Current Report No. 24/2024: Analysis of the Situation on One of the Game Projects

The report announces that the Management Board of 11 bit studios S.A. has initiated a comprehensive assessment of one of its game development projects, which may ultimately require the write‑off of unfinished work. The project’s current book value stands at PLN 48,432,077.90 as of 30 September 2024. The Board cautions that the final write‑off amount will be determined only after a detailed review of all assets associated with the project, and that any decision will be communicated promptly. The notice is issued under Article 17.1 of the MAR – Inside information regulation, indicating that the information is material and must be disclosed to market participants. The scope of the analysis covers a single internal project within the company’s portfolio, with no geographic or sectoral expansion beyond the studio’s existing operations. No specific methodology is disclosed beyond a “detailed analysis” of project assets, and no survey or external data sources are referenced. The communication is signed by Przemysław Marszał, President of the Management Board, and Grzegorz Miechowski, a board member, underscoring executive responsibility for the forthcoming decision.