Embracer Group Mergers and Acquisitions Presentation Deck

Vertigo Arcades in brief Leading distributor of Vertigo and third-party VR titles to VR arcade operators globally VERTIGO ARCADES Leading distributor of Vertigo and third party VR titles to VR arcade operators globally, increasingly through proprietary platform Haze VR ● ● ● ● ● ● ● Already available in 700+ locations in 40+ countries Leveraging on Arizona Sunshine success which is the #1 played game in VR arcades 25% of all playtime in Western VR arcades Highly curated content offering of 15-20 titles per arcade 3 dedicated FTEs (excl. Vertigo group management) Haze VR proprietary platform Vertigo Arcades' proprietary platform available for VR arcade operators to access, launch, operate and monetize VR gaming content Already fully operational in 30+ locations in 13 countries ● Growing notably prior to a downturn with the Covid-19 outbreak, starting to pick up again. Selected portfolio titles ARIZONA SUNSHINE SKYWORLD A Fishermans Tale VERTIGOARCADES GROUP ScaryG2 SPACE PIRATE TRAINER ARIZONA SUNSHINE SKYWORLD KINGDOM BRAWL PATROLVE EMBRACER+ Corsair's Curse ISLAND 359. ECLIPSE VR MULTIPLAYER ESCAPE GAME 9

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