CD Projekt SA

Managing sustainability at CD PROJEKT [GRI 2-12, 2-13, 2-14, 2-17, 2-18] At CD PROJEKT S.A. supervision of ESG reporting is the responsibility of Piotr Nielubowicz, Member of the Board, CFO. He participates in preparing the Report and reviews the ESG disclosures contained within. Setting and overseeing implementation of specific goals related to ESG is the responsibility of Management Board members tasked with supervising specific areas of the Company's activity. At CD PROJEKT, ESG matters fall within the scope of activity of numerous teams and departments, including HR, payroll, internal communi- cation, diversity and inclusion, administration (incl. environmental issues), IT, operations, legal (incl. matters related to compliance, IP and corporate law), taxation, community, PR and others. The Management Board has delegated to leads of these teams and departments the responsibility for managing ESG issues related to their respective profiles. In 2021 Members of the Management Board of CD PROJEKT and other top managers at the CD PROJEKT Group took part in a materiality assessment which iden- tified key non-financial aspects of the Group's activity. In 2022 this materiality assessment was revised, with involvement of top executives at CD PROJEKT, as a result of which two topics were added to the list of issues regarded as material: maintaining stable long-term re- lations with key suppliers and business partners, and social engagement. In 2022 a separate ESG team was created within the framework of the CD PROJEKT Investor Relations de- partment. This team is responsible for coordinating ESG disclosures at CD PROJEKT and throughout the Group, and for overseeing implementation of the Group's strat- egy insofar as it relates to sustainability. In 2022 the President of the Management Board and the Vice President-CFO took part in workshops devoted to assessing the business value of diversity at CD PROJEKT. The Vice President-CFO furthermore participated in a training course concerning compliance-related disclo- sures and their relation with the environmental taxonomy for sustainable activities. In addition to the above, each member of the Management Board participated in meet- ings concerning key aspects of ESG which fall within their respective areas of responsibility. The resulting materials were used to formulate our ESG ambitions, later enshrined in the CD PROJEKT Group's Strategy document. According to the adopted Compliance Policy, the Chief Compliance Officer, together with the Privacy & Compli- ance team informs the Management Board of actions undertaken in the scope of compliance. Information regarding material risks related to CD PROJEKT activities is conveyed to the Management Board by the Risk Man- agement Committee. As mandated by the Best Practices for WSE Listed Com- panies, the Management Board prepares and submits to the Supervisory Board annual reports on the operation of the internal control system, risk management, com- pliance and internal audit. These reports contain, among others, a description of actions undertaken in the scope of risk mitigation, compliance (including ethics), internal regulations, investigations related to the internal whis- tleblowing system and training activities. The Supervi- sory Board prepares annual reports which express (among others) its assessment of the above systems and submits them to the Ordinary General Meeting for approval. Moreover, the Chief Compliance Officer is able to submit reports directly to the Supervisory Board and the Audit Committee. Additional sustainability training courses for members of the Management Board and Supervisory Board of the Company are scheduled for 2023. No assessment of the Management Board's performance in the scope of managing the impact of environmental, social and governance issues at CD PROJEKT was carried out in 2022.

Managing sustainability at CD PROJEKT

[GRI 2-12, 2-13, 2-14, 2-17, 2-18]

At CD PROJEKT S.A. supervision of ESG reporting is the responsibility of Piotr Nielubowicz, Member of the Board, CFO. He participates in preparing the Report and reviews the ESG disclosures contained within.

Setting and overseeing implementation of specific goals related to ESG is the responsibility of Management Board members tasked with supervising specific areas of the Company's activity. At CD PROJEKT, ESG matters fall within the scope of activity of numerous teams and departments, including HR, payroll, internal communi- cation, diversity and inclusion, administration (incl. environmental issues), IT, operations, legal (incl. matters related to compliance, IP and corporate law), taxation, community, PR and others. The Management Board has delegated to leads of these teams and departments the responsibility for managing ESG issues related to their respective profiles.

In 2021 Members of the Management Board of CD PROJEKT and other top managers at the CD PROJEKT Group took part in a materiality assessment which iden- tified key non-financial aspects of the Group's activity. In 2022 this materiality assessment was revised, with involvement of top executives at CD PROJEKT, as a result of which two topics were added to the list of issues regarded as material: maintaining stable long-term re- lations with key suppliers and business partners, and social engagement.

In 2022 a separate ESG team was created within the framework of the CD PROJEKT Investor Relations de- partment. This team is responsible for coordinating ESG disclosures at CD PROJEKT and throughout the Group, and for overseeing implementation of the Group's strat- egy insofar as it relates to sustainability.

In 2022 the President of the Management Board and the Vice President-CFO took part in workshops devoted to assessing the business value of diversity at CD PROJEKT. The Vice President-CFO furthermore participated in a training course concerning compliance-related disclo- sures and their relation with the environmental taxonomy for sustainable activities. In addition to the above, each member of the Management Board participated in meet- ings concerning key aspects of ESG which fall within their respective areas of responsibility. The resulting materials were used to formulate our ESG ambitions, later enshrined in the CD PROJEKT Group's Strategy document.

