Updated Mar 17, 2026 by PCF Group
PCF Group S.A. is transitioning to a standardized corporate governance model by eliminating personal appointment rights previously held by major shareholders and the 'Group of Authorized Shareholders'.
The Supervisory Board now holds exclusive authority to appoint and dismiss all Management Board members, stripping 'Shareholder SW' of the specific right to appoint the President.
The General Meeting has been granted sole power to appoint and dismiss all five to seven members of the Supervisory Board, removing the previous influence of the 'Group of Authorized Shareholders'.
Management Board representation rules have been tightened to require joint action by two board members for all multi-person boards.
New oversight mandates require Supervisory Board approval for any financial obligations exceeding 10% of the company’s equity.
The company has implemented stricter controls on intellectual property, requiring Supervisory Board consent for the permanent disposal of any IP rights related to its games.
PCF Group S.A. is transitioning to a standardized corporate governance model by eliminating personal appointment rights previously held by major shareholders and the 'Group of Authorized Shareholders'.
The Supervisory Board now holds exclusive authority to appoint and dismiss all Management Board members, stripping 'Shareholder SW' of the specific right to appoint the President.
The General Meeting has been granted sole power to appoint and dismiss all five to seven members of the Supervisory Board, removing the previous influence of the 'Group of Authorized Shareholders'.
Management Board representation rules have been tightened to require joint action by two board members for all multi-person boards.
New oversight mandates require Supervisory Board approval for any financial obligations exceeding 10% of the company’s equity.
The company has implemented stricter controls on intellectual property, requiring Supervisory Board consent for the permanent disposal of any IP rights related to its games.