Current report no. 14/2024 .

23 April 2024

The Management Board of Ten Square Games S.A., headquartered in Wrocław, Poland (hereinafter the “Company”) informs that on April 23, 2024, it adopted a resolution to submit a proposal to the Company’s General Meeting of Shareholders on the distribution of the standalone net profit earned in 2023 in the amount of PLN 16,662,194 (sixteen million six hundred sixty-two thousand one hundred ninety-four zlotys) in such a way that it proposed to transfer the indicated amount to the Company’s supplementary capital.

In the justification for the application, the Management Board indicated that in February 2024 the Company purchased its own shares. The buyback of shares was carried out as part of an invitation to submit offers for the sale of the Company’s shares, based on the authorization granted to the Company’s Management Board by Resolution no. 3 of the Extraordinary General Meeting of Shareholders of the Company of December 19, 2023. The shares were purchased for PLN 120/share. As a result of the settlement of the purchase of own shares, the Company acquired a total of 954,166 own shares, of which at least 90% of the shares will be canceled (voluntary redemption). The share purchase price was paid to shareholders in full from the amounts that, in accordance with Art. 348 § 1 of the Commercial Companies Code could be intended for distribution among the Company’s shareholders, thus constituting an alternative to the payment of dividend for 2023.

The proposal on the method of profit distribution will be reviewed by the Company’s Supervisory Board. The final decision on the distribution of profit for the fiscal year ended December 31, 2023 will be made by the Company’s General Meeting of Shareholders.