Legal

Announcement of the Ordinary General Meeting

1 May 202510 pages4,239 words

Summary

The Management Board of PCF Group S.A., a Warsaw-based public company operating in the video game industry under the People Can Fly brand, has formally convened an Ordinary General Meeting of Shareholders scheduled for June 23, 2025. The meeting will address the financial and operational performance of the company and its capital group for the fiscal year ending December 31, 2024. The agenda includes the presentation of financial results, the approval of management and supervisory board reports, and the adoption of a resolution regarding the coverage of a net loss incurred during the 2024 financial year. Key corporate governance matters on the agenda involve granting discharge to members of the Management and Supervisory Boards for their duties in 2024 and conducting a discussion on the remuneration report. Furthermore, the meeting will consider significant amendments to the Company's Articles of Association. These proposed changes include authorizing the Management Board to increase the share capital within the limits of authorized capital and to issue subscription warrants, which may involve the exclusion of pre-emptive rights for existing shareholders subject to Supervisory Board approval. The scope of the meeting covers the entirety of PCF Group S.A.’s operations and its consolidated subsidiaries. As of the announcement date, the company’s share capital is 718,805.42 PLN, divided into 35,940,271 ordinary bearer shares across series A, B, D, E, F, and G, with each share carrying one vote. The record date for participation is June 7, 2025. While the company will provide a real-time internet broadcast of the proceedings in both Polish and English, the Management Board has not authorized electronic voting or remote participation; shareholders must exercise their voting rights in person or via a proxy at the physical venue in Warsaw.

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