Krzysztof Kostowski, the CEO of PlayWay S.A., has formally waived his right to participate in the company’s incentive program for the 2023 fiscal year. This legal declaration, executed in July 2024, follows the confirmation by the Supervisory Board that the performance conditions required for the issuance of new shares had been met. Despite being the sole member of the Management Board eligible for the award, the executive opted to relinquish his entitlement to the specified equity compensation. The waiver specifically covers the right to receive an offer for and subsequently subscribe to 66,000 new ordinary bearer shares. These shares carry a nominal value of 0.10 PLN each. The decision was made in accordance with the regulations established by the Ordinary General Meeting in June 2023 and subsequently amended in June 2024, which allow Management Board members to decline participation in the incentive scheme through written or electronic notification. This action impacts the capital structure and executive compensation dynamics of PlayWay S.A., a major player in the Polish game development and publishing sector. By waiving these rights, the executive prevents the dilution of existing shareholders that would have resulted from the issuance of these 66,000 new shares. The declaration is final and took effect immediately upon its submission to the Supervisory Board, effectively nullifying the specific share allocation earmarked for the CEO under the 2023 incentive cycle.