Azerion Results Presentation Deck

Financial update Premium Games underlying EBITDA growth post sale of social card games Financial performance 65 all LL 18 15 13 5 21 0.42 -17% Q3 '22 556 5 Q3 '22 azerion Q3 '23 0.45 559 -2% 0.42 601 Ytd ¹22 Operational performance 0.42 64 558 Ytd '23 0.44 454 Q4 '22 Q1 '23 Q2 '23 Q3 '23 All figures in EURm unless otherwise indicated Net Revenue Adjusted EBITDA Average Daily Active Users (thousands) Average Revenue per Daily Active User (EUR) RHS Net revenue in Q3 2023 down approximately 17% year on year and Net revenue YTD 2023 down approximately 2% year on year, mainly due to revenue loss from sale of social card games from end August 2023 Adjusted EBITDA down approximately 8% in Q3 2023 year on year, mainly due to loss of contribution from the sale of social card games at end August 2023 Remaining Premium Games portfolio (ex social cards) showing Adjusted EBITDA growth of approximately 80% in Q3 2023 as compared to Q3 2022, mainly driven by improved performance of social casino and cost optimisation Average time in game per day remained relatively flat in Q3 2023 as compared to Q3 2022 at 79 minutes per day Average Daily Active Users decreased by 18% in Q3 2023 compared to Q3 2022, mainly due to the loss of active players in September from the sale of the social card games portfolio. ARPDAU increased by approximately 5% in Q3 2023 as compared to Q3 2022, mainly due to a stable loyal user base spending more in game. 22

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