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

May 22, 2020

UNOFFICIAL TRANSLATION:

Current report No. 35/2020

Date of preparation: 2020-05-22

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

Subject: Purchase of own bonds for redemption

Legal basis: Article 56 para. 1 item 2 of the Act onthe offer - current and periodic information

Management Board of i2 Development S.A. with itsregistered office in Wrocław ("Issuer", "Company"), hereby informs thaton May 21, 2020, acting pursuant to art. 76 clause 1 of the Act of 15January 2015 on bonds (Journal of Laws of 2015, item 238) the Companyacquired 25 of the Issuer's series F bonds with a nominal value of PLN100 each, issued by the Company on the basis of a resolution of theCompany's Management Board on February 2, 2018, as amended by aresolution of the Company's Management Board of March 2, 2018 and by aresolution of the Company's Management Board of June 4, 2018, and aresolution of the Company's Management Board of June 7, 2018, marked bythe National Depository for Securities code 'PLI2DVL00071' [hereinafter:Bonds]. The total nominal value of the purchase of Bonds is PLN2.500,00, while the average unit price is total: PLN 99,85 (includinginterest due). The transaction was concluded by way of placing abroker's order in the alternative trading system operated by the WarsawStock Exchange on the Catalyst market. The reason and purpose of thepurchase of Bonds is their redemption.

Signatures of persons representing the Company:

2020-05-22MarcinMisztalPresident ofthe Management Board