Asseco Poland

Asseco Poland Reports Strong Financial Growth in Q1 2026

Asseco Poland S.A. has announced its preliminary consolidated financial results for the first quarter of 2026, showcasing significant growth across key financial metrics compared to the same period in 2025. The company reported revenues of PLN 4,399 million, marking an increase from PLN 4,044 million in Q1 2025. EBITDA rose to PLN 695 million, up from PLN 570 million, while operating profit reached PLN 513 million, compared to PLN 386 million in the previous year. Net profit attributable to shareholders of the parent company surged to PLN 228 million, a substantial rise from PLN 136 million in Q1 2025.

The company emphasized that these figures are preliminary estimates and may be subject to adjustments. The final financial results will be disclosed in the extended consolidated quarterly report, scheduled for publication on May 27, 2026.

Relevance: The strong financial performance highlights Asseco Poland's continued success in its core business areas, including IT solutions for banking, public administration, and other key sectors, reinforcing its position as a leading IT provider in Central and Eastern Europe.

Key Shareholders of Asseco Poland S.A. Announced Following Annual General Meeting

Asseco Poland S.A. has disclosed the list of shareholders holding at least 5% of voting rights during the Annual General Meeting (AGM) held on May 7, 2026, in Warsaw. The largest voting block was held by TSS Europe B.V., which accounted for 19,207,886 votes, representing 29.14% of votes at the AGM and 23.14% of total voting rights. This was followed by the Adam Góral Family Foundation with 9,098,000 votes (13.80% of AGM votes, 10.96% of total votes), Allianz OFE with 7,767,822 votes (11.78% of AGM votes, 9.36% of total votes), Nationale-Nederlanden OFE with 7,568,709 votes (11.48% of AGM votes, 9.12% of total votes), and OFE PZU Złota Jesień with 3,536,765 votes (5.37% of AGM votes, 4.26% of total votes).

This shareholder structure highlights the significant influence of TSS Europe B.V., part of the Constellation Software ecosystem, as a strategic minority investor, alongside the continued strong presence of founder Adam Góral through his family foundation.

Relevance: The disclosure of shareholder voting rights is critical to understanding the governance and strategic direction of Asseco Poland S.A., particularly given the influence of key stakeholders such as TSS Europe B.V. and Adam Góral's foundation.

Asseco Poland S.A. Approves Dividend Distribution and Appoints New Supervisory Board Members

On May 7, 2026, Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, held its Annual General Meeting (AGM) in Warsaw. The meeting resulted in several key resolutions, including the approval of the company’s financial statements for 2025, the distribution of net profit as dividends, and the appointment of new members to the Supervisory Board for the 2027-2031 term.

Key Resolutions Adopted

• Dividend Distribution: The AGM approved the allocation of the entire net profit for 2025, amounting to PLN 432.69 million, along with an additional PLN 617.97 million from reserve capital, for a total dividend payout of PLN 1.05 billion. This translates to PLN 13.05 per share. The dividend record date is set for May 14, 2026, with payment scheduled for May 22, 2026.
• Approval of Financial Statements: The AGM approved the financial statements of Asseco Poland S.A. and the consolidated financial statements of the Asseco Group for the year ending December 31, 2025.
• Supervisory Board Appointments: Several members were reappointed or newly appointed to the Supervisory Board for the 2027-2031 term. Notable appointments include Mr. Adam Góral, the company’s founder and largest shareholder, and Mr. Robin van Poelje, representing the interests of strategic minority investor Constellation Software/Topicus.com.
• Remuneration Report: The AGM issued a positive opinion on the 2025 remuneration report for the Management Board and Supervisory Board members.

Relevance to Asseco Poland S.A.

This article is highly relevant as it highlights critical decisions made during the AGM, including financial performance, dividend distribution, and governance changes, which directly impact the company’s operations and shareholder value.

Asseco Poland Appoints New Supervisory Board for 2027-2031 Term

On May 7, 2026, Asseco Poland S.A. announced the appointment of its new Supervisory Board for the upcoming five-year term spanning 2027-2031. The decision was made during the company’s Ordinary General Meeting held in Warsaw. The newly appointed members include:

