Embracer Group Mergers and Acquisitions Presentation Deck

DEAL RATIONALE Cryptic Studios' passion for and experience with MMOs is rare and valuable ● ● ● PWE Publishing's portfolio and talent is world-class PWE brings strong financial contribution and strategic value with IP and unique capability to Embracer The acquisition accelerates Gearbox Entertainment's mission to Entertain the World EMBRACER+ GROUP Dentertainment PERFECT WORLD (PWE) P. 16

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