Develia S A : Investor's report DEVELIA Group 1H 2022

PRESENTATION FOR INVESTORS

September 2022

Develia Group - Summary H1 2022

• Housing sector

964 premises sold in H1 2022 vs 1062 in H1 2021

206 premises delivered in H1 2022 vs 758 in H1 2021

1 246 new premises on the offer in H1 2022 (construction started)

110 reservation agreements as at the end of H1 2022

• 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 - H1 2022 Performance

Gross margins on sales in the development segment of 27,9%

Consolidated net profit of PLN 15,8 m vs net loss PLN 55,7 m (H1 2021)

Consolidated net profit adjusted for total revaluation settled through profit or loss PLN 6,5 m vs PLN 64,2 m (H1 2021)

Agenda

1. Market situation

2. Housing sector

3. Commercial real property

4. Financial Data

5. Attachments

www.develia.pl

1. Market situation

Housing market

Number of building permits granted, constructions started, and flats delivered by developers on a quarterly basis

			Construction started			Flats delivered			Building permits granted
70 000																			65 485
60 000											57 111	56 334	52 733		55	451
												52 020
															48 467
50 000							45 502
43 917			42 382			44 112
		42 863			40 318
		38 338						37 347
40 000				34 869				36 815
		35 286
30 000
20 000	73230 68425	63135 46122	98133 64429	28331 76133	38533 64828	18433 11730	71035 03332	74339 13740	84731 42230	68621 94331	28340 95838	39236 44742	13040 40430	55247 13230	34640 75936	25738	44344	67531 34929	88839 57033
10 000	Source: GUS (Central Statistical Office of Poland)
-

Offer at the end of quarter

	60 000																	Flats for sale and sold yearly compared with the offer
of units
70044	10045	80046	70050	10051	30051	20050	30050	30044	90048	30049	00048	10042	80037	60036	40037	30040	*00051
Number

50 000	* Actualoffer at
	the end 2Q'2022
40 000	43,2 tys.
30 000
20 000
10 000
0

5

• Actual supply 11,5 tys.

Offer at the end of quarter	Source: JLL,( aggregate for main biggest markets (Warsaw, Wrocław, Gdańsk, Sopot, Gdynia, Cracow, Poznań, Łódź)