unchanged at a limit of R23 million.

For further information please contact:


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

JSE sponsor
Java Capital                                                     +27 (0)78 456 9999

Euronext Listing Agent
ING Bank                                                         +31 20 563 6685

Media Relations                                                  mediarelations@nepirockcastle.com

6 November 2024

Date: 06-11-2024 08:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.