Cd Projekt S.a. · GPW:CDR
Cd Projekt — H1 2023 Earnings Presentation
18 slides from Cd Projekt's earnings presentation, Aug 30, 2023
Slide 1: CD PROJEKT GROUP H1 2023 Earnings
~“ \ CD PROJEKT GROUP H1 2023 Earnings 30 AUGUST 2023 Adam Kicinski | president, ceo Piotr Nielubowicz | MemBeR OF THE BOARD, CFO Michat Nowakowski | MEMBER OF THE BOARD, SVP BUSINESS DEVELOPMENT
Slide 2: Phantom Liberty: Hands-On Preview Campaign
CD PROJEKT GROUP: PHANTOM LIBERTY HANDS-ON PREVIEW CAMPAIGN 200+ | TOP OUTLETS AND CREATORS ACROSS THE WORLD TOOK PART IN THE PREVIEWS il 12 : PREVIEWS OF THE GAME HIT THE INTERNET GLOBALLY 66 | FORGOT HOW MUCH | LOVE THIS WORLD IGN What's most impressive is how different It feels like parts of Phan
Slide 3: Official Trailer
OFFICIAL TRAILER 1 3 M VIEWS ACROSS ALL SOCIAL CHANNELS (6) XBOX a @ steam & 239) fC PINK PHANTOM L5ERTY & PG) OE), 710) 2) S}
Slide 4: Steam Very Positive Reviews
SERN, “Very Positive” ©) STEAM 80% arc rositive
Slide 5: Phantom Liberty Tour
PHANTOM [3crTY TOUR WARSAW COLOGNE TOKYO BEIJING SEOUL PARIS SAQPAULO LONDON POLAND GERMANY JAPAN CHINA ‘SOUTH KOREA FRANCE BRAZIL UNITED KINGDOM i —E—
Slide 6: Phantom Liberty New Content and Features
100+ NEW ITEMS - WEAPONS, CYBERWARE & FASHION ALL-NEW RELIC SKILL TREE & ABILITIES A DANGEROUS NEW DISTRICT DOZENS OF NEW STORY QUESTS & GIGS VEHICLE COMBAT & MOUNTED WEAPONRY REVAMPED POLICE SYSTEM COMBAT Al OVERHAUL ENDLESS DYNAMIC EVENTS & MISSIONS REDESIGNED CYBERWARE & PERKS INCREASED LEVEL CAP
Slide 7: Top Games by Press Article Count from Gamescom Opening Night Live
Top Games By Press Article Count From ONL ONILE -1 TO 12 HOURS FROM START OF SHOW gamescom OPENING NGHTUvE (> fancensus Cyberpunk 2 3 2077 ‘| Call Of Duty a 9 6 vi 8 9 5 Ln) Starfield Wake 2 Ni aces 3 Mortal Assassins i 1 0 = wy ig) Kombat1 Tekken 8 Creed: Mirage Superinns Diablo IV 7 jiablo SS Pa)
Slide 8: Development teams engaged in ongoing projects
Development teams engaged in ongoing projects 31 December 2021 30 June 2022 31 December 2022 on ® Support for Cyberpunk 2077 + next-gen version [ll Phantom Liberty — CP expansion Ill’ The new Witcher game — Polaris ®@ Sirius (The Molasses Flood) [™ GWENT-related projects [™ The Witcher: Monster Slay
Slide 9: Financial Results of the CD PROJEKT Group
FINANCIAL RESULTS of the CD PROJEKT GROUP |
Slide 10: CD PROJEKT GROUP — Profit and loss account
CD PROJEKT GROUP — Profit and loss account CD PROJEKT GROUP: Sales revenue Sales of products Sales of services Sales of goods for resale and materials Cost of sales Cost of products and services sold Cost of goods for resale and materials sold Gross profit on sales Operating costs Selling expenses ~
Slide 11: CD PROJEKT GROUP — assets
CD PROJEKT GROUP -— assets Assets 31.12.2022 30.06.2023 change change % Non-current assets 1119 978 1296 676 176 698 16% Expenditure on development projects 473 202 596575 123 373 26% — New development during H1 2023 148 058 — Project Sirius - impairment adjustment (balance) 18 786 — Depreciation du
Slide 12: CD PROJEKT GROUP — equity and liabilities
CD PROJEKT GROUP -— equity and liabilities 31.12.2022 30.06.2023 change change % Equity 2.033 404 2 033 797 393 0% Liabilities 240 720 146 800 -93 920 -39% Liabilities 115 560 89 814 -25 746 -22% Deferred income 26 094 28 364 2270 9% Provisions 99 066 28 622 -70 444 -1% — Bonuses 67 966 9254 -58 712
Slide 13: CD PROJEKT RED: Product research, development & service costs
CD PROJEKT RED Product research, development & service costs 100 000 75 000 50 000 - 7 e - @12021 22021 Q3 2021 4 2021 12022 Q2 2022 Q3 2022 Q4 2022 12023 Q2 2023 Bl Service costs — released products (P&L — Selling costs) lJ Research phase costs — new projects (P&L — G&A costs) 1 W3NG - one time out
Slide 14: Changes in cash, deposits & T-bonds
CD PROJEKT GROUP Changes in cash, deposits & T-bonds 1400 000 1200 000 1000 000 800 000 600 000 91271 49 824 -18 786 85 615 -90 961 -29 696 Ser ~~" oe mi tee Total decrease of cash, deposits and T-bonds during H1 2023: 160 348 1091 005, 930 657 Cash, Net profit for Depreciation Project Sirius- Chang
Slide 15: a I Daal N } aA
~~ y a I Daal N } aA GLOBAL " = | RELEASE DAYS 27 PER
Slide 16: Q&A
Q&A
Slide 17: Thank You
THANK YOU ir@cdprojekt.com karolina.gnas@cdprojekt.com f 7 CD PROJEKT
Slide 18: Legal Disclaimer
LEGAL DISCLAIMER This presentation was created by CD PROJEKT S.A. ("CD PROJEKT’). Data contained in this presentation is valid as of the day of its preparation. Consequently, this presentation will not be subject to changes, updates or modifications to account for events which might occur after this