• Dariusz Brzeski: An experienced IT and finance professional, former co-founder and CEO of ABG, which merged with Asseco Poland in 2009. Currently a member of the Supervisory Board of Asseco Western Europe.
• Dagmara Cieśla: A finance and investment expert with extensive experience in auditing, risk management, and M&A, holding an ACCA license. She has been a member of Asseco Poland’s Supervisory Board since 2025.
• Beata Czarnacka-Chrobot: A professor specializing in business informatics and IT project cost estimation, with a focus on big data and AI applications. She has contributed to numerous public and private sector IT projects.
• Jacek Duch: A veteran in software engineering and IT management, with leadership roles in Oracle Polska and Prokom Software. He has been part of Asseco Poland’s Supervisory Board since 2007.
• Artur Gabor: A seasoned corporate governance and M&A expert with a background in financial consulting and investment banking.
• Adam Góral: Founder of Asseco Poland and a key figure in the company’s international expansion. He continues to play a pivotal role in the company’s strategic direction.
• Robin van Poelje: CEO of Topicus.com and a leader in vertical market software development, bringing expertise in scaling software businesses.
• Christopher Siemiaszko: A data and M&A strategist from Constellation Software, with a focus on vertical market software acquisitions.
• Ramon Zanders: CEO of TSS Europe, specializing in vertical market software and operational growth in the European IT sector.

The appointments will take effect on January 1, 2027, ensuring continuity and strategic oversight for Asseco Poland’s operations and growth initiatives.

Relevance: This development is highly relevant to Asseco Poland’s business profile as the Supervisory Board plays a critical role in guiding the company’s strategic direction, particularly in its core sectors such as public administration, banking, and IT solutions. The inclusion of experienced professionals with expertise in IT, finance, and corporate governance strengthens the company’s leadership framework.

Asseco Poland S.A. Declares Record Dividend Payout for 2025

On May 7, 2026, the General Meeting of Shareholders of Asseco Poland S.A. approved a resolution to allocate the company’s net profit from 2025, amounting to PLN 432.69 million, entirely for dividend distribution. Additionally, the company will distribute PLN 617.97 million from its reserve capital, derived from previous years' profits. This brings the total dividend payout to an unprecedented PLN 1.05 billion, equating to PLN 13.05 per share.

The dividend record date has been set for May 14, 2026, with the payment scheduled for May 22, 2026. This decision underscores Asseco Poland’s strong financial performance and commitment to delivering value to its shareholders.

Relevance: This announcement highlights Asseco Poland’s robust financial health and its ability to generate significant profits, which is critical for maintaining investor confidence and supporting its strategic initiatives in key sectors such as banking, public administration, and telecommunications.

Asseco Poland: Strategic priorities, governance and tech direction from founder Adam Góral

In a wide-ranging interview, Asseco Poland founder and long-time CEO Adam Góral reiterated the group’s strategic DNA — sector focus, organic growth combined with targeted acquisitions, strong employee-centric culture, and cautious, pragmatic adoption of new technologies such as artificial intelligence. The comments clarify governance arrangements after the recent strategic minority investment, outline management succession, and highlight operational priorities that matter for Asseco’s position across banking, public administration and other verticals.

Key takeaways relevant to Asseco Poland S.A.

• Scale and financial track record: Góral reiterated Asseco’s scale (c. PLN 15 billion revenue mentioned in the interview) and a long track record of profitability (he noted the group has not reported an annual loss historically) and substantial dividend distributions (the interview referenced ~PLN 3.8 billion paid in dividends).
• Sector-focused consolidation model: Asseco’s growth strategy emphasises building deep, sectoral positions (starting from banking and expanding into insurance, telecoms, healthcare, energy and public administration) by acquiring and integrating specialist software firms to create standardized, repeatable solutions rather than simply running a portfolio of independent companies.
• Public sector and strategic client focus: Góral stressed Asseco’s role in serving strategic public institutions and government IT (e‑government, social insurance, defense and other large clients), noting that these relationships are central to long-term value and require high levels of domain expertise and responsibility.
• Governance and ownership after strategic investment: He described the partnership with Western investors (referencing long-standing contacts with the Constellation founder and recent foreign investment via a Dutch vehicle). While external investors hold a meaningful stake (referenced as ~23%), Asseco preserved Polish operational leadership and veto-style protections on strategic disposals; Góral retains significant voting influence (he referenced voting power in the ~30% range) and emphasizes that operational control remains in Polish hands.
• Management succession and leadership continuity: An operational handover is planned to Rafał Kozłowski (Góral indicated Kozłowski will assume operational leadership), with Góral remaining engaged at the supervisory level and focused on long-term continuity and culture.
• Employee incentives and retention: Personnel are characterized as “sacred” (personnel represent c.75–80% of costs). Góral described a controversial management incentive proposal (initially a ~3% package), his personal decision to forego his own allocation amid market reaction, and a push to secure c.1.5% of shares for a selected group of ~95 key employees — reflecting the group’s emphasis on high remuneration, retention and aligning staff with company performance.
• Acquisition discipline and integration: Góral contrasted Asseco’s acquisition approach (integrating targets to strengthen sector positions and create standardized products) with buy-and-hold models. He also noted that adopting investors’ processes (from the partner side) has helped professionalize Asseco’s M&A playbook and post‑deal integration.
• Productization and standardization as scale levers: He reiterated early lessons: standardizing software products (especially in banking) is essential to scale, reduce delivery costs and commercialize IP — a structural advantage versus bespoke-only approaches.
• Pragmatic AI adoption: Asseco is developing and gradually deploying AI-based applications across the production chain (analytics, testing, programming). Góral expects AI to increase team productivity and accelerate delivery but warned against over‑fetishizing it — stressing quality, safety and client accountability (AI will assist but not trivially replace domain experts on complex, critical systems).
• Customer-first and accountable delivery culture: Góral emphasized that client satisfaction and responsibility for systems in operation are fundamental — especially given Asseco’s work on critical public and financial systems where uptime, reliability and regulatory compliance matter.

