- 01
PlayWay S.A. updated its Articles of Association following the June 30, 2023, Ordinary General Meeting to refine corporate governance and operational oversight.
- 02
The Supervisory Board is now required to convene at least once every quarter, an increase from the previous mandate of three meetings per year.
- 03
The Supervisory Board has been formally empowered to set a maximum annual budget for external advisors to balance independent expertise with fiscal control.
- 04
Transactions between PlayWay S.A. and its parent, subsidiary, or affiliated entities that exceed 10% of total assets are now exempt from requiring explicit Supervisory Board consent.
- 05
The 10% asset threshold for related-party transaction exemptions is calculated based on the company's most recently approved financial statements.
- 06
These statutory amendments are designed to align internal regulations with broader commercial code requirements while streamlining financial operations within the company ecosystem.