COVID-19 update: NEPI Rockcastle's operating gross leasable area increases to 93%, expected to exceed 95% by end May

COVID-19 update: NEPI Rockcastle's operating gross leasable area increases to 93%, expected to exceed 95% by end May

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: NEPI ROCKCASTLE'S OPERATING GROSS LEASABLE AREA INCREASES TO 93%, EXPECTED TO EXCEED 95% BY 
THE END OF MAY


NEPI Rockcastle provided an overview of the trading restrictions in the CEE countries where it operates and
their impact on its activity on 20 April 2021. Since that date, when 75% of the Group's GLA was operational,
Governments reassessed the adopted restrictions, as set out in the below table.

As of 4 May 2021, tenants occupying approximately 93% of the Group's GLA are operational. Based on
public announcements made by Governments, it is expected that the Group's operational GLA will further
increase to over 95% by the end of May 2021.

                 Weight in                                                                       Cinemas,
                 overall      Operating   Essential     Non-essential                            children's
                 portfolio    GLA (%)     retailers     retailers        Restaurants, coffee     playgrounds,
                 by           at          (groceries    (other than      shops and food          other
                 properties'  4 May       and           food and         courts                  entertainment
                 market       2021        pharmacies)   entertainment)
Country          value (%)
                                                                                                Closed (local
                                                                         Open (with             restrictions
Romania          35           97          Open          Open             restrictions)          affect cinemas)      
Poland           24           88          Open          Open             Closed**               Closed
Slovakia         10           95          Open          Open             Closed*                Closed
Hungary           9           99          Open          Open             Closed***              Open
                                                                                                Open (with
Bulgaria          8          100          Open          Open             Open                   restrictions)
Croatia           5           98          Open          Open             Closed*                Open
Serbia            3           98          Open          Open             Closed*                Open
Czech             3           42          Open          Closed           Closed*                Closed
Republic
Lithuania         3           86          Open          Open             Closed*                Closed
Group             100         93

* except for takeaway and outdoor terraces
**except for takeaway
***only food court closed, except for takeaway

In Poland, non-essential stores in retail locations of over 2,000 m2 reopened on 4 May 2021. Restaurants
continue to operate on a delivery and take-away basis only. The authorities have announced that fitness and
entertainment facilities and indoors dining will be allowed to operate from 29 May 2021.

In the Czech Republic, hairdressers, barbershops and similar services reopened on 3 May 2021. Other non-
essential stores and services will resume trading on 10 May 2021. Restaurants, casinos, wellness, and other
entertainment will remain closed, with no targeted date for reopening communicated yet.

The safety and wellbeing of the Group's customers, employees and partners remains NEPI Rockcastle's
priority. NEPI Rockcastle continues to apply extensive safety measures across the portfolio, to ensure
customers can securely access retail and other services.

For further information please contact:

NEPI Rockcastle plc
Alex Morar/ Mirela Covasa                                +44 1624 654 704

JSE sponsor
Java Capital                                             +27 11 722 3050

Euronext Listing Agent
ING Bank                                                 +31 20 563 6685

Media Relations                                          mediarelations@nepirockcastle.com

4 May 2021

Date: 04-05-2021 05:00:00
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