J Contents Year 2024........................................................................ 3 • Highlights..........................................................................3 • Facts and Key Financial performance ..............................4 • Platform expansion of Game portfolio ............................4 • A word from the CEO.......................................................6 Nitro Games in short ...................................................... 7 Strategy and business model ......................................... 8 • Market ..............................................................................8 • Strategy and Goals ...........................................................8 • Market position and customers........................................9 • Business model.................................................................9 • Technology and processes .............................................10 • Games and Portfolio ......................................................10 • Service business projects ..............................................11 • Team................................................................................11 Team.

.............................................10 • Games and Portfolio ......................................................10 • Service business projects ..............................................11 • Team................................................................................11 Team. 1 1 Corporate governance .................................................12 • General Information on the 12 Administration of the Company.....................................12 • Annual General meeting.................................................13 • The Board of Directors ...................................................13 • Presentation of the members of the 13 Board of Directors .........................................................14 • Management Board ........................................................15 • Auditor............................................................................16 • Related party transactions..............................................16 • Insiders............................................................................16 • Remuneration reports ....................................................17 • Annual general meeting 2025 ........................................17 Remuneration reports 17 Finacial statement 2024 ............................................... 18 Auditor’s report............................................................ 60 Finacial statement 2024 18 Auditor's report 60

Highlights Profitable growth with record revenues • Profitable growth with record revenues • Strongs focus on the category of action and shooter games • Expansion of the game portfolio to new platforms: Autogun Heroes publishing agreement • Autogun Heroes publishing agreement with Supersonic from Unity & expansion to web with CrazyGames Autogun Heroes: Supercharged • Autogun Heroes: Supercharged announced on PC in Steam NERF: Superblast in live phase on mobile • NERF: Superblast in live phase on mobile • Cross-platform game Warframe launched on iOS with Digital Extremes • Multiplatform development project with Netflix N * R

Facts and Key Financial performance Full year 2024 Full year 2023 Revenue (EUR thousand) 11,392.1 8,841.6 Operating profit/loss (EBIT) (EUR thousand) 654.2 -3,024.8 Operating profit/loss % (EBIT %) 5.7 % -34.2 % EBITDA (EUR thousand) 2,414.3 -1,716.6 EBITDA % 21.2 % -19.4 % Net profit /loss (EUR thousand) 475.3 -3,283.1 Equity ratio (%) 32.5% 18.9% Number of shares, average 24,924,364 17,440,052 Number of shares, average diluted 24,924,364 17,440,052 Number of shares at the end of the period 24,924,364 24,924,364 Number of share options 2,528,618 3,648,264 Number of special rights 693,663 2,000,139 Equity per share (EUR) 0.10 -0.07 Earnings per share (EUR) undiluted 0.02 -0.19 Earnings per share (EUR) diluted 0.02 -0.19 Net debt (EUR thousand) 3,139.4 5,152.9 Number of employees, average 47 48 Revenue & Profit / Loss 12,000 11,392.1 10,000 8,841.6 8,000 6,000 REVENUE (KEUR) 4,000 2,000 2,414.3 EBITDA (KEUR) 0 -1,716.6 -2,000 2023 2024 The above graph illustrates the development of Revenue and EBITDA generation 2023-2024. Platform expansion of Game portfolio 5 key projects and customers at the end of 2024. 5 key projects and cu Z4. AUTOGUN HEROES: NERF AUTOGUN SUPERK JTOGUN CHARGED ARFRA HERTES AUTOGUN HEROES AUTOGUN HEROES: NERF: SUPERBLAST DIGITAL EXTREMES NETFLIX SUPER CHARGED

Record year across the board 2024 was a record year for us in many quality ways. We succeeded in delivering and growth in our game portfolio, resulting in systematic improvements in our financial performance. Our revenues grew 29%, surpassing the 10 million EUR milestone, landing at 11.4 million EUR. Our EBITDA improved 241% year-on-year, with a margin of 21%, totaling 2.4 million EUR. At the same time, our balance sheet improved as we amortized 1.8 million EUR in previously capitalized development costs, repaid 1.4 million EUR in loans, and raised 0.3 million EUR in new funding from Business Finland. This improved our financial stability and our ability to continue improving profitability moving forward. These strong figures result from our persistent efforts in expanding our CEO game portfolio while also controlling costs THE to navigate uncertain times. I’m excited to FROM see what we’ll achieve moving forward as WORD the industry continues to improve and new opportunities emerge. A the industry continues to improve and new opportunities emerge. – JUSSI TÄHTINEN, CEO JUSSI TÄHTINEN, CEO

A word from the CEO Record Year Across the Board 2024 was a record year for us in many ways. We succeeded in delivering quality and growth in our game portfolio, resulting in systematic improvements in our financial performance. Our revenues grew 29%, surpassing the 10 million EUR milestone, landing at 11.4 million EUR. Our EBITDA improved 241% year-on-year, with a margin of 21%, totaling 2.4 million EUR. At the same time, our balance sheet improved as we amortized 1.8 million EUR in previously capitalized development costs, repaid 1.4 million EUR in loans, and raised 0.3 million EUR in new funding from Business Finland. This improved our financial stability and our ability to continue improving profitability moving forward. These strong figures result from our persistent efforts in expanding our game portfolio while also controlling costs to navigate uncertain times. I’m excited to see what we’ll achieve moving forward as the industry continues to improve and new opportunities emerge. 2024 marked several key developments in our game portfolio. We collaborated with leading brands such as Warframe by Digital Extremes (part of Tencent), NERF by Hasbro, and Netflix. We also built value in our own brands, Autogun Heroes and Superblast, while working on yet-to-be-announced projects. Additionally, we expanded our business to new platforms, announcing Autogun Heroes for web and PC. Of course, we also experienced the thrill of game launches, with Warframe launching on iOS in February. Overall, we’re seeing increasing demand in our category for cross-platform games having a mobile version in the platform mix.