Report on the Review of the Condensed Interim Financial Statement: 2025

No material misstatement was identified in the interim statements.

Grant Thornton Polska concluded that PCF Group's condensed interim financial statements for the first half of 2025 comply with IAS 34. The review found the statements presented in all significant respects in accordance with the standard.

The review used analytical procedures and management inquiries.

Grant Thornton Polska conducted the review under Polish Standard for Review Engagements 2410. The methodology relied on management's internal controls and financial records, with no sampling or audit evidence beyond the scope of a review engagement.

Review, not audit. The review did not provide assurance equivalent to a full audit.

1. 01
   Follow standard

   Conducted under Polish Standard for Review Engagements 2410
2. 02
   Apply procedures

   Used analytical procedures and inquiries of finance and accounting personnel
3. 03
   Limit scope

   No sampling or audit evidence beyond the scope of a review engagement

Early-access sales uncertainty affects the new game's valuation test.

The review highlighted a valuation test for the cash-generating unit related to development costs of a new game. It noted uncertainty in projected cash flows due to potential deviations in early-access sales.

Deferred tax assets of PLN 52,659 thousand face forecast risks.

PCF Group carries deferred tax assets totaling PLN 52,659 thousand.

The review covered only PCF Group's Polish operations in H1 2025.

The geographic coverage is limited to PCF Group's operations in Poland. The time frame covers the first half of 2025, from 1 January to 30 June.

Poland only. The review focused exclusively on PCF Group's operations within Poland.

Stakeholders should note the review is not a full audit.

The review did not provide assurance equivalent to an audit. It relied on management's internal controls and financial records without sampling or audit evidence beyond the scope of a review engagement.