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REDEYE GAMING GUIDE 2019 GAMING DAY 2019 REDEYE EQUITY RESEARCH 1 Senior REDEYE Redeye is the next generation equity research and investment banking company, specialized in life science and technology. We are the leading providers of corporate broking and corporate finance in these sectors. Our clients are innovative growth companies in the nordics and we use a unique rating model built on a value based investment philosophy. Redeye was founded 1999 in Stockholm and is regulated by the swedish financial authority (finansinspektionen). THE GAMING TEAM Johan Ekström Tomas Otterbeck Kristoffer Lindström Christian Avenäs Head of Digital Senior Analyst Senior Analyst Corporate Advisor Entertainment Johan has a MSc in finance Tomas Otterbeck gained a Kristoffer Lindström has both Christian has been in the from Stockholm School of Master’s degree in Business a BSc and an MSc in Finance. financial industry for 10+ Economic and has studied and Economics at Stockholm He has previously worked as a years, working as trader and e-commerce and marketing University. He also studied financial advisor, stockbroker broker before going into at MBA Haas School of Busi- Computing and Systems and equity analyst at Swed- corporate finance. Previous ness, University of California, Science at the KTH Royal In- bank. Kristoffer started to employers include Skandia Berkeley. Johan has worked stitute of Technology. Tomas work for Redeye in early 2014, Liv, Jarl Securities and CMC as analyst and portfolio was previously responsible and today works as an equity Markets. Christian is part of manager at Swedbank Robur, for Redeye’s website for six analyst covering companies in Redeyes corp team focused equity PM at Alfa Bank and years, during which time he the tech sector with a focus on on iGaming. Gazprombank in Moscow developed its blog and com- the Gaming and and as hedge fund PM at munity and was editor of its Gambling industry. EME Partners. At Redeye, digital stock exchange journal, Johan works in the Corporate Trends. Tomas also worked Advisory team with special as a Business Intelligence focus on Digital Entertainment consultant for over two years. and Tech. Today, Tomas works as an analyst at Redeye and covers software companies with a focus on Gaming. 2 REDEYE EQUITY RESEARCH REDEYE GAMING GUIDE 2019 AGENDA 08.30 Coffee and registration 09:00 Redeye Welcoming and Intro 09:15 THQ Nordic 09.30 Remedy Entertainment 09:45 Rovio Entertainment 10:00 Nitro Games 10:15 Coffee break 10:45 Atari 11:00 G5 Entertainment 11:15 MAG Interactive 11:30 CI Games 11:45 Lunch 1 2 : 4 5 Stillfront Group 1 3 : 0 0 Flexion Mobile 13:15 Goodbye Kansas Game Invest 1 3 : 3 0 MTG 1 3 : 4 5 Coffee break 14:15 Funcom 1 4 : 3 0 Paradox Interactive 1 4 : 4 5 Azerion 15:00 Drinks and mingle -17.00 REDEYE EQUITY RESEARCH 3 BIOS Lars Wingefors is the founder and CEO of THQ Nordic-group. Lars Wingefors started his first THQ Nordic company at the age of thirteen. He has a broad and long experience in entrepreneurship and CEO Lars Wingefors business management. THQ Nordic was founded in 2011 and is a global video game publisher and developer. The com- pany is based in Vienna (Austria) and Karlstad (Sweden), with subsidiaries in Germany, Sweden, and the USA. THQ Nordic brands include Darksiders, MX vs. ATV, Saints Row, Dead Island, exclusive rights to the Metro series, Red Faction, Titan Quest, Biomutant, and many more. Tero Virtala holds a master’s degree in engineering and has acted as the Chief Executive Officer Remedy since August 2016. He has extensive and comprehensive experience in the gaming industry and Entertainment management of gaming companies. Prior to this, Tero was CEO of RedLynx which was acquired CEO Tero Virtala by the international gaming giant Ubisoft in 2011. During 2011–2015, Tero participated in Ubisoft’s international development projects as Managing Director of RedLynx. Remedy Entertainment is a globally successful game company founded in 1995 and based in Espoo, Finland. The company creates story-driven console and computer games with renowned partners such as 505 Games, Microsoft, Rockstar Games and Smilegate. Remedy has two games under development, CrossFire 2 and Project 7, built using our proprietary Northlight game engine and tools. Past games include Death Rally, Max Payne, Max Payne 2: The Fall of Max Payne, Alan Wake, Alan Wake’s American Nightmare and Quantum Break Rui Casais started in Funcom in 2004 as a Junior AI Programmer for Age of Conan. In 2008, he Funcom was promoted to Chief Technology Officer, establishing a technology team for the Company’s CEO Rui Casais DreamWorld engine and Rui became CEO and Managing Director in 2015. Funcom is a Norwegian video game developer specializing in online games. It is best known for the MMORPG titles Age of Conan, Anarchy Online, The Secret World and The Longest Journey series of adventure games. The company has offices in Oslo, Norway, and North