Slides
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Financial Results 1Q 2025 Warsaw, June 2025
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A G E N D A 2 PART 01 Summary PART 02 Sales results and revenue perspective PART 03 Financial results PART 04 Plans of ROBYG Group PART 05 ESG PART 06 Appendices
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S u m m a r y1 Q 2 0 2 5 P A R T 01 3
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Revenues 177 mln PLN Operating cash flow 181 mln PLN (excl. purchases of new plots) 267 mln PLN 01. Summary 1Q 2025 Financial Results 1Q 2025 * Including amounts kept on individual escrow accounts. 4 Strong cash position*
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01. Summary 1Q 2025 Units presold: 500* (net after cancellations) Number of units under construction 3 236 Units on offer 1949 (out of which 1% finished goods) Total land bank units 21186 Numberof units recognised in revenues 185 5 * Incl. 66 agreements in jointly controlled projects
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01. Summary 1Q 2025 * Vantage Development (incl . jointly controlled projects ) and TAG Residential ( directly owned by TAG) Residential sales coordination Number of units contracted in 1Q 2025: General contractor services Number of units under construction as of 31.03.2025: 5 ROBYG Group’s activitiesfor other entities within TAG Poland* 92 1 423 Revenue from services provided to other entities within TAG Poland in 1Q 2025: 34 mln PLN
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NEW PLOTS approx. 3 1 8 mln PLN ROBYG Group – material acquisitions and financial activities * *Issuance in 2Q 2025. New financing: 4 7 0mln PLN FINANCIAL ACTIVITY Wroclaw Gdynia Warsaw CREDIT FACILITIES •revolving loan with the limit of PLN 70 mln* BONDS •newissuanceof bonds (PF series) PLN 250mln •newissuanceof bonds (PG series) PLN 150mln** Total expected potential for construction of ca. >122k sqm of usable area. 01. Summary 1Q 2025 6 Area of plots [ha] Type of contracts Locations 2,9 Final Wroclaw, Krzyki 7,3 Final Warsaw, Wilanów Total: 10,2 *Signed in 2Q 2025. Wroclaw Warsaw
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Sales results & revenue perspective P A R T 02 7
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02. Sales results & revenue perspective 8 D e v e l o p e r a n d p r e l i m i n a r ya g r e e m e n t ss i g n e d i n 1 Q 2025 : 3 8 8 * 1019 1113 1731 2118 2333 2957 3471 2520 2156 4308 2144 2809 1 891 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 9% 56% 22% 10% 27% -27% 2% 2 5 69 -16% 100 % -50% 31% 17% -33 % Note: Until 2020, contracted units included signed reservation and preliminary agreements. Since 2021, in line with amendments to the Developer Act, contracted units refer to signed developer and preliminary agreements. * Incl . 65 agreements in jointly controlled projects 3 8 8
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02. Sales results & revenue perspective 18% POZNAN 88 UNITS 18% WARSAW 254 UNITS 51% WROC LAW 20 UNITS 4% GDANSK & GDYNIA 138 UNITS 27% 4% 27% 51% GDANSK &GDYNIA WARSAW POZNAN WROC LAW Pre-sold units in 1Q 2025: 5 0 0 * * Incl . 66 agreementsin jointlycontrolledprojects. 9
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02. S a l e s r e s u l t s& r e v e n u ep e r s p e c t i v e R O B Y G G r o u p– u n i t so n o f f e r * I n c l . 351 u n i t s o n o f f e r i n j o i n t l y c o n t r o l l e d p r o j e c t s . . 10 N u m b e rof u n i t so n offer 2185 1524 1744 1646 1540 112 205 99 49 39 2297 1729 1843 1695 3Q 2023 2Q 2 0 2 4 3Q 2024 Un its u n d e r construction* Un its c o m p l e t e dU n i t su n d e rc o n s t r u c t i o n U n i t sc o m p l e t e d 1719** 58 1777 4 Q 2024 1 7 1 9 1579 58 4 Q 202 3 1 Q 2 0 2 4 1719** 58 1949* F I N I S H E D G O O D S O N O F F E R: 1% 1 9 2 6 23 1 Q 202 5
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R O B Y G G r o u p– r e v e n u er e c o g n i t i o n( a s at March 31st, 2025) Rec o gn itio n p o te n tial of u n its in reven u es : U n i t sn o t p r e s o l da n d n o t r e c o g n i z e d*: 1 949 Completed : 23 U n d e r c o n s t r u c t i o n: 1 215 W h i c hc o n s t r u c t i o nh a s n o t s t a r t e dy e t: 711 T o t a l 2024: 2 331 U n i t sp r e s o l da n d n o t r e c o g n i z e d**: 2289 Completed : 170 U n d e r c o n s t r u c t i o n: 2115 W h i c h c o n s t r u c t i o n h a s n o t s t a r t e d y e t, b u t i n c l u d e di n p r e- s a l e sp r o c e s s: 4 N u m b e rof u n i t sr e c o g n i z e di n r e v e n u e s( q u a r t e r l y) 11 T o t a l 2023: 3 361 * I n c l . 351 units not presold in jointly controlled projects . ** I n c l . 447 units presold in jointly controlled projects . 2308 484 243 562 2071 687 412 208 4Q 2022 1Q 2023 2Q 2023 3Q 2023 4Q 2023 1Q 2024 2Q 2024 3Q 2024 T o t a l 202 2: 3 479 4 Q 2024 1024 02. S a l e s r e s u l t s& r e v e n u ep e r s p e c t i v e 185 1 Q 2025
