Company HB Reavis Finance PL 3 sp. z o.o. with its registered office in Warsaw at ul. Postępu 14, 02-676 Warsaw, entered into the register of entrepreneurs of the National Court Register maintained by the District Court for the capital city of Warsaw in Warsaw, XIII Commercial Division of the National Court Register under No. 0000741386, REGON: 380827481 (hereinafter referred to as the Issuer) is the issuer of the Bonds:

− Bonds with a floating rate of WIBOR + Margin 5 % p.a., ISIN: PLHBRF300018, with issue date 08.12.2020 and maturity date 08.12.2023, Final Terms dated 19.11.2020, available at: https://gpwcatalyst.pl/emitenci-obligacji-dokumenty-firmy (together, the "Bonds").

Terms not defined herein shall have the same meanings as set forth in the prospectus for the Bonds.

All of the Bonds have been issued under the Issuer's bond programme of up to PLN 400,000,000 (the "Programme"). The Issuer has prepared and published in connection with the Programme a base prospectus dated 04.12.2020 available at: https://gpwcatalyst.pl/emitenci-obligacji-dokumenty-firmy. The terms and conditions of each Bond are set out in Part 9.5 (Document defining the terms and conditions of the Bonds) of the aforementioned Base Prospectus and the relevant Final Terms (together, the "Terms and Conditions").

On 16.2.2022, the Issuer informed the Bondholders (each Bondholder hereinafter referred to as a "Bondholder") that the HB Reavis Group, of which both the Issuer and the Guarantor is a part (hereinafter referred to as the "HB Reavis Group"), has commenced, as part of a corporate
reorganisation, to take steps to consolidate a part of the HB Reavis Group's investment portfolio and to separate a significant part of its assets from the HB Reavis Group.

The Issuer hereby notifies the Bondholders that on 30 November 2022, HB Reavis Group has carried out a corporate reorganisation whereby a part of the investment portfolio of HB Reavis Group has been separated by way of spinning off a significant part of the assets from HB Reavis Group. These assets include Bloom Clerkenwell in the United Kingdom, Agora Hub and Agora Tower in Hungary, Forest Campus, Forest Tower, Varso 1, Varso 2 and Varso Tower in Poland (in Warsaw) and Nivy
Tower in Slovakia. The Issuer notes that the DSTRCT project in Germany, which is also part of the announced Reorganisation, is likely to be separated from the HB Reavis Group's portfolio on 15 December 2022 (together, the Reorganisation). The Issuer will issue a separate announcement following the completion of the separation of the DSTRCT project in Germany from the HB Reavis Group's portfolio.

The Issuer further announces that the implementation of the reorganisation (or part thereof) does not constitute an event of breach of the Conditions.

THIS ANNOUNCEMENT, INCLUDING THE ANNEXES AND THE INFORMATION CONTAINED HEREIN, IS INTENDED ONLY FOR A LIMITED AUDIENCE AND IS NOT FOR ISSUE, PUBLICATION, DISTRIBUTION OR TRANSMISSION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION IN WHICH SUCH PUBLICATION, ISSUE OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR CONTAIN ANY INVITATION, RECOMMENDATION, OFFER OR ADVICE TO ANY PERSON TO SUBSCRIBE FOR, OTHERWISE ACQUIRE OR DISPOSE OF ANY SECURITIES OF HB REAVIS FINANCE PL 3 SP. Z O.O. OR ANY OTHER ENTITY IN ANY JURISDICTION. NEITHER THIS ANNOUNCEMENT NOR THE FACT THAT IT HAS BEEN MADE CONSTITUTES ADVICE OR SHOULD BE RELIED UPON IN MAKING ANY INVESTMENT DECISION IN RELATION TO OR IN CONNECTION WITH THE COMPANY HB REAVIS FINANCE PL 3 SP. Z O.O..THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 17(1) OF REGULATION (EU) NO 596/2014, AS AMENDED. THIS MATERIAL DOES NOT CONSTITUTE A PROMOTIONAL COMMUNICATION WITHIN THE MEANING OF ARTICLE 22 OF REGULATION (EU) 2017/1129 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL OF 14. JUNE 2017 ON THE PROSPECTUS TO BE PUBLISHED WHEN SECURITIES ARE OFFERED TO THE PUBLIC OR ADMITTED TO TRADING ON A REGULATED MARKET AND REPEALING DIRECTIVE 2003/71/ES
Data Imię i Nazwisko Stanowisko Podpis
2022-12-07 17:09:26Peter PecnikPresident of the Board
2022-12-07 17:09:26Peter AndrasinaMember of the Board