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

The Management Board of Echo Investment S.A. (the Issuer) informs that on 11 March 2026 the Issuer’s subsidiary, i.e., “ECHO – ARENA” spółka z ograniczoną odpowiedzialnością with its registered office in Kielce, as the seller (the Seller), and Transitions Europe (Société civile de placement collectif immobilier (SCPI) à capital variable) with its registered office in Paris, represented by Arkea Real Estate Investment Management (société par actions simplifiée (SAS)), 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 773 located in Kraków at 1 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.

The price under the Sale Agreement amounted to EUR 34,000,000.00 plus VAT.

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”). 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.

Additionally, the Seller will establish: (i) deposit for coverage of the rent-free periods covered under the Rent Guarantee Agreement, (ii) deposit securing costs of removal of technical defects identified in the Building.

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.