BBI Development S.A. — Capital/Financing Update 2021

Jul 27, 2021

UNOFFICIAL TRANSLATION

Current report no. 19/2021

Date: July 27, 2021

Short name of the issuer: i2Development S.A.

Subject: Completion of the purchaseof own bonds, resolution of the National Depository for Securities onthe withdrawal from the deposit of bonds in connection with theirredemption

Legal basis: Art. 56 sec. 1 point 2of the Act on Public Offering - current and periodic information

In reference to the current reportno. 12/2021 of June 17, 2021. regarding the purchase of own bonds forredemption, the Management Board of i2 Development S.A. (hereinafter:the Issuer, the Company) informs that on July 26, 2021, the ManagementBoard of the National Depository for Securities S.A. (hereinafter:KDPW), at the request of the Issuer, adopted a resolution to withdraw275 series J bonds of the Issuer from the deposit on 29 July 2021, witha nominal value of PLN 1,000.00 (in words: one thousand zlotys) each anda total nominal value of 275,000.00 (in words : two hundred seventy fivethousand zlotys). After the redemption by KDPW, the number of J-seriesbonds will be 8,225 (say: eight thousand two hundred and twenty-five).Thus, the Issuer completed the purchase of its own series J bonds, whichit informed about in the current report No. 58/2020 of October 27, 2020.The maturity date for the remainder of the series J bonds will fall onthe next interest day, i.e. August 31, 2021.

Signatures of persons representingthe Company:

2021-07-27 Marcin Misztal Presidentof the Management Board