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Investor Presentaiton

Overview of stakeholders complexity in the context of relocation Indicator Total Assets (€m) Investment Property (€m) NEPI Rockcastle Compelling drivers for migration to the Netherlands 6,598 Largest listed company in CEE retail real estate 5,842 Pure direct retail property investment company Cash & Cash Equivalent (€m) 499 RCF's (€m) Liquidity (€m) 620 Strong cash position looking to be deployed into accretive investment opportunities NEPI Rockcastle achieved one of the highest committed RCF capacities amongst CEE real estate companies 1,119 Strong liquidity as cash balances and cash and revolving credit facilities Outstanding Bonds (€m) 2,000 Frequent issuer in the Eurobond market with supportive bond investor base LTV Unencumbered Assets Credit Rating Avg Cost of Debt 30.9% 91% BBB stable (S&P) / BBB positive (Fitch) 2.4% LTV within the target range of 35% that satisfies an optimum balance between risk and return NEPI Rockcastle's strategic steering of funding policy from secured to unsecured financing lead to high percentage of assets unencumbered Investment grade credit rating company Competitive cost of debt 4
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