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The presentation outlines PCF Group S.A.’s financial performance for the first nine months of 2022, emphasizing revenue growth, profitability metrics, and balance‑sheet strength. Total group revenues reached PLN 131.8 million, up from PLN 130.9 million in the same period of 2021, while EBITDA climbed to PLN 40.3 million from PLN 26.1 million in 2021, reflecting a significant improvement in operating efficiency. Adjusted EBITDA, accounting for non‑recurring items such as warranty provisions and restructuring costs, stood at PLN 41.3 million, underscoring robust underlying earnings.

Net income for the nine‑month period was PLN 42.1 million, a notable increase from PLN 30.8 million in 2021, driven by higher gross margins and disciplined cost management. The group’s balance sheet remained solid, with total assets of PLN 60.3 million and equity of PLN 54.6 million, while working‑capital items such as receivables and payables were well balanced. Cash reserves of PLN 137.1 million provided liquidity for ongoing development and expansion initiatives.

Geographically, PCF Group operates across multiple regions, with a workforce of 614 employees as of September 30, 2022, spread across North America and Europe. The company’s portfolio includes seven titles in development or publishing stages, with several high‑profile IPs such as “Gemini Dagger” and “Bifrost Victoria” slated for release in 2024. The presentation also highlights strategic partnerships, including a collaboration with Take‑Two Interactive Software and ongoing development outsourcing that generated PLN 44.1 million in revenue during the period.

Overall, the data indicate a healthy growth trajectory for PCF Group S.A., driven by expanding IP pipelines, efficient cost structures, and a strong balance sheet that supports continued investment in game development and market expansion.

The report presents the conclusion of an independent review conducted by Grant Thornton Frąckowiak on PCF Group S.A.’s condensed half‑year financial statements for the period from 1 January to 30 June 2021. The review covered the condensed statement of financial position, the condensed statements of profit or loss and other comprehensive income, changes in equity, cash‑flow statement, and selected explanatory notes. The statements were prepared in accordance with International Accounting Standard 34 on interim financial reporting, as adopted by European Union regulations.

The engagement was performed under the Polish National Standard for Review of Interim Financial Information (Standard 2410), equivalent to International Standard on Review Engagements. The review involved inquiry procedures directed at the company’s finance and accounting personnel, analytical procedures, and other review activities. The scope is narrower than a full audit; therefore, the reviewers do not express an audit opinion but provide a review conclusion.

The key finding is that nothing was identified that would lead the reviewers to believe the condensed interim financial statements were not prepared in all material respects in accordance with IAS 34. The conclusion is supported by the procedures performed and the information obtained during the review.

The report covers PCF Group S.A., a Warsaw‑based joint‑stock company, and pertains to the first half of 2021. No specific financial figures or ratios are disclosed in the summary, as the focus is on the review methodology and overall compliance with IAS 34.

The report presents the conclusion of a review conducted by Grant Thornton Frąckowiak on the condensed interim consolidated financial statements of PCF Group Spółka Akcyjna for the period ending 30 June 2021. The review covers the group’s condensed consolidated statements of financial position, income, other comprehensive income, changes in equity and cash‑flow information for the first half of 2021. The statements were prepared in accordance with International Financial Reporting Standard 34 on interim financial reporting, as required by European Commission regulations.

The review was performed under Polish National Standard 2410, equivalent to the International Standard on Review Engagements. The engagement involved inquiry procedures directed at financial and accounting personnel, analytical review procedures, and other review activities. The scope is limited compared to a full audit; therefore, the reviewers cannot express an assurance opinion that all material matters have been identified and disclosed.

The conclusion states that nothing was found to indicate that the condensed interim consolidated financial statements were not prepared in all material respects in accordance with IFRS 34. The report is signed by Jan Letkiewicz, a licensed auditor, and dated 29 September 2021.