Operational implications

• Retention-focused compensation and selective employee equity for key contributors are likely to remain a priority in talent markets where Asseco competes against global integrators.
• Maintaining operational autonomy while cooperating with strategic foreign investors creates governance stability but also imposes stronger processes (M&A discipline, standardized reporting, performance benchmarking) — enabling faster, more repeatable integrations across the group.
• AI investments will be targeted and controlled: Asseco will use AI to speed analytics, testing and development for repeatable solutions, while keeping human accountability for mission‑critical implementations in banking and government systems.

Bottom line

Adam Góral’s remarks reinforce Asseco Poland’s long-term strategy: defend and deepen sector positions (banking, public administration, insurance, telecoms, healthcare, energy) via product standardization, disciplined acquisitions and a people-first culture, while adopting technologies like AI pragmatically and preserving operational control despite outside minority investment.

Video source: Od strachu przed biedą do imperium wartego 15 MILIARDÓW - Adam Góral w Biznes Klasie (Biznes Klasa, 2026-04-26)

Why this matters to Asseco Poland: These statements clarify Asseco’s governance and incentive decisions after the strategic minority investment, confirm continued sector-focused integration and productization, and signal how the company intends to deploy AI and talent incentives—each of which directly affects Asseco’s operational strategy and competitive positioning in banking, public administration and other core verticals.

Asseco Poland S.A. Prepares for Annual General Meeting with Key Resolutions on Supervisory Board Appointments and Dividend Distribution

Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, has announced the agenda for its Annual General Meeting (AGM) scheduled for May 7, 2026. The meeting will address several critical resolutions, including the approval of financial statements, the distribution of dividends, and the appointment of Supervisory Board members for the 2027–2031 term.

Key Resolutions

• Dividend Distribution: The AGM will decide on the allocation of the company’s 2025 net profit of PLN 432.7 million, along with an additional PLN 617.97 million from reserve capital, for a total dividend payout of PLN 1.05 billion. This translates to PLN 13.05 per share, with the dividend record date set for May 14, 2026, and payment on May 22, 2026.
• Supervisory Board Appointments: The AGM will vote on the reappointment of several Supervisory Board members, including Mr. Jacek Duch, Ms. Beata Czarnacka-Chrobot, and Mr. Robin van Poelje, for a new five-year term covering 2027–2031. These appointments aim to ensure continuity and effective oversight of the company’s operations.
• Approval of Financial Statements: The meeting will review and approve the financial statements for Asseco Poland S.A. and its consolidated group for the fiscal year ending December 31, 2025.
• Remuneration Report: A resolution will be passed to give a positive opinion on the 2025 remuneration report for the Management Board and Supervisory Board members.

Relevance to Asseco Poland S.A.

This AGM is highly relevant to Asseco Poland S.A.’s business profile as it addresses critical governance and financial decisions, including dividend distribution and the appointment of Supervisory Board members, which are essential for maintaining investor confidence and ensuring effective oversight of the company’s operations.

Asseco Poland Prepares for Supervisory Board Elections with New and Returning Candidates

Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, has announced the candidates for its Supervisory Board ahead of the Ordinary General Meeting scheduled for May 7, 2026. The nominations were submitted by two major shareholders: TSS Europe B.V., a subsidiary of Topicus.com, and the Adam Góral Family Foundation.

TSS Europe B.V., a key strategic minority investor in Asseco Poland, has proposed the re-election of three current Supervisory Board members: Robin van Poelje, CEO of Topicus.com; Ramon Zanders, CEO of TSS Europe B.V.; and Christopher Siemiaszko, Chief Data and Analytics Officer at Constellation Software Inc. These candidates bring extensive expertise in software business management, data-driven decision-making, and strategic investment, which are expected to contribute to Asseco Poland's continued growth and operational efficiency.

