LegalPlayWay
Resolution No. 1: Ordinary General Meeting of PlayWay S.A.
30 Jun 202543 pages~61 min full read
PlayWay S.A. approved a dividend distribution of 148.83 million PLN, or 22.55 PLN per share, following a 2024 fiscal year that yielded a consolidated net profit of 170.2 million PLN.
See it on page 10Shareholders representing 83.86% of the company's capital granted formal discharge to the board, confirming the company's financial health with total consolidated assets and liabilities of 551.7 million PLN.
See it on page 32The Management Board was authorized to issue up to 66,000 new shares to fund an incentive program, and the company’s Articles of Association were amended to expand business operations into retail, advertising, and publishing.
See it on page 29Governance terms for both the Management and Supervisory Boards were extended to five-year cycles, with Krzysztof Kostowski reappointed as President and Bartosz Antoni Graś named Chairman of the five-member Supervisory Board.
See it on page 18New financial and operational mandates require the company to allocate at least 8% of net profit to supplementary capital and establish a formal Audit Committee.
See it on page 39The company’s corporate framework was modernized to include updated protocols for remote voting and conflict of interest disclosures, maintaining a total share capital of 660,000 PLN divided into 6.6 million bearer shares.
See it on page 6PlayWay S.A. concluded its Ordinary General Meeting on June 30, 2025, with shareholders representing 83.86% of the share capital approving the company’s 2024 financial performance and strategic governance shifts. The fiscal year 2024 was characterized by significant profitability, with the standalone entity reporting a net profit of 148.9 million PLN and a consolidated net profit of 170.2 million PLN attributable to the parent company. Total consolidated assets and liabilities reached 551.7 million PLN. Based on these results, the assembly approved a substantial dividend distribution of 148.83 million PLN, equating to 22.55 PLN per share, scheduled for payment in mid-July 2025.
The governance structure underwent formalization and extension, with the terms for both the Management Board and the Supervisory Board increased to five years. Krzysztof Kostowski was reappointed as President of a two-person Management Board alongside Vice President Jakub Trzebiński, while the Supervisory Board was reconstituted with five members under the chairmanship of Bartosz Antoni Graś. To align with long-term growth objectives, the assembly authorized the Management Board to increase share capital by up to 66,000 new shares to facilitate an incentive program for board members. Furthermore, the company’s Articles of Association were amended to officially recognize Kostowski as the founder and to broaden the business scope to include diverse retail, advertising, and publishing activities.
Operational and financial policies were also reinforced, requiring at least 8% of net profit to be allocated to supplementary capital. The updated statutes mandate the establishment of an Audit Committee and introduce modernized protocols for remote voting and conflict of interest disclosures. These resolutions, passed with overwhelming majority support, solidify the Warsaw-based developer and publisher’s corporate framework as it manages a share capital of 660,000 PLN divided into 6.6 million bearer shares. The assembly concluded by granting formal discharge to all board members for their duties during the 2024 fiscal year, signaling shareholder confidence in the current leadership and the company's financial trajectory.
