Modern Times Group A

Board/Management Information • Feb 25, 2025

MTG appoints Nick Hopkins as new group CFO

Modern Times Group MTG AB (publ) ("MTG") is pleased to announce that Nick Hopkins has been appointed as the group's Chief Financial Officer. Nick will join in May and work closely with MTG's CEO and executive management team to drive the group's strategy, operational execution and support future M&A. Nick will leverage skills and experience from over 15 years in investment banking, where he has covered and advised on a range of sectors including gaming, media, technology and consumer retail.

Nick joins MTG after having served as Managing Director at Bank of America in London since July 2022. Prior to that, he spent 13 years at Goldman Sachs. Nick has extensive experience in the gaming sector, and brings a deep understanding of corporate strategy, M&A and management.

MTG's Group President and CEO Maria Redin comments:

"The appointment of Nick as our CFO is closely aligned with our strategic and operational needs. Nick joins us at a critical juncture in our evolution as a gaming group following the acquisition of Plarium. I am convinced that his strategic acumen, deep sector understanding and corporate expertise are exactly what MTG needs at this stage. I look forward to working closely together when he joins in May".

MTG's newly appointed Chief Financial Officer, Nick Hopkins adds:

"I am very excited to join MTG at a transformational time. With a strong team, a great platform of IPs and tech, and a clear vision, we are on the journey to build one of Europe's premier mobile gaming groups. The MTG-Plarium combination creates a scalable platform to power strong, sustainable growth, creating lasting value for our shareholders. I'm eager to begin this journey together."

For more information:

Anton Gourman, VP Communications and IR

Direct: +46 73 661 8488, anton.gourman@mtg.com

Follow us: mtg.com / LinkedIn

About MTG

MTG (Modern Times Group MTG AB (publ)) (www.mtg.com) is an international gaming group that owns and operates gaming studios with popular global IPs in casual and midcore segments. The group is focused on accelerating growth through collaboration and a growing commercial tech and tools ecosystem that game makers can leverage to drive performance. MTG is an active participant in the ongoing consolidation of the gaming industry and has a continuous focus on accretive M&A. MTG's HQ can be found in Sweden, but the group has an international culture and a global footprint. MTG's shares are listed on Nasdaq Stockholm under the tickers MTGA and MTGB.