The Adam Góral Family Foundation, the largest shareholder of Asseco Poland, has nominated five candidates, including four current Supervisory Board members—Dariusz Brzeski, Dagmara Cieśla, Jacek Duch, and Artur Gabor—alongside Adam Góral, the founder and President of Asseco Poland. The Foundation emphasized the candidates' deep industry knowledge, strategic experience, and proven track record in overseeing the company's operations. Notably, Adam Góral's leadership has been credited with driving Asseco's international expansion and market growth.

The company has updated its voting forms to reflect the proposed resolutions for the Supervisory Board elections. The re-election of these candidates is expected to ensure continuity, stability, and professional oversight for Asseco Poland's strategic initiatives.

Relevance to Asseco Poland S.A.: The Supervisory Board elections are critical to Asseco Poland's governance and strategic direction, directly impacting its ability to maintain its leadership in delivering IT solutions across key sectors such as banking, insurance, telecommunications, healthcare, energy, and public administration.

Asseco Poland Recommends Record Dividend Payout for 2025

On March 31, 2026, the Management Board of Asseco Poland S.A. announced its recommendation to allocate a total of PLN 1,050,659,336.70 for dividend distribution. This amount includes the net profit generated in the 2025 financial year and a portion of retained earnings from previous years. The proposed dividend translates to PLN 13.05 per share eligible for dividend payout. The Supervisory Board has expressed its approval of the recommendation, with the final decision to be made by the Ordinary General Meeting of Shareholders, which will also determine the dividend record date and payment date.

The recommendation reflects Asseco Poland's strong financial performance and commitment to shareholder value. The proposed dividend is one of the highest in the company's history, underscoring its robust profitability and stable cash flow.

Relevance: This development is highly relevant to Asseco Poland's business profile as it highlights the company's financial strength, which is critical for maintaining investor confidence and supporting its ongoing operations in key sectors such as public administration, banking, and telecommunications.

Asseco Poland Estimates PLN 499 Million Net Profit from Sapiens Share Sale

Asseco Poland S.A. has announced a preliminary estimate of the financial impact from the sale of its shares in Sapiens, projecting a net profit of approximately PLN 499 million attributable to shareholders of the parent company. The transaction's results, along with Sapiens Group's operational performance, will be reported under discontinued operations in Asseco's consolidated financial statement for the 12-month period ending December 31, 2025. The final figures will be disclosed in the extended consolidated annual report scheduled for publication on March 31, 2026. The company noted that the estimated impact may still be subject to adjustments.

Relevance: This development is significant to Asseco Poland's business profile as it directly impacts the company's financial performance and reflects its strategic decisions regarding asset management within the Asseco Group's operations.

Key Shareholders Identified at Asseco Poland's Extraordinary General Meeting

On March 18, 2026, Asseco Poland S.A. held its Extraordinary General Meeting (EGM) in Warsaw, during which the company disclosed the list of shareholders holding at least 5% of voting rights. The largest shareholder present was TSS Europe B.V., representing 28.32% of votes at the EGM and 23.14% of total voting rights. Other significant shareholders included the Adam Góral Family Foundation (13.42% of votes at the EGM), Allianz OFE (11.45%), Nationale-Nederlanden OFE (11.16%), and OFE PZU Złota Jesień (5.21%).

This shareholder structure highlights the strategic influence of TSS Europe B.V., part of the Constellation Software ecosystem, and the continued involvement of founder Adam Góral through his family foundation.

Relevance: The disclosure of shareholder voting rights is critical to understanding the governance and strategic direction of Asseco Poland, particularly given the influence of key stakeholders like TSS Europe B.V. and Adam Góral's foundation on the company's decision-making processes.

Asseco Poland S.A. Prepares for Extraordinary General Meeting with Key Resolutions on Share Buybacks, Incentive Programs, and Dividend Policy

Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, has announced the agenda for its upcoming Extraordinary General Meeting (EGM) scheduled for March 18, 2026. The meeting will address several critical resolutions aimed at enhancing the company’s financial flexibility, shareholder value, and long-term strategic goals.

The key resolutions include:

• Share Buyback and Capital Reduction: The EGM will discuss the voluntary redemption of 2,490,009 treasury shares, representing 3% of the company’s share capital. This move will reduce the share capital to PLN 80,510,294. Additionally, a proposal to retain 1,400,000 treasury shares for incentive programs was presented to align management and shareholder interests.
• Incentive Programs: Two incentive programs will be introduced: a long-term program for 2026-2030 and a one-year program for 2027. These programs aim to motivate key management and align their interests with shareholders by granting Restricted Stock Units (RSUs) and shares, subject to performance and loyalty criteria.
• Dividend Policy Adjustment: The EGM will amend the use of the Reserve Capital, allowing it to fund dividend advances, dividend payments, and share buybacks. The Reserve Capital will be increased to PLN 1,158,984,854.20, providing greater flexibility in managing financial surpluses.
• Amendments to Remuneration Policy: The company plans to update its remuneration policy to include financial instruments linked to company shares as part of management compensation, further aligning their interests with long-term shareholder value creation.

