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Digital Bros

M&A Activity Jun 8, 2020

4287_iss_2020-06-08_7b078763-e33d-4741-894a-0e8081989bf1.pdf

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DIGITAL BROS WILL PUBLISH WORLDWIDE THE VIDEOGAME GHOSTRUNNER

Digital Bros has signed a contractual agreement with the Polish Company All In! Games SA for the worldwide publishing rights of the videogame Ghostrunner expected in the second half of 2020

Milan – 8 June, 2020 – Digital Bros Group (DIB:MI), which is listed on the STAR segment of Borsa Italiana and operates in the videogames market, today announces the contract between its subsidiary 505 Games and All In! Games SA for the worldwide publishing of the videogame Ghostrunner on both PC and consoles. The Group has also granted an exclusive option to buy the Intellectual Property (IP) of the video game from All In! Games SAwithin one year from its release.

All in! Games SA is a game publishing company from Cracow, Poland that become a publisher in November 2018 and on 6th of June 2020 it finalized a reverse takeover with Setanta SA becoming a public company listed on Warsaw Stock Exchange.

Ghostrunner is a first-person cyberpunk action video game set in a grim, cyberpunk setting of a futuristic world to be released in 2020 on PC, PlayStation 4 and Xbox One.

The initial investment for the Group will be Euro 3.25 million. The Group also agreed a buy-option to acquire the video game property for Euro 5 million within one year from the commercial release.

"We have recently entered in some partnerships with videogames companies based in Poland, which we think is a fast-growing market driven by talented professionals with high technical competencies." commented Abramo Galante, Chairman and CEO of Digital Bros Group. "The partnership with All In! Games SA will strengthen our relationships with the Polish video game industry and will improve the quality and potential of our product portfolio".

Contacts: Corporate and Investor Relations Digital Bros. S.p.A. Stefano Salbe, CFO Tel. +39 02 413031 [email protected]

About Digital Bros Group

Listed on the STAR segment of Borsa Italiana, Digital Bros Group is a global company that has been operating since 1989 as a developer, publisher and distributor of game entertainment content – video games - in a global market through various channels: retail and digital – web, social, mobile. Digital Bros Group is active around the world through its own direct operations in Italy, the United States, the UK, France, Spain, Germany China, Hong Kong and Japan with approximately 210 employees. The Group's head office is located in Milan, from where all activities are coordinated. Digital Bros operates in three markets, namely, development, publishing and distribution, under its own brands 505 Games and Halifax.

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