Raport Bieżący Nr 10/2021

PCF Group S.A., the parent company of game development studio People Can Fly, announced significant changes to its Supervisory Board effective April 1, 2021. This corporate action involved the simultaneous resignation of two board members and the appointment of their successors. The transition fulfills specific governance obligations outlined in the company’s November 2020 prospectus following its initial public offering on the Warsaw Stock Exchange.

Bartosz Biełuszko and Krzysztof Dolaś resigned from their positions on the Supervisory Board to align with the company's post-IPO commitments. Despite stepping down from their oversight roles, both individuals maintain their operational leadership positions within the studio as Art Director and Technical Art Director, respectively. Their departures were mandated to occur within 60 days of the company’s shares being admitted to trading on the main market.

To fill these vacancies, the Group of Authorized Shareholders—comprising Sebastian Wojciechowski, Bartosz Kmita, Bartosz Biełuszko, and Krzysztof Dolaś—exercised their personal rights under the company’s articles of association to appoint Barbara Sobowska and Kuba Dudek. Both new members will serve until the end of the current three-year joint term.

The new appointees bring extensive legal and financial expertise to the board. Barbara Sobowska is a dual-qualified lawyer in New York and England & Wales with a background in international law firms and technology sector advisory. Kuba Dudek serves as a managing partner at SpeedUp Venture Capital Group, bringing experience from over 30 investment processes in the technology industry. Both appointees confirmed they do not engage in activities competitive with PCF Group S.A. and are not listed in the Register of Insolvent Debtors.