GAMES WORKSHOP GROUP PLC 10 January 2023 HALF-YEARLY REPORT Games Workshop Group PLC (‘Games Workshop’ or the ‘Group’) announces its half-yearly results for the 26 week period to 27 November 2022. Highlights: 26 weeks to 26 weeks to 27 November 2022 28 November 2021 Core revenue £212.3m £191.5m Licensing revenue £14.3m £20.1m Revenue £226.6m £211.6m Revenue at constant currency £211.7m £211.6m Core operating profit £70.7m £69.7m Licensing operating profit £12.9m £18.8m Operating profit £83.6m £88.5m Operating profit at constant currency £75.7m £88.5m Profit before taxation £83.6m £88.2m Net increase in cash - pre-dividends paid £68.1m £41.4m Earnings per share 202.4p 217.2p Dividends per share declared in the period 165p 100p Dividends per share paid in the period 165p 115p Kevin Rountree, CEO of Games Workshop, said: “Games Workshop and the Warhammer hobby are in great shape. Another rewarding and successful period for the global team with core sales for the six months of over £200 million for the first time. We will continue to focus on making the best miniatures in the world, sign new licensing contracts with partners to exploit our IP outside of our core business and support our staff. I’m so proud of their considerable hard work and commitment, thank you all.” For further information, please contact: Games Workshop Group PLC [email protected] Kevin Rountree, CEO Rachel Tongue, CFO Investor relations website investor.games-workshop.com General website www.games-workshop.com

proud of their considerable hard work and commitment, thank you all.” For further information, please contact: Games Workshop Group PLC [email protected] Kevin Rountree, CEO Rachel Tongue, CFO Investor relations website investor.games-workshop.com General website www.games-workshop.com See the glossary on page 84 of the 2022 annual report for details on the alternative performance measures.

FIRST HALF HIGHLIGHTS 26 weeks to 27 November 2022 and 28 November 2021: Revenue and operating profit at actual rates Core Licensing Total 2022 2021 2022 2021 2022 2021 £m £m £m £m £m £m Trade 120.9 108.1 - - 120.9 108.1 Retail 48.7 41.9 - - 48.7 41.9 Online 42.7 41.5 - - 42.7 41.5 Licensing - - 14.3 20.1 14.3 20.1 Revenue 212.3 191.5 14.3 20.1 226.6 211.6 Cost of sales (76.0) (60.2) - - (76.0) (60.2) Gross profit 136.3 131.3 14.3 20.1 150.6 151.4 Operating expenses (65.6) (61.6) (1.4) (1.3) (67.0) (62.9) Operating profit 70.7 69.7 12.9 18.8 83.6 88.5 Revenue and operating profit at constant currency Core Licensing Total 2022 2021 2022 2021 2022 2021 £m £m £m £m £m £m Trade 111.8 108.1 - - 111.8 108.1 Retail 46.0 41.9 - - 46.0 41.9 Online 41.3 41.5 - - 41.3 41.5 Licensing - - 12.6 20.1 12.6 20.1 Revenue 199.1 191.5 12.6 20.1 211.7 211.6 Cost of sales (71.4) (60.2) - - (71.4) (60.2) Gross profit 127.7 131.3 12.6 20.1 140.3 151.4 Operating expenses (63.2) (61.6) (1.4) (1.3) (64.6) (62.9) Operating profit 64.5 69.7 11.2 18.8 75.7 88.5 Foreign exchange rates Our currency exposures are the euro and US dollar: euro US dollar 2022 2021 2022 2021 Rate used for the balance sheet at the period end 1.16 1.18 1.21 1.33 Average rate used for earnings 1.17 1.17 1.18 1.37

INTERIM MANAGEMENT REPORT Games Workshop and the Warhammer hobby are in great shape. Strategy The half year feels like a good time to remind everyone what Games Workshop is aiming for and achieving: ● We are committed to the continuous development of our intellectual property (‘IP’) and making the Warhammer hobby and our business ever better. ● We are committed to our core strategy (and it has not changed): to make the best fantasy miniatures in the world, to engage and inspire our customers, and to sell our products globally at a profit. We intend to do this forever. Our decisions are focused on long-term success, not short-term gains. ● We are committed to exploiting our IP outside of our core business, globally through licensing agreements. We measure our long-term success by seeking a high return on investment. In the short term, we measure our success on our ability to grow sales whilst maintaining our core operating profit margins. The way we go about implementing this strategy is to recruit the best staff we can. We look for those with the appropriate attitude and behaviour a given job requires, and for those who are aligned with our principles and who are quality obsessed. Update The global team has delivered another record half year sales performance led by a great recovery in all channels in Australia, Canada and the UK. We have added an additional 119 trade outlets in North America and although our global online sales in constant currency have declined slightly (in line with our forecasts) our core engagement online metrics continue to grow.

led by a great recovery in all channels in Australia, Canada and the UK. We have added an additional 119 trade outlets in North America and although our global online sales in constant currency have declined slightly (in line with our forecasts) our core engagement online metrics continue to grow. We set ourselves a higher sales growth goal, so whilst this is a record number, it isn’t where we wanted to be, particularly in the US, which was flat, at constant currency, against a record year last year. We are working as a senior team to improve our joined up plan in the US. Our current level of global sales is relatively new to us, so we are rapidly changing and learning as we go: managing and forecasting new release products for our broad range, at our highest ever volumes, is a reasonable challenge. We are working even harder on range management processes to ensure our whole offer gets its due attention at all times: as a team we need to scale with a little more nous. Our global projects continue to be delayed - it remains an ongoing challenge to integrate new IT systems when we are still heavily reliant on working with our legacy IT systems. Finishing these projects and upgrading our systems continue to be a key area of focus. We are making some progress but it’s costing us more time and money - we will remain cost conscious. Our operating costs have been managed exceptionally well and are in line with our internal targets but our core gross margin at actual rates is 4.3% down (see below). We continue to face external cost pressures so we are managing the ones in our control appropriately.

will remain cost conscious. Our operating costs have been managed exceptionally well and are in line with our internal targets but our core gross margin at actual rates is 4.3% down (see below). We continue to face external cost pressures so we are managing the ones in our control appropriately. We know that ongoing success is built on our investment in our global team, especially in our design studios: they will always design the best miniatures. During the period that has continued. Our core average return on capital employed, averaged over a 12 month period, has remained in our target range at 112% at November 2022 compared to 118% at May 2022. We are very confident in the Warhammer hobby, and our business model and its resilience.