On 8 June 2022 the Annual General Meeting of MTG resolved on a reduction of the share capital by SEK 5,269,340 by way of cancellation of 1,053,868 shares of class B repurchased under MTG's repurchase program carried out between 2 May 2022 and 7 June 2022. The reduction of the share capital by way of cancellation of repurchased shares was completed in September 2022.

As of 30 September 2022, the number of shares and votes in MTG therefore amounts to 134,035,940 shares and 138,946,898 votes. The total number of shares consist of 545,662 shares of class A, 127,165,935 shares of class B and 6,324,343 shares of class C.

As of 30 September 2022, MTG holds a total of 2,460,433 Class B shares and 6,324,343 Class C shares and may not represent such shares at general meetings of the company.

This disclosure contains information that MTG is obliged to make public pursuant to the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication, through the agency of the contact person, on 30-09-2022 13:00 CET.

For more information:

Anton Gourman, VP Communications and IR Direct: +46 73 661 8488, anton.gourman@mtg.com

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About MTG

MTG (Modern Times Group MTG AB (publ.)) (www.mtg.com) is an international mobile gaming group that owns and operates gaming studios with popular global IPs across a wide range of casual and mid-core genres. The group is focused on accelerating portfolio company growth and supporting founders and entrepreneurs. MTG is an active driver of gaming industry consolidation and a strategic acquirer of gaming companies around the world. We are born in Sweden but have an international culture and global footprint. Our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).