| SUSTAINABILITY REPORT We create Intelligent Entertainment: fostering development, socialization, and emotional well-being September, 2024 |
| Contents 03 CEO essage 0 Sustainability Strategy 0" Our 2023 Achievements 07 Environment 09 Social 0; Games for Good 0H We Support 11 Corporate Governance 12 Cybersecurity 13 Our buture Goals and Commitments 1 SAS ndeh |
| CEO Message “As we navigate through our 3rd year of being a Nasdaq listed company, focusing on sustainability has strengthened our culture of resilience and social impact. $e at GD¶´ believe that our games play an important role in creating engaged player communities through socialisation and personal development. Our company is committed to being a proactive good citizen through local environmental initiatives, many of which are highlighted in this report. And we pride ourselves on being an innovative and progressive company – which, as a founder and C¶O, is core to my values. Our human capital development policies are vital to nurturing creative talent.ì 2023 Sustainability ESG ranking performance Report Highlights Current Sustainability Status Low Risk ESG Ris Eposure Introduced Games for Good Philosophy and Charity and Initiative Support Approach. Cybersecurity risk management program was implemented. Supported 8 local organizations in our offcial locations. More in-game educational, environmental, and social awareness events with leading NGO partners. The sustainability agenda is overseen by the Board of Directors. The GD¶´ Sustainability Strategy is actively in use. SASB metrics and UN SDGs are under ongoing integration. Regular sustainability reporting practice have been implemented. 03 GDEV Sustainability Report GDEV 2024 * Andrey Fadeev Founder & CEO of GDEV * Copyright ©2024 Sustainalytics, a Morningstar company. All rights reserved. This Sustainability Report includes information and data provided by Sustainalytics and/or its content providers. Information provided by Sustainalytics is not directed to or intended for use or distribution to Indiabased clients or users and its distribution to Indian resident individuals or entities is not permitted. Morningstar/Sustainalytics accepts no responsibility or liability whatsoever for the actions of third parties in this respect. Use of such data is subect to conditions available at https:// www.sustainalytics.com/legal disclaimers/ |
| “Our commitment to sustainability refects a deep belief that this serves our purpose: to be a global platform of successful games. Sustainability is strategic to GDEV because it enhances our success drivers: resourcefulness, innovation, and connectedness with the communities we serve. Hence, we aim to integrate sustainability perspectives in everything we do.” Sustainability Strategy Three pathways approach Core Meet ESG standards and requirements in IT industry Local Be responsible and giving back to the local communities Global Contribute to the gaming’s positive impact on the world in four focus areas Our Team Our Players Communities Environment Global benchmarks are in use SASB Software & IT Services Standard is a benchmark for measuring and reporting on our sustainable development practicesw UN SDGs focused Game s for Good Philosophy Charity and Initiative Support Approach GDEV’s Sustainability Strategy outlines that refect our impact on employees, local communities, and the global community across aligned with our interactions with the world. Three Pathways Four Focus Areas Our focuses on creating games that entertain, educate, and inspire positive change in individuals and society. For us, gaming should nurture players’ growth, fostering skills and connections that extend beyond the screen. Games for Good Philosophy The is adopted to align our efforts more closely with strategy and vision. This approach emphasizes the creation of opportunities for in-game integration of initiatives, with a focus on environmental and social impact, addressing issues within both local and global communities. Charity and Initiative Support Approach Finally, the and the are under ongoing integration at GDEV. SASB Software & IT Services standard UN SDGs Natasha Braginsky Mounier Chairperson, Independent Director 04 GDEV Sustainability Report GDEV 2024 |
