- 01
11 bit studios S.A. amended its articles of association on February 9, 2023, to formalize new corporate governance and administrative protocols.
- 02
The Supervisory Board now holds mandatory approval authority over all company acquisitions of shares in other business entities.
- 03
Leadership mandates for the Management and Supervisory Boards are now explicitly calculated based on full fiscal years rather than calendar timeframes.
- 04
The Supervisory Board is authorized to hire external advisors for audits or analyses, provided the annual cost remains under 50% of the Board's previous year's total remuneration.
- 05
New procedural rules allow the Supervisory Board to vote on agenda items not originally scheduled and formalize the leadership roles of the Chairperson and Vice-Chairperson.
- 06
The company replaced default Polish Commercial Companies Code reporting requirements with a customized information-sharing structure between the Management and Supervisory Boards.
- 07
The company updated its business classification to align with a more specific regulatory code for entertainment and recreational activities.