Conditional Allotment of P2022A Series Bonds

With reference to the Current Report No. 60/2022 of 24 November 2022, the Management Board of Develia S.A. (the “Company”) hereby inform that on 15 December 2022 the Management Board of Develia S.A. adopted a resolution on the conditional allocation of 15,442 (say: fifteen thousand four hundred forty-two) P2022A series unsecured bonds having the nominal value of PLN 1,000 (say: one thousand zlotys) each and the total nominal value of PLN 15,442,000 (say: fifteen million four hundred forty-two thousand zlotys) (the “Bonds”). The Bonds were conditionally allotted by the Management Board of the Company in line with the allotment list of the entities to which the Bonds were conditionally allotted, drawn up by the issuing agent, i.e. Michael / Ström Dom Maklerski S.A. The Bonds were allotted by the Management Board of the Company on a condition precedent, namely that the Bonds must be registered in the securities depository maintained by Krajowy Depozyt Papierów Wartościowych S.A. (the Central Securities Depository of Poland, “KDPW”)

The definite number of the Bonds allotted to the Investors will result from the registration of the Bonds in the securities depository maintained by KDPW, pursuant to a relevant settlement order.

This information, according to the Issuer’s Management Board, constitutes inside information within the meaning of Article 17(1) of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse.

Legal basis: Article 17(1) of the MAR (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).