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02. S a l e s r e s u l t s& r e v e n u ep e r s p e c t i v e N u m b e r o f u n i t s t o b e c o m p l e t e d i n 2 0 25 - 202 6 a n d a l s o ( c o n t r a c t e d ) u n t i l M a r c h 3 1 s t 202 5 12 202 5 202 6 T o t a l & c o n t r a c t e d 202 5+202 6 T o t a l units C o n t r a c t e d T o t a l units C o n t r a c t e d T o t a l units C o n t r a c t e d R y t m M o k o t o w a, W e n d y (jointly controlled ) – W a r s a w & Gdynia - - 736 (385 ) 7 3 6 (385 ) M o d e r n City , Young City 2 – W a r s a w - - 329 (175) 329 (175 ) R o y a l R e s i d e n c e , P r a g a P i a n o – W a r s a w 445 (434) 208 (74) 653 (508) S a d y Ur s yn ó w, O s i e d leK a m e r a l n e – W a r s a w 214 (142) 96 - 310 (142 ) Porto, Kobieli , Leszczynskich 2 – G d an sk & Gdynia 359 (359) 351 (41) 710 (400 ) Sz u m i l a s , F o r e s t e r i a, R o s a – G d an sk 48 (32) 353 (89) 401 (121 ) N a d m o t ł a w i eE s t a tes – G d a n s k - - 235 (70) 235 (70) J a g o d n o, P o c z ą t e k P i ą t k o w o , P r z y s t a n e k T a r n o ga j, A p a r t a m e n t y K r a k o w s k a – W r o cl a w & P o z n an 519 (293) 186 (25) 705 (318 ) 1 58 5 (1 260 ) 2 494 (859) 4 079 (2 119 ) +193* (170) 612** - +805 (170) 1 778 (1 430 ) 3 106 (859) 4 884 (2 289 ) -83 - +83 - - - P o t e n t i alof h a n d o v e r s 1 695 (1 430 ) 3 189 (859) 4 8 8 4 (2 289 ) H a n d o v e r s ( e s t i m a t ed) 1 69 5 (1 695 ) 2 7 0 0 (2 700) 4 395 (4 395 ) 84% 32 % 52 % * Units completed in prior years to be recognised. ** Units planned to be completed in 2026 which sale has not started yet as 31.03.2025.
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02. S a l e s r e s u l t s& r e v e n u ep e r s p e c t i v e N u m b e ro f u n i t st o b e c o m p l e t e di n 202 5 G d ansk & Gdynia War saw Wr oc law & P ozna n 13T O T A L: 1 58 5 Pro je ct T o t a l n o . o f u n i t s t o be c o m p l e t e d i n 2 0 25 P o r t o 359 Rosa 48 T O T A L 407 Pro je ct T o t a l n o . o f u n i t s t o b e c o m p l e t e d i n 2 0 25 Osiedle Kameralne 65 P r a g a P i a n o 218 R o y a l R e s i d e n c e 227 S a d y U r s y n ó w 149 T O T A L 6 5 9 Pro je ct T o t a l n o . o f u n i t s t o b e c o m p l e t e d i n 2 0 25 P o c z ą t e k P i ą t k o w o 304 J a g o d n o 86 P r z y s t a n e k T a r n o g a j 129 T O T A L 519
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02. S a l e s r e s u l t& r e v e n u ep e r s p e c t i v e N u m b e ro f u n i t st o b e c o m p l e t e di n 202 6 G d ansk & Gdynia War saw Wr oc law & P ozna n 14T O T A L: 3 1 0 6 ** Pro je ct T o t a l n o . o f u n i t s t o be c o m p l e t e d i n 2 0 26 N a d m o t ł a w i e 235 R o s a R e s i d e n c e 60 S z u m i l a s 166 W e n d y * 144 K o b i e l i 59 Fo resteria 127 Leszczynskich 137 T O T A L 1 083 Pro je ct T o t a l n o . o f u n i t s t o b e c o m p l e t e d i n 2 0 26 Modern City 150 Y o u n g C i t y 2 179 S a d y U r s y n ó w 96 R y t m M o k o t o w a * 592 R o y a lR e s i d e n c e 208 Other ** 398 T O T A L 1 6 2 3 Pro je ct T o t a l n o . o f u n i t s t o b e c o m p l e t e d i n 2 0 26 A p a r t a m e n t y K r a k o w s k a 186 Other ** 214 T O T A L 400 * Jointly controlled project. ** Including 612 units planned to completed in 2026, which sale has not started as at 31.03.2025
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F i n a n c i a l r e s u l t s P A R T 03 16
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03. F i n a n c i a l r e s u l t s 17 * Includingrevaluationof investment propertiesto fair value (PLNk) Q1 2025 Q1 2024 Change 2024 Revenues 176 846 401 824 (55,99%) 1 301 353 Sales of residential andcommercial units 99 725 374 989 (73,41%) 1 116 457 Revenues from sales to related parties 68 576 23 202 195,56% 166 513 Other revenues 8 545 3 633 135,21% 18 383 Cost of sales (141 988) (317 475) (55,28%) (975 391) Cost of units sold (67 585) (294 399) (77,04%) (814 561) Costs related to services provided to related parties (69 938) (18 627) 275,47% (141 484) Other costs (4 465) (4 449) 0,36% (19 346) Gross profit on sales 34 858 84 349 (58,67%) 325 962 Selling and marketing expenses (7 064) (5 922) 19,28% (24 111) Administrative expenses (16 024) (13 743) 16,60% (62 254) Other* 6 863 (2 212) (410,26%) 51 899 Operating profit 18 633 62 472 (70,17%) 291 496 Finance income 6 149 9 780 (37,13%) 34 455 Finance costs (4 505) (3 095) 45,56% (9 745) Profit before tax 20 277 69 157 (70,68%) 316 206 Income tax expense (3 688) (13 562) (72,81%) (58 088) Net profit 16 589 55 595 (70,16%) 258 118 Net profit attributable to equity holders of the parent 16 796 55 703 (69,85%) 259 065 Gross profit margin on sales 19,7% 21,0% N/A 25,1% Margin on sales of residential and commercial units 32 140 80 590 -60,12% 301 896 Margin on sales of residential and commercial units (%) 32,2% 21,5% N/A 27,0% Net profit margin 9,4% 13,8% N/A 19,8%