WARSZAWA, 29 LISTOPADA 2021 ROKU Ś RÓDROCZNE SKONSOLIDOWANE SPRAWOZDANIE ZA OKRES 3 I 9 MIESIĘ CY ZAKOŃCZONY 30 WRZEŚ NIA 2021 ROKU 29 LISTOPADA 2021 PCF GRUPA KAPITAŁOWA PCF GROUP SPÓŁKA AKCYJNA 2 0 Śródroczne skonsolidowane sprawozdanie za okres 9 miesięcy zakończony 30.09.2021 r. GROUP (dane w tys.

The audit report confirms that the 2021 consolidated financial statements of PCF Group Spółka Akcyjna and its subsidiaries present a true and fair view of the group’s financial position, results, and cash flows as of 31 December 2021. The statements comply with International Financial Reporting Standards, the European Union ESEF format, and Polish statutory requirements. The auditor’s opinion is unqualified, indicating that the financials are free from material misstatement and comply with applicable accounting principles.

Key findings highlight significant audit focus areas. Revenue recognition from client contracts was scrutinised due to the complexity of multi‑element agreements, variable consideration, and performance obligations. The auditor evaluated management’s estimates for bonuses, warranties, and contract modifications, confirming that disclosures in notes 3 and 9 are adequate. Another critical area involved the acquisition of Game On Creative Inc., Incuvo S.A., and Phosphor Games, LLC. The goodwill recognised at PLN 54,604 thousand required detailed valuation and impairment testing, which the auditor verified as appropriate.

The audit was conducted under Polish law for public‑interest entities and EU Regulation 537/2014, with the audit firm maintaining independence in accordance with IESBA ethics. The engagement covered three consecutive fiscal years (2019‑2021) and was repeated for 2022, ensuring continuity. No non‑audit services that would conflict with the audit were performed.

Overall, the report affirms compliance with regulatory and reporting standards, provides assurance on critical accounting judgments, and confirms that the group’s financial statements accurately reflect its economic reality.

The audit opinion confirms that PCF Group Spółka Akcyjna’s 2021 financial statements present a true and fair view of the company’s financial position as of December 31, 2021 and its performance for the year. The statements comply with International Financial Reporting Standards (IFRS), European Commission regulations, and Polish statutory requirements. The auditor’s assessment is based on a comprehensive examination of the company’s accounting records, internal controls, and disclosures, concluding that the financial statements are free from material misstatement.

Key findings include a recorded receivable balance of 22,385 thousand zloty from client contracts and total sales revenue of 107,825 thousand zloty for the year. The audit addressed significant risks such as revenue recognition under IFRS 15 and potential fraud, noting that evidence gathered was sufficient to support the opinion. No separate opinions were issued on these risk areas, and no material misstatements were identified.

The audit was performed in accordance with Polish law on certified public accountants, the National Standards for Auditing (KSB), and EU Regulation 537/2014. The engagement team, led by key auditor Jan Letkiewicz of Grant Thornton Frackowiak Sp. z o.o. sp. k., maintained independence and complied with the International Ethics Standards Board for Accountants (IESBA) code. The firm’s selection by the company’s supervisory board in June 2021 ensured continuity of audit coverage for 2019–2022, with the current engagement covering the 2021 year.

Overall, the audit confirms that the financial statements are reliable and comply with all applicable accounting and regulatory frameworks.

Niniejsze sródroczne skrócone skonsolidowane sprawozdanie finansowe zostato zatwierdzone Grupa Kapitałowa PCF Group Spółka Akcyjna WYBRANE DANE W PRZELICZENIU NA EUR Podpisy wszystkich Cztonków Zarzadu Data Imie i nazwisko Funkcja Podpis zgodnie z data podpisu Sebastian Kamil Prezes Zarzadu Signature Not Verified elektronicznego Wojciechowski Dokument podpisay przez Podpisy osoby odpowiedzialnej za sporzadzenie niniejszego sródrocznego skróconego Data I...

