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

Jan 3, 2020

UNOFFICIAL TRANSLATION:

Current report No. 1/2020

Date of preparation: 2020-01-03

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 January 2, 2019, acting pursuant to art. 76 clause 1 of the Act of 15January 2015 on bonds (Journal of Laws of 2015, item 238) the Companyacquired 10 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 10.000,00, while theaverage unit price is total: PLN 1.010,11 (including interest due). Thetransaction was concluded by way of placing a broker's order in thealternative trading system operated by the Warsaw Stock Exchange on theCatalyst market. The reason and purpose of the purchase of Bonds istheir redemption.

Signatures of persons representing the Company: