5th Planet Games A/S — Capital/Financing Update 2018

Nov 29, 2018

Announcement no. 42/2018 Copenhagen, 29 November 2018

Hugo Games issues warrants following 5th Planet Games Acquisition

COPENHAGEN, November 29th, 2018: Hugo Games A/S (OMX: HUGO), to be known as 5th Planet Games A/S, announces the granting of warrants to 10 key employees and 2 partners of the Company.

The purpose of the warrant scheme is to provide those, who are helping to build Hugo Games, an opportunity to share the value of the business that they are helping to create. It is furthermore intended to attract and retain first-class employees to improve business results and long-term shareholder value creation.

• 10 key employees were granted in total 667.000 warrants. These grants are allocated on November 27th, 2018 on a 4-year vesting program.
• 2 partners have been granted 433.000 warrants. These grants are allocated on November 27th , 2018 fully vested.

In the period of October 1 st, 2018 to November 1 st, 2018 a total of 306.720 allocated warrants have been cancelled following terminations in our Nottingham office.

About Hugo Games / 5th Planet Games

Hugo Games / 5th Planet Games is a mobile games publisher and developer located in Copenhagen, Berlin, Sacramento, Leamington and Nottingham. We are honored to cooperate with strong IP's as The Adventures of Tintin and premium sports brands as FC Barcelona, Liverpool FC and Paris St. Germain - as well as soccer superstar Cristiano Ronaldo. We are proud to expand the world of television hit series Vikings - and we are thrilled to produce sequels to the legendary games Doodle Jump and Dawn of the Dragons. For more information see www.hugogames.com or contact Hugo Games CEO Henrik Nielsen +45 27 200 200