The assessment confirms that PCF Group S.A.’s 2021 annual financial statements, both the standalone and consolidated reports, present a reliable picture of the company’s assets, liabilities, equity, income, and cash flows in accordance with International Financial Reporting Standards adopted by the European Union. The audit opinion affirms that the statements are free from material misstatement, comply with applicable accounting legislation and ministerial regulations, and were prepared within the prescribed deadlines. The supervisory board’s review of the management report and corporate governance declaration also concludes that these documents accurately reflect the group’s performance, development, and adherence to governance principles. Methodologically, the evaluation relied on the external auditor’s report, the board’s examination of accounting records and supporting documentation, and a video conference with the auditor to discuss findings. The scope covers PCF Group S.A. and its capital group for the fiscal year ending 31 December 2021, with no geographic or sectoral limitations beyond the company’s operations. The report underscores that all financial disclosures align with statutory requirements, including those concerning non‑EU jurisdictions, and that the company’s governance statements meet regulatory expectations. Overall, the supervisory board endorses the financial and management reports as accurate, complete, and compliant with relevant standards.

AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 SKONSOLIDOWANY RAPORT KWARTALNY AL.

AL. SOLIDARNOCI 171 TEL +48 22 887 34 30 SPÓLKA 2 0 AKCYJNA 2 1 SPRAWOZDANIE ZARZADU Z DZIALALNOSCI (dane w tys. zł, chyba że zaznaczono inaczej) PEOPLE PCF GAN FLY GROUP Niniejsze Sprawozdanie z działalności Grupy S.A. Kapitałowej PCF Group S.A. i spółki PCF Group S.A. w 2021 r. zostało sporządzone na podstawie § 70 ust. 1 pkt 4, 6, 7 oraz § 71 ust.

AL. SOLIDARNOSCI 171 TEL +48 22 887 34 30 Grupa Kapitałowa PCF Group Spółka Akcyjna – wybrane dane w przeliczeniu na EUR PLN EUR od 01.01 do od 01.01 do od 01.01 do od 01.01 do 31.12.2021 r. 31.12.2020 r. 31.12.2021 r. 31.12.2020 r.

AL. SOLIDARNOCI 171 TEL +48 22 887 34 30 – wybrane dane w przeliczeniu na EUR PLN EUR od 01.01 do od 01.01 do od 01.01 do od 01.01 do 31.12.2021 r. 31.12.2020 r. 31.12.2021 r. 31.12.2020 r.

(dane w tys. zł, chyba że zaznaczone inaczej) AL. SOLIDARNOCI 171 TEL +48 22 887 34 30 (dane w tys. zł, chyba że zaznaczone inaczej) Grupa Kapitałowa PCF Group Spółka Akcyjna – wybrane dane w przeliczeniu na EUR PLN EUR od 01.01 do od 01.01 do od 01.01 do od 01.01 do 31.03.2022 r. 31.03.2021 r. 31.03.2022 r. 31.03.2021 r.

The presentation reports the financial performance of PCF Group S.A. for Q1 2022, comparing it with the same period in 2021 and providing a full‑year outlook for 2022. Revenue rose by 63.1 % to PLN 30.9 million, driven primarily by the People Can Fly and Can Fly subsidiaries; EBITDA increased 77.2 % to PLN 9.3 million, while net profit surged 78.8 % to PLN 13.9 million. The group’s enterprise value reached PLN 56.2 million, a 2.9 % rise from the previous year, and shareholders’ equity grew by 6.3 % to PLN 276.0 million. Total assets increased 8.8 % to PLN 344.7 million, with current cash balances slightly down by 1.0 % to PLN 135.8 million.

Operating highlights show that revenue from game production on contract and development outsourcing grew 69.9 % year‑over‑year, while related costs remained stable, improving gross margins. EBITDA trends across the fiscal year demonstrate a steady upward trajectory from FY 2020 through FY 2022, with adjusted EBITDA for Q1 2022 at PLN 16.8 million.

The analysis is based on audited financial statements and internal management data, with figures rounded to the nearest PLN. The presentation covers Poland only, covering Q1 2022 and full‑year 2022 projections. No external survey or market research methodology is disclosed; the data derive from the company’s own reporting systems.

