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

Jan 15, 2020

UNOFFICIAL TRANSLATION:

Current report No. 5/2020

Date of preparation: 2020-01-15

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

The Management Board of i2 Development S.A. with itsregistered office in Wrocław ("Issuer", "Company"), hereby informs thaton January 14, 2019, acting pursuant to art. 76 clause 1 of the Act of15 January 2015 on bonds (Journal of Laws of 2015, item 238) the Companyacquired 1422 of the Issuer's series E bonds with a nominal value of PLN1.000 each, issued by the Company on the basis of the Management Board'sresolution of January 10, 2018, marked by the National Depository forSecurities with the code "PLI2DVL00063" [hereinafter: Bonds]. The totalnominal value of the purchase of Bonds is: PLN 1.422.000,00. The Companyaquired: 191 Bonds by submitting brokerage orders in an alternativetrading system operated by the Warsaw Stock Exchange on the Catalystmarket and 1231 Bonds outside the organized trading system. The averageunit purchase price on both markets was PLN 1011,40 (including interestdue). The reason and purpose of the purchase of the Bonds is theirredemption.

Signatures of persons representing the Company:

2020-01-15MarcinMisztalPresident ofthe Management Board