Acquisition of Real Property by Issuer

The Management Board of DEVELIA S.A. (the “Issuer”) inform that on 30/10/2024 the Company, acting as the purchaser, entered into a sales agreement in the form of a notarial deed under which the right of ownership to a real property located in Kraków, designated with a plot number 547/5, precinct no. 44 Krowodrza, (the “Real Property”), was purchased from entities which were not related to the Issuer. The total area of the Real Property equals 0.1991 ha. The price for the Real Property amounts to PLN 11,000,000.00.

The Company intends to use the Real Property for the construction of residential premises.

This current 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 conjunction with 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.