Develia S A : Investor's report DEVELIA Group 2021

About this update from Develia S.a.

PRESENTATION FOR INVESTORS March 2021WZwithidaokviiemw noaftphrezyfsuztłuorśeć…Develia Group - Summary 2021 ➢ Housing sector ✓ 1,921 premises sold in 2021 vs 1,361 in 2020 ✓ 1,903 premises delivered in 2021 vs 1,153 in 2020 ✓ 1,985 new premises on the 2021 offer vs 1,278 in 2020 ✓ 173 reservation agreements as at the end of Q4 2021 ➢ Commercial segment ✓ Sales and purchase agreement for the disposal of Sky Tower signed by Develia on 15 March 2022 ✓ Letter of intent signed and negotiations over the disposal of the "Arkady Wrocławskie" building opened on 4 February 2022 ✓ The "Wola Retro" building prepared for disposal, commercialisation level standing at 86% ➢ Develia Group - 2021 Performance ✓ Gross margins on sales in the development segment of 28,8% ✓ Consolidated net profit of PLN 153,9 m vs net loss PLN -138,8 m (2020) ✓ Consolidated net profit adjusted for total revaluation settled through profit or loss PLN 156,8 m vs PLN 99 m (2020) Agenda 1. Market situation 2. Housing sector 3. Commercial real property 4. Financial Data 5. Strategy implementation 6. Attachments 1. Market situation Housing market▪ 2021 saw 58,100 flats made available for sale. In Q4 2021, 14,700 premises were made available for sale, meaning a 7% increase compared to the previous quarter and 21% more than in the preceding year. ▪ In aggregate, given the six largest domestic markets, 2021 observed the sale of 69,000 flats, by 30.2% more than in 2020 ▪ Q4 2021 saw the sale of 15,000 flats - similarly to Q3 2021 ▪ In Q4 2021, as well as over the entire year 2021, a rapid increase in flat prices could be observed, which were going up faster than rising inflation. ▪ Compared to the previous quarter, the largest increase in average prices of flats on the primary housing market was reported in Warsaw (6%) and Łódź (4%). ▪ Given yearly figures, i.e. compared to the levels recorded in Q4 2020, the biggest increase in flat prices was seen in Łódź (21%), Warsaw (17.9%), Wrocław (16%) and Poznań (16%)Flats for sale and sold yearly compared with the offer 20 000 NUmberofunits 18600 17500 17600 17500 17500 16400 18900 18400 16100 19200 16000 16600 16900 16500 16100 17600 17600 18900 14900 15600 15500 14200 14900 15100 10 000 0 14500 13000 13000 13300 12100 13900 105006900Flats for sale Flats sold Average prices of flats on the primary housing market 13900 19500 19500 15800 13800 15000 14700 15000

View stock analysis, news, and events for Develia S.a.