UNIBEP S A : Update of information on conclusion of a conditional agreement for the implementation of a residential investment at Nałęczowska Street in Warsaw

With reference to the content of the current report No. 48/2019 of 7 October 2019, on the conclusion of a conditional agreement (Agreement) with YIT Development Sp. z o.o. with its office in Warsaw (Ordering Party) for the implementation of a residential investment at Nałęczowska Street in Warsaw (Investment), the Management Board of Unibep SA (Issuer) informs that on 12 November 2019, received from the Ordering Party - after Ordering Party's prior intra-corporate consent of the Ordering Party's partner - a written order of commencement of works, therefore, the Agreement entered into force on the same day in relation to the implementation of the second stage of the Investment.