Regulatory press release

MTG: The Nomination Committee proposes one new member to the Board

STOCKHOLM - Modern Times Group MTG AB (publ) ("MTG") today announced that its Nomination Committee proposes the election of Hendrik Klindworth as new member of the MTG Board. The Nomination Committee further proposes the re-election of Simon Duffy as Chair of the Board, as well as the re-election of all current Board members.

Hendrik Klindworth is Executive Chairman of the Board of MTG's Midcore District and the co-founder and Chairman of the Board of InnoGames. He began developing what would become InnoGames' first title, Tribal Wars, in 2003 together with his two co-founders. In 2007, they founded InnoGames, which today is one of Germany's most reputable mobile-first game studios. Hendrik served as CEO from the company's inception until 2025, when he assumed the role of Chairman of the Board of both InnoGames and MTG's Midcore District.

The Nomination Committee proposal entails that the Board shall consist of eight members. The Nomination Committee's complete proposals are presented in the notice convening MTG's 2026 Annual General Meeting, and its motivated statement as well as presentations of the proposed Board members are available on MTG's website.