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F i n a n c i a l c o n d i t i o n 03. F i n a n c i a l r e s u l t s 18 (PLNk) Q1 2025 Q1 2024 Change 2024 Total assets, including: 3 904 172 3 262 121 19,68% 3 565 598 Non-current assets, including: 1 262 686 733 576 72,13% 1 003 056 Investment properties and investment properties under construction 931 189 455 648 104,37% 680 224 Loans granted to related parties 150 785 158 383 (4,80%) 147 714 Inventories 1 972 583 1 731 190 13,94% 1 797 756 Trade and other receivables 304 160 135 684 124,17% 311 382 Amounts kept on individual escrow accounts 135 529 143 019 (5,24%) 152 126 Cash and cash equivalents 131 086 505 871 (74,09%) 210 758 Equity: 1 768 067 1 553 260 13,83% 1 751 478 Total liabilities, including: 2 136 105 1 708 861 25,00% 1 814 120 LT interest bearing liabilities 551 075 296 518 85,85% 404 229 Current trade and other payables 412 253 195 505 110,87% 301 661 Current interest bearing liabilities 193 501 114 169 69,49% 189 485 Advances received from clients 573 349 737 997 (22,31%) 508 516
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S t a t e m e n t o f c a s h f l o w 03. F i n a n c i a l r e s u l t s 19 (PLNk) Q1 2025 Q1 2024 2024 Net cash flows from operating activities, including: 8 406 233 138 64 028 Expenditures for the purchase of new plots (172 904) (11 300) (432 949) Net cash flows from investing activities, including: (223 322) (5 305) (272 203) Purchase of investment properties and costs incurred in connection with them (242 144) (3 172) (321 627) Net cash flows from financing activities, including: 135 244 (62 813) 78 082 Proceeds from loans and borrowings 157 956 5 318 954 073 Proceeds from bonds issuance 250 000 - - Repayment of bank and loans (294 197) (65 441) (614 484) Repayment of bonds - - (210 000) Paid dividend - - - Interest and commissions paid (7 467) (1 824) (40 681) Net change in cash and cash equivalents (79 672) 165 020 (130 093)
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D E B T - A g i n g D e b t f i n a n c i n g N o m i n a l v a l u e a n d m a t u r i t y o f b a n k c r e d i t f a c i l i t i e s a n d b o n d s a s a t M a r c h31 s t 202 5 (P L N m). 03. F i n a n c i a l r e s u l t s 20 <1 y e a r 1-2 years 2-3 years 3-4 years 4 - 5 years O v e r 5 years T o t a l BANK CREDIT FACILITIES 7 6 , 3 8 135,36 6 0 , 1 2 0,0 0 0 , 0 0 0 , 0 0 271,86 BONDS 60 ,00 90 ,00 0 , 0 0 2 5 0 , 0 0 0 , 0 0 0 , 0 0 400,00 T O T A L 136,38 225,36 6 0 , 1 2 250,00 0 , 0 0 0 , 0 0 671,86
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L e v e r a g e a n d c o l l e c t i o n s a s a t M a r c h 31st 202 5 * N e t d e b t r a t i o = n e t d e b t * * / e q u i t y ** Net debt = interest bearing liabilities + derivatives + guarantees granted – intercompany loans – cash and cash equivalents – amounts kept on individual escrow accounts *** including funds from jointly controlled projects N e t d e b t r a t i o* = 0, 25 A m o u n t c o l l e c t e d f r o m c l i e n t s a n d s o l d p l o t si n 1 Q 202 5 * * * = PLN 231 m i l l i o n A m o u n t t o b e c o l l e c t e d f r o m c l i e n t s** * = P L N 9 6 8 m i l l i o n based on the signed agreements with clients 21 03. F i n a n c i a l r e s u l t s
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Plan s o f R O B Y G G r o u p P A R T 04 22
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04. Plans of ROBYG Group Strategic goals 23 Realisationof the ESG strategy Residential sales in 2025 at the level of approx. 2 600 units* Maintaining of the land banklevel Increasing salesin the years ahead Expansion of activities in Warsaw, Wroclaw and Tricity Maintaining of margins * Incl. units in jointly controlled projects.
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04. P l a ns o f R O B Y G G r o u p St r a t e gy 24 A r e a s R O B Y G G r o u p V a n t a g eD e v e l o p m e n t G r o u p L e g a ls t r u c t u r e s S e p a r a t ec a p i t a lg r o u p s B u s i n e s s s e g m e n t C o n s t r u c t i o n a n d s a l e o f r e s i d e n t i a l a n d c o m m e r c i a l u n i t s P R S ( p r i v a t e r e n t e d s e c t o r ) – f l a t s f o r r e n t F i n a n c i n g Own funds and external financing Activities funded by TAG and external financing M a n a g e m e n t s t r u c t u r e C o m m o n m a n a g e m e n t s t r u c t u r e a n d s h a r e d a u x i l i a r y f u n c t i o n s s u p p o r t i n g t h e m a i n o p e r a t i n g a c t i v i t i e s ( i n a r e a s s u c h a s f i n a n c e , m a r k e t i n g , a d m i n i s t r a t i o n , e t c . ) T r a n s a c t i o n sb e t w e e n g r o u p s P r o v i d e do n m a r k e t t e r m s. Strategy for the operational and business activities of the ROBYG Group agreed with TAG Immobilien AG (hereinafter: "TAG") for all TAG activities on the Polish residential market, i.e. for the activities of the ROBYG Group and Vantage Development S .A.
