BBI Development S.A. — Capital/Financing Update 2019

Sep 17, 2019

UNOFFICIAL TRANSLATION: Current report No. 34/2019

Date of preparation: 2019-07-01

Short name of the issuer: i2 Development S.A.

Subject: Termination of the purchase of own bonds, ManagementBoard resolution regarding the redemption of bondsLegalbasis: Article 56, paragraph 1 point 2 of the Act on the offer - currentand periodic information

With reference to the report no. 38/2019 dated 13 August 2019, theManagement Board of i2 Development S.A. (hereinafter: the Issuer)informs that on September 17, 2019 the Company adopted resolution no.1/09/2019 regarding the redemption of 1.137 series D bonds of the Issuerwith the nominal value of PLN 1,000.00 (say: one thousand zlotys) eachand the total nominal value of PLN 1,137,000.00 (in words: one millionone hundred and thirty seven thousand zlotys), which were acquired bythe Issuer in the period from August 14, 2019 to September 13, 2019. Thebonds are registered in the National Depository for Securities(hereinafter: KDPW) under the code PLI2DVL00055. The average unitpurchase price of one Bond amounted PLN 1,009.74 (including interest due)

In connection with the above, the Issuer will apply to KDPW with arequest to redeem the said bonds in accordance with the applicableregulations and procedures adopted by KDPW. After the redemption made byKDPW the number of bonds marked with the abovementioned code will be8,863 units.

Signatures of persons representing the Company:2019-09-17Marcin Misztal President of the Management Board