Vivid Games S.A.

Capital/Financing Update • Jun 3, 2024

Report Content The Management Board of Vivid Games S.A. (hereinafter: "the Company","the Issuer") announces that, because of the Company's financialsituation (presented in monthly reports with preliminary financialresults and periodic reports) and the desire to develop an increase invalue for Shareholders, on June 3, 2024, it decided to initiate a reviewof strategic options to support further development and financing of theCompany's operations.

As part of the review of strategic options, the Company's Board ofDirectors intends to evaluate the following options, among others:

Issuing a Company's share stake to a financial investor.

Issuing a Company's share stake to an industry stakeholder to establisha strategic partnership.

Establishing cooperation with an external publisher to co-finance thedevelopment and marketing expenses of games in the Real Boxing series.

As of the date of publication of this report, the Company's ManagementBoard has not made any decisions related to the selection of a specificoption, and there is no certainty that it will implement any of theoptions presented.

The Company will report on the further course of the above process andthe selection of specific options in separate reports.

Disclaimer: This English translation, including all attachments, hasbeen prepared solely for the convenience of English-speaking readers.Despite all efforts devoted to this translation, there may be somediscrepancies, omissions or approximations. In the event of anydifferences between the Polish and English versions, the Polish versionshall prevail. Vivid Games S.A., its representatives and employeesdisclaim all liability in this regard.