Resolutions at the Extraordinary General Meeting in Starbreeze AB on May 24, 2023

24 May 2023 11:00

At the Extraordinary General Meeting (EGM) which was held today on May 24, 2023, it was resolved to approve the Board of Directors’ resolution on a rights issue.

On April 28, 2023, the Board of Directors resolved on a new share issue with preferential rights for the Company’s shareholders (the “Rights Issue”), and on May 23, 2023 the Board of Directors resolved on the full terms and conditions for the Rights Issue. The Rights Issue resolution was subject to the approval of the general meeting, and the EGM today approved the Board of Directors’ resolution.

The resolution by the EGM was supported by shareholders representing at least two-thirds of both the votes cast and the shares represented at the EGM, disregarding the shares represented by Digital Bros S.p.A. at the EGM. As a result, the condition attached by the Swedish Securities Council to the waiver from the mandatory bid requirement that may be triggered by the satisfaction of Digital Bros S.p.A’s underwriting commitment in respect of the Rights Issue was fulfilled (please see AMN 2023:19).

For more information, please contact:

Torgny Hellström, Chairman of the Board

torgny.hellstrom@starbreeze.com

The information was submitted for publication, through the agency of the contact person set out above, at 11.00 a.m. CEST on May 24, 2023.

About Starbreeze

Starbreeze is an independent developer, publisher, and distributor of PC and console games targeting the global market, with studios in Stockholm, Barcelona, Paris and London. Housing the smash hit IP PAYDAY™, Starbreeze develops games based on proprietary and third-party rights, both in-house and in partnership with external game developers. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share). For more information, please visit www.starbreeze.com