Embracer Group acquires Silent Games - Seite 2

Silent Games becomes a fully owned subsidiary of Amplifier, joining the ranks of 8 other wholly or majority owned game development studios already part of the Amplifier family. Amplifier Game Invest is one of the six operating groups within Embracer Group.

Purchase Price

The parties have agreed not to disclose the full transaction terms due to commercial reasons. The terms for the transaction are in line with previous Amplifier transactions - including an earnout up until 2031 (approximately 10 years).

Completion of the transaction

The transaction is not subject to any further condition and is completed as of November 18, 2020.

Advisers

Ernst & Young AB is providing transaction support and Baker McKenzie is acting as legal counsel to Embracer in the transaction.

For additional information, please contact:

Lars Wingefors, Co-founder and Group CEO Embracer Group AB
Tel: [phone]
E-mail: [e-mail]

Per-Arne Lundberg, CEO Amplifier Game Invest
Tel: [phone]
E-mail: [e-mail]

Sally Blake, Co-founder and CEO Silent Games Studios
Tel: [phone]
E-mail: [e-mail]

About Embracer Group

Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market. Embracer Group has an extensive catalogue of over 190 owned franchises, such as Saints Row, Goat Simulator, Dead Island, Darksiders, Metro, MX vs ATV, Kingdoms of Amalur, TimeSplitters, Satisfactory, Wreckfest, Insurgency and World War Z, amongst many others.

With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its six operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive and DECA Games. Embracer Group has 46 internal game development studios and is engaging more than 4,000 employees and contracted employees in more than 40 countries.

Embracer Group's shares are publicly listed on Nasdaq First North Growth Market Stockholm under the ticker EMBRAC B with FNCA Sweden AB as its Certified Adviser; [e-mail] [phone].

Subscribe to press releases and financial information: https://embracer.com/investors/subscription/

For more information, please visit: http://www.embracer.com

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Embracer Group acquires Silent Games