Reminder: Last day to subscribe in Jumpgate AB’s ongoing rights issue

THIS PRESS RELEASE MAY NOT BE MADE PUBLIC, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEELAND, SINGAPORE, SOUTH AFRICA, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH ACTIONS, WHOLLY OR IN PART, WOULD BE UNLAWFUL. THIS PRESS RELEASE DOES NOT CONSTITUTE AN OFFER TO BUY SECURITIES IN JUMPGATE AB. SEE ALSO IN THE SECTION "IMPORTANT INFORMATION" BELOW.

Wednesday, June 5, 2024, is the last day to subscribe for shares in Jumpgate AB's ("Jumpgate" or the "Company") rights issue of shares amounting to approximately SEK 28.6 million (the "Rights Issue"). However, please note that some banks and custodians may have a subscription deadline that falls before June 5, 2024. Therefore, shareholders should check with their bank or custodian to see if they have an earlier subscription deadline. The last day for trading subscription rights on NGM Nordic SME is today, May 31, 2024.

The information memorandum, containing full terms and instructions, is available at Jumpgate's headquarters and on the Company's (www.jumpgategames.se), Nordic Growth Market (www.ngm.se), Nordicap Corporate Finance (www.nordicap.se), and Aqurat Fondkommission (www.aqurat.se) websites. Subscription forms and other relevant information are available throughout the subscription period on the aforementioned websites.

Summary

• One (1) existing share in the Company entitles the holder to one (1) subscription right. One hundred (100) subscription rights entitle the holder to subscribe for ninety-nine (99) new issued shares in the Rights Issue.
• The subscription price is set at SEK 0.06 per newly issued share.
• Fully subscribed, the Rights Issue will contribute ca 28.6 MSEK to Jumpgate before transaction costs.
• In connection with the Rights Issue, the Company has received subscription commitments of approximately SEK 6.5 million, corresponding to approximately 22.7 percent of the Rights Issue, from existing investors with significant industry experience, including Jimmy Jönsson, Susana Meza Graham (through a company), F1 Funds AS, F2 Funds AS, and Infundo AB (controlled by Viktor Modigh and Marcus Jacobs).
• Additionally, a number of existing shareholders and external investors, including Jimmy Jönsson, Alexander Ivarsson, F2 Funds AS, and Nowo Global Fund, have entered into guarantee commitments of approximately SEK 22.1 million, corresponding to approximately 77.3 percent of the Rights Issue. Therefore, the Rights Issue is fully covered by subscription commitments and guarantee commitments.

Time plan for the Rights Issue

Advisors

Nordicap Corporate Finance AB (www.nordicap.se) is a financial advisor to Jumpgate in connection with the Rights Issue and the Conversion Issue. Aqurat Fondkommission AB (www.aqurat.se) is issue institute.

Important Information

Publication, release or distribution of this press release may in certain jurisdictions be subject to legal restrictions and persons in the jurisdictions where this press release has been made public or distributed should be informed of and follow such legal restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with applicable rules in each jurisdiction. This press release does not constitute an offer or solicitation to buy or subscribe for any securities in Jumpgate in any jurisdiction, either from Jumpgate or from anyone else. This press release is not a prospectus according to the definition in Regulation (EU) 2017/1129 ("the Prospectus Regulation") and has not been approved by any regulatory authority in any jurisdiction. An information memorandum will be prepared by the Company and published on the Company's website.

There is no intention to register any securities mentioned herein in the United States or to issue a public offering of such securities in the United States. The information in this press release may not be released, published, copied, reproduced or distributed, directly or indirectly, wholly or in part, in or to Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, the United States or any other jurisdiction where the release, publication or distribution of this information would violate current rules or where such an action is subject to legal restrictions or would require additional registration or other measures beyond those that follow from Swedish law. Actions in contravention of this instruction may constitute a violation of applicable securities legislation.

Forward-looking statements

This press release contains forward-looking statements related to the Company's intentions, estimates or expectations with regard to the Company's future results, financial position, liquidity, development, outlook, estimated growth, strategies and opportunities as well as the markets in which the Company is active. Forward-looking statements are statements that do not refer to historical facts and can be identified by the use of terms such as "believes," "expects," "anticipates," "intends," "estimates," "will," "may," "implies," "should," "could" and, in each case, their negative, or comparable terminology. The forward-looking statements in this press release are based on various assumptions, which in several cases are based on further assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there is no guarantee that they will occur or that they are correct. Since these assumptions are based on assumptions or estimates and involve risks and uncertainties, actual results or outcomes, for many different reasons, may differ materially from those what is stated in the forward-looking statements. Due to such risks, uncertainties, eventualities and other significant factors, actual events may differ materially from the expectations that expressly or implicitly are contained in this press release through the forward-looking statements. The Company does not guarantee that the assumptions which serve as a basis for the forward-looking statements in this press release are correct, and each reader of the press release should not rely on the forward-looking statements in this press release. The information, opinions and forward-looking statements that expressly or implicitly are stated herein are provided only as of the date of this press release and may change. Neither the Company nor any other party will review, update, confirm or publicly announce any revision of any forward-looking statement to reflect events that occur or circumstances that arise with respect to the contents of this press release, beyond what is required by law or NGM Nordic SME's rules for issuers.

Potential investors should not put undue faith in the forward looking information herein, and potential investors are strongly encouraged to read the parts of the information memorandum including a more detailed description of factors that may impact the Company's activities and the market where the Company operates.