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04. Plans of ROBYG Group * Includes preliminary land purchase agreements. ** Units for which presale has already begun (as at 31.03.2025) not included. On which 1 230 units in jointly controlled projects. Total land bank 21 186** units + 1 949 units on offer = 23 135 units Gdansk&Gdynia Warsaw Wroclaw Poznan TOTAL**: Gdansk & Gdynia + Warsaw + Wroclaw + Poznan + Lodz = 21 186 units 25 District Number of units % Ujescisko 53 1% Zabornia 66 1% Zaspa 459 9% Środmiescie (Gdansk) 1 238 25% Nowy Port 147 3% Kowale 355 7% Wielki Kack 777 16% Oliwa 897 18% Obłuże 136 3% Olszynka 234 5% Środmiescie (Gdynia) 611 12% TOTAL: 4 973 units – 23% District Number of units % Wilanow 800 7% Ochota 539 5% Białołęka 1 960 17% Bemowo / Jelonki 235 2% Ursus 495 4% Tarchomin 12 <1% Wlochy 860 7% Bemowo / Chrzanow 522 5% Mokotow / Czerniakow 1 015 9% Ursynow 96 1% Other* 4 850 43% TOTAL: 11 384 units – 54% District Number of units % Krzyki 412 22% Stare Miasto 299 16% Other* 1 176 62% TOTAL: 1 887 units – 9% District Number of units % Piatkowo 453 18% Ostrow Tumski 1 232 49% Rataje 852 34% TOTAL: 2 537 units – 12% Lodz District Number of units % Srodmiescie 405 100% TOTAL: 405 units – 2%
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04. Plans of ROBYG Group Commercial potential = 80 200 sqm of usable area Commercial potential = 80 200 sqm of usable area TOTAL: 80 200 sqm WROCLAW* 35 000 26*Preliminary land purchase agreements. WARSAW 30 000 GDANSK 15 200
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ESG PART 05 Creating people and planet friendly spaces 27
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MISSION OUR VALUES DIRECTIONS CARE The protection of natural resources and care for the environment are very important to us, hence we implement ecological solutions in all of our housing estates. SUPPORT We support local communities and foundations, we provide support for the most deprived membersof the communities. We cooperate with local businesses and take part in local cultural and sporting events. RESPONSIBILITY We act responsibly, choosing to cooperate with trustworthy partners, caring for the environment, and managing the company in a responsible way. “Our goal at ROBYG is to build homes and suitable surroundings for our clients. We develophomes and housing developments for entirecommunities that are integrated with thesurrounding investments. We aim to buildfor the benefit of our clients with considerationfor the nature and communities whichalready exist.” Oscar Kazanelson Chairman of the Supervisory Board 1 2 3 28 05. ESG FOR SOCIETY AND ENVIRONMENT ROBYG FOR SUSTAINABLE BUSINESS ROBYG FOR PEOPLE ROBYG FOR PLANET
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The biggest ESG successes in 2024 29 Development of a consolidated sustainability report in cooperation with TAG, in accordance with the European Sustainability Reporting Standards (ESRS) Voluntary assurance of the sustainability report by an external auditor New methodology for calculating CO2e emission intensity and launch of Scope 3 reporting Adoption and implementation of the ESG Strategy for 2024–2028 Launch of preparations for the construction of rental investments in line with the EU Taxonomy 88% of multi-family residential buildings constructed in 2024 have a primary energy demand (Ep) 10% lower than required* 05. ESG FOR SOCIETY AND ENVIRONMENT * An Ep indicator (primary energy demand of the building) 10% lower than the required level (65 kWh/m²/year) means compliance with the EU Taxonomy requirement for “construction of new buildings”, confirmed by energy performance certificates. A low Ep value translates into lower operating costs and reduced environmental impact.
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30 Focus Areas Strategic Goals 1. ROBYG as the number 1 low-carbon housing developer in Poland: • Continuation of reporting CO2e emission intensity in Scope 1 and 2, and extension to Scope 3 • 100% of renewable energy during the construction process in ROBYG by the end of 2025. ▪ Reduction of buildings’ primary energy demand by 10% (to 58.5 kWh/m²/year) by the end of 2027 ▪ From 2028 onwards, 100% of newly built rental buildings by ROBYG to be compliant with the EU Taxonomy. 2. Water management and biodiversity protection as key areas of the construction process. 3. Dissemination and development of the Green Standard (see next slide) as a formally binding standard for all new buildings by ROBYG and Vantage. 4. Minimum 80% of ROBYG housing concepts to be in line with the 15-minute city concept by the end of 2025 ROBYG for the Planet means that we lead a sustainable development process, and we fully respect the natural environment on all our projects. ▪ Leader of green transformation ▪ Water and biodiversity ▪ Green standard: successfully incorporating eco-friendly and low- carbon solutions ▪ Making the 15-minute city concept a reality We support sustainable goals United Nations: * Estimated values. Data for all projects in company’s history unless otherwise stated 05. ESG – Environmental dimension ROBYG FOR PLANET
