*Contains inside information
 
Trophy Games Development A/S ("Trophy Games" or the "Company") today announces that the Board of Directors has resolved to launch an accelerated bookbuilding process (the "Bookbuilding") in connection with a contemplated directed issue of new shares (the "Directed Issue") to selected qualified and institutional investors. Västra Hamnen Corporate Finance AB and Norden CEF A/S have been assigned as Financial Advisors to the Company and act as Joint Bookrunners in the Accelerated Bookbuilding.

The purpose of the contemplated Directed Issue is to strengthen the Company's financial position and provide additional financial flexibility to pursue strategic growth opportunities, including potential acquisitions of complementary businesses, gaming assets, intellectual property rights and technologies, as well as for general corporate purposes.

The Board of Directors believes that the gaming industry continues to offer attractive consolidation opportunities and that Trophy Games should be well positioned to capitalize on such opportunities as they arise.

The contemplated Directed Issue is expected to be carried out pursuant to the authorization granted to the Board of Directors under Article 3.2 of the Company's Articles of Association. Pursuant to this authorization, the Board of Directors may increase the Company's share capital by up to nominal DKK 133,313 through one or more capital increases without pre-emptive rights for the Company's existing shareholders.

The Board of Directors believes that a directed issue conducted through an accelerated bookbuilding process represents an efficient method of raising capital, enabling the Company to strengthen its balance sheet while maintaining the flexibility required to execute on strategic opportunities and potential acquisitions.

The accelerated bookbuilding process will commence immediately following publication of this company announcement and will remain open until the Board of Directors determines otherwise, but no later than 10 June 2026 at 08:50 CET.

The Company reserves the right, at any time and for any reason, to close the bookbuilding process earlier, extend the bookbuilding period or terminate the process without completing the Directed Issue.

Jan Lehrmann, Chairman of the Board, comments:
"The Board sees attractive opportunities for Trophy Games to strengthen its position through strategic acquisitions and partnerships. The contemplated capital raise is intended to ensure that the Company has the financial flexibility to pursue such opportunities and continue creating long-term value for shareholders."

Søren Gleie, CEO, comments:
"We continue to see opportunities to expand Trophy Games through acquisitions and investments that can strengthen our portfolio, technology platform and market position. Additional capital would provide increased flexibility to execute on opportunities that support our long-term growth ambitions."

The final terms of the Directed Issue, including the subscription price, the number of new shares to be issued and the gross proceeds, will be determined by the Board of Directors following completion of the accelerated bookbuilding process.
The Company expects to announce the outcome of the accelerated bookbuilding process through a separate company announcement before the opening of trading on Nasdaq First North Growth Market Denmark on 10 June 2026.

Advisors
Västra Hamnen Corporate Finance AB and Norden CEF A/S have been assigned as Financial Advisors to the Company and act as Joint Bookrunners in the accelerated bookbuilding process.