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Legal
Projekty Uchwał Zwyczajnego Walnego Zgromadzenia PlayWay S.A.
The Management Board of PlayWay S.A., a prominent Polish game developer and publisher, issued a series of draft resolutions for its Ordinary General Meeting scheduled for June 25, 2019. The primary purpose of these resolutions is to formalize the company's corporate governance actions and financial approvals for the 2018 fiscal year. The scope of the documentation covers the individual and consolidated financial performance of the PlayWay Capital Group for the period from January 1, 2018, to December 31, 2018. Key financial data points include the approval of PlayWay S.A.’s individual financial statement, which reported a balance sheet total of 69.72 million PLN and a net profit of 16.37 million PLN. On a consolidated basis, the PlayWay Capital Group reported a significantly larger balance sheet total of 121.81 million PLN, with a net profit attributable to the company of 47.02 million PLN and a total comprehensive income of 54.73 million PLN. The group also saw an increase in equity by 43.44 million PLN and a cash flow increase of 22.43 million PLN during the period. A significant portion of the resolutions concerns the distribution of profit and dividend payments. The board proposed a total dividend payout of 16.43 million PLN, representing 2.49 PLN per share. This payout is comprised of the entire 2018 net profit of 16.37 million PLN supplemented by approximately 62,793 PLN transferred from the company's supplementary capital. Additional resolutions include the granting of discharge (absolutorium) to members of the Management Board, including Krzysztof Kostowski and Jakub Trzebiński, and members of the Supervisory Board for their performance in 2018. The methodology follows standard Polish Commercial Companies Code requirements for public joint-stock companies.
PlayWayJan 2019
Legal
Resolution No. 1: Ordinary General Meeting of PlayWay S.A.
PlayWay S.A. concluded its Ordinary General Meeting on June 30, 2025, with shareholders representing 83.86% of the share capital approving the company’s 2024 financial performance and strategic governance shifts. The fiscal year 2024 was characterized by significant profitability, with the standalone entity reporting a net profit of 148.9 million PLN and a consolidated net profit of 170.2 million PLN attributable to the parent company. Total consolidated assets and liabilities reached 551.7 million PLN. Based on these results, the assembly approved a substantial dividend distribution of 148.83 million PLN, equating to 22.55 PLN per share, scheduled for payment in mid-July 2025. The governance structure underwent formalization and extension, with the terms for both the Management Board and the Supervisory Board increased to five years. Krzysztof Kostowski was reappointed as President of a two-person Management Board alongside Vice President Jakub Trzebiński, while the Supervisory Board was reconstituted with five members under the chairmanship of Bartosz Antoni Graś. To align with long-term growth objectives, the assembly authorized the Management Board to increase share capital by up to 66,000 new shares to facilitate an incentive program for board members. Furthermore, the company’s Articles of Association were amended to officially recognize Kostowski as the founder and to broaden the business scope to include diverse retail, advertising, and publishing activities. Operational and financial policies were also reinforced, requiring at least 8% of net profit to be allocated to supplementary capital. The updated statutes mandate the establishment of an Audit Committee and introduce modernized protocols for remote voting and conflict of interest disclosures. These resolutions, passed with overwhelming majority support, solidify the Warsaw-based developer and publisher’s corporate framework as it manages a share capital of 660,000 PLN divided into 6.6 million bearer shares. The assembly concluded by granting formal discharge to all board members for their duties during the 2024 fiscal year, signaling shareholder confidence in the current leadership and the company's financial trajectory.
PlayWayJun 2025
Legal
Uchwała Nr 1 ZWZ PlayWay S.A. z dnia 20 Czerwca 2024
The Ordinary General Meeting of PlayWay S.A., held on June 20, 2024, formalized the company’s financial and operational performance for the 2023 fiscal year. Representing 74.54% of the share capital, shareholders ratified the 2023 activity reports and consolidated financial statements, which revealed a net profit of 106.7 million PLN and total assets valued at 534.9 million PLN. The meeting also confirmed the individual company net profit of 144 million PLN, leading to the authorization of a substantial dividend payment of 21.82 PLN per share. This dividend, totaling 144.01 million PLN, was sourced from both 2023 profits and retained earnings, with distribution scheduled for July 2024. Operational governance was a primary focus, as shareholders unanimously granted discharge to all members of the Management and Supervisory Boards for their performance during the 2023 period. This vote of confidence was accompanied by the approval of a new Management Board Incentive Program designed to align executive compensation with long-term growth and project diversification. To facilitate this program, the company authorized a share capital increase through the issuance of up to 66,000 new shares. Eligibility for the incentive program is contingent upon rigorous performance metrics, emphasizing both financial growth and creative output. Management Board members must maintain continuous service, ensure the company achieves a net profit exceeding the previous year’s results, and personally oversee the development of at least five unique, non-sequel game projects. By excluding existing shareholders' pre-emptive rights for these specific issuances, the company has streamlined the mechanism for rewarding leadership based on the successful expansion of its gaming portfolio and sustained profitability within the global market.
PlayWayJun 2024
Legal
Uchwały Podjęte na Zwyczajnym Walnym Zgromadzeniu PlayWay S.A. w Dniu 20 Czerwca 2024
The Ordinary General Meeting of PlayWay S.A., held on June 20, 2024, resulted in the formal adoption of several key resolutions governing the company’s corporate governance and executive compensation structures. The proceedings focused on the approval of financial statements and operational reports for the preceding fiscal year, ensuring compliance with Polish capital market regulations. A significant outcome of the meeting was the modification of the existing incentive program for members of the Management Board. While the initial proposal for these changes was outlined in previous regulatory filings, the assembly ultimately adopted a version proposed by a shareholder, which included specific amendments to the program's regulatory framework and the repeal of certain paragraphs. The voting data indicates a high level of shareholder participation and consensus, as all items on the planned agenda were addressed without any omissions or formal objections recorded in the minutes. The resolutions were passed with a clear breakdown of valid votes, including the number of shares represented and the percentage of share capital involved. This transparency aligns with the legal requirements for public companies listed on the Warsaw Stock Exchange, specifically adhering to the Act on Public Offering and the conditions for current and periodic information. Geographically focused on the Polish market and the domestic gaming sector, the meeting solidified the administrative and strategic direction of PlayWay S.A. for the upcoming period. By confirming the incentive program's new structure and approving the management's performance, the assembly reinforced the company's internal stability. The absence of opposition to the resolutions suggests strong alignment between the executive board and the shareholder base regarding the company’s fiscal management and long-term motivational strategies for its leadership.
PlayWayJun 2024