| Our 2023 Achievements Core Meet ESG standards and requirements in IT industry Objective: Enhance employee development, satisfaction, and connectivity while fostering non-discrimination, accessibility, environmental awareness, and community support within the company. Sponsor employeesV participation in various sports events and provide corporate training to prepare for them (4 events). Launched the corporate educational portal to provide training and assist employees in developing hard and soft skills (30 training programs, 400+ fully completed learning cycles). The offces in Cyprus (GDEVVs HH location) are now disability-friendly, aiming to improve accessibility company-wide. Improved metrics on employee satisfaction with their work, company culture, and corporate life (84% of employees indicated that their expectations for their current position are being met). The share of women is 13 percentage points higher than the gaming industry average. Developed and implemented a cybersecurity risk management program (16 cybersecurity training campaigns for employees). Local Be responsible and giving back to the local communities Objective: Promote environmental sustainability and social responsibility by addressing challenges in our ofifces locations in frontier markets, introducing new practices, and inspiring other companies. Introduced the GDEV charity and initiative support approach. Organized tree-planting events at all our offcial locations (300+ trees planted). Hosted volunteer events with employees to clean up public spaces in our offcial locations (2 events). Focus to bring employees closer together – "Random Coffee" initiative for new connections and a Book Club (meetings monthly). Supported the organization of local sports events (3 events). Introduced the GDEV Hunger & Homelessness Awareness Initiative to aid those in need and raise awareness among our gaming community ($10,000 donation made). Continue to support local environmental and social initiatives (support 8 events and organizations). Organized 2 eco-events to educate employees on waste separation (30+ participants). Global Contribute to the gaming’s positive impact on the world Objective: Maintain high standards in player satisfaction, community safety, and cybersecurity while raising awareness through gaming initiatives. According to Sustainalytics, GDEV is in Top 12% among all 16,000 companies. Joined the Green Game Jam festival, organized by the Playing for the Planet initiative, to raise awareness of environmental issues through our games. As part of the Green Game Jam festival, our game Island Hoppers was nominated for the MediaVs Choice Award. A strict protocol has been developed to combat offensive and abusive behavior in our games. Exceed Zendesk benchmarks in resolving player issues and response satisfaction scores (CSAT: 81% at GDEV vs. 75% at benchmark; Median Full Resolution Time: 12.2 hours at GDEV vs. 64.6 hours at benchmark) 05 GDEV Sustainability Report GDEV 2024 |
| Environment Commitment to environmental stewardship is a core long-term goal for GDEV and its studios. We are dedicated to achieving high energy effciency and implementing diverse solutions to reduce energy consumption. Additionally, we adhere to best practices in waste segregation, recycling, and minimizing our environmental impact. As a gaming company, GDEV also actively champions environmental causes through our games, participating in global events to raise awareness and drive positive change. The GDEV Board of Directors has approved a goal to achieve carbon neutrality for Scope 2 emissions by 2030. Since the beginning of 2023, we have organized 5 employee events focused on tree planting at 3 of our locations, resulting in the planting of over 300 trees in total. * According to IRENA data In 2023, new work locations were opened to boost productivity, which, along with the full return after C)VID, led to an increase in electricity consumption. 146 2021 2022 2023 128 181 Estimated G]G emissiona (Scope 2), metric tons/CO2e* Electricity consumption,~ MWh 335 2021 2022 2023 2…0 3‰2 To further reduce our environmental impact, we pay a lot of attention to collect and process recyclable waste. In 2023, we collected: 14‰ kg of coffee capsules 48 kg of usef batteries 30 kg of pri‘ter cartrifges 10 kg of ª£° bottles caps Over 50 kg of clot³es Environment initiatives in our games GDEV for the second consecutive year is participating in the Green Game Jam festival, led by Playing for the Planet and supported by the UN Environment Programme. This festival brings together top gaming companies from around the globe to incorporate environmental themes into their games, raising awareness among players about the urgent need to preserve our planet. As part of our contribution, we organised a free eco activity in Limassol, Cyprus, engaging the gaming community in a fun quiz covering ecology, recycling, and environmental initiatives. 06 GDEV Sustainability Report GDEV 2024 |
