Policy

11 bit studios S.A. Supervisory Board Resolution on Remuneration Report for 2022

The 2022 fiscal year for 11 bit studios S.A. was characterized by a significant upward adjustment in executive compensation, driven primarily by strong financial performance and the expansion of the Management Board.

• Management Board remuneration at 11 bit studios S.A. increased by 101.33% in 2022, reaching a total of 4.42 million PLN.
• Individual compensation for the three primary board members reached approximately 1.18–1.19 million PLN each, with performance-based bonuses comprising roughly 50% of their total earnings.
• Supervisory Board remuneration rose by 125.28% in 2022 to a total of 338,732 PLN, maintaining a fixed pay structure to ensure independent oversight.

Policy for Reporting Misconduct

The April 2023 misconduct reporting policy for Take-Two Interactive Software establishes a mandatory framework for identifying and addressing violations of law, regulation, and the Global Code of Business Conduct and Ethics.

• Take-Two Interactive’s April 2023 misconduct policy mandates that all employees, consultants, and agents report violations of law, regulations, and the company's Global Code of Business Conduct and Ethics.
• The policy explicitly prohibits retaliation against individuals who report suspected misconduct in good faith, citing protections under Section 806 of the Sarbanes-Oxley Act and Section 922 of the Dodd-Frank Act.
• Employees are permitted to report violations directly to governmental agencies or whistleblowing entities without requiring prior company clearance.

Second Quarter Financial Results and Corporate Management Policy Briefing: Fiscal Year Ending March 2023

Nintendo achieved robust financial growth during the first half of the fiscal year ending March 2023, bolstered by favorable currency fluctuations and a resilient software ecosystem.

• Nintendo lowered its full-year hardware sales forecast to 19 million units for the fiscal year ending March 2023 due to ongoing global supply chain constraints.
• The company maintains a strong active user base of over 106 million annual players and a centralized Nintendo Account system with more than 290 million users.
• Digital sales reached 359.6 billion yen during the first half of the fiscal year, with the company prioritizing total software reach over digital-only sales ratios.

Fact Book 2022

Bandai Namco’s FY 2022 performance underscores a robust growth trajectory, with consolidated net sales reaching ¥889.3 billion, a notable increase from ¥740.9 billion the previous year, and a return on equity of 16.9%.

• Bandai Namco achieved consolidated net sales of ¥889.3 billion in FY 2022, a significant increase from the previous year's ¥740.9 billion, while maintaining a 16.9% return on equity.
• The company’s revenue is evenly distributed, with the Digital Business and Toys & Hobby divisions each contributing approximately 42% of total group sales.
• Bandai Namco has established formal environmental targets, committing to a 35% reduction in site-related CO₂ emissions by FY 2030 and a 50% reduction by FY 2050.

Sprawozdanie o Wynagrodzeniach Członków Zarządu i Rady Nadzorczej PCF Group S.A. za Rok 2021

The 2021 fiscal year marked a significant period of financial expansion and structural formalization for PCF Group S.A. following its transition to a public entity on the Warsaw Stock Exchange.

• PCF Group S.A. achieved a 149.5% increase in net profit for the 2021 fiscal year, reaching a total of 61.3 million PLN.
• The CEO received total remuneration of approximately 1.56 million PLN in 2021, marking an 18% increase over the previous year.
• Executive compensation for the CEO was primarily structured through consultancy services and international subsidiary roles rather than a base salary, which remained at 4,000 PLN gross per month.

Polityka Wynagrodzeń Członków Zarządu i Rady Nadzorczej

The Remuneration Policy for PCF Group S.A., a Warsaw-based public company in the gaming industry, establishes a formal framework for compensating members of the Management Board and Supervisory Board.

• PCF Group S.A. caps variable performance-based bonuses for Management Board members at five times their annual fixed salary to ensure fiscal prudence.
• Management Board compensation comprises fixed monthly pay, variable bonuses tied to financial and non-financial metrics like game quality and stock performance, and additional benefits.
• Supervisory Board members receive only fixed monthly fees without performance-based pay or severance benefits, though they may earn additional compensation for committee participation.

Modern Slavery Statement 2021

Liftoff Mobile Limited maintains a formal commitment to preventing modern slavery and human trafficking across its global operations.

• Liftoff Mobile Limited assesses its inherent risk of modern slavery and human trafficking as low due to its business model as a digital services provider rather than a manufacturer.
• The company enforces a zero-tolerance Anti-Slavery Policy that requires all partners, contractors, and vendors to comply with the Modern Slavery Act 2015.
• Contractual compliance regarding human rights standards is managed and overseen by the company’s internal legal team.

Nintendo Second Quarter Financial Results and Corporate Management Policy Briefing: Fiscal Year Ending March 2022

Nintendo is navigating a transitional period in the fiscal year ending March 2022, characterized by a year-over-year decline in sales and profits following the unprecedented success of previous breakout titles.

• Nintendo has lowered its fiscal year 2022 hardware shipment target to 24 million units due to global semiconductor shortages.
• Despite hardware constraints, the company raised its full-year profit and software sales projections, supported by the Nintendo Switch OLED model and a library of over 6,700 third-party titles.
• Nintendo is investing 450 billion yen into internal software development, infrastructure, and non-gaming ventures, including theme parks and the upcoming Super Mario film.

Sprawozdanie o Wynagrodzeniach Członków Zarządu i Rady Nadzorczej PCF Group S.A.

The remuneration framework for PCF Group S.A. underwent a significant transition in late 2020, moving from individual contractual arrangements to a formalized Remuneration Policy designed to align executive compensation with long-term strategic goals and financial stability.

• PCF Group S.A. transitioned from individual contracts to a formal Remuneration Policy in late 2020 to align executive pay with long-term strategic goals and financial stability.
• Management Board variable compensation is strictly capped at five times the fixed salary and is subject to performance verification by the Supervisory Board.
• The company experienced rapid growth between 2016 and 2020, underscored by a 409% increase in net profit during the 2020 fiscal year.

Fiscal Year Ending March 2021: Corporate Management Policy Briefing

Nintendo maintains a core business philosophy centered on the integration of proprietary hardware and software to deliver intuitive, tactile entertainment experiences.

• Nintendo’s core strategy centers on integrating proprietary hardware and software to drive a virtuous cycle of engagement, anchored by iconic intellectual property like Super Mario.
• The Nintendo Account program has reached a scale of over 200 million users across 164 countries, serving as the primary digital infrastructure for platform loyalty.
• Digital software sales reached approximately 50 percent of total volume during the fiscal year ending March 2021, reflecting a significant shift in consumer purchasing behavior.

Corporate Management Policy Briefing: Nine Months Financial Results Briefing for Fiscal Year Ending March 2020

Nintendo’s corporate management briefing for the nine-month period ending December 2019 outlines a strategic focus on expanding the reach of its intellectual property (IP) while maintaining the growth trajectory of the Nintendo Switch platform.

Corporate Management Policy Briefing: 3rd Quarter Results for Fiscal Year Ending March 2019

Nintendo is navigating a transitional period in the fiscal year ending March 2019, prioritizing the long-term expansion of its intellectual property and the strengthening of its digital ecosystem.