42/2017 The start of the second stage of URSA PARK Investment

Management Board of CPD S.A. (hereinafter the Company) would like to inform that on the 14th of November 2017 within the scope of the contract for execution of construction works in the general contracting system concluded between Ursa Park Smart City Sp. z o.o. Sp. K. (previous name 4/113 Gaston Investments Sp. z o.o. Sp. K.) as the Ordering Party and UNIBEP S.A., the Ordering Party has decided to implement Phase II of the Investment by notifying UNIBEP S.A. in writing. The Issuer informed about conclusion the agreement in the current report 25/2017.

The start of the second stage is scheduled for the first quarter of 2018 and the completion for the third quarter of 2019.

The remuneration for realization of the second stage was estimated at approximately PLN 33.4 million net.

Legal basis:

Art. 17 par. 1 MAR – Confidential Information

Signatures of persons representing the Company:

Elżbieta Donata Wiczkowska, President of the Management Board, 14 November 2017