Development agreement

30 December 2016

Dear Sir/Madam,

We kindly inform you that in accordance to the Act of September 16, 2011 that concerns protection of purchasers of residential premises or a single-family home (Dz. U. No 232, item. 1377), Acciona Nieruchomości Wilanów Sp. o.o. proceeded to enter into development agreements in the framework of a development project under the name of Nova Atmosfera, i.e. Building B4 on the 30th of December 2016.