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Investor Presentaiton

Pirate101: An engaging sister title in a new setting Turn-based exploration MMORPG with an expansive atmosphere and engaging content Massively Multi-player Game TE IOI Recurring revenues¹ 32% 18% 11% Media and Games Invest Substantial revenues 39% USD +25m revenues 1 year 1-3 years 3-5 years > 5 years Spin-off MMORPG from Wizard101: Released in 2012 Adventure: Search for treasures within the Spiral Engaging: Bright aesthetics and turn- based combat Family-friendly: Focus on a younger demographic but fun for everyone 39% of revenues from players who have been active in the same game for over 5 years Free2Play MMO; around 11% of new players are converted to paying users • Premium currency (Crowns) shared between Wizard101 and Pirate 101 Source: Group information Notes: 1) Revenues per user tenure +7.5m gamers • Pirate 101 has generated approximately USD +25m in revenues since release 8 years ago +7.5m user accounts created since launch • Target Group: 20 - 30 years old, male and female audience Pirate101 is a successor title to Wizard101 that hits the high notes and leaves a lasting impression 11
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