Revised Position of Develia S.A. Management Board on Call for Sale of Company’s Shares Issued by FORSETI IV S.A R.L., INVEST LINE E S.A. and BEKAP FIZ

Report number 16/2022

Legal basis: Article 80(1)-(3) of the Act on Public Offering – Company Management Board’s position on the call

The Management Board of Develia S.A. (“the Issuer” or “the Company”) hereby publicly announces the revised position of the Company Management Board about the call to subscribe for the sale of Company’s shares, which was issued on 12 January 2022 by FORSETI IV S.A R.L., INVEST LINE E S.A. and BEKAP FIZ (the “Call”). The Management Board’s position was revised in connection with the “Statement on changing a price and altering the content of the call to subscribe for the sale of Develia S.A. shares” released by entities issuing the call on 21 February 2022 (the “Statement”), which communicated a change in the price of Company shares stated in the Call from PLN 3.90 (three zlotys and 90/100) per each Company share to PLN 4.15 (four zlotys and 15/100) per each Company share. The Management Board’s revised position on the statement is attached hereto.

Legal basis: Article 80(1)-(3) of the Act on Public Offering and Conditions for Introducing Financial Instruments into Organised Trading System and on Public Companies (Dziennik Ustaw [Journal of Laws] of 2005, No. 184, item 1539 as amended).