Acquisition of Real Property by Issuer

Report number 51/2024

Legal basis: Article 17(1) of MAR - inside information

The Management Board of Develia S.A. (the “Issuer”) inform that today, i.e. 30 July 2024, the company, as the purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of perpetual usufruct to undeveloped real property located in Gdańsk at Jesionowa street, comprised of plots of land no. 102/3 and 36/1, precinct 226101_1.0041, 041, having the total area of 0.3136 ha, has been purchased from an entity, as the seller, which is not related to the Issuer, for a net price of PLN 21,300,000.00 plus Value Added Tax (VAT), i.e. PLN 26,199,000.00.

The Company intends to use the above real property for an investment project with approx. 77 residential premises to be built as multi-family development. It is envisaged that sales for this investment project will commence in Q4 2024.

This report has been published due to the fact that the event in question is of relevance to the Company’s business.

According to the Issuer, this Current Report constitutes inside information within the meaning of Article 7 of the MAR.

Legal basis: Article 17(1) in conjunction with Article 7(1a), (2), (3) and (4) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse (the Market Abuse Regulation) repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (“the MAR”) in relation to Article 2 and 3 of the Commission Implementing Regulation (EU) 2016/1055 of 29 June 2016 laying down implementing technical standards with regard to the technical means for appropriate public disclosure of inside information and for delaying the public disclosure of inside information in accordance with Regulation (EU) No 596/2014 of the European Parliament and of the Council.