AGENDA 1 Q4 2024 Review 2 Q4 and FY Financial Results 3 Outlook 4 Questions & Answers Tero Virtala Santtu Kallionpää CEO CFO

Q4 2024 HIGHLIGHTS Revenue increased by 13.1% to EUR 11.7 (10.3) million ‒ Revenue increased by 13.1% to EUR 11.7 (10.3) million EBITDA increased to EUR -0.6 (-3.9) million, 4.9% (-37.4%) of revenue ‒ EBITDA increased to EUR -0.6 (-3.9) million, 4.9% (-37.4%) of revenue ‒ Operating profit was EUR -1.4 (-12.8) million, and the operating profit margin was -11.9% (-123.9%) ‒ Cash flow from operations was EUR -1.2 (0.1) million ‒ In October, Remedy announced The Lake House expansion to Alan Wake 2 and the physical edition became available ‒ In October, Remedy announced FBC: Firebreak, a three-player cooperative multiplayer first-person shooter set in the mysterious world of Control that will be self-published in 2025 world of Control that will be self-published in 2025 ‒ Alan Wake 2 sales exceeded two million units and the game recouped its development fees and marketing investments recouped its development fees and marketing investments

ALAN WAKE 2 SALES AND RECOUP Sales exceeded 2M units by the end of 2024 Recouped the development fees and marketing investments Royalties nET accrued towards the end of the quarter the end of the quarter

FULL YEAR 2024 ‒ Revenue increased by 49.3% to 50.7 million (33.9) ‒ EBITDA was 2.5 million (-17.0), 5.0% (-50.0%) of revenue ‒ Operating profit was -4.3 million (-28.6), and the operating profit margin was -8.4% (-84.4%) ‒ Cash flow from operations was 12.3 million (-16.0) ‒ In February, Remedy acquired full rights to the Control franchise from 505 Games ‒ In August, Remedy and Annapurna announced a strategic partnership agreement ‒ In September, Remedy entered into a EUR 15 million unsecured convertible loan agreement with Tencent ‒ In October, we announced FBC: Firebreak, which will be self-published in 2025

SIGNIFICANT DEVELOPMENTS IN 2024 ꟷ Control rights acquired ꟷ Greatly improved ways of working ꟷ Annapurna Pictures partnership ꟷ Major technology and tools progress ꟷ Convertible loan from Tencent ꟷ Strengthened game teams Transition to self-publishing Clearly better development velocity Steady release cadence for the next years Steady release cadence for the next years

DEVELOPMENTS IN 2024 ALLOWED US TO PUBLISHING CO SELF BY PARTNER PUBLISHING PUBLISHING