These resolutions reflect Asseco Poland’s commitment to enhancing shareholder value, retaining key talent, and ensuring financial stability. The company’s strategic focus on aligning management incentives with shareholder interests is expected to drive sustainable growth and operational efficiency.

Relevance: The resolutions directly impact Asseco Poland’s core business operations, financial strategy, and governance, aligning with its focus on long-term value creation for shareholders and its role as a leading IT solutions provider in Central and Eastern Europe.

Adam Góral Family Foundation Acquires Significant Stake in Asseco Poland S.A.

On February 24, 2026, Asseco Poland S.A. announced that it received a notification regarding the acquisition of company shares by the Adam Góral Family Foundation, an entity closely associated with Adam Góral, the President of the Management Board. The transactions, conducted on February 20 and February 23, 2026, involved the purchase of 82,497 shares at an average price of approximately PLN 181.66 per share, amounting to a total value of over PLN 14.9 million. The transactions were executed on the Warsaw Stock Exchange (GPW).

The acquisition reinforces the strategic involvement of Adam Góral and his associated entities in the company, further solidifying his position as a key stakeholder in Asseco Poland S.A.

Relevance: This development is significant as it highlights the continued commitment of Adam Góral, the founder and largest shareholder, to the company’s growth and stability, which is critical for Asseco Poland’s long-term strategic direction and market confidence.

Asseco Poland Shareholders Propose Adjustments to Share Redemption and Capital Reduction Plans

Asseco Poland S.A. has announced the receipt of a joint proposal from its key shareholders, the Adam Góral Family Foundation (AGFR) and TSS Europe B.V., regarding amendments to the agenda of the Extraordinary General Meeting (EGM) scheduled for March 18, 2026. The proposal focuses on reducing the scope of the company’s planned share redemption and capital reduction initiatives.

The shareholders have suggested limiting the redemption of treasury shares to approximately 1.3% of the company’s share capital, down from the originally planned 3%. This adjustment would result in the redemption of 1,090,009 shares, reducing the share capital by PLN 1,090,009 to a new total of PLN 81,910,294. The shareholders argue that this approach balances immediate per-share value enhancement with long-term value creation by retaining a sufficient pool of treasury shares for employee incentive programs and other strategic purposes. The proposal also includes amendments to the company’s Articles of Association to reflect the reduced share capital.

The company’s management board has expressed full support for the proposed resolutions, emphasizing their alignment with Asseco’s long-term value creation strategy and the interests of both shareholders and management.

Relevance to Asseco Poland S.A.

This development is highly relevant to Asseco Poland S.A. as it directly impacts the company’s financial structure, shareholder value, and long-term strategic alignment, particularly in retaining shares for employee incentive programs and maintaining shareholder-management interests. The involvement of key shareholders, including the company’s founder, underscores the importance of this initiative.

Asseco Poland Proposes New Incentive Programs for Key Management and Board Members

Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, has announced plans to introduce new incentive programs aimed at motivating its management board members and key personnel across the Asseco Group. The proposal, submitted by the Adam Góral Family Foundation, will be discussed during the Extraordinary General Meeting (EGM) scheduled for February 24, 2026.

The proposed programs include:

• 2026-2030 Incentive Program: Targeted at members of the management board and key management staff, this program will utilize Restricted Stock Units (RSUs) to align participants' interests with the company's long-term goals. Participants will be eligible to acquire shares of Asseco Poland based on loyalty and economic performance criteria.
• 2027 Incentive Program: Designed for board members and key managers, this program will grant company shares to participants, encouraging their commitment to improving operational efficiency, profitability, and shareholder value. The shares will be subject to transfer restrictions to ensure long-term engagement.

Notably, Adam Góral, the founder and president of Asseco Poland, has opted out of participating in these programs, emphasizing the focus on other key personnel. The programs aim to retain top talent, foster loyalty, and drive the company’s strategic objectives, including financial growth and operational stability.

The incentive programs will be funded through Asseco Poland's treasury shares, previously authorized for such purposes by the company’s shareholders. The programs are expected to strengthen Asseco Poland’s competitive position and enhance its corporate governance practices.

Relevance: The introduction of these incentive programs directly aligns with Asseco Poland’s strategic focus on retaining top talent and driving long-term value creation in key sectors such as public administration, banking, and telecommunications.

