The Management Board of Cherrypick Games S.A. (the “Company”), with reference to ESPI current report No. 19/2020 of 27 August 2019 regarding receipt of confirmation that the dispute with KuuHubb Oy before the Helsinki Arbitration Court has been declared initiated, announces that on 17 August 2020. in the afternoon, it received a judgment of the Helsinki Arbitration Court (the “Arbitration Court”), pursuant to which the Arbitration Court ordered KuuHubb Oy to pay to the Company EUR 1,600,000 (one million six hundred thousand euros) with penal interest of 10% per annum on the following amounts and from the following dates until paid:

EUR 100,000 from 29 June 2019,

200,000 euros from 30 July 2019,

300,000 euros from 29 August 2019,

400,000 euros from 29 September 2019.

500,000 euro as of 30 October 2019.

600,000 euro from 29 November 2019,

700,000 euro as of 30 December 2019,

800,000 euro from 29 January 2020,

900,000 euro from 29 February 2020,

1,000,000 euro from 31 March 2020,

1,100,000 euro from 29 April 2020,

1,200,000 euro as of 30 May 2020,

1,300,000 euro as of 29 June 2020,

1,400,000 euro as of 30 July 2020,

1,500,000 euro as of 29 August 2020, and

1,600,000 euro as of 29 September 2020 .

The Arbitral Tribunal dismissed all of KuuHubb Oy’s claims.

The award contains a declaration that, as between the parties, the court costs, fees and costs of the Arbitrator shall be borne exclusively by KuuHubb Oy.

In addition, the Arbitration Court ordered KuuHubb Oy to pay the amount of EUR 297,984 to the Company as reimbursement of the legal costs incurred, together with default interest.