Embracer Group Results Presentation Deck

{ 1,800 1,600 1,400 1,200 1,000 800 600 400 200 DO 0 1.8x Q1 (PC/Console Games INVESTMENTS AND COMPLETED GAME DEVELOPMENT 1.4x Q2 3.4x 2.5x GAMIN Q2 Q3 FY 21/22 Q3 FY 20/21 4.8x Source: as of June 30, 2023 2.6x Q4 3.1x Q1 SEK 10,673m in capitalized development as of Q1 3.6x Q4 2.0x Q1 3.2x 0.8x Q2 Q3 FY 22/23 Value of completed game development Investments in game development Investment in game development as X times completed Games 3.3x Q4 2.1x Q1 FY 23/24 250 200 150 100 50 52 73 Q1 Q2 Q3 FY 20/21 Q4 PROJECT PIPELINE # 56 124 Q1 Unannounced Q2 Q3 FY 21/22 Q4 55 167 Q1 Q2 FY 22/23 Announced Q3 EMBRACER+ GROUP Q4 215 62 153 Q1 FY 23/24 9

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