The Management Board of CPD S.A. with its registered office in Warsaw [“Issuer”] hereby announces that on February 20, 2026, the Issuer’s subsidiary, CPD Capital LLC, with its registered office in Jefferson, Louisiana, USA [“CPD Capital”], acquired all ownership rights in JJTA 19 LLC with its registered office in Jacksonville, Florida, USA [“Company”].
The company acquired by CPD Capital owns a property located in Jacksonville, Florida, USA, operating under the name “Ryar Road Apartments.” The property comprises a plot of approximately 8,000 m² with three residential buildings totaling approximately 646 m², divided into 12 rental apartments. The value of the property owned by the Company is USD 1,536,800.
CPD Capital acquired the rights in the Company from Mr. Jarosław Tadla for USD 836,267.19, calculated as the value of the property, which is the Company’s dominant asset, less the value of the Company’s liabilities, including the value of the Company’s loan of USD 663,732.81.
The Issuer, CPD Capital, and Mr. Jarosław Tadla have agreed that, in order to pay for the acquisition of rights in the Company, Mr. Jarosław Tadla will acquire 930,530 Series D shares in the Issuer issued pursuant to Resolution No. 5 of the Extraordinary General Meeting of the Company of November 19, 2025, for a total issue price of PLN 2,977,696.00. Subsequently, the Issuer, CPD Capital, and Mr. Jarosław Tadla will offset their respective receivables. As a result of this settlement, CPD Capital will become the owner of rights in the Company in exchange for shares in the Issuer.
The acquisition of ownership rights in the Company represents another step towards the Company’s further development in line with the Issuer’s strategy for 2025-2028, which includes, among other things, owning residential rental properties in Florida, USA.
By acquiring the Company’s shares, the Issuer is expanding its operations in the residential real estate rental industry located in Florida, USA.