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Mikołaj Konopka Appointed as New CEO of Dom Development S.A.

Dom Development S.A., Poland’s largest residential real estate developer, has announced a significant leadership change. Effective January 1, 2025, Mikołaj Konopka will assume the role of CEO, succeeding Jarosław Szanajca, who will step down on December 31, 2024. The decision was made by Groupe Bellefort S. r.l., the majority shareholder holding over 50.1% of the company’s shares, in accordance with the company’s Articles of Association.

Mikołaj Konopka, a seasoned manager with extensive experience in the real estate and construction sectors, has been a member of Dom Development’s Management Board since 2018. He has played a pivotal role in the company’s operations, particularly through his leadership at Euro Styl S.A., a subsidiary of Dom Development, where he served as CEO since 2017. Konopka’s career spans over three decades, including key roles in companies such as Przedsiębiorstwo Produkcji Betonów Kombet and Semmelrock Stein + Design. He is also an academic, lecturing on real estate and development project management at the University of Gdańsk.

Dom Development S.A. confirmed that Konopka does not engage in any professional activities that could pose a conflict of interest with the company. His appointment marks the beginning of a three-year term as CEO.

This leadership transition is a pivotal moment for Dom Development S.A., as it aligns with the company’s ongoing expansion strategy in Poland’s major urban markets, including Warsaw, Wrocław, the Tri-City, and Kraków.

Dom Development S.A. Proposes Dividend Distribution and Capital Reserve Allocation for 2024

On March 18, 2025, the Management Board of Dom Development S.A., Poland's largest residential real estate developer, announced its proposal for the allocation of the company's net profit for 2024, amounting to PLN 419,019,575.12. The proposal includes the distribution of PLN 335,379,486.00 as dividends to shareholders, equating to PLN 13 per share. This amount includes an advance dividend of PLN 6 per share, already paid on December 18, 2024, leaving a remaining dividend of PLN 7 per share to be distributed. The Management Board has proposed June 25, 2025, as the dividend record date and July 3, 2025, as the payment date. Additionally, PLN 83,640,089.12 of the net profit is proposed to be allocated to the company's reserve capital.

This announcement highlights Dom Development S.A.'s strong financial performance in 2024 and its commitment to delivering value to shareholders, aligning with its position as a leading player in Poland's residential real estate market.

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