Current report no. 53/2020

Subject: Postponement of Cyberpunk 2077 release

Legal basis: Art. 17 of the Market Abuse Regulation (MAR)

In relation to information disclosed in Current Report no. 5/2020 of 18 June 2020, the Management Board of CD PROJEKT S.A. with a registered office in Warsaw, Jagiellońska 74 (hereinafter referred to as “the Company”) hereby announces that earlier today it had decided to postpone the scheduled release of Cyberpunk 2077 until 10 December 2020.

The delay is caused by the complexity of the final stages of optimizing the game’s performance on nine distinct hardware platforms, both current- and next-gen (Xbox One/X, backward compatibility on Xbox Series S/X, PlayStation 4/Pro, backward compatibility on PlayStation 5, PC and Stadia), for which the game is targeted, and of the associated testing processes which must be carried out by a physically dispersed development team. Completion of the aforementioned activities requires the Company to secure additional time.

In the Management Board’s opinion postponing the release by 21 days is consistent with the long-term interests of the Company and its shareholders.

Furthermore, the Management Board of the Company wishes to announce that on 26 October 2020 it undertook a decision to proceed with delayed disclosure of inside information under Art. 17 section 4 of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC. The inside information arising on 26 October 2020 comprised an analysis of the advisability of releasing the game on the scheduled date given the current assessment of the course of its associated optimization work. The reason for the eventual disclosure of this delayed inside information is the decision, undertaken by the Management Board of the Company on 27 October 2020, concerning postponement of the Cyberpunk 2077 release date.

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.


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