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

Jul 31, 2019

UNOFFICIAL TRANSLATION:Current report No. 37/2019

The Management Board ofi2 Development S.A. (hereinafter: the Issuer, the Company) informs thatit received information from the National Depository for Securities onthe payment made on July 31, 2019 to bondholders due to redemption of8,546 series B bonds of the Issuer with a nominal value of PLN 1,000each and a total nominal value of PLN 8,546,000.00, which were issued bythe Company based on the resolution of the Management Board datedJanuary 13,2017  and which were designated by the National Deposit ofSecurities  (Krajowy Depozyt Papietów Wartościowych S.A.) with the code"PLI2DVL00048" [hereinafter: Bonds] in accordance with the Bond IssueTerms on the Redemption Date as of today, July 31, 2019. On the day ofredemption, interests were paid for the last interest period, in thetotal amount of PLN 134.001,28. Interest per 1 bond amounted to PLN15,68.

Thus, series B Bondshave been fully redeemed by the Issuer, resulting in the expiration ofall rights and obligations resulting from them.