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5th Planet Games A/S M&A Activity 2022

Jun 27, 2022

8162_rns_2022-06-27_4c07360b-8b0f-496c-a692-5576e10345b9.html

M&A Activity

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23-2022 A statement from Jon Goldman, Chairman of The Board of Directors, 5th Planet Games

23-2022 A statement from Jon Goldman, Chairman of The Board of Directors, 5th Planet Games

A statement from Jon Goldman, Chairman of The Board of Directors, 5th Planet Games A/S*

Dear 5th Planet Games Shareholders,

A number of you have written with questions about the tender offer to buy your shares at a lower price than the current market value. We want to put to bed any concerns.

When Skybound invested, according to applicable securities law, we were required to offer to all existing 5PG shareholders the opportunity to sell their shares to Skybound at the same per share price that Skybound paid. The current stock price is significantly higher.

So, for absolute clarity, you do not need to sell your stock to Skybound for less than you could earn on the open market!

To be extra clear, we are not offering you investment advice and we are not telling you whether or not to sell your stock pursuant to the mandatory offer. We note emphatically that there may be cultural differences that would cause one to sell their stock for a lower rather than higher price; however, we do not believe this to be likely.

We would be delighted for all of you to remain 5PG shareholders and continue this exiting journey with us, but we are also happy when 5PG shareholders can make a profit on the market, thanks to the rising stock price.

Our combined goal is to continue growing and creating value together with all 5PG shareholders as we announce and bring to market fantastic new games.

All the best,

Jon Goldman

Managing Partner, Skybound Entertainment

Chairman of the Board, 5th Planet Games

About 5th Planet Games and Skybound Entertainment

5th Planet Games is a video games publisher located in Copenhagen, active in games across all global platforms and devices. We have a long and successful history of working with established brands and strong IP. Now, in partnership with Skybound Entertainment, we will extend our access to compelling, global IP such as The Walking Dead, Before your Eyes and Invincible.

*You should be aware that investments in the shares of 5PG Planet Games A/S involves a high degree of risks. This statement is not intended to provide, and should not be relied upon for accounting, legal, investment, business or tax advice nor does it constitute a recommendation regarding any transaction involving the shares of 5PG Planet Games A/S. You should determine for yourself the relevance of the information contained in this statement and consult your own advisors in respect of any decision involving the shares of 5PG Planet Games A/S.