Uchwały Rady Nadzorczej PCF Group S.A.: Porządek Obrad NWZ, 28 Lutego 2023

PCF Group S.A. is implementing a strategic capital restructuring and governance overhaul to facilitate the execution of its updated growth strategy. Central to this initiative is a proposed share capital increase through the private issuance of up to 5,853,941 Series F ordinary shares. This issuance aims to raise between 205 million and 295 million PLN, specifically earmarked for the production of three major titles: Project Dagger, Bifrost, and Victoria. To expedite this capital raise and maximize proceeds through a book-building process, the company intends to exclude existing shareholders' pre-emptive rights, although a priority right remains for investors holding at least 0.25% of votes to mitigate dilution.

The governance framework is undergoing significant modification to consolidate control and ensure regulatory compliance. Amendments to the Articles of Association grant a Group of Authorized Shareholders, maintaining at least 40% of voting rights, the personal authority to appoint and dismiss the majority of the Supervisory Board, including its Chairperson and the President of the Management Board. This structure ensures long-term stability in leadership while the company transitions into its next phase of development. Following these resolutions, the share capital is established at 599,004.52 PLN, with additional provisions for conditional capital increases related to Series C shares.

Operational oversight is further strengthened through refined protocols for the Audit Committee and the Supervisory Board. These measures focus on rigorous financial reporting, risk management, and auditor independence in accordance with public interest entity regulations. The company’s primary business activities remain centered on computer game publishing and software services within the Polish market and the Warsaw Stock Exchange. By integrating flexible share issuance processes with robust corporate governance, the organization seeks to balance rapid capital acquisition with disciplined financial and administrative management.