Vantage Development S.A. authorizes a Buyback Plan.

Vantage Development SA is a Poland-based Company active real estate sector. The Company's activities include homebuilding and commercial building development. It also offers real estate management and rental of real estate. It realizes such projects as Promenady Wroclawskie, apartments and office spaces in Wroclaw; Sloneczne Sady, single family houses in Sadkow, Promenaty Wroclawskie (Vratislavia Promenades), a multifunctional distrinct in Wroclaw, Promenady Epsilon, an office building in Wroclaw and Delta 44, a commercial building in Wroclaw, among others. The Company is a parent entity of a capital group, consisting of several subsidiaries, such as Centauris IPD Invest Sp. z o.o., IPD Centrum Sp. z o.o., VD Sp. z o.o. and Promenady Wroclawskie VD Sp z o.o., among others. The Company is controlled by Fedha Sp z o o.