01 2023 Summary 02 Financial Review 03 Strategy Update 04 M&A Update 05 Outlook 06 Appendix Keywords Studios plc - 2023 Full Year Results 2

• Resilient performance, growing ahead of Revenue Organic Revenue industry in a tougher year €780m growth • Good revenue growth, with robust organic +13% growth ~9%(1) growth led by Create before US strikes & FX • Operating margins have remained strong, ahead of guidance Adj. Operating Profit M&A • Record year for M&A and strong pipeline ahead €122m €225m • Continued strong strategic execution, with 15.6% margin Total maximum consideration major focus on Strategic Partnerships and consideration Technology Technology (1) ~6% reported organic growth Keywords Studios plc - 2023 Full Year Results 3

near-term market volatility, with medium-term trends overwhelmingly positive Resilient performance, growing ahead of Revenue Organic Revenue Near-term Medium-term growth • Streamlined content pipeline, focused on larger IPs • Clients looking at business models and variable costs Good demand for high-quality Create talent High-quality before US strikes & FX • • talent remains in short supply • Clients continue to be highly cost conscious • Games seen as a must have channel for owners of IP I of guidance ahead (Disney/Epic) • Job losses ongoing at the beginning of 2024 • Scaled platform increasingly important to client needs • Post strike Hollywood ramp-up slowly taking place Viewers and Total maximum major focus on Strategic Partnerships and • increased player numbers continue to rise requiring Technology content generation Scaled and diversified enabler of the industry – able to meet evolving client requirements and navigate current industry headwinds Keywords Studios plc - 2023 Full Year Results 4

market with plenty to go after Clear market leader, Video games content creation market is growing rapidly 3x size of next competitor… 2023 TAM 2028 TAM Market share versus competitors (%) 38bn 56bn #2 #3 #4 #5 ~90% white space opportunity 13bn 20bn 34% 25bn 37% 36bn Overall spend on video 66% 63% game content ~8% five-year CAGR(1) Externalised services >9% market five-year CAGR(1) Internal spend on content creation External spend on content creation (1) Source: IDG Consulting (2023-2028) Keywords Studios plc - 2023 Full Year Results 5

Track record of successfully transforming the business to add shareholder value 2013 Revenue 2018 Revenue 2023 Revenue 21% 14% 28% 43% 100% 58% 36% Create Globalize Engage Transformed from 100% localization business to well balanced portfolio with >40% of revenues and >50% of profits coming from high-end Create services Keywords Studios plc - 2023 Full Year Results 6

model with a long-track record of value creation ~€100m +10% Acquisition spend per year Organic Growth Focus on Game Dev, Marketing, Technology and Adjacencies Cash +80% D ~15% conversion Adjusted Operating margin Firmly on track to becoming a +€1bn revenue business Keywords Studios plc - 2023 Full Year Results 7