The Management Board of Unibep SA (Issuer, Company) informs that on 1 March 2023 the subsidiary of the Issuer, UNIHOUSE SA with its registered office in Bielsk Podlaski (UNIHOUSE), concluded with AS ÅRVOLLVEIEN 15 with its registered office in Oslo (Ordering Party) an agreement for implementation in modular technology of an investment called “Arvollveien” in Oslo in Norway (Agreement).

The subject of the Agreement is the design and implementation in modular technology of a multi-family residential building comprising 22 premises in total (Investment).

The remuneration for the completion of the agreement is NOK 54 million net, which as of the date of the agreement is equivalent to approx. PLN 23.1 million net, however, the value of the remuneration will be finally determined based on the NOK exchange rate applicable of at the date of commencement of construction works (Remuneration).