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31 THE GREEN STANDARD In 2024, the Management Boards of ROBYG S.A. and Vantage Development S.A. officially adopted the Green Standard. It is an internal regulation that defines how construction works should be designed and carried out to ensure greater environmental sustainability. The Green Standard provides a comprehensive set of guidelines aimed at reducing our environmental impact, protecting biodiversity, managing resources efficiently, and enhancing the living comfort of our residents. ED lightning icromobility friendly estates with bicycle parkings and repair points lower meadows irdhouses and shelters for insects irdhouses and shelters for insects Retention tank utside and inside electric cars chargers riple gla ed windows Environmentally friendly e ternal insulation olar benches ro ecological rain gardens and green roofs hotovoltaic panels ocal estates green and recreation facilities inc. private parks and forest mart ouse system in he apartment idewalks from cubes anti smog reen recreation ctive design 15 minutes to all important services acilities for people with disabilities 05. ESG – Environmental dimension ROBYG FOR PLANET
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32 ▪ Employee well-being: be the employer that attracts, retains and grows people. ▪ Client satisfaction ▪ Community-friendly developer ▪ Education within the value chain 1. ROBYG Zero Accidents: zero serious and fatal accidents on construction sites as a key objective. 2. ROBYG as a leader in equal opportunities: ▪ Zero discrimination in the workplace ▪ Balanced gender diversity in managerial positions ▪ Minimising the gender pay gap 3. To be an employer that attracts, develops and retains people. ▪ Monitoring and minimising employee turnover ▪ 80% of employees and collaborators are satisfied with their work or have improved their skills ▪ 70% of employees and collaborators identify with the company’s values 4. We give more! - to be a developer offering affordable housing, higher standard without raising prices, and strong customer satisfaction ▪ Achieve a customer satisfaction rate above 90% (NPS > 90%) 5. To be a housing developer that local communities and neighbours welcome through building public infrastructure to foster long-lasting social ties. 8 Strategic Goals Focus Areas For us, construction is part of the process of creating new communities, which includes erecting buildings, developing infrastructure, shaping green areas, and creating spaces for recreation, integration, and relaxation. We support sustainable goals United Nations: * Estimated values. Data for all projects in company’s history unless otherwise stated 05. ESG – Social dimension ROBYG FOR PEOPLE
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33 ▪ ESG in management practices ▪ Business transparency through annual reporting ▪ Commitment to ESG initiatives ▪ Sustainable value chain management 1. Supporting the implementation of the UN Sustainable Development Goals. 2. Engagement and continued cooperation in selected international and national initiatives related to responsible business conduct. 3. 80% of key business partners' representatives trained in human rights, OHS, and the Code of Conduct by December 2027 4. Introduction of Human Rights due diligence procedures in the value chain by December 2027 5 . Maintaining zero violations of the Code of Conduct annually in the years 2024– 2028. 6. Ensuring 100% of employees and collaborators are trained in compliance. 7. Integration of ESG goals into the Management Board and senior management remuneration policy evaluation by 31 December 2024 8. Conducting business in a transparent manner, including annual sustainability reporting and reporting to the UN Global Compact Focus Areas Strategic Goals We act responsibly by choosing to partner with local businesses, caring for the natural environment and managing the company responsibly while delivering strong financial results. Sustainable governance also means that we communicate about our business in a clear and transparent manner. We support sustainable goals United Nations: * Estimated values. Data for all projects in company’s history unless otherwise stated 05. ESG – Governance dimension ROBYG FOR SUSTAINABLE BUSSINES
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All of us at ROBYG acknowledge how important sustainable growth is for the envirnomnent and society. So far we have done a lot, but we treat this is a journey that will involve over time. Thus, we are committed to continuing our work to constantly improve our performance and disclose it to the broader market. 34 05. ESG
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A p p e n d i c e s P A R T 06 35
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Oscar Kazanelson Chairman of the Supervisory Board Years at ROBYG: 20+ ▪ President of the Supervisory Board Artur Ceglarz Vice President, Head of Business Dev. Years at ROBYG: 20+ ▪ CDO since 2019 ▪ CFO 2007-2019 Years at ROBYG: 14 Alex Goor Chairman of the SB of ROBYG Construction Years at ROBYG: 19 Rafal Michalski Head of Technical Department CEO ROBYG Construction Years at ROBYG: 19 Joanna Chojecka Sales & Marketing Director in Warsaw and Wroclaw Years at ROBYG: 12 Anna Wojciechowska Head of ESG / Sales & Marketing Director in Gdansk and Poznan Years at ROBYG: 10 ▪ CFO since 2021 Marta Hejak Vice President, CFO Years at ROBYG: 15 Filip Cackowski Deputy CFO, CFO of ROBYG Construction Eyal Keltsh President of the Board, CEO Years at ROBYG: 17 ▪ CEO since 2022 ▪ COO 2009-2022 06. Appendices Senior Management Team 36 Years at ROBYG: 20+ Wojciech Gruza Head of Legal Department Years at ROBYG: 3 Dariusz Pawlukowicz Vice President, Head of HR
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06. Appendices Ownership structure TAG Immobilien AG holds indirectly 100% of ROBYG S.A. shares. 37 TAG Immobilien AG is a MDAX-listed (Frankfurt Stock Exchange) real estate company.
