Subject: Management Board resolution concerning allocation of net profit obtained in 2015
Legal basis: Art. 56 section 1 item 1 of the Offerings Act – confidential information
The Management Board of CD PROJEKT S.A., headquartered in Warsaw (hereafter referred to as “the Company”) hereby announces that on 10 March 2016 it undertook a resolution concerning approval and submission to the General Meeting, following preliminary opinion by the Supervisory Board, of a draft resolution concerning allocation of net profit obtained in 2015. In accordance with the above, the Management Board has proposed to the General Meeting that the net profit obtained in 2015, in the amount of 336 200 000 PLN, be partly allocated to cover losses incurred in the preceding years, with the remainder allocated to reserve capital in light of the Management Board’s intent to apply to the General Meeting for approval of a share buyback program along with the specific rules and conditions of same.
Disclaimer: This English language translation has been prepared solely for the convenience of English speaking readers. Despite all the efforts devoted to this translation, certain discrepancies, omissions or approximations may exist. In case of any differences between the Polish and the English versions, the Polish version shall prevail. CD PROJEKT, its representatives and employees decline all responsibility in this regard.