The review confirms that PCF Group Spółka Akcyjna’s condensed interim financial statements for the period ending 30 June 2022 comply with International Financial Reporting Standard 34 and European Commission regulations. The statements include a balance sheet, income statement, statement of comprehensive income, changes in equity, cash‑flow statement for 1 January–30 June 2022, and selected explanatory notes. The audit firm performed a review engagement under Polish National Standard 2410, equivalent to International Review Standard 240, focusing on inquiries of financial and accounting personnel and analytical procedures. The scope is narrower than a full audit, so the review does not provide assurance that all material matters would be identified; consequently no audit opinion is issued. The engagement was conducted by Grant Thornton Frąckowiak Spółka z ograniczoną odpowiedzialnością sp. k., a member of Grant Thornton International Ltd, with the key auditor Jan Letkiewicz delivering the conclusion on 29 September 2022. The report indicates no findings that would lead to a statement that the interim financials were not prepared in accordance with IFRS 34. The review covers only the Polish entity PCF Group, focusing on its Warsaw‑based operations for the first half of 2022.

The report presents the findings of a review conducted by Grant Thornton Frąckowiak on the condensed interim consolidated financial statements of PCF Group Spółka Akcyjna for the period from 1 January to 30 June 2022. The review was performed in accordance with the Polish Standard for Review of Interim Financial Information 2410, equivalent to International Standard on Review Engagements (ISRE) 2410, and was based on the company’s internal controls and accounting records. The scope of the review involved inquiry procedures directed at finance and accounting personnel, analytical procedures, and other review activities. Because the engagement is a review rather than an audit, it does not provide assurance that all material matters have been identified; therefore, no audit opinion is expressed.

The review concluded that nothing was found to indicate that the condensed interim consolidated financial statements were not prepared in all material respects in accordance with International Financial Reporting Standard 34, as adopted by European Union regulation. The financial statements cover the entire PCF Group, with its dominant entity headquartered in Warsaw, and include balance sheet, income statement, comprehensive income, changes in equity, and cash‑flow statements for the first half of 2022. The report is dated 29 September 2022 and signed by Jan Letkiewicz, a senior auditor of the firm.

SKONSOLIDOWANE SPRAWOZDANIE Z WYNIKU I POZOSTALYCH CATKOWITYCH DOCHODÓW od 01.01 do od 01.04 do od 01.01 do od 01.04 do 30.06.2022 r. 30.06.2022 r. 30.06.2021 r. 30.06.2021 r.

AL. SOLIDARNOSCI 171 TEL +48 22 887 34 30 SPÓLKA 2 0 AKCYJNA 2 PÓEROCZNE SPRAWOZDANIE ZARZADU Z DZIAEALNOCI za okres 1.01.2022 – 30.06.2022 r. (dane w tys. zł, chyba że zaznaczono inaczej) Niniejsze półroczne sprawozdanie z działalności Grupy Kapitałowej PCF Group S.A. i spółki PCF Group S.A. za okres 1.01.2022 –30.06.2022 r. zostało sporządzone na podstawie § 68ust. 1 pkt 3 oraz § 69 ust.

WARSZAWA | 27 MAJA 2024 ROKU (dane w tys. zł, chyba że zaznaczone inaczej) PEOPLE (dane w tys. zł, chyba że zaznaczone inaczej) Grupa Kapitałowa PCF Group Spółka Akcyjna WYBRANE DANE W PRZELICZENIU NA EUR PLN EUR 31.03.2024 r. 31.12.2023 r. 31.03.2024 r. 31.12.2023 r.

AL. SOLIDARNOCI 171, Tel +48 22 887 34 30 PÓEROCZNE SPRAWOZDANIE ZARZADU Z DZIAEALNOSCI GRUPY KAPITALOWEJ PCF GROUP S.A. ORAZ SPÓEKI PCF GROUP S.A. ZA 0KRES 1.01.2023 - 30.06.2023 za okres 1.01.2023 – 30.06.2023 r. (dane w tys. zł, chyba że zaznaczono inaczej) Niniejsze półroczne sprawozdanie z działalności Grupy Kapitałowej PCF Group S.A. i spółki PCF Group S.A. za okres 1.01.2023 –30.06.2023 r. zostało sporządzone na podstawie § 70 ust. 1 pkt 4, 6, 7 oraz § 71 ust.