Nexters Results Presentation Deck

Key financial highlights (2/2) $m Selling and Marketing Expenses 6 65 Q1 2021 -13% Source: Company information 57 Q1 2022 $m G&A Expenses 3 Q1 2021 >100% 80 Q1 2022 $m Total Costs and Expenses, Excluding D&A 96 Q1 2021 +12% 108 Q1 2022 nexters Selling and marketing expenses decreased by 13% YoY mainly due to the suspension of marketing activities in FSU countries as well as general decrease of UA expenses due to the saturation of the market in Q1 2022 G&A expenses increased by $6m primarily driven by an increase in personnel and other expenses resulting from the recurring NASDAQ listing expenses as well as the increase in the scale of the Group's operations Total costs and expenses (excl. D&A) increased by 12% YoY due to higher G&A expenses as well as increased platform commissions and game operations costs

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