Resolutions Adopted at the Ordinary General Meeting of PCF Group S.A. with Headquarters in Warsaw on June 23, 2025

PCF Group S.A. concluded its 2024 fiscal year facing significant financial headwinds, reporting a standalone net loss of 228.6 million PLN and a consolidated net loss of 175.3 million PLN. During the Ordinary General Meeting held on June 23, 2025, shareholders moved to address these deficits by utilizing the company’s supplementary capital to cover the full standalone loss. Despite these financial challenges, the assembly signaled confidence in leadership by granting discharge to all members of the Management and Supervisory Boards for their performance during the preceding year.

To stabilize the company’s financial position and support its long-term growth strategy, a significant amendment to the Articles of Association was adopted, establishing an authorized capital framework for the next three years. This provision empowers the Management Board to increase share capital by up to 215,641.62 PLN through the issuance of over 10.7 million new shares or subscription warrants. This mechanism is specifically designed to provide flexible funding for ongoing game development and the self-publishing of Project Victoria, also known as Lost Rift. Crucially, the Board now holds the authority to exclude existing shareholders' pre-emptive rights with Supervisory Board approval to expedite capital raises.

The governance structure has also been tightened to ensure more rigorous oversight of the company’s intellectual property and financial commitments. New statutory amendments mandate that the Management Board obtain Supervisory Board consent for any financial liabilities exceeding 10% of equity or the permanent disposal of game-related intellectual property rights. These changes, alongside the formalization of a three-year joint term for board members and the establishment of an audit committee, reflect a strategic shift toward disciplined financial management and the protection of core assets as the company navigates its transition into self-publishing and expanded software development.