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NSI N.V.

Board/Management Information Mar 13, 2017

3867_iss_2017-03-10_95749223-63c5-4918-b337-0771e1b74ff2.pdf

Board/Management Information

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Hoofddorp, 10 March 2017

PRESS RELEASE

Henk Breukink, chairman of the Supervisory Board of NSI N.V. will not be available for reappointment for a third term.

NSI NV announces that Henk Breukink will step down directly following the General Meeting of Shareholders of April 21st, 2017, in accordance with the retirement rota. He has indicated that he is not available for a reappointment for a third term.

Henk Breukink: "With Bernd Stahli the company has a new CEO who has swiftly set out a new strategy and is modernizing the company. The balance sheet of NSI is healthy and the outlook is positive. The timing is perfect to hand over the chair with confidence, following a tenure of more than two four year terms."

The Management Board and Supervisory Board regret the chairman will not be available for reappointment. Bernd Stahli: "NSI is very grateful for Henk Breukink's commitment and support. Jointly with his colleagues in the Supervisory Board and with the Management Board he has led NSI through a difficult period."

The Supervisory Board has initiated a process to fill the vacancy resulting from Mr. Breukink's retirement and will appoint a chairman from amongst its members following the upcoming General Meeting of Shareholders.

Henk Breukink was appointed as a member of the Supervisory Board of NSI on October 7th, 2011 and has been chairman since October 13th, 2013. Before that he was a member of the Supervisory Board of VastNed Offices/Industrial, which was subsequently merged into NSI.

For further information, please contact: NSI N.V. Dirk Jan Lucas T +31 (0)20 763 0368 E [email protected]

About NSI

NSI N.V. is a specialist commercial property investor and the only listed real estate investment trust (REIT) focused on The Netherlands. The NSI team aims to maximise returns for shareholders through pro-active management of its investment portfolio and disciplined asset rotation. The portfolio was valued at €1.2bn at the end of December 2016. For more information visit our website: www.nsi.nl

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