Correction of Current Report no. 55/2023 of 30/10/2023

The Management Board of DEVELIA S.A. (the “Issuer”) inform that Current Report no. 55/2023 pertaining to the Issuer’s acquisition of real property contained an error in the number of premises, 134, which the Issuer intends to build for the project, instead of the correct number, namely 83 premises.

The corrected Current Report no. 55/2023 read as follows:

The Management Board of DEVELIA S.A. (“the Issuer”) inform that on 30 October 2023 the Company, acting as the Purchaser, entered into a sales agreement in the form of a notarial deed, under which the right of perpetual usufruct to real property located in Wrocław at Traugutta street, designated with a plot number 15/1 and 15/2 (“the Real Property”), was purchased from an entity which was not related to the Issuer. The area of the land property purchased as part of the transaction is 0.2405 ha. The price for the Real Property was set at PLN 7,000,000.00, plus goods and services tax.

The Company intends to use the Real Property for an investment project with approx. 83 premises. It is envisaged that sales for this investment project will commence in Q1 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.

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.