Investor relations

Subject: Conclusion of an annex to the preliminary real estate sale agreement

Legal basis: Article 17 section 1 of MAR – confidential information

Content of the report:

The Management Board of J.W. Construction Holding S.A. with its registered office in Ząbki ("Company"), in reference to the information provided on 2 June 2020 in the current report 44/2020 on the conclusion of the preliminary contract of sale and the preliminary contract for the conditional contract of sale of the Company's real estate in perpetual usufruct located in Szczecin in the area of Franciszka Ksawerego Druckiego- Lubeckiego Street (" Agreement") comprising plots:

numbered: 10/1, 11/1, 12/1 from section 101, No 10 from section 19, No 11 from section 326201_1.3019 and No 9/2 from section 97 with a total area of 3.7983 ha ("Real Estate 1") for the amount of 7.976.420,00 PLN net plus VAT at the applicable rate

numbered: 8/5, 8/6 and 8/7 from section 3019 with a total area of 9.4586 ha ("Real Estate 2") for the amount of PLN 19,863,060.00 net plus VAT at the applicable rate;

Hereinafter referred to collectively as "Properties".
informs that, on September 3, 2020 the Parties concluded an annex whereby:

1) The Parties set the date of concluding the sale agreement and the ownership transfer agreement in the execution of the conditional sale agreement within 10 days from the date of receipt by any of the Parties of the statement of the President of the City of Szczecin on the non-exercise of the pre-emptive right to purchase Real Estate 1 or after the expiry of the statutory 30-day deadline for submission of such statement, but not later than 30 November 2020.

2) The Buyer, having familiarized itself with the Properties, resigned from the condition of the contract concerning a positive result of the legal and technical condition of the Properties.