Nexters Investor Presentation Deck

Key financial highlights (1/2) Revenue 74 +65% Q4 2020 Q4 2021 6 123 $m Net Income/ Loss >100% 18 Q4 2020 Q4 2021 261 +66% FY 2020 -0,7 434 FY 2020 FY 2021 >100% -117 FY 2021 Operating Cash Flow 41 $m +5% Q4 2020 Q4 2021 44 Adjusted Net Income/ Loss (1) >100% 24 Q4 2020 Q4 2021 121 FY 2020 1,5 -13% >100% FY 2020 106 FY 2021 5 FY 2021 Source: Company information 131) The Company defines Adjusted Net Income/Loss as the Net Income/Loss as presented in the Company's financial statements in accordance with IFRS, adjusted to exclude (i) share-based compensation expense, (ii) impairment of non-current assets, (iii) any gains and losses arising as result of business combinations (including the amortisation of intangible assets acquired in the business combinations and transaction costs related to the business combinations) and (iv) certain non-cash or other special items that we do not consider indicative of our ongoing operating performance. Adjusted net income is a non-IFRS financial measure and should not be construed as an alternative to Net Income/ Loss as an indicator of operating performance as determined in accordance with IFRS nexters Significant revenue YoY increase both in Q4 2021 and FY 2021 is primary driven by an increase in bookings in the amount of $24m and $116m, respectively (or 20% and 26%, respectively) and by a decrease in change of deferred revenues in the amount of $25m and $57m, respectively Operating cash flow increased on 5% in Q4 2021 demonstrating the increased efficiency and cash generation capacity of our business. Decrease in FY 2021 is explained by higher marketing investments than in FY 2020 The net loss in FY 2021 originated predominantly from the non-cash non-recurring share listing expense in the amount of $125 million. At same time, the net income in Q4 2021 almost doubled Adjusted net income experienced severalfold YoY growth in Q4 2021 and FY 2021 driven by the increase in revenues, partially offset by the increase in marketing investments, platform commissions and G&A expenses

View entire presentation