Management Board’s Recommendation on Allocation of Profit for 2024

The Management Board of 11 bit studios S.A. has formally proposed the allocation of the company’s entire net profit for the 2024 financial year to statutory reserve funds. This recommendation, issued in Warsaw on April 25, 2025, involves a total net profit figure of PLN 6,899,150. By directing these funds toward reserves rather than distributing them as dividends to shareholders, the leadership indicates a strategic preference for strengthening the company’s internal capital structure and financial stability following the 2024 fiscal period.

The scope of this decision is limited to the individual financial performance of the Polish game developer and publisher for the specific twelve-month period ending December 31, 2024. This action follows standard corporate governance procedures under Market Abuse Regulation requirements for public companies listed in Poland. The proposal has been submitted to the Supervisory Board for assessment, though the final authority regarding the distribution of earnings rests with the upcoming Annual General Meeting of shareholders.

This financial strategy reflects a conservative approach to capital management during a period of ongoing development and publishing activity. By retaining the full amount of the nearly 6.9 million PLN profit, the company ensures that these resources remain available to support future operations, project funding, or strategic investments. The recommendation serves as a key indicator of the firm's current fiscal priorities, prioritizing long-term balance sheet strength over immediate liquidity returns to investors.