Subject:Execution by the Issuer's subsidiary of asale agreement for the real property located in Kraków on which theBrain Park C office building has been constructed
The Management Board of Echo Investment S.A. (theIssuer)informs that on 7 November 2025 the Issuer's subsidiary, i.e., "ECHO -ARENA" spółka z ograniczoną odpowiedzialnością with its registeredoffice in Kielce, as the seller (theSeller), and GreenstoneBrain Park spółka z ograniczoną odpowiedzialnością spółka komandytowa(previously: Greenstone Asset Management spółka z ograniczonąodpowiedzialnością Szczecin spółka komandytowa) with its registeredoffice in Warsaw, as the buyer (thePurchaser, and together withthe Seller, collectively referred to as theParties), enteredinto an agreement for the sale of a property located in Kraków that isheld by the Seller under the right of perpetual usufruct (theSaleAgreement).
Subject of the Transaction
Under the Sale Agreement, the Purchaser acquired theSeller's real property and other assets including, in particular:
(a)the perpetual usufruct right to theland plot with cadastral number 775 located in Kraków at 1B FabrycznaStreet (the "Land"), the ownership right to the officebuilding designated as "Brain Park C" erected on the Land (the "Building"),as well as the structures erected on the Land, for which rights theDistrict Court for Kraków-Podgórze in Kraków, 4th Land and MortgageRegister Division, maintains land and mortgage register no.KR1P/00270324/5 (the "Property");
(b)title to the specified movable property.
As part of the transaction, the Parties also enteredinto a building quality guarantee agreement (the "QualityGuarantee Agreement") and a rent guarantee agreement (the "RentGuarantee Agreement"), while the Sale Agreement contains detailedprovisions regarding the execution of the fitout works by the Seller(the "FitOut Works Agreement"). The principal termsof the Quality Guarantee Agreement provide a quality guarantee in favorof the Purchaser for the Building and structures located on theProperty. The principal terms of the Rent Guarantee Agreement providefor the Seller's coverage towards the Purchaser of rent payments andservice charges for premises within the Building that were not leased tothird parties as at the signing date of the Sale Agreement, as well asfor the premises which were leased to third parties but were not yethanded over to the relevant tenant. The principal terms of the FitOutWorks Agreement provide for the Seller's obligation to carry out fitoutworks on the Property to the extent such fit-out works were notperformed prior to the Sale Agreement.
Transaction Value and Price
The transaction value (the "Transaction Value")as at the date of the Sale Agreement amounted to 33.047.243 EUR plus VAT.
The Closing Price was calculated on the basis of theTransaction Value less, among other things, the amount corresponding tothe value of rentfree periods, as well as other costs. As a result, theClosing Price amounted to EUR 32,373,745.27 plus VAT.
The provisions of the Sale Agreement do not deviatefrom those typically used in transactions of this kind. The SaleAgreement contains standard provisions for such transactions regardingthe seller's and buyer's representations and warranties and the Parties'liability.
Legal basis: Article 17(1) of MAR - inside information