Evolution

Pre-Annual General Meeting Information • Feb 15, 2023

Press release 2023-02-15

Extraordinary general meeting in Evolution on 16 February 2023 is cancelled

The board of directors of Evolution AB (publ) ("Evolution") has resolved to cancel the extraordinary general meeting that was planned to be held on Thursday, 16 February 2023 at 14:00 CET at Strandvägen 7A in Stockholm.

Evolution has, ahead of the meeting, been in contact with institutional shareholders regarding the incentive programme proposed by the board of directors. These contacts are ongoing but currently the incentive programme does not have the requisite support among the shareholders who have given notice to attend the meeting. The board of directors has therefore resolved to cancel the meeting.

For further information, please contact:

Jacob Kaplan, CFO, ir@evolution.com

About Evolution

Evolution AB (publ) ("Evolution") develops, produces, markets and licenses fully-integrated B2B Online Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with 700+ operators among its customers. The group currently employs 17,000+ 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.