NEPI Rockcastle plc has given notice to the holders of the outstanding EUR 500,000,000 2.625%. Notes due 22 May 2023 guaranteed by NEPI Rockcastle that all of the presently outstanding Notes will be redeemed by the Issuer on 22 February 2022 pursuant to, and in accordance with, Condition 7(d) of the Conditions of the Notes. The Notes redemption is part of NEPI Rockcastle's active liability management focused on improving cost of capital and extending its debt maturity profile, and is supported by the comfortable liquidity position of the Group. Following the redemption and cancellation of the Notes, the Company will have no bond maturities outstanding until November 2024, thereby significantly improving the debt maturity profile of the Group.