Execution by the Issuer’s subsidiary of a sale agreement for the real property located in Kraków on which the Brain Park C office building has been constructed

The Management Board of Echo Investment S.A. (the Issuer) informs that on 7 November 2025 the Issuer’s subsidiary, i.e., “ECHO – ARENA” spółka z ograniczoną odpowiedzialnością with its registered office in Kielce, as the seller (the Seller), and Greenstone Brain Park spółka z ograniczoną odpowiedzialnością spółka komandytowa (previously: Greenstone Asset Management spółka z ograniczoną odpowiedzialnością Szczecin spółka komandytowa) with its registered office in Warsaw, as the buyer (the Purchaser, and together with the Seller, collectively referred to as the Parties), entered into an agreement for the sale of a property located in Kraków that is held by the Seller under the right of perpetual usufruct (the Sale Agreement).

Subject of the Transaction

Under the Sale Agreement, the Purchaser acquired the Seller’s real property and other assets including, in particular:

1. 1. 1. the perpetual usufruct right to the land plot with cadastral number 775 located in Kraków at 1B Fabryczna Street (the “Land”), the ownership right to the office building designated as “Brain Park C” erected on the Land (the “Building”), as well as the structures erected on the Land, for which rights the District Court for Kraków-Podgórze in Kraków, 4th Land and Mortgage Register Division, maintains land and mortgage register no. KR1P/00270324/5 (the “Property”);
      2. title to the specified movable property.

As part of the transaction, the Parties also entered into a building quality guarantee agreement (the “Quality Guarantee Agreement”) and a rent guarantee agreement (the “Rent Guarantee Agreement”), while the Sale Agreement contains detailed provisions regarding the execution of the fit‑out works by the Seller (the “Fit‑Out Works Agreement”). The principal terms of the Quality Guarantee Agreement provide a quality guarantee in favor of the Purchaser for the Building and structures located on the Property. The principal terms of the Rent Guarantee Agreement provide for the Seller’s coverage towards the Purchaser of rent payments and service charges for premises within the Building that were not leased to third parties as at the signing date of the Sale Agreement, as well as for the premises which were leased to third parties but were not yet handed over to the relevant tenant. The principal terms of the Fit‑Out Works Agreement provide for the Seller’s obligation to carry out fit‑out works on the Property to the extent such fit-out works were not performed prior to the Sale Agreement.

Transaction Value and Price

The transaction value (the “Transaction Value”) as at the date of the Sale Agreement amounted to 33.047.243 EUR plus VAT.

The Closing Price was calculated on the basis of the Transaction Value less, the amount corresponding to the value of rent‑free periods. As a result, the Closing Price amounted to EUR 32,373,745.27 plus VAT.

The provisions of the Sale Agreement do not deviate from those typically used in transactions of this kind. The Sale Agreement contains standard provisions for such transactions regarding the seller’s and buyer’s representations and warranties and the Parties’ liability.