Announcement of relocation plan to Norway

Reference is made to the Stock Notices dated 30 August 2019, 26 September 2019 and 24 October 2019.

Funcom SE ("Funcom" or the "Company") intends to restart the process to relocate its registered office (statutaire zetel) from Katwijk, the Netherlands to the municipality of Oslo, Norway in order to reduce the burden of administrative expenses and achieve a more efficient group structure. The relocation will not lead to a change of legal entity and the Company will continue to be governed by the current legislation applicable to Dutch listed companies until the relocation to Norway has been completed. After relocation to Norway, the Company will be governed by the legislation applicable to Norwegian public limited liability companies (Norwegian: allmennaksjeloven). The management board has given its approval to the attached relocation plan which will be filed with the Commercial Register of the Chamber of Commerce (Handelsregister van de Kamer van Koophandel) and will be announced in the Dutch newspaper, Trouw, next week.

The relocation plan will require approval by the shareholders at a general meeting (the annual general meeting), which will be held on or about 15 June 2020 in Badhoevedorp, the Netherlands.

The notice to the general meeting as well as the management board's report to the general meeting regarding the relocation, and thereto related documents, will be published on https://newsweb.oslobors.no/ and can after that date also be found on the Company's website www.funcom.com. A separate OSE notification with respect to convening the aforementioned general meeting will follow.

For further information, please contact us by email at: investor@funcom.com.

Funcom SE

Badhoevedorp, the Netherlands, 8 April 2020

This information is subject to the disclosure requirements acc. to §5-12 of vphl (Norwegian Securities Trading Act)