| Social Benefts aaailable for employees Corporate education portal highlights 07 GDEV Sustainability Report GDEV 2024 We foster a strong company culture built on teamwork and collaboration, while ensuring a healthy work-life balance. Our employee benefts include comprehensive social and corporate perks. We also achieve a better gender balance than the industry average and maintain a diverse age range, featuring both young talents and seasoned professionals. 809 2021 2022 2023 848 844 Male Female 62% 38% 64% 36% 64% 36% Industry average women’s share: 23%* Employee development expenses totaled $190,000 (conference participation and educational platforms) Armenia Cyprus Kazakhstan Other 45% 35% 15% 5% <30 30-35 >35 33% 33% 34% GDEVŽs Še†ters studio employees suraey Geo diaersifcation Headcount and gender balance Employees age balance Medical insurance for the employees and their families Paid vacations, sick leaves & maternity leave Corporate sports and yoga classes Free language classes and education courses Relocation package for employees and families 30 training programs 462 fully completed learning cycles 446ÞÝhours of training Increasing interest among managers and employees in learning and development 83.8% Believe that expectations for their current position are met 70% Feel supported by their team and colleagues 64.3% Motivated by personal and professional development A balanced age mix of employees combines youth and experience, helping to understand our players’ needs .. The voluntary turnover rate was 9.6% in 2023. * According to GDC 2024 State of the Game Industry report |
| Games for Good For GDEV, gaming should not only captivate players but also nurture their growth, fostering skills and connections that extend beyond the screen. Our commitment to this philosophy is a cornerstone of our sustainability strategy, allowing us to create games that entertain, educate, and inspire positive change in individuals and society. 08 GÌEÓ SustainaÊilitÔ Åeport GÌEÓ Ø0Ø× The 3 Pillars of Games for Good Philosophy Our games offer immersive environments where players can step away from daily pressures and dive into vibrant worlds flled with action and adventure. With a wide array of gaming formats, each player can choose the type of action and in-game mechanics that best suit their preferences for emotional release. Empowering Individuals to Alleviate Stress Through Gaming Data: Data: Data: 20+ game modes and mini-games in PG3D. 50+ events and new mechanics launched annually in Hero Wars. 14mln+ Monthly Active œsers. Our games are designed for , as well as various preferences. different social and age groups Regularly conduct on new game mechanics and content updates. surveys of players' opinions Fostering Social Connections Through Our Platforms We foster multiple online communities, where players can connect, share experiences, and support one another, ensuring a sense of belonging within the gaming landscape. In many of our games, such as “Hero Wars” and “Pixel Gun 3D”, players can join clans to forge new friendships through shared victories and challenges. Clan tournaments encourage teamwork and communication, fostering deeper connections. 8.5+ mln subscribers on social media. Member of Fair Play Alliance. A to combat offensive and abusive behaviour in our games. strict protocol Exceed benchmar9s in resolving player issues and response satisfaction. A and community team consisting of 50+ employees. dedicated support Facilitating In-Game Education and Skill Ìevelopment Most of our games integrate mechanics that promote counting, combining, strategic planning, and other skills to empower players to enhance their cognitive abilities. We host numerous in-game events that contribute to players’ understanding of the world around them. Participate in œN’s initiative, aiming to promote environmental protection through games. Green Game Jam Have in-game events aimed at .. gender and social equality Skills developed by our games: fne motor skills, quick relfexes, combinatorial thinking. Hunger & Homelessness awareness initiative. 01. 0 .. 0. |
