Embracer Group Results Presentation Deck

Q1 UPDATE ON THE RESTRUCTURING PROGRAM Program focus areas and phases Main Focus Areas being addressed in phases Capex and Opex savings Capital allocation Efficiency improvements 13 June 2023 1st phase 2nd phase 3rd phase Opex and initial phase capex savings Further capex savings and capital allocation initiatives Further capital allocation initiatives and efficiency improvements including consolidation EMBRACER+ GROUP 31 March 2024 Clearly defined structure in place under leadership of Executive Management with the engagement and commitment of Senior Management from across the Group For illustrative purposes, not to scale 21

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