Digital Bros S p A : Explanatory memorandum of the OGM agenda i)
October 02, 2023 at 12:27 pm EDT
Share
Ordinary General Shareholders' Meeting
October 27th, 2023 (single call) at 9.00 a.m.
Directors' explanatory report on the first item on the agenda of the Ordinary General Shareholders' Meeting: "Financial Statements at June 30th, 2023 and proposal for the allocation of earnings for the fiscal year"
Please consider this is an Italian to English translation and that the Italian version shall always prevail in case of any discrepancy or inconsistency
Item no. 1 on the agenda
"Financial Statements at June 30th, 2023 and proposal on the allocation of earnings for the fiscal
year:
approval of the Financial Statements at June 30th, 2023 and the Directors' Report; approval of the Board of Statutory Auditors Report and the Audit Report; presentation of the Consolidated Financial Statements at June 30th, 2023;
allocation of Digital Bros S.p.A. profit for the year"
Dear Shareholders,
Please refer to the Directors' Report accompanying the Financial Statements as of June 30th, 2023 available to the shareholders and published in accordance with the Law.
If you agree with the proposal submitted by the Board of Directors, we recommend the following resolution:
Proposed resolution
"The Shareholders' General Meeting, considered the reports by the Board of Statutory Auditors and the Audit Firm on the Financial Statements at June 30th, 2023 as well as the Consolidated Financial Statements at June 30th, 2023 and the accompanying reports, hereby resolve to approve:
the Directors' Report;
the Financial Statements at June 30th, 2023 in its part and in its entirety, which reports a net profit for the year of Euro 4,933,371.54;
to allocate Euro 294 to the Legal Reserve and to allocate the remaining difference of Euro 4,933,077.54 to Retained Earnings.
Milan, September 27th, 2023
DIGITAL BROS S.P.A.
CHAIRMAN OF THE BOARD OF DIRECTORS
signed ABRAMO GALANTE
Please consider this is an Italian to English translation and that the Italian version shall always prevail in case of any discrepancy or inconsistency
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Digital Bros S.p.A. published this content on 02 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2023 16:26:07 UTC.
Digital Bros SpA is an Italy-based company engaged in the publishing, distribution and marketing of video games. It divides its business into five sectors. The Distribution in Italy sector includes distribution of video games purchased from international publishers, through a key account direct sales network and a sales network consisting of agents, as well as sale of playing cards Yu-Gi-Oh! in Italy. The International Publishing consists of acquisition of video games rights from developers and their distribution through a network of international sales. The Digital focuses on the distribution of digital products through online stores and skill games through the Website www.king.com. The Newsstand includes the distribution of video games in combination with publishing and the newsstand distribution of publications related to entertainment. The Holding sector comprises activities of coordination of the Companyâs operations. In February 2014, it set up Mobile Gaming division.
DIGITAL BROS S.P.A. 
