Group's Sustainable Development Strategy 2025-2030 ENG

Our Commitments and Aspirations.

Dear,

we present "Develia Group's Sustainable Development Strategy 2025- 2030", which reflects our vision and clarifies our strategic focus on developing responsible business activities in environmental, social and corporate dimensions. This is our response to the business goal of implementing ESG activities, including reporting and operationalization of the emission reduction plan and model solutions in ho- using. Implementation of the strategy will enable us to more effectively create long-term value for customers, shareholders

and local communities. The role of the business community in shaping the world around us involves a great deal of responsibility, and with the development industry, issu-

es of living space design take on special importance. According to our mission, we create places where we want to live. We are committed to ensuring

that they address the needs of both the present and future generations. That is why we are im-

plementing modern and functional residential deve- lopments, which, due to their harmonious integration

into the surrounding urban fabric, the use of modern technology, high quality materials and solutions that minimize the environmental footprint, support the comfort of residents. We aim to become a leader in the housing market

in Poland, not only in terms of sales, but also in terms of building trust through a responsible approach to the local community and the environment, while maintaining the highest standards of business ethics. We place in your hands a document that specifies

our priorities in the area of sustainable development over the next few years. It is our commitment to actively engage in the creation of a more

sustainable future.

Andrzej Oślizło

President of the Board

Develia Group.

Develia is among the largest developers in Poland. The company has been listed on the Warsaw Stock Exchange since 2007.

We develop residential projects in the largest cities in Poland (Gdansk, Gdynia, Katowice, Cracow, Poznan, Warsaw, Wroclaw).

In accordance with our business strategy, we have significantly increased the scale of our operations from about 1,400 apartments per year in 2020 to nearly 3,200 in 2024, making it possible to enter the TOP 3 residential developers in Poland.

We have the resources and know-how to support growth through M&A transactions (acquisition of Polish companies Nexity) and further partnerships (including a JV with Grupo Lar Polska or Hillwood Polska).

In 2023, new companies were established in the Group: Develia Construction is responsible for the development of construction projects, while Develia Land Development is responsible for acquiring, securing and preparing land for residential projects.

We offer an attractive product and service to a wide market. We strive to achieve a high level of customer satisfaction and constantly ensure the best possible quality of delivered apartments.

Long-Term Goals.

Continue to significantly increase the scale of operations in the for-sale housing segment to sell 4,500 units in 2028

Systematically replenish and secure the land bank, ensuring an average of more than 4 years of housing sales. Increase the base of conditionally secured land

Develop in-house execution within the group

Diversify business

by delivering PRS projects and dormitories

Continue to grow the business through partnerships and M&A transactions

Increase brand visibility and awareness, as well as proactively build an attractive employer brand

Implement ESG strategies, including reporting and operationalization of the emission reduction plan, and model solutions in this area in residential construction

Complete the divestment of commercial assets

Decarbonization is an important process in the fight against climate change and to provide future generations with a safe place to live. That's why reducing Develia's carbon footprint is one of our priorities.

Energy Economy projects not only contribute to minimalizing the company's carbon footprint, but allow our customers to live more economically and reduce their individual negative impact on the environment.

Climate Adaptation is very important in the construction in- dustry. We strive to design projects in such a way that they respond to social and climate challenges.

Biodiversity at Develia is not only about bringing more and more greenery into the development, but also about taking care of old-growth forest stands and creating space that is more resilient to prolonged droughts, benefiting not only people, but also animals and insects.

Circular Economy is a significant and indispensable element in the development industry. In our activities, from design, implementation and management of projects, we pay attention to minimizing waste and using recycled materials.

Employee Welfare is very important at Develia. The company has ambitious development plans for the coming years, and we are keen to ensure that the company's growth is positively correlated with increased employee satisfaction.

Respect for Human Rights and security. At Develia, we insist that all housing projects are developed without human rights violations, involvement of forced labor, and that conditions on construction sites comply with the highest safety standards.

Equality and Diversity. As a developer, we make sure that our developments and the communities in which they are located do not pose barriers to people with disabilities, and provide opportunities for a variety of services in such a way that people can live more easily. At our company, we treat all employees equally and develop ourselves through the exchange of experience.

Helping Those in Need has always been part of the company's busi- ness. The company undertakes philanthropic activities in various areas and will strive to increase the desirability of its charitable initiatives over the coming years.

Ethics. The construction industry is sometimes subject to corruption and unethical bidding practices. Proper governance and an emphasis on transparency of our company's processes mitigates these risks and builds trust among stakeholders.

Due Diligence is a determinant of conducting sustainability activities at the company. We incorporate this principle into current policies and management systems to prevent abuse and, when it does occur, to have a fully developed remediation plan.

Partners. At Develia, all stakeholders build the company's value. That's why the selection of business partners that help realize our sustainability goals is very important.

Profitability. Profit is a tool for achieving goals, including those in the area of sustainable development. Without adequate pro- fit, the company will not be able to contribute to the change and transformation of the economy to a low-carbon one.