Asseco Poland S.A. Announces Registration of Amendments to Articles of Association

Asseco Poland S.A. has announced that on January 26, 2026, the District Court in Rzeszów officially registered amendments to the company's Articles of Association. These changes were adopted during the Extraordinary General Meeting held on November 4, 2025, and subsequently approved by the Supervisory Board on November 18, 2025. The updated Articles of Association reflect modifications to the company’s governance, operational scope, and share structure, ensuring alignment with its strategic goals and regulatory requirements. The consolidated text of the Articles of Association has been made publicly available.

The amendments include provisions related to the company’s share capital, governance structure, and operational framework, emphasizing Asseco Poland’s commitment to maintaining transparency and adaptability in its business operations. The company’s share capital remains at PLN 83,000,303, divided into 83,000,303 shares, with each share granting one vote at the General Meeting. Additionally, the Articles outline the roles and responsibilities of the General Meeting, Supervisory Board, and Management Board, as well as the procedures for share cancellation, capital adjustments, and dividend distribution.

These updates are part of Asseco Poland’s ongoing efforts to enhance corporate governance and operational efficiency, ensuring compliance with Polish commercial law and supporting its long-term growth strategy.

Relevance: This development is directly relevant to Asseco Poland S.A.'s business profile as it reflects the company’s focus on maintaining robust corporate governance and operational adaptability, which are critical for its role as a leading IT solutions provider in Central and Eastern Europe.

Asseco Poland Announces Schedule for 2026 Financial Reports

Asseco Poland S.A. has released its reporting schedule for the fiscal year 2026. The company will publish its annual reports for 2025, including both standalone and consolidated versions, on March 31, 2026. The consolidated semi-annual report for the first half of 2026 is scheduled for August 27, 2026. Additionally, consolidated quarterly reports will be issued on May 27, 2026 (Q1) and November 26, 2026 (Q3).

In accordance with the regulations set forth by the Polish Ministry of Finance, Asseco Poland will not publish separate standalone quarterly or semi-annual reports. Instead, consolidated reports will include abbreviated standalone financial statements. Furthermore, the company will not release consolidated quarterly reports for Q4 2025 and Q2 2026, as permitted under applicable regulations.

Relevance: This announcement is significant as it reflects Asseco Poland's compliance with financial reporting standards and transparency, which are critical for maintaining investor confidence and supporting its operations across key sectors such as public administration, banking, and telecommunications.

Asseco Poland Announces Plans for Further Acquisitions in Q4, Focuses on Strategic Growth Areas

Asseco Poland S.A., one of the largest IT companies in Central and Eastern Europe, has announced plans for additional acquisitions in the fourth quarter of the year. During a press conference, company representatives highlighted key growth areas, including cloud computing, cybersecurity, artificial intelligence, and defense. These sectors are seen as critical to the company’s long-term strategy and align with its focus on delivering advanced IT solutions to enterprises and public institutions.

The company’s leadership emphasized that these acquisitions aim to strengthen its position in high-demand markets and expand its portfolio of proprietary IT solutions. Asseco Poland continues to leverage its expertise in custom software development, IT systems integration, and enterprise-class solutions to address the evolving needs of its clients in sectors such as banking, telecommunications, healthcare, and public administration.

Relevance: This announcement is directly relevant to Asseco Poland’s business profile as it underscores the company’s strategic focus on expanding its capabilities in key sectors, including defense and public administration, which are central to its operations and revenue generation.

Asseco Poland Reports Strong Financial Growth and Announces Further Acquisitions in Q4 2025

Asseco Poland S.A., a leading IT solutions provider in Central and Eastern Europe, has announced plans for additional acquisitions in the fourth quarter of 2025. During a press conference, Vice President Marek Panek revealed that nine companies were acquired in the first three quarters of the year, including entities in Poland, Slovakia, the Czech Republic, Israel, Spain, and Egypt. The company intends to continue its acquisition strategy, with further announcements expected soon.

Asseco Poland is strengthening its position in core sectors such as finance, public administration, and ERP systems, while also exploring opportunities in emerging areas like cloud computing, cybersecurity, artificial intelligence, and defense. Despite challenges in the defense sector, the company sees potential in areas such as battlefield management and information systems.

Financially, Asseco Poland reported a consolidated EBITDA margin of 14.5% for the first nine months of 2025, up 0.3 percentage points year-over-year. Operating profit margin increased to 9.9%, while net profit margin stood at 8.2%. The company’s consolidated order backlog for 2025 reached PLN 12.3 billion, a 12% year-over-year increase, with growth observed across all business segments.

