5th Planet Games A/S — Major Shareholding Notification 2017

Nov 21, 2017

Hugo Games - Shares allocated to primary insiders in the Private Placement 46/2017

Hugo Games - Shares allocated to primary insiders in the Private Placement 46/2017

Announcement no. 46/2017

Copenhagen, 21. November 2017

Shares allocated to primary insiders in the Private Placement No. 46/2017

COPENHAGEN, 21 November 2017

Reference is made to stock exchange release on 20 November 2017 in connection with the completed Private Placement in Hugo Games A/S. Below is stated the amount of shares allocated to primary insiders in the Private Placement:

Shares controlled by primary insider(s) Entity Number of shares allocated Total shareholding % ownership

before Private Placement % ownership after Private Placement

Henrik Nielsen, CEO Private 0 2.976.191

HNI Trading ApS 13,620,120 13,620,120

In total controlled by Henrik Nielsen 13,620,120 16,596,311 2.6% 8.1%

Henrik Kølle, Chairman Aula Holding ApS 0 23,660,658

Aula Invest ApS 13,620,120 13,620,120

In total controlled by Henrik Kølle 13,620,120 37,280,778 20.8% 18.1%

Peter Ekman, CFO Ekman Holding ApS 1,362,010 1,723,221 0.3% 0,8%

The ownership is based on the total amount of shares in Hugo Games A/S after the completed Private Placement and before the reverse split of 5:1 expected to be completed on or about 1 December 2017.

For further information please contact:

CEO in Hugo Games Henrik Nielsen: +45 27200200

About Hugo Games

Hugo Games A/S (OAX: HUGO) is a Danish global mobile game developer and publisher located in Copenhagen, Denmark. Hugo Games is committed to creating compelling and original IP games such as the Hugo Troll Race series, Axe in Face and Flower Flush. Hugo Games releases games on a wide range of platforms including iOS, Android, Windows, Amazon and Facebook.