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06. A p p e n d i c e s T A G I m m o b i l i e n AG c o n s o l i d a t e df i n a n c i a l s( E U R m) 38 F i n a n c i a l d a t a C r e d i tr a t i n g T A G Immob ilien AG – investor relations : w w w . t a g- ag. c o m / e n / in v e s t o r- r e latio n s A g e n c j a O c e n a k r ó t k o t e r m i n o w a O c e n a d ł u g o t e r m i n o w a S t a n d a r d & Poor’s A - 3 BBB - Moody's P r i m e- 3 B a a 3 (m l n EUR) 1 Q 2 0 2 5 2024 2023 2022 2021 2020 2019 2018 Asset s 8 210,80 7 750,25 7 299,80 8 214,60 7 088,60 6 478,00 5 647,00 5 033,30 Equity 3 154,10 3 099,85 2 964,50 3 307,70 3 129,50 2 681,50 2 394,20 2 048,30 E B I T D A (adjusted ) 62,8 238,5 236,4 233,5 226,1 222,3 214,7 206,4 C o n s o l i d a t e dn e t profit /( loss ) 39,0 122,1 -410,9 117,3 585,6 402,6 456,4 488,2
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06. Appendices Description of investments – under construction (1) Lawendowe Wzgórza / Stacja Nowy Gdansk City: Gdansk District: Jasień No. of stages: ca. 35 Stages completed:36 No. of units: 3 750 units (completed: 3 697 units) Total sellable area: ca. 177.4k sqm Start of construction: Q3 2009 Planned completion date:Q2 2026 Osiedle Kameralne City: Warsaw District: Bemowo No. of stages: 8 Stages completed:5 No. of units: ca. 854 units (completed: 554 units) Total sellable area: ca. 46.3k sqm Start of construction: Q4 2010 Planned completion date: Q2 2026 39 City Sfera City: Warsaw District: Włochy No. of stages: 14 Stages completed: 5 No. of units:1 590 units (completed: 789 units) Total sellable area: ca. 69,2k sqm Start of construction: Q3 2018 Planned completion date: Q2 2031
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Description of investments – under construction (2) Young City 2 City: Warsaw District: Bemowo No. of stages: 4 Stages completed:2 Stages under construction: 1 No. of units: ca. 537 units (completed: 146 units) Total sellable area: ca. 26,5k sqm Start of construction: Q3 2017 Planned completion date: Q1 2027 06. Appendices 40 Modern City City: Warsaw District: Bemowo No. of stages: 9 Stages completed:4 Stages under construction:5 No. of units: ca. 943 units completed: 484 units) Total sellable area: ca. 43.9k sqm Start of construction: Q4 2018 Planned completion date: Q3 2028 Jagodno City: Wroclaw District: Krzyki No. of stages: 10 Stages completed: 7 Stages under construction: 3 No. of units: 854 units (completed: 760 units) Total sellable area: ca. 48.9k sqm Start of construction: Q1 2019 Planned completion date: Q2 2025
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06. Appendices Description of investments – under construction (3) Osiedle Życzliwa Praga City: Warsaw District: Tarchomin No. of stages: 8 Stages completed: 7 No. of units: ca. 796 units (completed: 784 units) Total sellable area: ca. 37.9k sqm Start of construction: Q2 2019 Planned completion date: Q3 2026 Nadmotławie Estate City: Gdansk District: Śródmieście No. of stages: 9 Stages completed: 4 Stages under construction: 1 No. of units: ca. 1 465 units (completed: 684 units) Total sellable area: ca. 68.7k sqm Start of construction: Q2 2019 Planned completion date: Q4 2029 41 Szumilas City: Gdansk (Kowale) No. of stages: 6 Stages completed: 3 Stages under construction: 1 No. of units: ca. 836 units (completed: 260 units) Total sellable area: ca. 41.3k sqm Start of construction: Q2 2021 Planned completion date: Q3 2028
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06. Appendices Description of investments – under construction (4) 42 Porto City: Gdansk District: Nowy Port No. of stages: 6 Stages completed: 3 Stages under construction: 2 No. of units: ca. 1 072 units (completed: 292 units) Total sellable area: ca. 55.2k sqm Start of construction: Q1 2021 Planned completion date: Q4 2026 Royal Residence City: Warsaw District: Wilanów No. of stages: 7 Stages completed: 5 Stages under construction:2 No. of units: 1 116 units (completed: 542 units) Total sellable area: ca. 62,6k sqm Start of construction: Q4 2021 Planned completion date: Q2 2026 Początek Piątkowo City: Poznan District: Piątkowo No. of stages: 8 Stages completed: 2 Stages under construction:4 No. of units: 1 265 units (completed: 294 units) Total sellable area: ca. 62,3k sqm Start of construction: Q3 2021 Planned completion date: Q2 2029
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06. Appendices Description of investments – under construction (5) 43 Sady Ursynów City: Warsaw District: Ursynów No. of stages: 5 Stages completed: 1 Stages under construction:2 No. of units: 561 units (completed: 98 units) Total sellable area: ca. 26.6k sqm Start of construction: Q2 2022 Planned completion date: Q1 2028 Rytm Mokotowa City: Warsaw District: Mokotów No. of stages: 4 Stages under construction:3 No. of units: 752 units Total sellable area: ca. 39.3k sqm Start of construction: Q2 2024 Planned completion date: Q4 2027 Praga Piano City: Warsaw District: Praga Południe No. of stages: 1 Stages under construction:1 No. of units: 218 units Total sellable area: ca. 10.9k sqm Start of construction: Q1 2024 Planned completion date: Q3 2025
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06. Appendices Description of investments – under construction (6) 44 Rosa City: Gdansk District: Ujeścisko No. of stages: 2 Stages under construction: 2 No. of units: 108 units Total sellable area: ca 5.6k sqm Start of construction : Q1 2024 Planned completion date: Q1 2026 Przystanek Tarnogaj City: Wroclaw District: Krzyki No. of stages : 1 Stages under construction: 1 No. of units: 130 units Total sellable area: ca 6.4 k sqm Start of construction : Q4 2023 Planned completion date: Q4 2025 City: Gdansk District: Brzezno No. of stages: 1 Stages under construction: 1 No. of units: 59 units Total sellable area: ca 3.5 k sqm Start of construction : Q1 2024 Planned completion date: Q2 2026 Kobieli
