FalsettoVibe
Member
https://peoplecanfly.com/wp-content...nr-4-2025-zawarcie-pda-z-sony-delta-final.pdf
Current Report No. 4/2025
Date of preparation: March 13, 2025
Subject: Conclusion of a production agreement with Sony Interactive Entertainment LLC
Legal basis: Article 17 section 1 of the MAR Regulation
Report content:
The Management Board of PCF Group S.A. with its registered office in Warsaw (the "Company") hereby informs that on March 13, 2025, the Company concluded a production agreement (Prototype Development Agreement) (the "Production Agreement") with Sony Interactive Entertainment LLC, with its registered office in San Mateo, California, United States of America (the "Publisher"), regarding cooperation in the production of a prototype of a new video game codenamed Project Delta (the "Product"), based on intellectual property rights belonging to Publisher.
The Production Agreement provides that work on the Product will be carried out in the so-called work-for-hire model, i.e. work performed by the Company as a developer on behalf of and for the Publisher, in return for which the Company will receive an agreed remuneration from the Publisher.
In accordance with the Production Agreement, work on the Product will be divided into stages (milestones). Detailed terms of cooperation between the parties regarding the implementation and payment for subsequent stages (milestones) have been specified in the annex to the Production Agreement (milestone schedule).
The scope and provisions of the Production Agreement do not differ substantially from the provisions of production agreements typically concluded for such projects.
The conclusion of the Production Agreement is in line with the update of the Company's Strategy and the People Can Fly capital group announced by the Company on 31 January 2023, according to which if attractive opportunities for cooperation with renowned partners in the work-for-hire model arise, the Company will take advantage of them.