Evolution

Remuneration Information • Jul 28, 2023

Press release 28th July 2023 11:00 CET

Changes to incentive program 2023/2026

Due to the changes in Evolution's share price during the implementation period of the incentive program resolved on by the extraordinary general meeting on 16 June 2023, the program is no longer in line with the intended conditions of the proposal to the extraordinary general meeting. The Board of Directors has thus decided to not proceed with the incentive program. The Board of Directors will work together with the shareholders to create a program in order to appropriately incentivize the employees of the company.

For investor enquiries, 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 has developed into a leading B2B provider with 700+ operators among its customers. The group currently employs 17,400+ 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.