On November 23, 2021, the Management Board of Quantum software S.A., pursuant to the authorization contained in paragraph X.a of the Company’s Articles of Association, adopted a resolution in the form of a notarial deed on increasing the Company’s share capital within the authorized capital (Resolution).
Pursuant to the Resolution, the Company’s share capital was increased by PLN 25.000,00 through the issue of 50.000 new series E shares with a nominal value of PLN 0,50 each. Series E shares are ordinary bearer shares. The Management Board of the Company, with the consent of the Supervisory Board, set the issue price of series E shares in the amount of PLN 5,00 per share.
Series E shares were paid for solely in exchange for cash contributions. The increase of the share capital of the Company through the issue of series E shares took place through a private subscription, in connection with the implementation of the Incentive Program for key employees and associates of the Company, adopted by the resolution of the Extraordinary General Meeting of the Company of December 16, 2019.
The Management Board took all the necessary factual and legal actions that led to the introduction of series E shares to trading on the regulated market of the WSE on May 23, 2022.