Nazara Technologies Limited — Important, 14-08-2025: Updates

Nazara Technologies has amended its investment agreement with Nodwin Gaming. Nazara has relinquished key rights, including appointing a majority of directors, mutually appointing/terminating Nodwin's CFO, and approving its annual operating plan. Consequently, Nodwin, where Nazara holds 46.87% equity, will no longer be a subsidiary but reclassified as an associate company. Nazara remains Nodwin's largest shareholder and retains pre-emptive rights for new share offers on a pro-rata basis. This shifts Nodwin from a fully controlled entity to an influential investment, impacting future consolidated financial reporting.