Legal11 bit studios
Ordinary General Meeting Resolutions — 11 bit studios S.A. (June 2016)
9 Jun 201626 pages~31 min full read
11 bit studios S.A. reported a net profit of approximately 12.76 million PLN for the 2015 fiscal year.
Shareholders voted to allocate the entire 12,755,371 PLN net profit to the company’s reserve capital to prioritize long-term reinvestment over dividend payouts.
The company reached a total asset and liability valuation exceeding 33.8 million PLN by the end of the 2015 reporting period.
The Ordinary General Meeting granted full discharge to Management Board members Grzegorz Miechowski and Przemysław Marszał, confirming shareholder approval of their 2015 performance.
The Supervisory Board was reconstituted with the election of Piotr Sulima, Jacek Czykiel, Agnieszka Maria Kruz, Wojciech Ozimek, and Radosław Marter for terms extending until June 2019.
The meeting resolutions were finalized with the participation of shareholders representing 29% of the total share capital.
The 2015 fiscal year for 11 bit studios S.A. culminated in a period of significant financial growth and structural consolidation, as evidenced by the outcomes of the June 2016 Ordinary General Meeting. Representing 29% of the total share capital, shareholders formalized the company’s transition into a more robust financial position by reporting a net profit of approximately 12.76 million PLN. This performance contributed to a total asset and liability valuation exceeding 33.8 million PLN, reflecting a successful operational period driven by the studio's development and publishing activities.
A central strategic decision involved the allocation of the entire 12,755,371 PLN net profit to the company’s reserve capital. This move underscores a commitment to long-term financial stability and internal reinvestment rather than immediate dividend distribution. To validate the leadership's performance during this profitable cycle, the assembly granted full discharge to all members of the Management Board, including Grzegorz Miechowski and Przemysław Marszał, signaling shareholder confidence in the executive direction and the accuracy of the 2015 financial statements.
The governance structure was further solidified through the reappointment and election of the Supervisory Board for terms lasting until June 2019. Key appointments included Piotr Sulima, Jacek Czykiel, Agnieszka Maria Kruz, Wojciech Ozimek, and Radosław Marter, most of whom were confirmed with overwhelming majority support. These administrative actions ensure leadership continuity as the company moves beyond the 2015 reporting period. By finalizing these resolutions and formalizing the corporate records, the company established a clear mandate for its management and supervisory bodies to pursue future growth while maintaining a strengthened capital reserve.
