21 April 2020
Decision of the President of the Management Board to resign from applying for the next term of office
Legal basis: Art. 56 section 1 item 2 of the Act on Public Offering – current and periodic information
Content of the report:
Management Board of Ten Square Games S.A. (“Company”, “Issuer”) informs that on 21.04.2020 it received information about the decision of the President of the Management Board of the Company Mr. Maciej Popowicz to resign from applying for election to the Management Board of the Company for the next term. The statement of resignation was submitted on 21.04.2020. to the Management Board and Supervisory Board of the Company.
Mr Maciej Popowicz declared that after the expiry of his mandate in the Management Board of the Company he would remain in the Company focusing on its strategy.
Mr Maciej Popowicz stated that as a shareholder holding a significant block of shares in the Company, he would recommend that the Supervisory Board appoint Maciej Zużałek – Chairman of the Supervisory Board of the current term – as President of the Management Board of the Company.
The mandate of Mr. Maciej Popowicz as President of the Management Board of the Company will expire on the date of the Ordinary General Meeting of Shareholders for the financial year 2019.