Embracer Group Results Presentation Deck

{ 1,800 1,600 1,400 1,200 1,000 800 600 400 200 0 DO (PC/Console Games 1.8x Q1 1.4x Q2 3.4x Source: as of 31 March, 2023 Q3 FY 20/21 INVESTED IN GAME DEVELOPMENT 4.8x Q4 2.6x Q1 3.1x Q2 2.5x Q3 FY 21/22 3.6x Q4 2.0x Q1 0.8x Q2 Value of completed game development Invesments in game development Investment in game development as X times completed Games 3.2x Q3 FY 22/23 3.3x Q4 250 200 150 100 50 Q1 Q2 Q3 FY 20/21 53 107 Q4 PROJECT PIPELINE # Q1 Q2 Q3 FY 21/22 64 159 Q4 Unannounced ■Announced Q1 Q2 EMBRACER+ GROUP Q3 FY 22/23 221 56 165 Q4 12

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