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

Mar 2, 2021

UNOFFICIAL TRANSLATION:

Current report No. 6/2021

Date of preparation: 2021-03-02

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

Subject: Partial, early redemption of series J bonds

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

The Management Board of i2 Development S.A. with its registered officein Wroclaw (the "Issuer") informs that on March 1, 2021 the Issuer madean partial, early redemption of 8,500 series J bonds with a nominalvalue of PLN 1,000.00 (one thousand zloty) each and a total nominalvalue of PLN 8,500,000 (eight million five thousand zloty). The partial,early redemption was carried out in accordance with the principlesdescribed in the Terms and Conditions of Bonds Issue, attached to theIssuer's Management Board Resolution of February 18, 2020.

The Issuer made an partial, early redemption of the Bonds by paying tothe Bondholder Main Receivable for each purchased Bond together with dueand unpaid interest calculated in accordance with the Terms of Issue.

Signatures of persons representing the Company:

2021-03-02 Marcin Misztal President of the Management Board