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06. Appendices Description of investments – under construction (7) 45 Wendy City: Gdynia District: Śródmieście No. of stages: 5 Stages under construction:1 No. of units: 755 units Total sellable area: ca. 37.0k sqm Start of construction: Q1 2024 Planned completion date: Q1 2030 Foresteria City: Gdynia District: Wielki Kack No. of stages: 7 Stages under construction:1 No. of units: 904 units Total sellable area: ca. 40.8k sqm Start of construction: Q3 2024 Planned completion date: Q2 2030 Apartamenty Krakowska City: Wroclaw District: Krzyki No. of stages: 3 Stages under construction:1 No. of units: 598 units Total sellable area: ca. 31.0k sqm Start of construction: Q3 2024 Planned completion date: Q1 2029
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06. Appendices Description of investments – under construction (8) 46 Leszczynskich 2 City: Gdansk District: Ujescisko No. of stages: 1 Stages under construction: 1 No. of units: 137 units Total sellable area: ca 7.2k sqm Start of construction : Q1 2025 Planned completion date: Q3 2026 Nowa Walowa City: Gdansk District: Srodmiescie No. of stages: 3 Stages under construction: 1 No. of units: 692 units Total sellable area: ca 40.5 k sqm Start of construction : Q1 2025 Planned completion date: Q4 2029
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06. Appendices Description of investments – completed (1) Szczęśliwy Dom City: Warsaw District: Ochota No. of stages: 3 No. of units: 304 units Total sellable area: 18.1k sqm Start of construction: Q4 2005 Completion date: Q2 2008 Osiedle Zdrowa Nowa Rezydencja Królowej Marysieńki City: Warsaw District: Wilanów No. of stages: 5 No. of units: 865 units Total sellable area: 57.0k sqm Start of construction: Q1 2007 Completion date: Q1 2013 City: Warsaw District: Wilanów No. of stages: 10 No. of units: 1 350 units Total sellable area: 108.7k sqm Start of construction: Q4 2001 Completion date: Q2 2014 47
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06. Appendices Description of investments – completed (2) City Apartments City: Warsaw District: Żoliborz No. of stages: 6 No. of units: 1 190 units Total sellable area: 88.0k sqm Start of construction: Q1 2008 Completion date: Q3 2015 Osiedle Królewskie Albatross Towers City: Warsaw District: Wilanów No. of stages: 6 No. of units: 640 units Total sellable area: 38.0k sqm Start of construction: Q2 2013 Completion date: Q4 2015 City: Gdansk District: Przymorze No. of stages: 5 No. of units: 860 units Total sellable area: 42.6k sqm Start of construction: Q2 2011 Completion date: Q3 2016 48
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06. Appendices Description of investments – completed (3) Królewski Park City: Warsaw District: Wilanów No. of stages: 6 No. of units: 528 units Total sellable area: 27.6k sqm Start of construction: Q3 2014 Completion date: Q3 2016 Park Wola Residence Modern Żoliborz City: Warsaw District: Wola No. of stages: 1 No. of units: 317 units Total sellable area: 16.9k sqm Start of construction: Q4 2014 Completion date: Q2 2016 City: Warsaw District: Żoliborz No. of stages: 1 No. of units: 138 units Total sellable area: 7.9k sqm Start of construction: Q1 2015 Completion date: Q2 2016 49
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06. Appendices Description of investments – completed (4) Young City City: Warsaw District: Bemowo No. of stages: 9 No. of units: 1 302 units Total sellable area: 65.2k sqm Start of construction: Q3 2012 Completion date: Q4 2016 Młody Wilanów Mila Baltica City: Warsaw District: Wilanów No. of stages: 3 No. of units: 257 units Total sellable area: 12.8k sqm Start of construction: Q4 2014 Completion date: Q2 2017 City: Gdansk District: Zaspa No. of stages: 2 No. of units: 280 units Total sellable area: 14.9k sqm Start of construction: Q3 2015 Completion date: Q3 2017 50
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06. Appendices Description of investments – completed (5) Apartamenty Villa Nobile City: Warsaw District: Wilanów No. of stages: 3 No. of units: 637 units Total sellable area: 39.1k sqm Start of construction: Q1 2016 Completion date: Q4 2017 Słoneczna Morena MoreNova City: Gdansk District: Piecki-Migowo No. of stages: 22 No. of units: 1 983 units Total sellable area: 107.8k sqm Start of construction: Q4 2009 Completion date: Q4 2018 City: Gdansk District: Piecki-Migowo No. of stages: 3 No. of units: 518 units Total sellable area: 25.0k sqm Start of construction: Q2 2016 Completion date: Q2 2019 51
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06. Appendices Description of investments – completed (6) Ogrody Wilanów City: Warsaw District: Wilanów No. of stages: 3 No. of units: 221 units Total sellable area: ca. 11.8k sqm Start of construction: Q2 2018 Completion date: Q4 2019 Green Mokotów Stacja Nowy Ursus City: Warsaw District: Mokotów No. of stages: 9 No. of units: 673 units Total sellable area: ca. 42.6k sqm Start of construction: Q2 2016 Completion date: Q4 2019 City: Warsaw District: Ursus No. of stages: 5 No. of units: 1 238 units Total sellable area: ca. 60.6k sqm Start of construction: Q2 2016 Completion date: Q4 2019 52
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06. Appendices Description of investments – completed (7) Leśna Przystań City: Wroclaw District: Osobowice No. of stages: 1 No. of units: ca. 30 units Total sellable area: ca. 3.8k sqm Start of construction: Q1 2019 Completion date: Q4 2020 Forum Wola City: Warsaw District: Wola No. of stages: 4 No. of units: ca. 880 units Total sellable area: ca. 47.3k sqm Start of construction: Q3 2017 Completion date: Q4 2020 Praga Arte City: Warsaw District: Praga Południe No. of stages: 1 No. of units: ca. 250 units Total sellable area: ca. 12.9k sqm Start of construction: Q3 2019 Completion date: Q4 2020 53
