Nexters SPAC Presentation Deck

Key risks relating to Nexters nexters The financial information and data contained in this Presentation is unaudited and does not conform to Regulation S-X. Such information and data may not be included in, may be adjusted in or may be presented differently in the registration statement to be filed with the SEC relating to the Business Combination and the proxy statement/prospectus contained therein. Certain of the historical financial information and data contained in this Presentation is preliminary and is based solely upon information available to the Company as of the date hereof. Such information is subject to change, and those changes may be material. Such information has not been subject to adjustment for normal period-end items as well as for other adjustments that may be required when quarterly or annual financial information is reported. The adjustments could be material and you should not place undue reliance on this information. In addition, the Company's auditors have not completed their audit procedures with respect to such financial information, nor have they expressed any opinion or other form of assurance with respect to financial information presented in this Presentation or its achievability • We are in the process of completing our PCAOB audit and have very limited history of IFRS reporting. Our reporting processes and the control environment may not yet be adequate enough to prevent any material weaknesses • Our core game offering, Hero Wars, generates substantially all of our revenue. There can be no assurance as to the continued success of such offering, and we may be unable to offset any declines in revenues from Hero Wars • If we fail to develop new games that achieve broad popularity, we may be unable to attract new players or retain existing players, which could negatively impact our business The recent COVID-19 pandemic and related restrictions resulted in increased consumer interest and engagement in online gaming and there can be no assurance that such interest will continue • Global epidemics, contagious disease outbreaks and public perception thereof, could significantly disrupt our operations and adversely affect our business, results of operations, cash flows or financial condition • We rely on third-party platforms, such as the iOS App Store, Facebook, and Google Play Store, to distribute our games and collect revenues generated on such platforms and rely on third-party payment service providers to collect revenues generated on our own platforms • A small percentage of total users have generated a majority of our revenues, and we may be unable to attract new paying or retain existing paying users and maintain their spending levels. 3 • We utilize a free-to-play business model, which depends on players making optional in-game purchases, and the value of the virtual items sold in our games is highly dependent on how we manage the game revenues and pricing models We operate in a highly competitive industry with low barriers to entry, and our success depends on our ability to effectively compete • Our ability to successfully attract in-game advertisers depends on our ability to design an attractive advertising model that retains players • If we develop new games that achieve success, it is possible that these games could divert players of our other games without growing the overall size of our network, which could harm our results of operations

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