MTG: CHANGE IN NUMBER OF CLASS ‘A’ AND ‘B’ SHARES AND VOTING RIGHTS

Modern Times Group MTG AB (publ.) (‘MTG’), the international entertainment broadcasting group, today announced that MTG’s total number of Class A shares has decreased to 7,930,701 from 15,001,201 in September, following the reclassification of 7,070,500 Class A shares into Class B shares, while the total number of Class B shares has accordingly increased to 57,959,674 from 50,889,174. MTG also holds a total of 850,000 Class C shares. The total number of issued MTG shares therefore remains unchanged at 66,740,375, as does the total share capital at SEK 333,701,875.

Each Class A share has ten voting rights and each Class B and Class C share carries one voting right. The reclassification of Class A shares into Class B shares has therefore reduced the total number of voting rights to 138,116,684 from 201,751,184, and to 137,266,684 when excluding the Class C shares held by MTG. ***

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MTG (Modern Times Group MTG AB (publ.)) is a leading international digital entertainment group and we are shaping the future of entertainment by connecting consumers with the content that they love in as many ways as possible. Our popular entertainment brands span Content Production, TV, Radio and eSports, and are available around the world. Born in Sweden, our shares are listed on Nasdaq Stockholm (‘MTGA’ and ‘MTGB’).

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