Subject: Supervisory 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 on 25 June 2020 the Supervisory Board of the Company endorsed the Management Board’s recommendation concerning allocation of net profit obtained in 2019.
Following analysis of the Company Financial Statement for 2019 and of the Board recommendation itself, the Supervisory Board recommends to the General Meeting that the entire net profit obtained in 2019 in the amount of 172 825 677.97 PLN (one hundred and seventy-two million eight hundred and twenty-five thousand six hundred and seventy-seven PLN 97/100) be transferred to the Company reserve capital.
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.