Rovio Entertainment Corp.: Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act

Rovio Entertainment Corporation, Stock Exchange Release, August 18, 2023 at 1.00 p.m. EET

Flagging notification in accordance with Chapter 9, Section 10 of the Securities Markets Act

Rovio Entertainment Corporation (the "Company") has received a notification pursuant to Chapter 9, Section 5 of the Securities Markets Act from Sega Sammy Holdings Inc. According to the notification, the holding of Sega Europe Limited in the Company's shares and votes increased above the 2/3 threshold on August 17, 2023.

Notified details of the resulting situation on the date on which the threshold was crossed or reached:

A: Shares and voting rights

B: Financial instruments according to SMA 9:6a

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or le-gal entity:

Additional information

Sega Europe Limited has completed its cash tender offer for all of the issued and outstanding shares and options in Rovio Entertainment Corporation. Based on the final result of the offer, the 73,397,174 shares in Rovio validly tendered in the offer represent approximately 96.3 percent of all issued and outstanding shares and votes in Rovio (i.e., excluding the 6,784,762 treasury shares held by Rovio). Trades regarding the tendered shares and options were executed on August 17, 2023.

ROVIO ENTERTAINMENT CORPORATION

More information:
Rene Lindell, CFO
Investor Relations phone: +358 40 730 3442
RovioIR@rovio.com

Distribution:
Nasdaq Helsinki Ltd
Key media
https://investors.rovio.com/en

About Rovio:
Rovio Entertainment Corporation is a global mobile-first games company that creates, develops and publishes mobile games, which have been downloaded over 5 billion times. Rovio is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment, animations and consumer products in brand licensing. Rovio has produced The Angry Birds Movie (2016), and its sequel, The Angry Birds Movie 2 was released in 2019. The company offers multiple mobile games and has eight game studios – one in Espoo (Finland), one in Stockholm (Sweden), one in Copenhagen (Denmark), one in Barcelona (Spain), two in Montreal and one in Toronto (Canada). The studios also include a subsidiary in Izmir (Turkey) called Ruby Games, which was acquired in 2021. Most of the employees are based in Finland where Rovio is headquartered. The company’s shares are listed on the main list of Nasdaq Helsinki stock exchange with the trading code ROVIO.