Receipt of Information on Management Board Member’s Withdrawal from Candidacy for New Term of Office in Management Board of Develia S.A.

Report number 24/2021

Legal basis: Article 56(1)(2) of the Act on Public Offering – current and periodic information

The Management Board of Develia S.A. (“the Issuer” or “the Company”) inform that today Mr Tomasz Wróbel, Member of Management Board, notified the Issuer and the Supervisory Board of his decision to withdraw from candidacy for the Company’s Management Board for another term of office commencing on the day following the date of the Annual General Meeting of the Issuer, at which the 2020 financial statements will be approved, due to different career plans.

The Issuer’s Management Board inform at the same time that Mr Tomasz Wróbel’s decision not to stand for the Management Board of the Company for another term of office has no bearing whatsoever on the Management Board’s operations, which will continue to pursue the strategy of the Company’s growth designed before.

Legal basis: Article 56(1)(2)(a) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading and on Public Companies (consolidated text of Dziennik Ustaw [Journal of Laws] of 2020, item 2080) and Section 5(4) of the Regulation of the Minister of Finance of 29 March 2018 on Current and Periodic Information Published by Issuers of Securities and on Conditions for Regarding Information Required by Law of Non-Member State as Equivalent (Dziennik Ustaw [Journal of Laws] of 2018, item 757).