In reference to the content of the current report No. 63/2014 of 10 September 2014 on the conclusion of an investment agreement (Investment Agreement) for a joint venture for implementation of a complex of multi-family buildings in Warsaw in the Ursus district under the name "Smart City" and information included in subsequent reports in this regard, the Management Board of UNIBEP SA (Company, Issuer) informs that on 31 March 2021 the Investment Agreement concluded between the Issuer by its subsidiary, Unidevelopment SA,  based in Warsaw, and the companies, which were CPD SA based in Warsaw, Challenge Eighteen Sp. z o.o. based in Warsaw, Lakia Enterprise Ltd based in Nicosia and Smart City Sp. z o.o. Sp. K. based in Warsaw, was terminated by mutual agreement.

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