| 09 GDEV Sustainability Report GDEV “0“ˆ We Support To align our efforts more closely with our goals and vision, we have developed GDEV supports and is actively engaged with various environmental and social organizations, participating in their events in the areas where our offces are located, aiming to positively impact the local communities. GDEV Charity and Initiative Support Approach GDEV #un*er ) #oelessness! awareness initiative We aim to support local communities and make, a positive impact through our games. Combining, an in-game event with real-life aid for the underprivileged in Cyprus, raising funds for the Larnaca Grocery 1tore charity9 In April 2024, ourgame Island Hoppers hosted a two-week event called "Valley of Help." Players participated in activities mirroring the struggles of the homeless and donated to those in need. This initiative raised €10,000 for charity, highlighting the importance of helping others. To enhance the effciency of our resource allocation,, we have restructured our approach to sponsorship and organizations' support. Moving forward, we will base our decisions on the following criteria_ Opportunities for In-Game Integration: We prioritize partnerships that offer potential for meaningful integration within our games, creating a more immersive experience for players. Scope of Impact: We evaluate the level at which the organization operates, whether local or global, reaching the intended audience effectively. 3 Spheres: Our support is directed towards organizations that are committed to environmental sustainability, social impact, and advancements within the gaming industry. Effective Spending: Ensuring that our support are productive and yield tangible results, maximizing the return on our efforts. |
| We Support GDEV employees actively participate in various community activities across different locations. March 2024, Cyprus Tree planting even March 2024, Cyprus Tree planting even November 2023, Cyprus Beach cleanup May 2023, {aiahstao Tree planting even May 2023, rmeni Tree planting event May 2024, rmeni Tree planting event November 2023, Cyprus Beach cleanup May 2023, {aiahstao Tree planting even |
| Corporate Governance Diverse Board of Directors with extensive expertise in various fields Founder-led management Board of Directors outlook Andrey Fadeev Founder and CEO Alexander Karavaev Chief Financial Offcer Yulia Dementieva General Counel Roman Safyulin Chief Corporate Development Offcer Natasha Braginsky Mounier Chairperona Independent Director Andrev Sheppard Independent Director Olga Loskutova Independent Director Tal Shoham Independent Director Andrey Fadeev Founder and CEO Marie Holive Independent Director Igor Bukhman Non-Executive Director Our Studios Leadership Anton Reinhold CEO Dmitry Amroyan CEO Alexander Vashchenko Founder and CEO Leonid Sirotin Founder and CEO Directors status matrix Independent (5) Executive (¿) Non-executive (¿) Board expertis e matrix Game Indutry () Finance (¿) Media (¿) Conumer Good (¿) Board gender matrix Male (XT) Female (T) 11 GDEV Sustainability Report GDEV 2024 |
| Cybersecurity We have developed and implemented a cybersecurity risk management program intended to protect the confdentiality, integrity and availability of ourcritical systems and information. Our cybersecurity risk management program includes a cybersecurity incident response plan. We design and assess our program based on the cybersecurity frameworks, such as the National Institute of Standards and Technology Cybersecurity Framework (NIST CSF), Open Web Application Security Project Frameworks (OWASP). Adopted training budget to support BoD members to continue to learn on evolving topics such as climate, sustainability and cybersecurity. Cybersecurity risk management and strategy Our cybersecurity risk management r)gram incudes Risk assessments designed to help identify material cybersecurity risks to our critical systems, information, products, services and our broader enterprise IT environment; A security team principally responsible for managing (1) our cybersecurity risk assessment processes, (2) our security controls, and (L) our response to cybersecurity incidents; Cyber security awareness training of our employees, incident response personnel and senior management; A cybersecurity incident response plan that includes procedures for responding to cybersecurity incidents; A third†party risk management process for key service providers, suppliers and vendors. Cybersecurity is o‹erseen by˜ ›oard of Directors’ Audit and Risk Committee Timur Khannanov GDEV Head of Information Security Marie Holive Audit and Risk Committee Сhairperson Over 16 cybersecurity training campaigns have been conducted for employees to mitigate the risks of online fraud and enhance the understanding of cyber risks. 12 GDEV Sustainability Report GDEV 2024 “At GDEV, cybersecurity is a top priority at both the executive level and throughout the organization. With millions of players engaging with our games each month, it is crucial that we protect their data by adhering to the highest standards of privacy and security. Our cybersecurity practices are designed to safeguard the trust our players place in us.” Marie Holi‹e Audit and Risk Committee Сhairperson |
