Conclusion of a production agreement with Sony Interactive EntertainmentLLCThe Management Board of PCF Group S.A. with its registered office inWarsaw (the "Company") hereby informs that on 13 March 2025 the Companyand Sony Interactive Entertainment LLC with its registered office in SanMateo, California, USA (the "Publisher") concluded a productionagreement (Prototype Development Agreement) (the "ProductionAgreement"), regarding cooperation of the parties in the production of aprototype for a new video game codenamed Project Delta (the "Product"),based on the intellectual property rights owned by the Publisher.

The Production Agreement provides that works on the Product will beperformed in the work-for-hire model, i.e. by the Company as a developeras commissioned by and for the Publisher in return for which thedeveloper will receive the agreed remuneration from the Publisher.

In accordance with the Production Agreement, work on the Product will bedivided into milestones. The detailed terms of cooperation between theparties regarding achieving and payment for subsequent milestones areset forth in a milestone schedule to the Production Agreement.

The scope and terms of the Production Agreement do not differsubstantially from the terms of production agreements typicallyconcluded for this type of project.

The conclusion of the Production Agreement is in line with the update ofthe Strategy of the Company and the People Can Fly capital groupannounced by the Company on 31 January 2023, according to which if thereare commercially attractive opportunities for cooperation with reputablepartners in the work-for-hire model, then the Company will take fulladvantage of them.