Escalation of the situation in Ukraine
G5 Entertainment is following the escalation in Ukraine closely; we currently have no reports of our staff being involved in any hostilities. We recommend our employees to follow the advice of the Ukrainian president to shelter at home and not relocate at this point. We have some employees that have relocated earlier whilst the majority remains in their hometowns. At this point we have given the Ukrainian employees two days off so that they can look after themselves and their family and friends.
We remain committed to our employees wherever they are situated and are doing our best to support them through the immediate situation and will evaluate ongoingly which measures are best suited to support them going forward.
G5 Entertainment is a global gaming company with employees in multiple locations. The company’s games are run from servers that are based outside the areas involved in the conflict and distributed globally. Short term our operations will not be impacted in any significant way, and we are at this point focusing on supporting our employees.
For additional information, please contact:
Vlad Suglobov, CEO, investor@g5e.com
Stefan Wikstrand, CFO, +46 76 00 11 115
About G5 Entertainment
G5 Entertainment AB (Publ) (G5) develops and publishes high quality free-to-play games for smartphones, tablets and personal computers that are family friendly, easy to learn, and targeted at the widest audience of both experienced and novice players. The company distributes its games through the G5 Store, Apple App store, Google Play, Amazon Appstore and Microsoft Store. The company’s portfolio includes popular games like Jewels of Rome™, Sherlock: Hidden Match-3 Cases™, Jewels of the Wild West®, Hidden City®, Mahjong Journey®, The Secret Society® and Wordplay: Search Word Puzzle™.
Through its head entity G5 Entertainment AB (Publ), G5 Entertainment Group is publicly listed on Nasdaq Stockholm’s main market mid cap segment under trade symbol G5EN.ST. For six years in a row, G5 Entertainment was ranked in Deloitte’s Top 50 Fastest Growing Tech Companies in Sweden.
More information about G5 Entertainment can be found at: https://corporate.g5e.com