Slide 1: Sustainability Report
Sustainability Report September 22, 2023 Original characters from “Hero Wars”
Slide 2: Table of Contents
Table of Contents Strategy, governance and sustainability update for FY 2022 Sustainability Update Focus Areas Future Plans SASB Indexes Appendix 3 9 21 22 24 2 GDEV SUSTAINABILITY REPORT "Dear stakeholder, We faced a triad of external shocks in 2022 and this report reflects the unusual nature of th
Slide 3: Founders' Message
Founders’ Message Furthermore, in 2022, GDEV faced the cost of living crisis, which led to the first gaming market reve-nue decline in many years. However, the company successfully navigated the crisis by overhauling its marketing approach, prioritizing critical pro-jects, delivering high-quality ga
Slide 4: GDEV is a gaming and entertainment company
GDEV is a gaming and entertainment company 4 Sustainability Update GDEV SUSTAINABILITY REPORT Family of 6 gaming studios Diversification across geo and platforms Strong results in 2022** Games portfolio of both established and promising franchises in popular genres Blockbuster mid-core multi-platfor
Slide 5: 2022 External Shocks
2022 External Shocks In 2022, a combination of economic, political, and market-specific factors created a perfect storm of volatile market conditions, impacting global com-panies across various industries. GDEV was among many companies forced to take response meas-ures in order to continue sustainab
Slide 6: Our sustainability strategy
To ensure we are implementing our Sustainability Strategy effectively, we use the UN SDGs as a guide and consider the SASB Software & IT Services Standard as a benchmark for measuring and reporting on our sustainable development practices. Our sustainability strategy From the outset, GDEV has priori
Slide 7: Governance
7 Governance Our leadership team is composed of professionals with diverse backgrounds who bring valuable insights and expertise to guide the company through complex challenges and identify new op-portunities for growth. Additionally, in 2022, GDEV strengthened its governance structure by appoint-in
Slide 8: Board of Directors
Natasha Braginsky Mounier Areas of Responsibility Chairperson, Independent Director Andrey Fadeev Executive Director Igor Bukhman Non-Executive Director Andrew Sheppard Independent Director Tal Shoham Independent Director Olga Loskutova Independent Director • Capital Markets • Finance • ESG • Game I
Slide 9: Our Studios
9 Our Studios Recently, GDEV has undergone an evolutionary journey that has led us to transition from manag-ing the individual Nexters studio to becoming a holding company of multiple studios working on diverse franchises. In line with this change we evolve ‘Our Teamʼ focus area into ‘Our Studiosʼ,
Slide 10: Nexters employees survey
10 Nexters employees survey Read more about our Diversity Policy “We value and support each employee, which was particularly important during the peak of the crisis situation in 2022. All of this helped us to form a unified and cohesive team capable of achieving high results, where everyone is proud
Slide 11: Headcount Changes
Headcount Changes In 2022, GDEV had to make headcount layoffs in all its studios. This was a challenging decision that was prompted by factors beyond our control. While it is easy to hire new employees, it becomes considerably more challenging to part ways with employees in a respectful manner durin
Slide 12: Our Games & Players
12 Our Games & Players 2022 was a challenging year for the entire gaming industry due to the macroeconomic turmoil and industry specific challenges, which resulted in sig-nificant delays in product development and mar-keting. However, we were able to overcome these difficulties thanks to our long-te
Slide 13: Positive Game Agenda
Positive Game Agenda 13 At GDEV, we strongly believe in the power of video games to entertain, educate, and inspire players. That's why our games have a broad cooperative function, a positive atmosphere, and a strict ban on abusive behavior. We also use our games to pro-mote social and environmental
Slide 14: Our Players
GAME-MARKET CHALLENGES 14 Our Players It is crucial for us to be in constant contact with our players and understanding their needs, while building a sense of belonging among players. More-over, a loyal fan base acts as a source of inspira-tion for us and provides fresh ideas for events and in-game
Slide 15: Our Communities
15 Our Communities We want to be beneficial to residents of all official studios locations, supporting various local initia-tives and organizations. We have a fairly large number of supported partners in different spheres, such as sports, education, environment protection, charity organizations, and
Slide 16: Andrey Fadeev at TechIsland
Andrey Fadeev at TechIsland TECHISLAND OBJECTIVES 16 Improve the operating environment for existing tech companies Improve the working and living environment for international-class tech talent Increase awareness of growth & opportunities in the tech and innovation sector in Cyprus Promote the Cypru
Slide 17: Case: CFC Partnership
17 Case: CFC Partnership It is important for us to support organizations that are involved in ecology, thus making a contribution to our two focus areas - community and environ-ment. In 2022, we began active cooperation with the City Friends Club, supporting them financially, as well as helping with
Slide 18: Our Environment
18 Our Environment GDEVʼs core business has a relatively low environ-mental footprint, but we are committed to reduc-ing it further. Key areas of our concern are energy usage, climate impact, responsible use of natural resources, and waste reduction. As GDEV expands its operations, we have implement
Slide 19: Waste Management
19 Waste Management COLLECTING WASTE GDEV has implemented a comprehensive waste management plan that includes reducing waste generation, reusing and recycling materials, and properly disposing of any remaining waste. In our offices, we strive to promote the use of reusable tableware, but in some cas
Slide 20: Our Eco-Initiatives
20 Our Eco-Initiatives In 2022, we organized a beach cleanup in Limassol, where dozens of our employees participated and collected 447 kilograms of garbage. We also contin-ue participating in such events in 2023, to make our locations cleaner, greener, and raise aware-ness among employees. For examp
Slide 21: GDEV Future Plans
GDEV Future Plans GDEV studiosʼ future sustainability plans cover all 4 of our focus areas. We be-lieve it is important to focus on achieving all goals and make our work compre-hensive and complete in order to make our places of residence, the gaming industry and the entire world even better, cleane
Slide 22: Sustainability disclosure topics & accounting metrics
Sustainability disclosure topics & accounting metrics Environmental footprint of hardware Infrastructure Topic TC-SI-130a.1 Code (1) Total energy consumed, (2) percentage grid electricity, (3) percentage renewable Accounting Metric Energy management TC-SI-130a.2 (1) Total water withdrawn, (2) total
Slide 23: SASB Index: workforce and systemic risks
Recruiting & managing a global, diverse & skilled workforce TC-SI-330a.1 Percentage of employees that are (1) foreign nationals and (2) located offshore As of December 31, 2022: 1)>97% non-Cypriot 2)61% located outside Cyprus TC-SI-330a.2 Employee engagement as a percentage No data available TC-SI-3
Slide 24: Appendix: Code of conduct
24 Appendix Code of conduct Policies GDEVʼs Code of business conduct and ethics covers employeesʼ compliance with laws, rules, and regulations on bribery, copyrights, informa-tion privacy, insider trading, competition and anti-trust prohibitions, employment discrimination or harassment, etc. Inclusi
Slide 25: Disclaimers
Disclamers Certain statements in this report may constitute “forward-looking statements” for purposes of the federal securities laws. Such state-ments are based on current expectations that are subject to risks and uncertainties. In addition, any statements that refer to projec-tions, forecasts or o