NEPI ROCKCASTLE N.V - Appointment of Chief Operating Officer

Appointment of Chief Operating Officer

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

APPOINTMENT OF CHIEF OPERATING OFFICER

Shareholders are advised that the Board has appointed Marius Barbu as Chief Operating Officer ("COO") with effect
from 1 April 2026, to succeed Marek Noetzel, current COO and CEO-designate. Mr Barbu has also been nominated as
a director and will stand for election at the next annual general meeting to be held in May 2026.

Mr Barbu is currently NEPI Rockcastle's Group Asset Management Director and has over 25 years of experience in
asset management, real estate and retail. Mr Barbu joined the Group in 2012 and was appointed as Group Asset
Management Director in June 2022, leading strategic operational priorities, business transformation, marketing and
property management. With over 13 years of experience within the Group, Mr Barbu has consistently expanded his
oversight of portfolios, from the country level in Romania, to eight geographies across Central and Eastern Europe.

Prior to joining NEPI Rockcastle, Mr Barbu built further expertise in real estate asset management, leasing, retail
marketing and branding, working for international organisations such as Argo Capital Management, Mivan
Development and Unilever South Central Europe.

George Aase, Chairman, NEPI Rockcastle said: "Marius Barbu has an unrivalled understanding of, and sound
experience in, the operational dynamics of the NEPI Rockcastle portfolio. His deep knowledge of the Group, coupled
with a proven track record of strong performance and a significant contribution to the executive management team, has
made him the Board's clear and natural choice to ensure continuity in the role of COO. The Board trusts that Mr Barbu
will continue to play a key role in shaping NEPI Rockcastle's market-leading operations."

The appointment of Mr Barbu demonstrates once again the effectiveness of the Company's talent management and
people development strategy.

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

17 December 2025

Date: 17-12-2025 10:00:00
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