Subject: Receipt of resignations of Members of the Supervisory Board of CD PROJEKT S.A.
Legal basis: Art. 17 section 1 of MAR – inside information
The Management Board of CD PROJEKT S.A. with its registered office in Warsaw (“the Company”) hereby announces that on 17 October 2024 a meeting of the Supervisory Board of the Company took place, during the course of which:
(i) Mr. Adam Kiciński notified members of the Supervisory Board of his resignation from membership of the Management Board, effective at the end of 2024, along with his intent to stand as a candidate to the Supervisory Board of the Company,
(ii) in light of the foregoing, Mr. Marcin Iwiński, Chair of the Supervisory Board and eligible shareholder of the Company, announced his intent to submit a request to convene an Extraordinary General Meeting of the Company, i.a. in order to consider Mr. Adam Kiciński’s candidature for membership of the Supervisory Board of the Company, effective as of 1 January 2025,
(iii) Members of the Supervisory Board discussed the target composition of the Supervisory Board, and in the course of this discussion, arrived at the conclusion that, given the foregoing, and also considering the applicable legislation governing composition of supervisory boards and planned changes therein, along with their intent to enable shareholders to appoint additional independent members of the Supervisory Board, it would be beneficial for the Company to facilitate appointment of a new Supervisory Board,
(iv) as a result of the above, the following members of the Supervisory Board submitted their resignations – all of which become effective at the end of day on 31 December 2024:
- Katarzyna Szwarc submitted her resignation from the functions of Vice-Chair and Member of the Supervisory Board of the Company,
- Michał Bień submitted his resignation from the functions of Member of the Supervisory Board of the Company and Chair and Member of the Audit Committee of the Company,
- Maciej Nielubowicz submitted his resignation from the functions of Secretary and Member of the Supervisory Board of the Company and Member of the Audit Committee of the Company,
- Jan Łukasz Wejchert submitted his resignation from the functions of Member of the Supervisory Board of the Company and Member of the Audit Committee of the Company.
Disclaimer: 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.