Dom Development S.A.

Q3 2015 Results Presentation 23 October 2015

Presentation Plan

2

Highlights 3 Residential Market Overview 4 Operations: Quarterly Net Sales 5 Dom’s Offer 6 New Construction Starts 7 Units Under Construction and in Preparation 8 Handovers 9 Finance: Profit & Loss Account 10 Balance Sheet 11 Interest-Bearing Debt – Maturity Dates 12 Summary 13 Appendices Appendix 1: Commencement of Handovers in 2015 15 Appendix 2: Dom’s Projects Under Construction and in Land Bank 16-17

Enjoying a strong market

• Record quarterly sales – 640 units net in Q3 2015 (+26% YoY)

• Successful launch of two large projects – Premium and Moderna,

with over 1,600 units

• Two new sites, of over 1,000 units, at the final stage of purchase

• Safe cash levels (PLN 310m) and low gearing of 7%

3

Highlights

• Record sales with stable prices

• Supply and demand still in balance

• Record-low interest rates drive demand

• Strong demand across all primary market segments with high

proportion of cash buyers

• Homes for the Young support for Warsaw market

4

Residential Market in Q3 2015

5

399427

479

407

483509

545

467

598640

0

100

200

300

400

500

600

700

Q2 2013 Q3 2013 Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015

Quarterly Net Sales

No. of units

Dom’s Offer

6

1 679 1 288

2 163 2 268 2 022

2 292 2 364 2 397

261

473

391 334

312

212 294 357

-

500

1 000

1 500

2 000

2 500

31/12/2013 1 940

31/03/2014 1 761

30/06/2014 2 554

30/09/2014 2 602

31/12/2014 2 334

31/03/2015 2 504

30/06/2015 2 658

30/09/2015 2 754

Units under construction Units on finished projects

No. of units

New Construction Starts

7

728

297

1 055

345263

637

752 735

0

200

400

600

800

1 000

1 200

Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015

2 projects 2 projects 4 projects 4 projects 4 projects 7 projects 1 project 3 projects

No. of units

Units Under Construction and in Preparation

2 601 3 259 3 242 2 927

3 564 3 727 3 989

6 349

5 278 4 937 4 672

6 276 5 762

5 001

0

1 000

2 000

3 000

4 000

5 000

6 000

7 000

31/03/2014 30/06/2014 30/09/2014 31/12/2014 31/03/2015 30/06/2015 30/09/2015

Under Construction In preparation

8

No. of units

Handovers

9

Units sold but not delivered

30.06.2015 30.09.2015

1 607 units

1 769 units, including:

• 177 units on finished projects • 1 592 units under construction

508 520457

383

636

190

375

478

0

100

200

300

400

500

600

700

Q4 2013 Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015 Q3 2015

No. of units

Financial Results

Q3 2015 Q3 2014 Change Q1-Q3 2015

Q1-Q3 2014

Change

Sales Revenues 193.9 159.9 21.3% 424.2 521.5 (18.7)%

Revenue per 1 Unit Delivered (PLNk) 405.7 417.5 (2.8)% 406.7 383.5 6.1%

Gross Profit on Sales 37.4 40.2 (6.9)% 93.8 93.8 0.0%

Gross Profit Margin 19.3% 25.1% (5.8) pp 22.1% 18.0% 4.1 pp

EBITDA 14.4 21.1 (32.0)% 23.9 34.4 (30.6)%

EBITDA Margin 7.4% 13.2% (5.8) pp 5.6% 6.6% (1.0) pp

Net Profit 9.5 15.3 (37.5)% 14.7 26.2 (44.0)%

EPS (PLN) 0.39 0.62 (37.5)% 0.59 1.06 (44.0)%

10 IAS 18, PLN m

Maintaining Strong Balance Sheet

11

Consolidated Balance Sheet IAS 18, PLN m 30.09.2015 30.09.2014 Change

Cash 309.9 342.7 (9.6)%

Work in Progress 1,329.3 1,058.8 25.5%

Units sold and not delivered 1,769 1,198 47.7%

Net Debt 60.1 71.3 (15.7)%

Equity 817.2 828.5 (1.4)%

Gearing (Net Debt/Equity) 7.4% 8.6% (1.2) pp

Net Assets per Share (PLN) 32.99 33.45 (1.4)%

Comfortable Debt Maturity Structure

12

0

120

50

100

50

50

0

20

40

60

80

100

120

140

160

180

by 30.09.2016 by 30.09.2017 by 30.09.2018 by 30.09.2019 by 30.09.2020

Unsecured bonds Bank loans

PLN m

Cash as of 30/09/2015 – PLN 310m

Q1-Q3 2015

13

Summary:

Seven plots (approx. 2,600 units in total) added to Warsaw land bank, including approx.

