MAG Interactive AB (publ) publishes Interim Report September - November 2020/2021 - Seite 2

After the end of the quarter, we announced the acquisition of Swedish mobile games developer Apprope. Founded in 2012, they are best known for their game WordBubbles, which has reached about 100 MSEK in lifetime sales and has been downloaded ten million times. Last financial year, ending August 2020, Apprope made a profit of 11.4 MSEK. The acquisition was formally closed on January 4, 2021 and will add almost two full months of contribution to our Q2 results.

We continue to execute on our strategy to improve current games and invest in both user acquisition as well as the development of new games to further grow our business. 2021 is off to a great start and I can't wait to see what we can deliver together with our new teams from Apprope and Primetime that have joined in the recent months", says Daniel Hasselberg, CEO of MAG Interactive.

Presentation & Report

On January 20, 2020 at 10:00 CET, CEO Daniel Hasselberg and CFO Magnus Wiklander will present the Interim Report live on Twitch. The presentation will be held in English. Link to the Twitch feed here www.twitch.com/maginteractive. Daniel Hasselberg will also take questions on Twitter during the course of the day, write to @d_hasselberg or @maginteractive. For more information and to read the full report please visithttps://www.maginteractive.com/investors/investor-relations/reports/.

This is information that MAG Interactive AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 08:00 on January 20, 2020.

For additional information, please contact:

Daniel Hasselberg / CEO / [phone] / [e-mail]

Magnus Wiklander / CFO / [phone] / [e-mail]

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https://news.cision.com/mag-interactive/r/mag-interactive-ab--publ--publishes-interim-report-september---november-2020-2021,c3270274

The following files are available for download:

https://mb.cision.com/Main/16579/3270274/1361071.pdf

MAG Interactive (publ) Interim Report Q1 2020/21