Objectives of Management Board of Develia S.A. for 2024

The Management Board of Develia S.A. (the “Issuer” or the “Company”) inform that today, i.e. on 30 January 2024, the Company’s Management Board have approved, pursuant to the “2021-2025 Develia Strategy” published in the Current Report no. 12/2021 of 18 February 2021, the Develia S.A. Management Board objectives for 2024. The aforesaid objectives are as follows:

1. The number of premises to be sold in 2024 (developer agreements or preliminary sales agreements): 2,900 – 3,100 units and the number of new premises to be added to the 2024 offer and whose construction will start in 2024: 3,500-3,700 units.
2. Residential premises to be delivered in 2024: 2,700 – 2,900 units.
3. Preparing the Arkady Wrocławskie building for sale in 2025.
4. Further negotiations with institutional investors in the co-living segment – making an agreement to carry out at least one project.

The aforesaid objectives do not constitute any forecast or estimates, nor do they refer to financial results. They only serve to provide information on the Issuer’s envisaged areas of activity and potential directions in which it could extend its operations in 2024.

Due to the fact that the foregoing information has an important impact on the perspectives of the Issuer’s growth, it has been deemed to meet criteria laid down in Article 7(1) of the Regulation of the European Parliament and of the Council (EU) No. 596/2014 of 16 April 2014 on market abuse.