Evolution

Share Issue/Capital Change • Apr 28, 2023

Press release 2023-04-28

Change in number of shares and votes in Evolution AB (publ)

During April 2023, 41,768 new shares in Evolution AB (publ) have been issued through the exercise of 90,800 warrants of series 2020/2023.

As of 28 April 2023, following the exercise of the warrants set out above, the number of shares and votes in Evolution AB (publ) amount to 215,604,777.

For further information, please contact:

Jacob Kaplan, CFO, ir@evolution.com.

This information is such that Evolution AB (publ) is obliged to publish according to the Swedish Financial Instruments Trading Act. This press release was submitted for publication by the person above on 28 April 2023 at 09:00 CEST.

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.