NEPI ROCKCASTLE PLC - Environmental, social and governance (ESG) rating issued by Sustainalytics

Environmental, social and governance (“ESG”) rating issued by Sustainalytics

NEPI Rockcastle plc
Incorporated and registered in the Isle of Man
Registered number 014178V
JSE and Euronext share code: NRP
ISIN: IM00BDD7WV31
("NEPI Rockcastle" or "the Company")


ENVIRONMENTAL, SOCIAL AND GOVERNANCE ("ESG") RATING ISSUED BY SUSTAINALYTICS


The Company is pleased to announce that in April 2019, Sustainalytics, a leading independent global provider of ESG
and corporate governance research and ratings, rated NEPI Rockcastle's ESG Risk as Low (16.4/100). Sustainalytics
concluded that the Company is at low risk of experiencing material financial impacts from ESG factors, due to its low
exposure to and average management of material ESG issues. The Company is noted for its strong corporate
governance performance, which is reducing its overall risk.

NEPI Rockcastle sees strong corporate governance as an enabler of responsible corporate citizenship. The Group
follows the King IV Report on Corporate Governance (mandatory for companies listed on the Johannesburg Stock
Exchange) and the Euronext Amsterdam guidelines. These governance guidelines include areas such as: leadership,
ethics and corporate citizenship, governing structures and delegation of responsibility and authority, strategy,
performance and reporting, functional areas governance and stakeholder relationship management.

The Company is committed to achieving the highest standards of sustainability and to being a responsible corporate
citizen through several specific actions, such as increasing the number of green certified buildings in its portfolio,
monitoring closely and implementing measures to minimise its impact on the environment, being a relevant supporter
and developer of the communities where it operates, and to overall constantly improving its approach to sustainability,
structured on the following four pillars:

   1. Sustainable resource management - an initiative that covers biodiversity, water, energy and gas consumption,
      waste management and gas emissions, to improve both the impact of consumption as well as efficiency.
   2. Sustainability through green buildings – the majority of the Group's buildings have been certified at high
      sustainability standards in the real estate industry, which acknowledges the Group's investment in sustainable
      buildings during construction and operational stages.
   3. Community engagement – NEPI Rockcastle believes in the importance of giving back to the communities in
      which it operates and seeks to contribute to sustainable social development.
   4. Business integrity - integrity is embedded in all business processes and in the Group's culture, to ensure
      compliance with laws and regulations and that operations are conducted according to the highest standards of
      business ethics.

NEPI Rockcastle aims to have a diversified board of directors (the "Board") in terms of knowledge and experience.
The Board's structure has been continuously updated over the past years. The Board recently appointed a new
independent non-executive director, Mr. Andreas Klingen, an experienced professional with strong expertise in
financial markets, investments, real estate and retail.

More details on the company's ESG practices and initiatives can be found in the Corporate Insights section of the
2018 Annual Report (https://nepirockcastle.com/wp-content/uploads/2019/03/NEPI-Rockcastle-Annual-Report-
2018.pdf).

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 6799

Media Relations
Brunswick Group          +44 20 7404 5959
                         +27 11 502 7300
                         nepirockcastle@brunswick.com

23 April 2019

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