Real Property in Gdańsk Purchased by Issuer by Tender

The Management Board of DEVELIA S.A. (the “Issuer”) inform that today, i.e. 6 October 2023, it has been announced that the winning bid for the open oral tender procedure published by the President of the City of Gdynia involving the disposal of real property owned by the Municipality of Gdynia, located at 71 Kopernika street, plots no. 1834/2 and 1836/2, having the area of 5,161 sq. m, hereinafter referred to as: the Real Property, was the bid placed by the Issuer, Develia S.A., with the registered office in Wrocław.

The Issuer, which put forward a bid price in the amount of PLN 27,000,000.00, won the tender and thus purchased the said real property.

An agreement transferring the right of ownership to the Real Property to the Issuer, in accordance with the tender terms and conditions, will be entered into on a date set by the President of Gdynia, which will be communicated by the Issuer in a separate current report.

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.