Carolina, US. Mikko Setälä joined Rovio Entertainment as the Chairman of the Board in 2006. He has also Rovio Entertainment served Rovio in roles of CFO and as the President of the Rovio Animation Company and other EVP Mikko Setälä subsidiaries of Rovio in North America. He is currently Executive Vice President and in charge of Rovio’s investor relations. Rovio Entertainment Corporation is a Finnish developer, publisher, distributor of video games and is an entertainment company headquartered in Espoo, Finland. The company was founded in 2003 as a mobile game development studio. The company is best known for creating the Angry Birds franchise. Jussi Tähtinen is Managing Director of Nitro Games since September 2008. He started as Nitro Games a designer in Nitro FX in 2004, and before becoming the Managing Director for the spin-off CEO Jussi Tähtinen Nitro Games, he worked in various roles within design and production. During his time at Nitro Games, Jussi has built up a close-knit team of gaming professionals and been involved in over 25 different game launches. Nitro Games is a mobile game developer and as of recent a publisher with a decade of expe- rience in developing games for the mid-core user segment. Nitro Games has a long history of stable cash flows from developing contracts from bigger publishers which minimize risk in the business model. Nitro Games second business area is developing and publishing mobile games. 4 REDEYE EQUITY RESEARCH REDEYE GAMING GUIDE 2019 Frédéric Chesnais is a graduate of Paris Institute of Political Studies and holds degrees in Finance and Law. He started his career as a financial consultant and practised as a lawyer fo- Atari cused on merger and acquisitions. He then worked for Lazard from 1995 to 2000. From 2001 to CEO Frederic Chesnais 2007, he was part of the management team of the Atari Group, the videogame publisher, first as Deputy COO and Chief Financial Officer of the Group, and then as Chief Executive Officer of At- ari Interactive. In 2007, he left Atari to create his own videogame production company. In 2013, he became a significant shareholder of the Atari Group through the purchase of Atari securities held by BlueBay. Atari is a globally recognized brand that transcends generations and audiences and for its multi-platform, interactive entertainment and licensed products. Atari own and/or manage more than 200 games and franchises including world-renowned brands like: Asteroids®, Centipede®, Missile Command® and hold the license for RollerCoaster Tycoon®. Atari Games is the DNA of the Atari Group and this also includes Atari Casino, multimedia activities with Atari Studios and Licensing. Stefan Wikstrand, after studies at Jönköping International Business School, Stefan worked five years within audit at MGI Revideco AB and KPMG. Since 2010, Stefan Wikstrand has worked G5 Entertainment at TradeDoubler AB as Group Financial & Business Controller. During his time at TradeDoubler, CFO Stefan Wikstrand Stefan has worked with all aspects of running the finance function at an international listed company. G5 Entertainment Group publishes high quality free-to-play games for both smartphones and tablets that are family-friendly, easy to learn, and targeted at the widest audience of both experienced and novice players. The group distributes their games through the Apple, Google, Amazon, and Windows application stores. The company’s portfolio includes popular games like Hidden City®, Mahjong Journey®, The Secret Society®, Homicide Squad®, and Pirates & Pearls®. Daniel Hasselberg is the Chief Executive Officer of MAG Interactive since 2013. Daniel Hassel- berg is also a member of the board of directors of MAG Games Limited, MAG Interactive, Mobile MAG Interactive Access Group Sweden AB and NMO Invest AB. Daniel Hasselberg holds an M.Sc. in Engineering CEO Daniel Hasselberg Physics from Uppsala University. MAG Interactive is one of the leading independent mobile gaming companies in Europe. More than 100 million players enjoy spending time in Ruzzle, WordBrain and Potion Pop. The com- pany was founded in 2010 and is headquartered in Stockholm and has a studio in Brighton, UK. The Company develops and publishes free-to-play games for mobile devices, in which the players make in-app purchases of virtual items or gameplay benefits. The US, together with the UK and Germany, constitutes the most important geographical markets for the company. Denis Ferrier is a real enthusiast of the video game industry and new technologies. He started his professional experience at Bandai Namco, initially as a Junior Market Analyst, then Business CI Games & Product Analyst. Having twice won an internal European Game Design competition he was Head of Business Dev. appointed Business Development Manager EMEA-APAC. He was responsible for forecasting Denis Ferrier sales, business analysis of the market and preparing marketing strategies for the entire compa- ny’s portfolio.
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