Dekpol S A : Arrangements concerning basic content of a contract on construction of a warehouse

Current report no. 16/2021 Date of issue: 2021-04-12

Abbreviated name of the Issuer: DEKPOL S.A.

Subject: Arrangements concerning basic content of a contract on construction of a warehouse

Legal basis: Article 17 Section 1 MAR (Market Abuse Regulation) - inside information.

Content of report:

Management Board of Dekpol S.A. ("Issuer") announces, that on 12th of April 2021 received a bilaterally signed protocol of takeover by Issuer's subsidiary - Dekpol Budownictwo Sp. z o.o. ("Dekpol Budownictwo") of construction site from Panattoni Development Europe Sp. z o.o. ("PDE"), which confirms the basic agreement on content of the planned contract, the subject of which is execution by Dekpol Budownictwo of works as a general contractor in construction of a warehouse with an area of approx. 28 000 of square meters as well as other buildings, structures, parking spaces, internal roads, loading areas or other facilities in Ujrzanów near Siedlce.

Finalization of construction works has been scheduled for September 2021, while net remuneration for execution of works is counted at over 5% of revenues of the Dekpol Capital Group for 2019 (converted according to euro exchange rate from 12th of April 2021). It does not include remuneration for any works to be performed in addition. The contract, which is foreseen to be concluded between Dekpol Budownictwo and the entity indicated by PDE will also cover works performed until its conclusion, executed on the basis of current arrangements. The Company will announce about conclusion of the contract in a separate current report.