1,900 units on the left-bank of the Vistula

Five left-bank locations added to offer

3,989 units under construction across 15 projects

2,754 units in our offer at the end of Q3 2015 in 14 locations in Warsaw and 3 in Wroclaw

Homes for the Young: approx. 30% of Dom’s offer was eligible for the programme

as at the end of Q3 2015

Financial firepower for land purchases and new project starts – PLN 310m in cash

and 7% gearing

Net profit of PLN 9.5m in Q3 2015, giving PLN 14.7m net profit for Q1-Q3 2015

Appendices

15

Project No. of units in

project Commencement of

handovers

Q2

Oaza ph 3 (Wrocław) 234 June 2015

Saska Apartamenty n. Jeziorem ph 1 172 June 2015

Wilno II ph 1 183 June 2015

Q3

Palladium ph 2 245 July 2015

Żoliborz Artystyczny ph 3 228 August 2015

Q4

Aura 1a (Wrocław) 124 October 2015

Wilno 2a ph 2 156 October 2015

Willa Lindego 129 October 2015

Saska Apartamenty n. Jeziorem ph 2 240 November 2015

Osiedle Pod Różami 110 November 2015

Żoliborz Artystyczny ph 4 225 November 2015

Rezydencja Mokotów 142 December 2015

Al. Piastów (Wrocław) 177 December 2015

Appendix 1:

Commencement of handovers in 2015

16

Appendix 2:

Projects Under Construction and in Preparation no. of units, as of 30/09/2015

PROJECT UNDER

CONSTRUCTION IN PREPARATION

WILLA LINDEGO 129 ---

PREMIUM (PEŁCZYŃSKIEGO)

213 708

ŻOLIBORZ ARTYSTYCZNY 605 403

OSIEDLE PRZYJACIÓŁ 205 101

WILLE LAZUROWA 166 ---

REZYDENCJA MOKOTÓW 142 ---

OSIEDLE POD RÓŻAMI 110 ---

NOWOSOLIPSOWSKA --- 114

STUDIO MOKOTÓW (GARAŻOWA)

329 ---

DOM POD ZEGAREM (BUKOWIŃSKA)

235 ---

BUKOWIŃSKA NAD SKARPĄ

--- 211

BUKOWIŃSKA III --- 181

ANODY --- 207

TOTAL LEFT BANK

2 134 1 925

PROJECT UNDER

CONSTRUCTION IN PREPARATION

REGATY --- 217

PALLADIUM (AKACJE) --- 780

KLASYKÓW 235 204

MODERNA (MALBORSKA)

171 593

WILNO 608 744

APARTAMENTY SASKA NAD JEZIOREM

476 ---

SASKA III --- 383

TOTAL RIGHT BANK

1 490 2 921

Warsaw

PROJECT IN PREPARATION

PROJECT UNDER CONSTRUCTION

17

TOTAL UNDER

CONSTRUCTION IN PREPARATION FINISHED

WARSAW 3 624 4 846 22 812

WROCLAW 365 155 480

DOM 3 989 5 001 23 292

PROJECT UNDER

CONSTRUCTION IN PREPARATION

AL. PIASTÓW 177 ----

AURA 188 155

WROCLAW 365 155

Wroclaw

Appendix 2, p.2:

Projects Under Construction and in Preparation no. of units, as of 30/09/2015

PROJECT IN PREPARATION

PROJECT UNDER CONSTRUCTION

Dom Development S.A. endeavours to ensure that the information in the presentation is complete. up-to-date and accurate. However. we do not make any guarantees in this respect. Dom Development S.A. connot accept responsibilty for the consequences of using such information. and in particular any loss caused by reliance thereon for the purpose of investment decisions. The material contained in the presentation originates from reliable public sources and to the best knowledge of Dom Development S.A. may be considered reliable.

18

For further information, please contact: Magdalena Kempa Investor Relations Specialist

tel. +48 22 351 68 49 e-mail: magdalena.kempa@domd.pl www.inwestor.domdevelopment.com.pl