In Q3 2025, Asseco Poland achieved a net profit of PLN 171.1 million, exceeding market expectations of PLN 161 million. Revenue for the quarter rose by 16.3% year-over-year to PLN 4.27 billion, driven by a 15.4% increase in sales of proprietary software and IT services. For the first three quarters of 2025, the company reported total revenue of PLN 12.3 billion, with proprietary products and services contributing over PLN 9.3 billion. Operating profit grew by 16%, while net profit attributable to shareholders rose by 23% to PLN 453 million.

Additionally, Asseco Poland classified the operations of its subsidiary, Sapiens Group, as discontinued. This adjustment will exclude Sapiens’ financial data from consolidated revenue and operating costs, with only net profit from discontinued operations being reported. The sale of Sapiens to Advent International, valued at approximately USD 2.5 billion, is expected to positively impact Asseco Poland’s overall financial results.

Relevance: This article is highly relevant to Asseco Poland’s business profile as it highlights the company’s strategic focus on acquisitions, financial performance, and growth in key sectors such as public administration, finance, and IT services, which are central to its operations.

Asseco Poland S.A. Concludes Extraordinary General Meeting with Key Resolutions

Asseco Poland S.A., headquartered in Rzeszów, successfully held its Extraordinary General Meeting (EGM) on November 4, 2025, in Warsaw. The meeting, attended by shareholders representing 75.01% of the company’s share capital, resulted in the approval of several significant resolutions.

Key Resolutions Passed:

• Amendments to the Company Statute: Changes included the removal of the Chairperson of the Supervisory Board's deciding vote in case of a tie and the introduction of provisions requiring Supervisory Board approval for interim dividend payments.
• Supervisory Board Appointments: Robin van Poelje, Christopher Siemiaszko, and Ramon Zanders were appointed as members for the 2022–2026 term.
• Approval of Interim Dividend Policy: The Management Board may now pay interim dividends with Supervisory Board approval.

The resolutions reflect Asseco Poland's commitment to enhancing corporate governance and aligning its operational framework with shareholder interests. The meeting concluded with all proposed resolutions successfully passed.

Relevance: The EGM outcomes are directly tied to Asseco Poland's business operations, particularly in strengthening its governance structure and financial policies, which are critical for its role as a leading IT solutions provider in Central and Eastern Europe.

Asseco Poland S.A. Announces Nomination of New Supervisory Board Members

Asseco Poland S.A. has announced the nomination of three candidates for its Supervisory Board ahead of the Extraordinary General Meeting scheduled for November 4, 2025. The nominations were submitted by TSS Europe B.V., a shareholder based in Utrecht, Netherlands. The proposed candidates are Robin van Poelje, Ramon Zanders, and Christopher Siemiaszko. Each nominee has provided their professional CVs and declarations of consent to serve as Supervisory Board members, ensuring compliance with the company’s governance standards and regulatory requirements.

The nominations align with Asseco Poland's commitment to maintaining transparency and adhering to the principles of Good Practices of Companies Listed on the Warsaw Stock Exchange 2021. The company has attached all relevant documentation, including the candidates' CVs and statements, to its official report for shareholder review.

Relevance: This development is significant for Asseco Poland as it reflects the company's ongoing efforts to strengthen its governance structure, which is critical for its operations in key sectors such as public administration, banking, and telecommunications.

Asseco Poland Develops Banking Solutions and Introduces AI-Based Innovations

Asseco Poland S.A., a leading IT solutions provider in Central and Eastern Europe, is advancing its portfolio in the banking sector by developing dedicated solutions incorporating artificial intelligence (AI). Grzegorz Paskudzki, Director of Business Consulting at Asseco Poland, revealed that the company is actively working on AI-driven tools tailored to meet the evolving needs of financial institutions. These solutions aim to enhance operational efficiency, improve customer experience, and support decision-making processes within the banking industry.

The initiative aligns with Asseco Poland's strategic focus on delivering proprietary IT solutions for key sectors, including banking and finance. The integration of AI into its offerings underscores the company’s commitment to innovation and maintaining its competitive edge in the digital transformation of enterprises.

Relevance: This development is directly relevant to Asseco Poland’s business profile as it highlights the company’s efforts to expand its core offerings in the banking sector, a key area of its operations, while leveraging advanced technologies like AI to address market demands.

Asseco Poland Advances AI-Driven Banking Solutions

Asseco Poland S.A., a leading IT solutions provider in Central and Eastern Europe, is intensifying its focus on artificial intelligence (AI) to enhance its offerings in the banking sector. According to Grzegorz Paskudzki, Director of Business Consulting at Asseco Poland, the company is developing AI-powered tools to support supervisory assessments, ensure legal compliance of banking documents, and integrate AI components into existing systems such as anti-money laundering (AML) solutions and customer-facing interfaces.

