“When observing the global video game industry and emerging trends, 2022 has been a good year for us and our expectations have been exceeded. This is reflected in our results - we have achieved record turnover with lower cost budgets. This has become possible thanks to the combined efforts of the entire team, with the knowledge and experience of new employees playing a particularly important role. Based on our experience, the video game industry is more resilient than expected, and given the sector's growth forecasts, we remain confident in our team and the strength of the Punktid project. We expect positive trends to continue next year as well and we believe that the company remains to have great growth potential. For these reasons, I intend to acquire additional Punktid shares as a director of Punktid Technologies AS," commented Hannes Niid, member of the management board of Punktid Technologies AS.

Contacts for additional information

Hannes Niid

Management Board Member of Punktid Technologies AS

E-mail: invest@punktid.com

Punktid Technologies AS is a holding company established and operating in Estonia which has two subsidiaries, Gamekeys OÜ and HVK Business OÜ. Punktid group owns and develops the largest online sales environment for digital codes of video games, Nintendo, PlayStation and Xbox in Estonia, whereas:

• The main activity of Gamekeys OÜ is the mediation of the world's best-known video games and video game gift cards in an online environment and the related customer service and marketing both in Estonia and abroad; and
• The main activity of HVK Business OÜ is the wholesale of video games and gift cards for business customers, Punktid.com IT project development and sale of the right to use the Punktid.com platform.