Nitro Games Oyj: Managers’ Transactions

Person subject to the notification requirement

Name:                                                        Egmont Holding Oy
Position:                                                    Closely associated person

Person discharging managerial responsibilities in issuer

Name:                                                        Mikkel Weider

Position:                                                     Member of the board

Name:                                                        Tobias Andersson

Position:                                                     Member of the board

Notification type:                                       Initial notification
Issuer Name:                                              Nitro Games Oyj
LEI:                                                           743700XPEJZPMWDULF59

Transaction details
Transaction date:                                        2021-12-1

Venue:                                                       First North Sweden (FNSE)

                                                                 Outside a trading venue

Nature of transaction:                                 Subscription

Instrument:                                                 Share

ISIN:                                                         FI4000242961
Volume:                                                     2 222 222
Unit price:                                                  9,00 SEK

Aggregated transactions
Volume:                                                    2 222 222
Volume weighted average price:                  9,00 SEK

For more information:

Jussi Tähtinen, CEO & Co-Founder

Phone: +358 44 388 1071

Email: jussi@nitrogames.com

Nitro Games in brief:

Nitro Games is a free-to-play mobile game developer and publisher. Nitro Games team is a multinational group of mobile gaming professionals that has the expertise from development to publishing to live-operations. The company focuses on producing mobile games with high production value for mid-core audience. Nitro Games is specialized in the category of shooter games. With Nitro Games’ powerful NG Platform and the NG MVP process, the company is able to carry out market validation with its games during development. Nitro Games has developed games based on its own IP such as Lootland, Heroes of Warland, Medals of War, Raids of Glory. The company offers its services also to selected customers and has developed several successful projects to leading mobile gaming companies.

Nitro Games’ shares are listed on Nasdaq First North Growth Market with the ticker NITRO. The Certified Adviser is FNCA Sweden AB, info@fnca.se, +468 528 00399.

www.nitrogames.com

Finnish Business ID: FI21348196