Reports.

27 May 2019

Convening of an Ordinary General Meeting of Shareholders of Ten Square Games S.A.

Legal basis: Article 56, section 1, item 2 of the Act on Public Offering – current and periodic information

Content of the report:

The Management Board of Ten Square Games S.A. with its registered office in Wrocław (the “Company”) hereby announces that on April 23, 2019 it adopted a resolution on the valuation of the Management Board application concerning the distribution of net profit for the year 2018 and recommendations submitted to General Meeting of Shareholders of the Company.

The General Meeting of Shareholders of the Company has positively reviewed the motion of the Management Board of the Company and recommended to the General Meeting of Shareholders of the Company to distribute the net profit for the year 2018 in the amount of PLN 37,022,951.00 (in words: thirty-seven million twenty two thousand nine hundred and fifty one zlotys) as follows:

1. the amount of PLN 27,310,500.00 (in words: twenty-seven million, three hundred and ten thousand and five hundred zlotys) was proposed to be distributed among shareholders in the form of a dividend of PLN 3.78 (in words: three zlotys and seventy-eight groszy) per share;
2. PLN 9,712,451.00 (in words: nine million seven hundred twelve thousand four hundred fifty one zloty) was proposed to be transferred to the Company’s reserve capital.

At the same time, the Management Board of the Company requested the General Meeting of Shareholders to set the dividend date as 5 June 2019 and the dividend payment date as 19 June 2019.

The application to set the day of the dividend at 5 June 2019 and the day of the dividend payment at 19 June 2019 have been positively reviewed by the Company’s Supervisory Board. The final decision concerning the distribution of profit for the financial year ended 31 December 2018 will be made by the Ordinary General Meeting of the Company.