Information regarding one-time accounting operations related to the reclassification and valuation of land properties of selected subsidiary companies

The Management Board of Unibep SA [Issuer, Company] informs that on 29 March 2024, subsidiaries of the Issuer operating in the development segment have adopted resolutions to cease the preparatory works on their selected land properties for residential projects and to keep these lands to benefit from the increase in their value, which entails the necessity of reclassifying these land properties from inventories to investment properties and valuing these lands at fair value.