Updated Mar 17, 2026 by 11 bit studios
11 bit studios S.A. updated its statutes to align with the Polish Commercial Companies Code, specifically redefining board terms of office to be measured in full financial years.
The Supervisory Board's authority was modified to shift from directly acquiring shares in other entities to providing formal consent for such acquisitions.
Effective retroactively from January 1, 2023, the monthly gross remuneration for the Supervisory Board is set at 9,500 PLN for the Chairperson, 8,300 PLN for the Vice-Chairperson, and 6,000 PLN for other members.
The Supervisory Board is now authorized to hire external advisors at the company's expense, provided the annual cost does not exceed 50% of the board's total remuneration from the previous year.
The company replaced standard information obligations under Article 380 of the Commercial Companies Code with a requirement for the Management Board to provide aggregated data on financial, operational, and investment status.
These corporate governance and compensation changes will take legal effect upon their entry into the National Court Register.
11 bit studios S.A. updated its statutes to align with the Polish Commercial Companies Code, specifically redefining board terms of office to be measured in full financial years.
The Supervisory Board's authority was modified to shift from directly acquiring shares in other entities to providing formal consent for such acquisitions.
Effective retroactively from January 1, 2023, the monthly gross remuneration for the Supervisory Board is set at 9,500 PLN for the Chairperson, 8,300 PLN for the Vice-Chairperson, and 6,000 PLN for other members.
The Supervisory Board is now authorized to hire external advisors at the company's expense, provided the annual cost does not exceed 50% of the board's total remuneration from the previous year.
The company replaced standard information obligations under Article 380 of the Commercial Companies Code with a requirement for the Management Board to provide aggregated data on financial, operational, and investment status.
These corporate governance and compensation changes will take legal effect upon their entry into the National Court Register.