Report on the Completion of Series E Share Subscription

11 bit studios S.A. raised PLN 2,749,500 through a private subscription of 305,500 Series E ordinary shares.

The shares were issued at a price of PLN 9.00 per share to six private investors between 25 and 26 July 2012.

The capital increase fell short of the 400,000 shares originally offered, with 305,500 shares ultimately subscribed.

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

The subscription process was initiated by a board resolution on 22 June 2012 and concluded with a formal capital declaration on 31 July 2012.

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