Change in the number of shares and votes in Starbreeze AB

STOCKHOLM, SWEDEN 31 May 2022 – Starbreeze AB today announces that the number of Class B shares increased by 50,000 and the number of Class A shares decreased by the same number during May due to the company’s ongoing conversion program. The number of votes decreased by 450,000.

In accordance with the articles of association Class A shares shall, upon request of the holder of such shares, be converted into Class B shares. In May, 50,000 Class A shares were converted into Class B shares, which did not change the total number of shares but reduced the number of votes.

As of 31 May 2022, Starbreeze share capital amounts to SEK 14,492,185 distributed among a total of 724,609,266 shares, of which 166,321,768 Class A shares and 558,287,498 Class B shares. The number of votes amounts to 2,221,505,178.

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For more information, please contact:

Mats Juhl, CFO

Tel: +46(0)8-209 229, email: ir@starbreeze.com

This information is information that Starbreeze AB is obliged to make public pursuant to the Financial Instruments Trading Act. The information was submitted for publication at 14:00 CET on 31 May 2022.

About Starbreeze

Starbreeze is an independent developer, creator, publisher and distributor of PC and console targeting the global market, with studios in Stockholm, Barcelona and Paris. Housing the smash hit IP PAYDAY, Starbreeze develops games based on proprietary and third-party rights, both in-house and in partnership with external game developers. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share).