Embracer Group Mergers and Acquisitions Presentation Deck

M Snapshot Games - Independent developer of premium strategy games JULIAN GOLLOP CO-FOUNDER THE TEAM w DAVID KAYE CO-FOUNDER MultiSport 2 IPS IN PORTFOLIO 65 FTES LA & SOFIA ▪ HQ in Los Angeles, USA with the majority of the team in Sofia, Bulgaria ■ ▪ Two IPs released to date (Chaos Reborn & Phoenix Point) Currently working on a major title that is planned to be released 2023 PHOENIX POINT PHOENIX POINT 2 SIT +$12m lifetime revenues SITES STEAM RELEASE DEC20 TO BE I RELEASED 2021 STEAM® XBOX ONE PS4. STADIA DEAL TERMS Through the acquisition 100% of the shares in Snapshot Games are acquired. The purchase price consists of cash and shares and includes an earnout consideration based on financial targets over 5 years EMBRACER+ GROUP 11

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