The Management Board of Poznańska Korporacja Budowlana Pekabex S.A. (“Issuer”) informs that the Issuer’s subsidiary – Pekabex Bet S.A. (“Company”) didn’t conclude the contracts for the investments referred to in the Issuer’s current reports 10/2022 and 11/2022. The reason for failure to conclude the contracts were unforeseeable problems with the availability of certain materials and services, and an increase in construction costs, which significantly exceeded the originally planned budgets and deadlines for the implementation of the indicated investments, caused by the outbreak of the war in Ukraine.