Extraordinary announcement

On exploring the possibility of residen�al development in the Company's southern development

area

Today, our Company entered into a Coopera�on Agreement with Synergy Construc�on Hungary K�. to explore the possibility of residen�al development on the 2.5 hectare Southern Development Area, which is owned by our Company and separated from the office park by a public road. Synergy K�., our partner in the joint work, will also have the opportunity to purchase the land under the terms of the Coopera�on Agreement. The research is expected to be completed and the results published by the end of this year or early next year.

Over the past few years, during discussions with some tenants and local authori�es, our Company has come to the conclusion that instead of developing addi�onal office buildings in an area separated from the central area of the office park by a public road, it would be more appropriate to develop residen�al and related service units that complement the office park and the adjacent old gasworks district from an urban design, urban planning and economic point of view. Such a development would also be in keeping with the tradi�on of the former Óbuda gasworks, which provided its employees with housing close to their workplace. Our Company was therefore open to such a proposal from Synergy Construc�on Hungary K�., a company with a proven track record and references in the development and sale of high-quality residen�al proper�es. Under the terms of the Coopera�on Agreement, the par�es will jointly assess the poten�al for residen�al development in the area, and upon comple�on of the research, which is expected by the end of this year or early next year, Synergy Construc�on Hungary K�. will have the opportunity to purchase the area and the project company owning it, under the condi�ons specified in the Coopera�on Agreement.

May 13, 2024

Graphiso� Park SE

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Graphisoft Park SE published this content on 13 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 May 2024 11:05:51 UTC.