Covid-19 update: Operating gross leasable area expected to increase to 85% in less than one week NEPI Rockcastle plc Incorporated and registered in the Isle of Man Registered number 014178V Share code: NRP ISIN: IM00BDD7WV31 (“NEPI Rockcastle” or the “Group”) COVID-19 UPDATE: OPERATING GROSS LEASABLE AREA EXPECTED TO INCREASE TO 85% IN LESS THAN ONE WEEK Stakeholders are referred to the Group’s Business Update published on 19 November and are advised that, following recent decisions of the Polish and Bulgarian Governments, tenants occupying approximately 85% of the Group’s GLA are expected to be operational as of 28 November. A summary of the changes to trading restrictions is set out below: - In Poland, the restrictions imposed on non-essential stores’ trading will be lifted from 28 November, increasing the Group’s operational GLA by approximately 15%. Cinemas and restaurants will remain closed, with restaurants being allowed to operate for take away and deliveries. The remaining restrictions affect 1% of the Group’s GLA. - In Bulgaria, the Government announced new trading restrictions effective from 28 November until 21 December. These restrictions are similar to those imposed in the spring and provide for the closure of non- essential stores, except for food stores, pharmacies, pet shops, banks, insurance offices and payment services providers. Restaurants are planned to operate only for take away orders and deliveries. These restrictions are estimated to affect 5% of the Group’s GLA. The Czech Republic Government extended the state of emergency up to 12 December, when the situation will be reassessed. Current trading restrictions affect approximately 2% of the Group’s total GLA. The temporary restrictions in the other countries where the Group operates, as announced in the recent Business Update, continue. Most CEE governments are balancing attempts to mitigate the growing pressure on medical services against those limiting the negative economic impact of the restrictions. Depending on infection rates, existing restrictions can be lifted, or new ones introduced on short notice. Additional fiscal support measures are expected to offset the effects of existing and possible new restrictions. For further information please contact: NEPI Rockcastle plc Mirela Covasa +40 21 232 1398 JSE sponsor Java Capital +27 11 722 3050 Euronext Listing Agent ING Bank +31 20 563 6685 Media Relations mediarelations@nepirockcastle.com 25 November 2020 Date: 25-11-2020 05:00:00 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.