Annual Report 2019: 11 bit studios S.A.

1. 01
   11 bit studios S.A. experienced significant financial growth in 2019, with total liabilities increasing from 19,351,248 PLN in 2018 to 35,928,089 PLN, and total assets (PASYWA RAZEM) rising from 109,262,821 PLN to 155,668,388 PLN.See it on page 101
2. 02
   The company's financial assets grew substantially, with total financial assets increasing from 70,897,588 PLN in 2018 to 99,962,014 PLN in 2019, driven by a significant increase in bank deposits over 3 months (from 27,000,000 PLN to 67,328,563 PLN).See it on page 56
3. 03
   International sales constituted a dominant portion of 11 bit studios S.A.'s revenue, accounting for 97.9% of total revenues in 2019, an increase from 96.5% in 2018.See it on page 85
4. 04
   11 bit studios S.A. invested 5,126,422 PLN in 2019 for the renovation and modernization of its new headquarters at Brzeska 2 in Warsaw, which it occupied in March 2020.See it on page 113
5. 05
   The global video game market grew by 9.6% in 2019 to 152.1 billion USD and is projected to continue growing, reaching 164.6 billion USD in 2020 and 196 billion USD by 2022.See it on page 81
6. 06
   The management board of 11 bit studios S.A. remained unchanged in 2019, while the Supervisory Board saw changes with new members Marcin Kuciapski and Piotr Wierzbicki appointed on May 23, 2019, for a new three-year term.See it on page 12
7. 07
   11 bit studios S.A. was recognized in the Financial Times' ranking of the 1000 fastest-growing technology companies in Europe on March 2, 2020, and received increased analytical coverage in 2019 with 23 reports, compared to 16 in 2018.See it on page 78

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