Report on the Completion of Series E Share Subscription

11 bit studios raised PLN 2,749,500 through a private share subscription.

The company issued 305,500 Series E ordinary shares to six private investors. The subscription concluded on 27 July 2012.

Only 305,500 of the 400,000 offered shares were subscribed.

The total number of shares offered was 400,000, but only 305,500 were ultimately subscribed. No sub-subscription agreements were included.

The subscription ran from 22 June to 31 July 2012.

The board filed a capital declaration on 31 July 2012. The process was initiated by a board resolution on 22 June 2012.

1. 01
   Board resolution

   22 June 2012
2. 02
   Purchase agreements

   25–26 July 2012
3. 03
   Subscription concluded

   27 July 2012
4. 04
   Capital declaration

   31 July 2012

Issuance costs totaled PLN 42,386 across three categories.

Costs covered preparation, informational documents, and notarial charges. These were recorded as interim expenses and will be capitalized.

Total costs. Issuance costs totaled PLN 42,386, covering advisory, legal, and administrative fees, which will be capitalized under Polish accounting regulations.

The issuance was a private placement without public allocation.

Existing shareholders had no subscription rights. The report confirms compliance with Alternative Trading System regulations.

Placement type. The issuance was conducted as a private placement without existing shareholders' subscription rights and involved no sub-subscription agreements.

All financial and procedural details comply with corporate law.

The capital increase was fully executed within the stipulated period. The report details compliance with applicable corporate law provisions.