Subject: Management Board recommendation concerning allocation of net profit obtained in 2017
Legal basis: Art. 17 section 1 of MAR – inside information
The Management Board of CD PROJEKT S.A. with a registered office in Warsaw (hereinafter referred to as “the Company”) hereby announces that it has adopted a resolution concerning submission to the General Meeting of a recommendation concerning allocation of net profit obtained in 2017 in the amount of 184 612 975.08 PLN (one hundred and eighty-four million six hundred and twelve thousand nine hundred and seventy-five PLN 08/100). The recommendation stipulates that the entire amount be transferred to the Company reserve capital.
The above recommendation has been submitted to the Supervisory Board for endorsement, pursuant to §21 section 2 item e of the Company Articles, following which it will be formally submitted to the General Meeting for approval, pursuant to Art. 395 §2 item 2 of the Commercial Companies Code.
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.