Current report No. 12/2022 – Ten Square Games – one of the biggest mobile games development companies in Poland

Reports.

Current

Current report No. 12/2022 .

26 January 2022

The Management Board of Ten Square Games S.A., with its registered office in Wrocław (the “Company” or the “Issuer”), in reference to the information provided in Current Report No. 5/2022 of 20 January 2022, announces that as a result of a brokerage order placed through Ipopema Securities S.A., 11,313 own shares of the Issuer were purchased on 26 January 2022 for the Company’s account, at an average price of PLN 246.98 per share. The purchased shares constitute 0.15% of the Issuer’s share capital and entitle to 11 313 votes at the Issuer’s General Meeting, which constitute 0.15% of the total number of votes at the Issuer’s General Meeting.

As a result of the transaction the Issuer holds in total 40,973 own shares corresponding to 40,973 votes at the General Meeting of Shareholders of the Company, representing 0.56% of its share capital and votes at the General Meeting of Shareholders of the Company.

The shares were purchased as part of the Company’s own share buy-back program launched under the resolution of the Issuer’s Management Board of 20 January 2022 on commencing the buy-back of the Company’s own shares and detailed conditions and procedures for the first tranche of the buy-back of the Company’s own shares, adopted in execution of Resolution No. 7 of the Ordinary General Meeting of Shareholders of 23 June 2021 regarding authorization of the Management Board to purchase, in the name and on behalf of the Company, the Company’s own shares and determining the principles for purchasing the Company’s own shares and establishing the reserve capital.

The shares acquired as part of the transaction may be (i) redeemed (voluntary redemption), (ii) exchanged for shares in the course of the Company’s acquisitions (iii) disposed of by the Company’s Management Board in any other manner permitted by law, taking into account the needs of the Company’s operations.