In reference to the content of the current report No. 61/2022 of 4 November 2022, informing about the conclusion with UDI TAU Sp. z o.o., with its registered office in Warsaw [Ordering Party], of a construction agreement [Agreement] for implementation in general constructing system of a housing investment in Herbu Oksza Street in Warsaw [Investment], the Management Board of Unibep SA [issuer, Company] informs that on 2 October 2023, it received from the Ordering Party a written construction commencement order for the second stage of works on the investment, including the construction of the building D.

The work on the second stage of the investment will commence in the fourth quarter of 2023 and it will be completed in the fourth quarter of 2024.