Acquisition of real estate by auction.TheManagement Board of Korporacja Gospodarcza _quot;Efekt_quot; S.A. based in Kraków(hereinafter: the Company, the Issuer) announces to the public that onDecember 22, 2021, the District Court in Piaseczno, 1st Civil Division,as part of the ongoing enforcement proceedings against real estatelocated in Konstancin Jeziorna at ul. ul. Głowackiego 3, for which theDistrict Court in Piaseczno, 4th Land Registry Department keeps land andmortgage registers with the number KW WA5M / 00293575/3 and KW WA5M /00001657/9, awarded the Issuer as the entity that offered the highestpurchase price of the above-mentioned real estate in progress conductedon December 15, 2021, their first auction. The above-described biddingtook place at the purchase price of the above-mentioned real estateoffered by the Issuer in the amount of PLN 4,392,425.63 gross, ieincluding VAT at a rate of 23% and at the same time constituting thestarting price for the purchase of the above-mentioned real estate.Thepurchase of the above-mentioned real estate took place as part of courtenforcement, and therefore it will constitute an original purchase. Byentering the tender, the Issuer paid a guarantee in the amount of onetenth of the sum of the estimate of the above-mentioned real estate, iein the amount of PLN 585,656.75. The remaining part of the purchaseprice, ie with the deduction of the paid warranty amount, the Issuerwill be obliged to pay in accordance with Art. 967 of the Civil Code,i.e. after the above-described decision on the adjudication becomesfinal.The acquisition of the described properties is anexpression of the implementation in the real estate segment of extendingthe market field of Korporacja Gospodarcza _quot;Effect_quot; S.A. by increasingthe Company's active presence on the real estate market and ensuringpermanent participation in it, aimed at acquiring new assets, includingreal estate, in order to conduct activities established by the Issuer onthem, both in the field of development and development and commercialinvestments, including implementation of projects consisting in theconstruction of residential buildings with apartments for rent. Thisaction is a consequence of the efforts of the Issuer's Management Boardto diversify the sources of income, especially in the face of thecurrent economic realities, which in the long term should translate intostrengthening the position of the Economic Corporation _quot;Effect_quot; S.A. onthe market, and consequently, the increase in the value of the Issuer'sshares.Legal basis: Art. 17 sec. 1 of the Regulation(EU) No 596/2014 of the European Parliament and of the Council of 16April 2014 on market abuse (market abuse regulation) and repealingDirective 2003/6 / EC of the European Parliament and of the Council andCommission Directive 2003 / 124 / EC, 2003/125 / EC and 2004/72 / EC(also known as MAR)