Rekomendacja Rady Nadzorczej w sprawie podziału zysku netto 2023: Polska

The recommendation of the supervisory board concerns the allocation of the 2023 net profit for 11 bit studios S.A. The board, on 9 May 2024, approved the management’s proposal to transfer the entire net profit of PLN 525,609 into a reserve fund. This decision aligns with Article 56(1)(2) of the Offer Act, which governs interim and periodic disclosures. The final distribution decision will be made by the Ordinary General Meeting scheduled for 6 June 2024. The recommendation reflects a conservative approach to capital preservation, ensuring that the company retains earnings for future investment or risk mitigation. The report is concise and limited to the supervisory board’s stance, without providing broader financial context or comparative data. It focuses solely on the 2023 profit allocation and outlines the procedural steps for final approval, indicating that no dividends will be distributed this year. The document is addressed to stakeholders in Warsaw and follows standard corporate governance disclosure practices for Polish public‑listed companies.