In response to evolving market dynamics, Asseco is also creating tailored solutions to assist banks in adapting to shifting priorities, such as transitioning from deposit-focused strategies to asset management. The company is currently implementing two projects and participating in three tenders for tools that provide investment recommendations based on customer needs and asset values. Additionally, Asseco continues to enhance its core banking systems and digital banking platforms, which are widely used by both cooperative and commercial banks in Poland.

Paskudzki highlighted the challenges posed by legacy systems in the banking sector, emphasizing the need for modernization to improve agility and customer experience. He also noted the regulatory complexities associated with AI adoption, particularly in light of upcoming regulations like the AI Act. Despite these challenges, Polish banks remain innovative and quick to adopt proven technologies, maintaining a competitive edge in the European market.

Asseco Poland's strategic focus on AI and its commitment to modernizing banking technology align with its core business of delivering advanced IT solutions to the financial sector. These initiatives reinforce its position as a key player in the digital transformation of banking in Poland and beyond.

Poland Establishes Security and Defense Fund with €4.65 Billion Allocation

The Polish government has approved a new law to create the Security and Defense Fund, allocating €4.65 billion under the National Recovery and Resilience Plan (KPO). The fund will focus on critical investments such as protective infrastructure, dual-use facilities, cybersecurity, and modernization of industrial enterprises, including support for research and development. Managed by a special-purpose vehicle (SPV) established by Bank Gospodarstwa Krajowego (BGK), the fund will provide financing through loans, equity investments, and other financial instruments. Oversight will be provided by a Steering Committee comprising key government ministers, ensuring alignment with national priorities.

Relevance to Asseco Poland S.A.: The fund's emphasis on cybersecurity and modernization aligns with Asseco Poland's expertise in delivering IT solutions for public administration and defense sectors, presenting potential opportunities for collaboration in long-term projects.

Poland Proposes New Legislation for Digital Death Registration and Documentation

The Polish government has introduced a draft amendment to the law aimed at modernizing the process of death certification and documentation outside hospitals. The proposed legislation includes provisions for the appointment of coroners, the electronic registration of deaths, and the digitization of document workflows. This initiative is part of a broader effort to enhance the efficiency and transparency of public administration through digital solutions. The draft has been submitted for public consultation, signaling the government’s commitment to advancing e-government services.

Relevance to Asseco Poland S.A.: The proposed legislation aligns with Asseco Poland’s expertise in delivering IT solutions for public administration, particularly in the area of e-government. The company could play a significant role in implementing the digital infrastructure required for this initiative.

Asseco Poland Announces Extraordinary General Meeting Scheduled for November 2025

Asseco Poland S.A. has announced the convening of an Extraordinary General Meeting (EGM) to be held on November 4, 2025, at 10:00 AM at the company’s headquarters in Warsaw, Poland. The meeting was called following a joint request from shareholders TSS Europe B.V. and the Adam Góral Family Foundation, who collectively represent 34.85% of the company’s share capital. The request, submitted on October 2, 2025, was made under Article 400 § 1 and § 2 of the Polish Commercial Companies Code and includes specific matters to be addressed during the meeting.

The agenda and related documents, including draft resolutions and justifications, have been made available on the company’s official website at https://inwestor.asseco.com/o-asseco/lad-korporacyjny. The EGM is expected to address key issues related to the company’s governance and strategic direction.

Relevance: This development is significant for Asseco Poland as it reflects the active involvement of major shareholders, including founder Adam Góral, in shaping the company’s strategic and operational decisions. Such governance actions are crucial for maintaining transparency and aligning the company’s direction with shareholder interests.

Asseco Poland Sells Treasury Shares to Strategic Investor TSS Europe B.V.

Asseco Poland S.A. has finalized the sale of 12,318,863 treasury shares, representing 14.84% of its share capital, to TSS Europe B.V., the legal successor of Yukon Niebieski Kapital B.V. The transaction, completed on October 1, 2025, followed the fulfillment of all required antitrust and regulatory approvals. This sale marks the implementation of a shareholder agreement signed earlier this year between Adam Góral Fundacja Rodzinna and TSS Europe B.V.

The company’s management views the acquisition of a long-term strategic investor as a significant step toward stabilizing its shareholder structure and ensuring the continued growth and development of Asseco Poland. The partnership with TSS Europe B.V., part of the Constellation Software ecosystem, is expected to strengthen the company’s position in the IT sector and enhance its ability to deliver innovative solutions across key industries

Relevance: This development aligns with Asseco Poland’s strategic focus on fostering stability and growth, while leveraging partnerships to enhance its leadership in IT solutions for enterprises and public institutions.