5th Planet Games A/S — Earnings Release 2018

Aug 17, 2018

Announcement no. 29/2018 Copenhagen, 17 August 2018

Hugo Games announces its Half-yearly Report 2018.

COPENHAGEN, August 17th, 2018: Hugo Games' (OAX: HUGO) attached financials for Half-yearly report 2018.

• Gross profit amounted to DKK 2.5m in H1 2018 compared to DKK 1.7m in H1 2017 up by 50%.
• EBITDA before special items was a loss of DKK 13.5m in H1 2018 compared to a loss of DKK 8.8m in H1 2017. The increased loss was mainly due the share-based payment program (3.6m) established late 2017. Furthermore, the development studio in Nottingham has been expanded.
• The Group's equity at 30 June 2018 was DKK 47.8m compared to DKK 37.6m at 30 June 2017. The equity ratio at 30 June 2018 was 86%.

Our ambition is unchanged, and we are therefore expecting that Hugo Games will deliver on its strategy to achieve a positive EBITDA in Q4 2018 between DKK 0.1m and DKK 5.0m.

Investor presentation of Half-yearly Report 2018 and expectation of H2 2018

Hugo Games A/S (OAX: HUGO) invites interested parties to join a conference call about the company's Half Year Report 2018 on Tuesday 21st August at 11:00 CEST. We will also elaborate on our expectations to 2H 2018. The conference call will be hosted by Hugo Games' CEO Henrik Nielsen.

The presentation can be accessed live at www.hugogames.com or direct link: https://hugo.eventcdn.net/20180821/

The presentation will also be made available at https://www.hugogames.com/investors/presentations/ after the live presentation.

To attend the live presentation, use the phone to listen in and ask questions – or use the Live link (audio cast) to listen in and follow the presentation on your computer or any smart-device, from anywhere in the world.

NB! It will now also be possible to ask questions using the Live Link on your computer or any smart-device.

Call in numbers:

NO: +47 23 50 02 54 DK: +45 35 44 55 83 SE: +46 85 66 42 661 UK: +44 2031 940 544 US: +1 855 269 2604

The participants will be asked for their name and company.

Hugo Games A/S

Henrik Nielsen, CEO of Hugo Games

E-mail: hn@hugogames.com Phone: +45 27 200 200

About Hugo Games

Hugo Games is a mobile games publisher and developer located in Copenhagen and Nottingham. At Hugo Games we are honoured to cooperate with strong IPs as The Adventures of Tintin and premium sports brands as FC Barcelona, Liverpool FC and Paris St. Germain -- as well as soccer star Cristiano Ronaldo and skater icon Nyjah Huston. We are proud to expand the world of television hit series Vikings -- and we are thrilled to produce the official sequel to the legendary Doodle Jump. For more information see www.hugogames.com or contact Hugo Games CEO Henrik Nielsen +45 27 200 200