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06. Appendices Description of investments – completed (8) 54 Willa Nad Potokiem City: Wroclaw District: Fabryczna No. of stages: 1 No. of units: 13 units Total sellable area: ca. 0.7k sqm Start of construction: Q3 2019 Completion date: Q2 2021 City: Wroclaw District: Psie Pole No. of stages: 3 No. of units: 309 units Total sellable area: ca. 14.8k sqm Start of construction: Q1 2020 Completion date: Q4 2021 Uroczysko Zajezdnia Wrzeszcz City: Gdansk District: Wrzeszcz No. of stages: 14 No. of units: 1 615 units Total sellable area: ca. 84.6k sqm Start of construction: Q4 2016 Completion date: Q2 2022
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06. Appendices Description of investments – completed (9) 55 Park Południe City: Gdansk District: Łostowice No. of stages: 8 No. of units: 565 units Total sellable area: ca. 24.8k sqm Start of construction: Q2 2019 Completion date: Q4 2022 Apartamenty Królewskie City: Warsaw District: Wilanów No. of stages: 2 No. of units: 147 units Total sellable area: ca. 8.6k sqm Start of construction: Q2 2019 Completion date: Q4 2022 Więcej City: Gdansk District: Łostowice No. of stages: 2 No. of units: 378 units Total sellable area: ca. 16.2k sqm Start of construction: Q1 2020 Completion date: Q4 2022
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06. Appendices Description of investments – completed (10) 56 Wojszyckie Alejki City: Wroclaw District: Krzyki No. of stages: 2 No. of units: 210 units Total sellable area: ca. 11.1k sqm Start of construction: Q1 2020 Completion date: Q4 2022 Praga Deco City: Warsaw District: Praga Południe No. of stages: 1 No. of units: 192 units Total sellable area: ca. 9.3k sqm Start of construction: Q1 2021 Completion date: Q4 2022 Młode Stogi City: Gdansk District: Stogi No. of stages: 1 No. of units: 160 units Total sellable area: ca. 7.9k sqm Start of construction: Q1 2021 Completion date: Q4 2022
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06. Appendices Description of investments – completed (11) 57 Kameralna Olszówka City: Wroclaw District: Krzyki No. of stages: 1 No. of units: 55 units Total sellable area: ca. 3.2k sqm Start of construction: Q2 2021 Completion date: Q4 2022 Wiśniowa Aleja City: Gdansk District: Ujescisko No. of stages: 2 No. of units: 200 units Total sellable area: ca. 9.6k sqm Start of construction: Q1 2022 Completion date: Q4 2023 VISTA (Myśliwska) City: Gdansk District: Piecki-Migowo No. of stages: 1 No. of units: 87 units Total sellable area: ca. 4.4k sqm Start of construction: Q2 2022 Completion date: Q4 2023
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06. Appendices Description of investments – completed (12) 58 Dożynkowa 43 Osiedle nad Widawą City: Wroclaw District: Krzyki No. of stages: 1 No. of units: 11 units Total sellable area: ca. 1.3k sqm Start of construction: Q2 2022 Completion date: Q4 2023 City: Wroclaw District: Psie Pole No. of stages: 1 No. of units: 138 units Total sellable area: ca. 6.8k sqm Start of construction: Q2 2022 Completion date: Q4 2023 Sea Salt City: Gdansk District: Zaspa No. of stages: 1 No. of units: 118 units Total sellable area: ca. 6.1k sqm Start of construction: Q4 2022 Completion date: Q2 2024
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06. Appendices Description of investments – completed (13) 59 Lagom Nowa Letnica Moment City: Gdansk District: Ujescisko No. of stages: 2 No. of units: 207 units Total sellable area: ca. 10.8k sqm Start of construction: Q2 2019 Completion date: Q4 2023 City: Gdansk District: Ujescisko No. of stages: 1 No. of units: 41 units Total sellable area: ca. 5.7k sqm Start of construction: Q3 2020 Completion date: Q4 2023 City: Gdansk District: Letnica No. of stages: 9 No. of units: 2 197 units Total sellable area: ca. 113.8k sqm Start of construction: Q1 2017 Completion date: Q4 2023
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06. Appendices Description of investments – completed (14) 60 Mój Ursus City: Warsaw District: Ursus No. of stages: 8 No. of units: ca. 2 293 units (completed: 1 616 units) Total sellable area: ca. 110.7k sqm Start of construction: Q3 2019 Completion date: Q4 2024 Jutrzenki 92 City: Warsaw District: Włochy No. of stages: 1 No. of units: 142 units Total sellable area: ca. 7.0k sqm Start of construction: Q2 2023 Completion date: Q4 2024
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Disclaimer ROBYG S.A. endeavours to ensure that the information in the presentation is complete and up-to-date, however, we do not make any guarantees in this respect. ROBYG S.A. accepts no liability for the any errors and inaccuracies of this presentation. This presentation has been prepared solely for informational purposes. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities. The making of this presentation does not constitute any advice or recommendation regarding any securities. ROBYG S.A. does not undertake to publicly update or revise any forward looking statements that may be made herein, whether as a result of new information, future events or otherwise (except as required by law or regulation). ROBYG S.A. cannot accept responsibility for the consequences of using such information. 61
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Summary 1Q 2025 * Including amounts kept on individual escrow accounts. Please contact us: Investor Relations ROBYG S.A. ri@robyg.com.pl (22) 419 11 00 Units pre-sold: 500 (net after cancellations) Revenues: PLN 177 million Strong cash position*: PLN 267 million Operating cash flow: PLN 181 million (excl. purchase of new plots) Units on offer: 1 949 (out of which 1% are finished goods) 62 Number of units recognized in revenues: 185 Total land bank units: 21 186