BBI Development S.A. — Delisting Announcement 2022

Mar 25, 2022

NOFFICIAL TRANSLATION

Current report no. 8/2022

Date: 2022-03-25

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

Topic: Announcement of the intention to acquire shares by compulsorybuyout

Legal basis: Art. 17 sec. 1 of MAR - confidential information

The Management Board of I2 Development S.A. with its registered officein Wrocław (_quot;Company_quot;), hereby announces that today, ie on March 25,2022, it has received from shareholder Marcin Misztal (the _quot;Applicant_quot;)a notification of the intention to acquire the Company's shares bysqueeze-out (_quot;Notification_quot;).

As follows from the Notice, the subject of the compulsory buyout will beall shares belonging to the minority shareholders of the Company, i.e.260,884 (say: two hundred sixty thousand eight hundred eighty four)ordinary bearer shares of the Company, with a nominal value of PLN 1.00(say: one zloty) each a share, representing 2.69 (say: two andsixty-nine hundredth percent)% of the share capital of the Company andentitling to 260,884 (say: two hundred and sixty thousand eight hundredand eighty-four) votes at the general meeting of the Company,representing 2.69 (say: two and sixty-nine hundredth percent)% of thetotal number of votes in the Company that have been admitted and tradedon the regulated (primary) market operated by the Warsaw Stock Exchange(_quot;WSE_quot;) and marked with the National Depository for Securities S.A.(_quot;KDPW_quot;) under the ISIN code: PLI2DVL00014.

The applicant has specified the maturity date as March 30, 2022. Thepurchase price for one Share being the subject of the Squeeze-out is PLN11,50 (say: eleven zlotys 50/100) and was determined in accordance withArt. 79 sec. 1-3 of the Act on Public Offering.

The content of the information provided by the Applicant on theintention to acquire shares in I2 Development S.A. by means of acompulsory buyout constitutes an attachment to this current report.

Signatures of persons representing the Company:

2022-03-25 Marcin Misztal President of the Management Board