| 13 GDEV Sustainability Report GDEV “ˆ Our Future Goals and Commitments GDEV studiosʼ future sustainability plans uover all 4 of our fouus areas. We believe it is important to fouus on auhieving all goals and make our work uomprehensive and uomplete in order to make our plaues of residenue, the gaming industry and the entire world even better, uleaner and more responsible. Our studios Our àÞÛiroÞÚàÞt Our Úàs D àrs Our oÚÚuÞitiàs We are dediuated to ureating a positive and supportive work environment by organizing events and autivities that strengthen team spirit and enhanue our workplaue uulture. 'o ensure ongoing improvement, we uonduut annual employee satisfaution surveys, gather feedbauk, and uontinuously refne our prautiues. We are uommitted to e#panding employee benefts and providing ample opportunities for professional and personal growth through targeted training and development programs. GDEV is uommitted to supporting the environmental agenda through realUlife autions and by promoting this theme through our games. ur goal is to auhieve uarbon neutrality for our Guope F emissions by FhTh, undersuoring our dediuation to environmental stewardship. Additionally, we are fouused on enhanuing our waste and energy management prautiues, striving to minimize the use of plastius and nonUreuyulable materials in our offues to reduue our environmental impaut. We will uontinue to highlight souial uauses for our uommunity by organizing speuial events in games that will have repeutions in real life. ur uommitment e#tends to addressing and mitigating offensive and abusive behavior within our games, ensuring a positive and inulusive environment for all players. We also plan to uontinue partiuipating in the global Green Game €am festival with our games, promoting environmental awareness. We are dediuated to supporting loual uommunities and initiatives where our offues are louated. 'his inuludes engaging in souial, sport and environmental autivities and making uharitable donations. ur involvement in publiu life will repeut our uommitment to souial responsibility and uommunity engagement. |
| SASB INDEX |
| SASB Index 15 GDEV Sustainability Report GDEV ®±® Sustainability disclosure topics & accounting metrics Topic Code Accounting Metric Location in the report / Response Environmental footprint of hardware Infrastructure TC-SI-130a.1 (1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable. (1) Environment, (2) No data available, (3) No data available TC-SI-130a.2 (1) Total water withdrawn, (2) total water consumed, percentage of each in regions with High or Extremely High Baseline Water Stress. No data available. TC-SI-130a.3 Discussion of the integration of environmental considerations into strategic planning for data center needs. No data available. Data privacy and freedom of expression TC-SI-220a.1 Description of policies and practices relating to targeted advertising and user privacy. Privacy Policy TC-SI-220a.2 Number of users whose information is used for secondary purposes. No data available. TC-SI-220a.3 Total amount of monetary losses as a result of legal proceedings associated with user privacy. In 2023, we did not have litigation or pre-trial proceedings that would lead to the payment of compensation or penalties TC-SI-220a.4 (1) Number of law enforcement requests for user information, (2) number of users whose information was requested, (3) percentage resulting in disclosure. No such requests have been received. In any case, the disclosure of user data is always carried out on an individual basis TC-SI-220a.5 List of countries where core products or services are subject to government-required monitoring, blocking, content ifltering, or censoring. Any content-blocking restrictions do not have a signiifcant impact on GDEV’s business. Data security TC-SI-230a.1 (1) Number of data breaches, (2) percentage that are personal data breaches, (3) number of users affected. In FY23, GDEV did not experience a security incident that had a material impact on the business, required regulatory reporting to authorities, or incurred ifnancial penalties. TC-SI-230a.2 Description of approach to identifying and addressing data security risks, including use of third-party cybersecurity standards. Policies Recruiting & managing a global, diverse & skilled workforce TC-SI-330a.1 Percentage of employees that require a work visa. 33% of employees require a working visa. TC-SI-330a.2 Employee engagement as a percentage. No data available. TC-SI-330a.3 Percentage of (1) gender and (2) diversity group representation for (a) executive management, (b) non-executive management, (c) technical employees, and (d) all other employees. Diversity, Governance |
