CURRENT REPORT

according to the provisions of Law No. 24/2017 on issuers of financial instruments and market operations and Regulation No. 5/2018 of FSA on Issuers of Financial Instruments and Market Operations

Important events to be reported: Information on the company’s development strategy

The company informs the shareholders and investors with regard to the following:

IMPACT Developer & Contractor, the first real estate developer established in Romania and also the first real estate company listed on the Bucharest Stock Exchange (stock symbol IMP), finalized a new phase of development in GREENFIELD Baneasa, Panoramic Apartments, with a total estimated market value of over EUR 16 million. The total number of units completed in GREENFIELD Baneasa exceeds 2,650 units.

The new apartments completed in GREENFIELD Baneasa together with the allocated parking spaces, mostly underground, are already 97% contracted. Owners will be able to move in starting with the second half of October. The 97 apartments are located in 2 buildings with a height of 9 and 6 Floors respectively, with panoramic views over the Baneasa Forest and premium finishes.

The GREENFIELD Baneasa residential complex is located in the northern part of Bucharest, in the immediate vicinity of the Baneasa and Tunari forests. The development of the complex commenced in 2007 and is scheduled to be completed in 2028, when the complex will comprise more than 6,000 housing units and more than 15,000 inhabitants.

IMPACT DEVELOPER & CONTRACTOR S.A.

General Manager

Constantin Sebesanu