Embracer Group Results Presentation Deck

FINANCIAL PERFORMANCE Q4 Financial development 12,000 10,000 8,000 6,000 4,000 2,000 0 3,000 2,500 2,000 1,500 1,000 500 0 60% Q4 14% 76% FY 20/21 Q4 FY 20/21 Q1 19% Q1 GROSS MARGIN DEVELOPMENT SEKm Source: as of 31 March, 2023 76% Q2 20% 66% Q2 Q3 Net sales FY 21/22 17% DEVELOPMENT OF OPERATING EXPENSES, NET SEKm Q3 Operating Expenses, net 73% FY 21/22 65% 66% atli attu 56% 20% 20% 16% Q2 Q4 Q4 Q1 25% Gross margin Q4 Q3 FY 22/23 23% 22% 21% att Q2 Q1 FY 22/23 Q3 9,356 Operating Expenses, net, as % of sales 58% Q4 29% 1,400 1,200 1,000 2,669 Q4 800 600 400 200 0 2,500 2,000 1,500 1,000 500 0 1% Q4 FY 20/21 37% 13% Q4 FY 20/21 Q1 Marketing, Non UAC DEVELOPMENT OF MARKETING COSTS SEKM 37% Q1 17% Q2 FY 21/22 30% Q2 Q3 Marketing, UAC - Mobile ADJUSTED EBIT SEKM 22% FY 21/22 Q3 Adjusted EBIT 20% Q4 Q1 19% Q1 13% Q2 10% Q2 FY 22/23 Adjusted EBIT margin, % EMBRACER+ GROUP Q3 FY 22/23 555 Marketing, as % of Net Sales 10% 340 H. 22% 17% 915 10% Q3 Q4 Q4 23

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