| SASB Index 16 GDEV Sustainability Report GDEV ´·´³ Topic Code Code Accounting Metric Accounting Metric Location in the report / Response Location in the report / Response Intellectual property protection & competitive behavior TC-SI-520a.1 Total amount of monetary losses as a result of legal proceedings associated with anticompetitive behavior regulations. In 2023, we did not have litigation or pre-trial proceedings that would lead to the payment of compensation or penalties. Managing systemic risks from technology disruptions TC-SI-550a.1 Number of (1) performance issues and (2) service disruptions; (3) total customer downtime. In 2023, there were no signicant performance issues or service disruptions. TC-SI-550a.2 Description of business continuity risks related to disruptions of operations. Information provided in SEC Form F-1 Registration Statement. TC-SI-000.A (1) Number of licenses or subscriptions, (2) percentage cloudbased. No data available. TC-SI-000.B (1) Data processing capacity, (2) percentage outsourced. To reveal this indicator, we take vCPU data (provided by AWS) and CPU data (GDEV own facilities) – the number of working hours of each 1-core virtual processor, to serve the company's data operation. We believe that this gure can most accurately determine the amount of processing power for the company's operation process. Total 2023 – 45516505 vCPU hours. TC-SI-000.C (1) Amount of data storage, (2) percentage outsourced. To reveal this indicator, we take: Facilities provided by AWS: the amount of EBS (high-performance block-storage service) and S3 (Simple Storage Service) in Tb & GDEV own facilities: disk storage in Tb. We believe that these gures can most accurately determine the amount of data storage for the company's operation process. Total 2023 – 1184 Tb (monthly on average). [1] The data are compiled according to the internal methodology for Nexters only, as Cubic Games was not consolidated from the beginning of ´·´´. Activity metrics[1] |
| Policies 17 GDEV Sustainability Report GDEV ¡¤¡Ÿ Code of conduct GDEV’s Code of business conduct and ethics covers employees’ compliance with laws, rules, and regulations on bribery, copyrights, information privacy, insider trading, competition and antitrust prohibitions, employment discrimination or harassment, etc. Inclusion & diversity GDEVʼs Inclusion ( diversity policy was approved in September 2023. It outlines the companyʼs and its studios approach to providing and achieving equality, fairness, and respect for all employees (whether temporary, part-time or full-time), partners, and players around the world regardless of their gender identity, marital or family status, sexual orientation, age, disability status, ethnicity, religious beliefs, cultural background, country of origin, socio-economic background, perspective and experience, and other characteristics. Anti-corruption Because we operate internationally, we comply with anti-corruption laws and regulations imposed by governments around the world with jurisdiction over our operations, which may include the US Foreign Corrupt Practices Act of 1977 (the ‘FCPA’) and the U.K. Bribery Act 2010 (the ‘Bribery Act’), as well as the laws of the countries where we do business. Data privacy and security GDEV respects the condentiality of data and strives to ensure the highest level of protection. We collect, process, store, use and share data, some of which contains personal information, including the personal information of our players. ‡ur business is therefore subject to a number of federal, state, local, and foreign laws, regulations, regulatory codes, and guidelines governing data privacy, data protection, and data security, including the collection, storage, use, processing, transmission, sharing, and protection of personal information. What we do to maintain the highest level of data protection The Privacy Policy describes what type of users’ data is collected, for what purposes, and in which ways the company may process it. We encrypt the data during storage and transmission; we carry out two-stage user authentication when requesting action with the data; we improve the techniques and methods of collecting, storing, and processing the data; only authorized employees, consultants, or interested groups of people who need access to this information to perform their duties have access to the data in encrypted and impersonal form; all the persons having access to the data are briefed on working with data, and their knowledge and skills are systematically checked. |
