Develia S.A. (WSE:DVL) , entered into a preliminary agreement to acquire 100% stake in 19 polish subsidiaries from Nexity SA (ENXTPA:NXI) for €100 million on June 1, 2023. These 19 subsidiaries are (i) Nexity Polska sp.z o.o., (ii) Nexity Polska 303 sp. z o.o., (iii) NP 7 sp.

z o.o., (iv) NP 8 sp. z o.o., (v) NP 9 sp. z o.o., (vi) NP10 sp.

z o.o., (vii) NP 15 sp. z o.o., (viii) NP 16 sp. z o.o. (ix) NP 11 sp.

z o.o., (x) NP 12 sp. z o.o., (xi) NP 14 sp. z o.o., (xii) NP 17 sp.

z o.o., (xiii) NP 18 sp. z o.o., (xiv) NP 19 sp. z o.o., (xv) NP 20 sp.

z o.o, (xvi) NP 21 sp. z o.o., (xvii) NP 22 sp. z o.o., (xviii) NP 23 sp.

z o.o., and (xix) NP 24 sp. z o.o., all having its registered seat in Warsaw. The price shall be paid in total on the date of the final agreement dated It is expected that execution of the final agreement shall occur by September 30, 2023.

Execution of the final agreement is subject to fulfilment of the condition precedent of obtaining the approval of the President of the Office of Competition and Consumer Protection for the concentration within the transaction. Linklaters C. Wisniewski i Wspolnicy Spolka Komandytowa acted as legal advisor to Develia S.A. (WSE:DVL). Ernst & Young Conseil France acted as Accountant Advisor to Develia S.A.