diff --git a/core/lib/multivm/src/interface/types/outputs/execution_state.rs b/core/lib/multivm/src/interface/types/outputs/execution_state.rs
index c76e6370232..066de92ffbe 100644
--- a/core/lib/multivm/src/interface/types/outputs/execution_state.rs
+++ b/core/lib/multivm/src/interface/types/outputs/execution_state.rs
@@ -20,7 +20,8 @@ pub struct CurrentExecutionState {
     pub total_log_queries: usize,
     /// Number of cycles used by the VM.
     pub cycles_used: u32,
-    /// Sorted & deduplicated events logs for batch
+    /// Sorted & deduplicated events logs for batch. Note, that this is a more "low-level" representation of
+    /// the `events` field of this struct TODO(PLA-649): refactor to remove duplication of data.
     pub deduplicated_events_logs: Vec<LogQuery>,
     /// Refunds returned by `StorageOracle`.
     pub storage_refunds: Vec<u32>,
diff --git a/etc/system-contracts b/etc/system-contracts
index de597eddb79..3377d27d7dc 160000
--- a/etc/system-contracts
+++ b/etc/system-contracts
@@ -1 +1 @@
-Subproject commit de597eddb79491bb22bb237b8bcc4afea8cda26f
+Subproject commit 3377d27d7dc26b9f0e1ec0637af34dbc4cb8c2e3