| Disclaimers 18 GDEV Sustainability Report GDEV …ˆ…„ Purpose Ttis presentati n tas been prepared bn GDEV Inc. (tte “ opann”) and is being pr vided s leln f r inf roati nal purp ses and f r pr viding an intr ducti n t tte t tte opann’s business. Tte inf roati n c ntained in ttis presentati n stall n t be used f r ann tter purp se. No representation or warranty Tte opann btained certain industrn and oarket data used in ttis presentati n fr o publicati ns and studies c nducted bn ttird parties and estioates prepared bn tte opann based n certain assuopti ns. tile tte opann believes ttat tte industrn and oarket data fr o external s urces is accurate and c rrect, neitter tte opann n r ann f tte opann’s affliates, eopl nees, advis rs r representatives tave independentln verifed suct data r s ugtt t verifn ttat tte inf roati n reoains accurate as f tte date f ttis presentati n and neitter tte opann n r ann f tte opann’s affliates, eopl nees, advis rs r representatives oake ann representati n r warrantn as t tte accuracn f suct inf roati n. Sioilarln, tte opann believes ttat its internal estioates are reliable, but ttese estioates tave n t been verifed bn ann independent s urces. Not an offer or soli!itation Ttis presentati n d es n t c nstitute r f ro part f, and st uld n t be c nstrued as, an ffer r s licitati n t sell r purctase ann securities in tte United States r in ann tter 5urisdicti n, r t participate in ann pr 5ect in relati n t tte opann and its affliates. Tte inf roati n c ntained in ttis presentati n d es n t purp rt t c ntain all f tte inf roati n ttat a pr spective purctaser r invest r oan desire. In all cases, interested parties st uld c nduct tteir wn investigati n and analnsis f tte opann and tte inf roati n c ntained terein. Except as tterwise expressln indicated, ttis presentati n speaks as f tte date tere fF tte opann undertakes n bligati n t update tte inf roati n c ntained terein, c rrect ann inaccuracies ttat oan bec oe apparent r pr vide tte recipient witt access t ann additi nal evaluati n oaterial. Tte delivern f ttis presentati n d es n t iopln ttat ttere tas been n ctange in tte opann’s affairs after tte date tere f. Ttis presentati n is n t a pr spectus, discl sure d cuoent r ffering d cuoent, and d es n t c nstitute an ffer r invitati n t appln f r securities under ann law. In particular, ttis presentati n stall n t f ro tte basis f r be relied n in c nnecti n witt ann c ntract r c ooitoent wtats ever. No liaYility T tte oaxiouo extent peroitted bn law, eact f tte opann, and its affliates, related b dies c rp rate, direct rs, ffcers, partners, eopl nees, agents and advisers disclaio all liabilitn and resp nsibilitn (wtetter in t rt (including negligence) r tterwise) f r ann direct r indirect l ss r daoage wtict oan be suffered bn ann pers n ttr ugt use f r reliance n anntting c ntained in, r oitted fr o, ttis presentati n. Cautionary statement regarding forward-looking statements ertain stateoents in presentati n oan c nstitute “f rward-l king stateoents” f r purp ses f US federal securities laws. Suct stateoents are based n current expectati ns ttat are sub5ect t risks and uncertainties. In additi n, ann stateoents ttat refer t pr 5ecti ns, f recasts r tter ctaracterizati ns f future events r circuostances, including ann underlning assuopti ns, are f rward-l king stateoents. Tte f rward-l king stateoents c ntained in ttis presentati n are based n tte opann’s current expectati ns and beliefs c ncerning future devel poents and tteir p tential effects n tte opann. Ttere can be n assurance ttat future devel poents affecting tte opann will be tt se ttat tte opann tas anticipated. F rward-l king stateoents inv lve a nuober f risks, uncertainties (s oe f wtict are ben nd tte opann’s c ntr l) r tter assuopti ns. Y u st uld carefulln c nsider tte risks and uncertainties described in tte “Risk Fact rs” secti n f tte opann’s 2023 Annual Rep rt n F ro 20-F, fled bn tte opann n April 2, 202$, and tter d cuoents fled bn tte opann fr o tioe t tioe witt tte Securities and Exctange ooissi n. St uld ne r o re f ttese risks r uncertainties oaterialize, r st uld ann f tte opann’s assuopti ns pr ve inc rrect, actual results oan varn in oaterial respects fr o tt se pr 5ected in ttese f rward-l king stateoents. F rward-l king stateoents speak nln as f tte date tten are oade. Readers are cauti ned n t t put undue reliance n f rward-l king stateoents, and tte opann undertakes n bligati n t update r revise ann f rward-l king stateoents, wtetter as a result f new inf roati n, future events r tterwise, except as oan be required under applicable securities laws. |
| Thank you |
