UNOFFICIAL TRANSLATION
Current report no. 12/2022
Date: 2022-04-01
Short name of the issuer: i2 Development S.A.
Subject: Allocation of series O bonds
Legal basis: Art. 56 sec. 1 point 2 of the Act on Public Offering – current and periodic information

Management Board of i2 Development S.A. based in Wrocław („Company”, „Issuer”) informs that on March 31, 2022 it adopted a resolution on the allocation of 6,045 (say: six thousand forty-five) secured bonds series marked with the letter „O”, with a nominal value of 1,000, 00 (say: one thousand zlotys 00/100) each, with a total nominal value of PLN 6,045,000.00 (say: six million forty-five thousand zlotys 00/100), with interest at a fixed interest rate, not deviating from market conditions, with a maximum maturity redemption on February 13, 2025 (the „Bonds”).

The Bonds will be secured by: a mortgage to be established on a land property located in Wrocław at ul. Powstańców Śląskich 106, 108, 110 and ul. Wielka 27 established up to the amount of 150% of the value of the Bonds allocated (extension of the mortgage established on the issue of series „L”, „M” and „N” bonds), as well as a declaration of submission to enforcement under a mortgage, submission by the Issuer of a blank promissory note and submission to enforcement by the Issuer pursuant to Art. 777 item 5) of the Code of Civil Procedure.

The Bonds were issued in the form of an offer specified in Art. 33 point 1 of the Act of January 15, 2015 on bonds (i.e. Journal of Laws of 2022, item 454, as amended) and in accordance with the terms and conditions set out in the information memorandum prepared by the Issuer on March 14, 2022 in connection with the offer to the public 7,552 (seven thousand five hundred and fifty-two) series O bearer bonds of the Issuer with a unit par value of PLN 1,000.00 (say: one thousand 00/100) each, issued on the basis of Art. 33 point 1 of the Act on Bonds, in the form of a public offering conducted pursuant to Art. 37b paragraph. 1 of the Act on Public Offering, for which there is no obligation to publish a prospectus.

The financial resources obtained by the Company from the issue of the Bonds will be used for the implementation of the investment consisting in the construction of an office and service building with an underground car park, located in Wrocław at ul. Powstańców Śląskich 106, 108, 110 and ul. Big 27.

Signatures of persons representing the Company:
2022-04-01 Marcin Misztal President of the Management Board