Legal

Zmiana Porządku Obrad oraz Uzupełnienie Projektów Uchwał ZWZ PlayWay S.A.

1 January 20242 pages660 words

Summary

The Management Board of PlayWay S.A., a prominent Polish game developer and publisher, announced a formal amendment to the agenda of its Ordinary General Meeting scheduled for June 20, 2024. This change follows a formal request submitted on May 29, 2024, by ACRX Investments Limited, a shareholder representing at least five percent of the company's share capital. The primary purpose of the amendment is to include a specific resolution regarding modifications to the existing Incentive Program for members of the Management Board. The updated agenda encompasses eighteen distinct points, primarily focusing on the fiscal year ending December 31, 2023. Key items include the presentation and approval of financial statements for both the company and the broader PlayWay Capital Group, the distribution of net profit, and the allocation of reserve capital for dividend payments. Additionally, the meeting will address the discharge of duties for members of the Management Board and Supervisory Board, as well as proposed amendments to the Company's Articles of Association. These amendments include authorizing the Management Board to increase share capital within the framework of authorized capital, potentially excluding existing shareholders' subscription rights. The scope of this corporate action is centered on the governance and financial oversight of PlayWay S.A. within the Polish regulatory framework. The proceedings are governed by the Commercial Companies Code and relevant financial market regulations regarding current and periodic information for issuers. This administrative update ensures that the upcoming shareholder meeting addresses both standard annual closing procedures and specific strategic adjustments to executive compensation structures as requested by significant investors.

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Zmiana Porządku Obrad oraz Uzupełnienie Projektów Uchwał ZWZ PlayWay S.A.

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