According to the adopted Compliance Policy, the Chief Compliance Officer, together with the Privacy & Compli- ance team informs the Management Board of actions undertaken in the scope of compliance. Information regarding material risks related to CD PROJEKT activities is conveyed to the Management Board by the Risk Man- agement Committee.

As mandated by the Best Practices for WSE Listed Com- panies, the Management Board prepares and submits to the Supervisory Board annual reports on the operation of the internal control system, risk management, com- pliance and internal audit. These reports contain, among others, a description of actions undertaken in the scope of risk mitigation, compliance (including ethics), internal regulations, investigations related to the internal whis- tleblowing system and training activities. The Supervi- sory Board prepares annual reports which express (among others) its assessment of the above systems and submits them to the Ordinary General Meeting for approval. Moreover, the Chief Compliance Officer is able to submit reports directly to the Supervisory Board and the Audit Committee.

Additional sustainability training courses for members of the Management Board and Supervisory Board of the Company are scheduled for 2023.

No assessment of the Management Board's performance in the scope of managing the impact of environmental, social and governance issues at CD PROJEKT was carried out in 2022.

In 2023 we improved our process of reporting non-finan- cial data and streamlined management of key non-finan- cial aspects. Our second-ever materiality survey, which involved a broad community of stakeholders, produced a new list of ESG issues regarded as material for the CD PROJEKT Group. We also established an ESG Management Group, comprising top managers whose respective responsibilities include overseeing material ESG issues. [...] Coordination and preparation of the CD PROJEKT Group Sustainability Report for 2023 is the responsibility of the ESG Team, which is part of the Investor Relations Department. [...] At CD PROJEKT S.A. supervision of ESG reporting is the responsibility of the CFO, Member of the Board. The CFO participates in preparing the Report and reviews the ESG disclosures contained within. Setting and overseeing implementation of specific goals related to ESG is the responsibility of Management Board members tasked with supervising specific areas of the Company's activity. At CD PROJEKT, ESG matters fall with- in the scope of activity of numerous teams and depart- ments, including HR, payroll, internal communication, di- versity and inclusion, administration (incl. environmental issues), IT, operations, legal (incl. matters related to com- pliance, IP and corporate law), taxation, community, PR and others. In 2023 the Management Board appoint- ed an ESG Management Group, to whose members it del- egated managing issues which fall within their respective scopes of responsibilities. The Group comprises individ- uals whose responsibilities include ESG matters and who are positioned as Vice Presidents ("VP") or Directors at the Company. The Group's work is organized by members of the ESG Team, who also coordinate the ESG reporting process at CD PROJEKT and its Group, and oversee im- plementation of sustainability strategies.

In 2023 we improved our process of reporting non-finan- cial data and streamlined management of key non-finan- cial aspects. Our second-ever materiality survey, which involved a broad community of stakeholders, produced a new list of ESG issues regarded as material for the CD PROJEKT Group. We also established an ESG Management Group, comprising top managers whose respective responsibilities include overseeing material ESG issues. [...] Coordination and preparation of the CD PROJEKT Group Sustainability Report for 2023 is the responsibility of the ESG Team, which is part of the Investor Relations Department. [...] At CD PROJEKT S.A. supervision of ESG reporting is the responsibility of the CFO, Member of the Board. The CFO participates in preparing the Report and reviews the ESG disclosures contained within. Setting and overseeing implementation of specific goals related to ESG is the responsibility of Management Board members tasked with supervising specific areas of the Company's activity. At CD PROJEKT, ESG matters fall within the scope of activity of numerous teams and depart- ments, including HR, payroll, internal communication, di- versity and inclusion, administration (incl. environmental issues), IT, operations, legal (incl. matters related to com- pliance, IP and corporate law), taxation, community, PR and others. In 2023 the Management Board appoint- ed an ESG Management Group, to whose members it del- egated managing issues which fall within their respective scopes of responsibilities. The Group comprises individ- uals whose responsibilities include ESG matters and who are positioned as Vice Presidents ("VP") or Directors at the Company. The Group's work is organized by members of the ESG Team, who also coordinate the ESG reporting process at CD PROJEKT and its Group, and oversee im- plementation of sustainability strategies.

Having regard for the ever greater significance of duly reporting our approach to sustainability in the CD PROJEKT Group, Piotr Nielubowicz, the CFO in CD PROJEKT S.A. has taken responsibility for overseeing this area. There is an ESG working group in CD PROJEKT consisting of representatives of selected departments, e.g. the IR, Legal, HR, Internal Communication, PR and Administrative Departments. This group has been tasked with checking the scope of reporting on environmental, social and governance issues, monitoring the execution of the stated goals and cooperating to devise the ESG strategy. [...] CD PROJEKT does not support political parties and movements. At the same time, we actively participate in a number of trade initiatives. We are particularly engaged in the activities of the Polish Games Association whose purpose is to support the development and enhancement of the competitiveness of the domestic video game sector on the international arena. We are also a member of the Polish Association of Listed Companies, an organization that cares about the development of the Polish capital market.