Evolution

Board/Management Information • May 24, 2023

Press release 2023-05-24

Changes in the Board of Directors of Evolution AB (publ)

Jonas Engwall has decided, at his own request, to leave the board of Evolution AB as of 24 May 2023. Jonas Engwall has been a member of the board since 2015.

• On behalf of the Board of Directors, I would like to thank Jonasfor his engagement and contributions during his time as board member of Evolution, says Jens von Bahr, Chairman of the Board

For further information, please contact:

Jacob Kaplan, CFO, ir@evolution.com.

Evolution AB (publ) ("Evolution") develops, produces markets and licenses fully-integrated B2B online casino solutions to gaming operators. Since its inception in 2006, Evolution as developed into a leading B2B provider with 700+ operators among its customers. The group currently employs 17,300+ people in studios across Europe and in North America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolution.com for more information.

Evolution is licensed and regulated by the Malta Gaming Authority under license MGA/B2B/187/2010. Evolution is also licensed and regulated in many other jurisdictions such as the United Kingdom, Belgium, Canada, Romania, South Africa, and others.