BBI Development S.A. — Capital/Financing Update 2020

Aug 13, 2020

UNOFFICIAL TRANSLATION:

Current report No. 53/2020

Date of preparation: 2020-08-13

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

Subject: Resolution of the Management Board on theoverall, early redemption of series G bonds

Legal basis:Article 17 para. 1 MAR -confidential information

In reference to the current report No. 51/2020 ofAugust 13, 2020, the Management Board of i2 Development S.A. with itsregistered office in Wrocław (the "Issuer") informs that on August 13,2020, the Issuer adopted a resolution on the overall, early redemptionof series G bonds with a nominal value of PLN 1,000.00 (one thousandzlotys) each, issued by the Company pursuant to a resolution of theManagement Board Companies of August 24, 2018, designated by theNational Depository for Securities with the code "PLI2DVL00089"[hereinafter: Bonds].

The entire, early redemption of the Bonds will becarried out in accordance with the Terms and Conditions of the BondsIssue by paying to the Bondholder for each Bond of the PrincipalReceivable, together with the due and unpaid interest calculated inaccordance with the Terms of the Issue. The maturity date will fall onthe next interest day, i.e. September 14, 2020.

Signatures of persons representing the Company: