5th Planet Games A/S — AGM Information 2016

Jun 20, 2016

Minutes of Extraordinary General Meeting 20 June 2016. NO. 27-2016

Minutes of Extraordinary General Meeting 20 June 2016. NO. 27-2016

Minutes of Extraordinary General Meeting June 2016

At the Extraordinary General Meeting held today in HUGO GAMES A/S (the

"Company"), the General Meeting decided to grant the Board of Directors a

new authorization to increase the share capital of the company with up to

nominal DKK 25 million with or without preferential rights for existing

shareholders.

As a consequence hereof the General Meeting further approved to update the

company's articles of association accordingly. The authorisations granted

are reproduced below in their entirety:

- "2.4. Until 6 February 2020, the Board of Directors is authorized, with

preferential right for the existing shareholders of the Company, to increase

the Company's share capital one or more times by up to a total nominal

amount of DKK 25,000,000 by cash payment. The capital increase can take

place below market price.

New shares issued pursuant to the above shall be issued in the name of the

holder and shall be recorded in the name of the holder in the Company's

register of shareholders, shall be negotiable documents and shall in every

respect carry the same rights as the existing shares. The Board of Directors

is authorized to lay down the terms and conditions for capital increases

pursuant to the above authorization and to make any such amendments in the

Company's Articles of Association as may be required as a result of the

Board of Directors' exercise of the said authorization."

- "2.5. Until 6 February 2020, the Board of Directors is authorized, without

preferential right for the existing shareholders of the Company, to increase

the Company's share capital one or more times by up to a total nominal

amount of DKK 25,000,000 by cash as well as non-cash payment, or by

conversion of debt or by conversion of the company's reserves into share

capital by the issue of bonus shares (in Danish: fondsforhøjelse). The

capital increase shall take place at market price.

New shares issued pursuant to the above shall be issued in the name of the

holder and shall be recorded in the name of the holder in the Company's

register of shareholders, shall be negotiable documents and shall in every

respect carry the same rights as the existing shares. The Board of Directors

is authorized to lay down the terms and conditions for capital increase

pursuant to the above authorization and to make any such amendments in the

Company's Articles of Association as may be required as a result of the

Board of Directors' exercise of the said authorization."

- "2.6. Until 6 February 2020, the Board of Directors is authorized, with

preferential right for the existing shareholders of the Company, to increase

the Company's share capital one or more times by up to a total nominal

amount of DKK 25,000,000 by conversion of the company's reserves into share

capital by the issue of bonus shares (in Danish: fondsforhøjelse). The

capital increase shall take place at market price.

New shares issued pursuant to the above shall be issued in the name of the

holder and shall be recorded in the name of the holder in the Company's

register of shareholders, shall be negotiable documents and shall in every

respect carry the same rights as the existing shares. The Board of Directors

is authorized to lay down the terms and conditions for capital increase

pursuant to the above authorization and to make any such amendments in the

Company's Articles of Association as may be required as a result of the

Board of Directors' exercise of the said authorization."

- "2.7. The combined total share capital increase, performed pursuant to the

given authorisations in provision 2.3, 2.4 and 2.5, cannot exceed nominal

DKK 25,000,000."

Any queries regarding this company announcement may be addressed to the

company's CEO Henrik Kølle, +45 4028 5054 or hek@hugogames.com

Hugo Games A/S

Bertel Maigaard Henrik Kølle

Chairman CEO

About Hugo Games

Hugo Games is a Nordic mobile games publisher and developer located in

Copenhagen. At Hugo Games we are passionate about games and we are committed

to making titles that will engage and bring genuine joy to people for years.

We have a consistent portfolio of games globally available across a wide

range of platforms including iOS, Android, Windows, Amazon and Facebook.

More information available at www.hugogames.com