Raport Bieżący ESPI Nr 10/ 2024

The management of PlayWay S.A. has issued a formal update regarding the implementation of its Incentive Program for the 2023 fiscal year, specifically concerning the issuance of new ordinary bearer shares. Following a resolution by the Supervisory Board on July 18, 2024, which confirmed that the necessary conditions for executive share acquisition had been met, the President of the Management Board, Krzysztof Kostowski, formally waived his right to be offered and to subscribe to 66,000 new shares. These shares carried a nominal value of 0.10 PLN each and were intended as performance-based compensation for the preceding financial period.

This waiver effectively concludes the share issuance process for the 2023 financial year under the current program framework. Because the President was the sole individual eligible for the allocation during this period, and no other members of the Management Board remain entitled to participate for the 2023 cycle, the company will not offer these new shares to any other parties. The decision aligns with the regulatory guidelines established by the Ordinary General Meeting in June 2023 and subsequently amended in June 2024.

The scope of this disclosure is limited to the internal corporate governance and executive compensation structure of the Warsaw-based game developer and publisher. By documenting the voluntary forfeiture of these equity rights, the company clarifies its capital structure and confirms that the planned increase in share volume associated with the 2023 incentive targets will not proceed. This administrative action ensures compliance with market transparency requirements regarding material changes to incentive program execution and potential share dilution.