Delivering for Our Stakeholders

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Delivering for Our Stakeholders STRATEGIC REPORT CHAIRMAN’S STATEMENT DAVID GAMMON, NON-EXECUTIVE CHAIRMAN DELIVERING FOR OUR STAKEHOLDERS We are well positioned for the future. I am pleased to report on another healthy Our long-term ambition to become a global At the AGM in October 2018 our Chief Operating year for Frontier. Our first two franchises leader in entertainment remains on plan. Officer, David Walsh, will transition to a continued to perform well, and our We are scaling up to continue our multi-franchise Non-Executive Director role in order to team did a terrific job on the development success story through the development and focus his attention on a start-up opportunity and successful launch of Jurassic growth of our internal capabilities together outside of the games industry. I would like World Evolution in June 2018. Our chosen with an expanding use of external resources. to thank David for his 17 years of excellent business model of multi-franchise Our proven ability to both launch and sustain service to Frontier, and I am delighted that self-publishing is delivering well for franchises within a self-publishing model, he will continue to contribute in a Non-Executive our Company and all of its stakeholders, as well as our long history of delivery and role. David’s responsibilities are being allocated including our community of players, capability, positions us very well to continue between James Dixon, Director of Operations, our employees and our investors. our organisational development. It is pleasing Stewart Stanbury, Director of Marketing and to see both Elite Dangerous and Planet Coaster Alex Bevis, CFO. James Dixon has been with selling strongly in their fourth and second the Company for over 20 years and has financial years respectively. This validates a wealth of experience of both the game our model of establishing franchises with development and operational aspects of the enduring appeal rather than for the short company. Stewart Stanbury joined Frontier term. Franchises four, five and six are all in September 2017 from Google, where he at different stages of development, from specialised in digital marketing, brand and full scale production to conceptual design strategy for top games industry clients including stage. In addition we have exciting plans Activision, EA, Ubisoft and Wargaming as for our three existing franchises. Games Industry Manager for the Media & Entertainment Sector. We benefit from a highly experienced team at Board level. In September 2017 We have already achieved a lot since we our Board was further strengthened started our transition to a self-publishing through the appointment of James Mitchell multi-franchise model, but there is much as a Non-Executive Director. We invited James, more to come. We are well positioned for who is Chief Strategy Officer at Tencent, the future as a result of the dedication, to join the Board in order to gain his engagement, skill and professionalism of insights into the Chinese market and the our amazing team, and I would like to take wider global entertainment industry, this opportunity, on behalf of the Board, to following the £17.7 million strategic investment thank them for their tremendous efforts. made by Tencent in July 2017. James has already proven to be an invaluable member DAVID GAMMON of the Board and we are delighted with NON-EXECUTIVE CHAIRMAN his appointment. 5 September 2018 FRONTIER DEVELOPMENTS PLC ANNUAL REPORT AND ACCOUNTS 2018 03.
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