GAMES WORKSHOP GROUP PLC 9 January 2024 HALF-YEARLY REPORT Games Workshop Group PLC (‘Games Workshop’ or the ‘Group’) announces its half-yearly results for the 26 week period to 26 November 2023. Highlights: 26 weeks to 26 weeks to 26 November 2023 27 November 2022 Core revenue £235.6m £212.3m Licensing revenue £12.1m £14.3m Revenue £247.7m £226.6m Revenue at constant currency £254.9m £226.6m Core operating profit £83.4m £70.7m Core operating profit at constant currency £87.8m £70.7m Licensing operating profit £11.1m £12.9m Licensing operating profit at constant currency £11.5m £12.9m Operating profit £94.5m £83.6m Profit before taxation £95.2m £83.6m Net increase in cash - pre-dividends paid £85.3m £68.1m Earnings per share 216.9p 202.4p Dividends per share declared and paid in the period 195p 165p Kevin Rountree, CEO of Games Workshop, said: “Games Workshop and the Warhammer hobby are in great shape. We continue to perform well during challenging economic times, delivering record group revenue, profit and dividends in the period. Morale is good at Games Workshop and our hobbyists are having fun too.” 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.warhammer.com See the glossary on page 20 for details on the alternative performance measures (APMs) used by the Group. Where appropriate, a reconciliation between an APM and its closest statutory equivalent is provided.

Investor relations website investor.games-workshop.com General website www.warhammer.com See the glossary on page 20 for details on the alternative performance measures (APMs) used by the Group. Where appropriate, a reconciliation between an APM and its closest statutory equivalent is provided. This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) no. 596/2014 (including as it forms part of the laws of England and Wales by virtue of the European Union (Withdrawal) Act 2018) (‘MAR’). Upon the publication of this announcement, such information will no longer constitute inside information. Ross Matthews, the Company's General Counsel and Company Secretary, is the person responsible for making the notification for the purposes of Article 17 of MAR.

FIRST HALF HIGHLIGHTS 26 weeks to 26 November 2023 and 27 November 2022: Revenue and operating profit at actual rates Core Licensing Total 2023 2022 2023 2022 2023 2022 £m £m £m £m £m £m Trade 136.1 120.9 - - 136.1 120.9 Retail 54.7 48.7 - - 54.7 48.7 Online 44.8 42.7 - - 44.8 42.7 Licensing - - 12.1 14.3 12.1 14.3 Revenue 235.6 212.3 12.1 14.3 247.7 226.6 Cost of sales (72.1) (76.0) - - (72.1) (76.0) Gross profit 163.5 136.3 12.1 14.3 175.6 150.6 Operating expenses (80.1) (65.6) (1.0) (1.4) 81.1 (67.0) Operating profit 83.4 70.7 11.1 12.9 94.5 83.6 Revenue and operating profit at constant currency Core Licensing Total 2023 2022 2023 2022 2023 2022 £m £m £m £m £m £m Trade 140.3 120.9 - - 140.3 120.9 Retail 56.5 48.7 - - 56.5 48.7 Online 45.6 42.7 - - 45.6 42.7 Licensing - - 12.5 14.3 12.5 14.3 Revenue 242.4 212.3 12.5 14.3 254.9 226.6 Cost of sales (73.0) (76.0) - - (73.0) (76.0) Gross profit 169.4 136.3 12.5 14.3 181.9 150.6 Operating expenses (81.6) (65.6) (1.0) (1.4) (82.6) (67.0) Operating profit 87.8 70.7 11.5 12.9 99.3 83.6 Foreign exchange rates Our currency exposures are the euro and US dollar: euro US dollar 2023 2022 2023 2022 Rate used for the balance sheet at the period end 1.15 1.16 1.26 1.21 Average rate used for earnings 1.16 1.17 1.25 1.18

INTERIM MANAGEMENT REPORT Games Workshop and the Warhammer hobby are in great shape. Strategy We have remained focused on delivering our strategic goal - 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. This relentless focus from all in our vertically integrated business, continues to deliver record results. We continue to work tirelessly as a team to ensure we deliver our operational plans, surprising and delighting our fans. It’s worth noting that we have increased our cash buffer in the period to £75 million in line with the current three month cash cost of running Games Workshop - on a rainy day we’d prefer to be able to look after ourselves. Our job is to run the business under all scenarios. Licensing - we own what we believe is some of the best under exploited intellectual property (‘IP’) globally. In the period reported, we have continued to patiently seek partners that can help us fulfil this potential. We will continue to grant licences to carefully chosen partners that respect the need for us to have complete ownership of our unique IP, to ensure no harm is done to the core business: a key risk we highlight every year. We will ensure we do everything we can to make the day to day IP approval process seamless. This process now rests within our Warhammer Studio; with the experts who understand our ambitions and have the IP knowledge.

ensure no harm is done to the core business: a key risk we highlight every year. We will ensure we do everything we can to make the day to day IP approval process seamless. This process now rests within our Warhammer Studio; with the experts who understand our ambitions and have the IP knowledge. Update A solid six month period, successfully delivering the plans we set ourselves at the start of the year; with core revenue growth in all channels and in all major countries. We have improved our core gross margin and managed our operating expenses well, only allowing essential investments. These record results are driven by the launch of a significant number of new products across all of our IPs and the ongoing performance of products we launched in previous periods. We have delivered sales growth at constant currency rates, every month in line with our ambitious plan. Our June 2023 sales performance set a new benchmark for sales in one month driven by sales of our new Warhammer 40,000 core set. We have made significant progress on our other strategic priorities including, as promised, a reduction in our carbon footprint; we are ahead of the milestones presented in the 2023 annual report. It’s worth noting that we don’t need to incentivise our great staff at Games Workshop with bonuses to do this – they believe it’s the right thing to do. It’s on all job specs as part of the day job, including my own.

on footprint; we are ahead of the milestones presented in the 2023 annual report. It’s worth noting that we don’t need to incentivise our great staff at Games Workshop with bonuses to do this – they believe it’s the right thing to do. It’s on all job specs as part of the day job, including my own. Our staff and their team efforts are critical to our ongoing success. We thank them all for their ongoing support and their focus on delivering their department’s goals. We also thank some of them for their resilience – our ongoing IT integration projects can at times test anyone’s patience. Removing 20 year old legacy systems, launching a new online store and maintaining service levels as we deliver the highest volumes ever at our East Midlands Gateway (‘EMG’) warehouse, was never going to be easy. I am very proud of the team's efforts to date. We thank our impacted customers (less than 5%) for their significant patience too. We’ve not had many people retire from Games Workshop. During the period, John Blanche stepped down from his job as art director in our design studio. He is a creative genius, and we thank him for sharing his enormous talents and enthusiasm with us for nearly 40 years. We all wish him well. He leaves us with a well invested and talented Warhammer Studio.