Rekomendacja Zarządu w Sprawie Podziału Zysku Netto Wypracowanego w 2023 Roku

The management board of 11 bit studios S.A. has formally proposed the allocation of the company’s net profit generated during the 2023 financial year. Following a resolution passed on April 22, 2024, the leadership recommends that the entirety of the net profit, totaling 525,609 PLN, be transferred to the company’s supplementary capital. This strategic decision prioritizes the internal reinvestment of earnings over dividend payouts to shareholders for the specified period.

The scope of this recommendation covers the financial performance of the Warsaw-based developer and publisher within the Polish market for the 2023 fiscal year. By directing these funds toward reserve capital, the board aims to strengthen the firm’s financial foundation and liquidity, potentially supporting ongoing development projects or future operational scaling. This move reflects a conservative fiscal approach common among mid-sized studios navigating the capital-intensive cycles of game production and marketing.

The proposal has been submitted to the Supervisory Board for evaluation, though the final determination remains subject to the approval of the Ordinary General Meeting of Shareholders. This disclosure complies with European market abuse regulations regarding inside information, ensuring transparency for investors regarding the company’s capital management strategy. The recommendation is signed by key executive leadership, including the President and a member of the Management Board, signaling a unified corporate stance on retaining earnings to bolster the balance sheet.