Azerion Investor Presentation Deck

Financial performance Premium Games allocating resources towards profitable growth 700 600 500 400 300 200 100 0 Q1 '22 Q2 '22 Q3 '22 Q4 '22 22 Operational performance Financial performance LL 24 Q1 '22 azerion Q1 '23 Q1 '23 0.5 0.4 0.3 0.2 0.1 0 All figures in EURm unless otherwise indicated Daily Active Users (thousands) Revenue per daily active user (EUR) RHS Net Revenue Adjusted EBITDA Focus on user acquisition leading to increased average daily active users, subsequently reducing ARPDAU. Improvements in user engagement driven by new features and events increased monetisation of mature users Time in game per day grew more than 6% compared to previous quarter Social Card Games, Governor of Poker 3 and Monopoly Poker performing strongly, expanding new features and content for users to further grow and monetise the games' communities. Lower capital expenditure in Metaverse has offset reduced user activity and spending. 22

View entire presentation