Embracer Group Ab Class B · OMXSTO:EMBRAC_B
Embracer Group Ab Class B — Merger or Acquisition (May 2022)
15 slides from Embracer Group Ab Class B's merger presentation, May 2, 2022
Slide 1: Embracer Group acquires Eidos, Crystal Dynamics, and Square Enix Montréal
Embracer Group acquires Eidos, Crystal Dynamics, and Square Enix Montréal 02 May 2022
Slide 2: Today's Presenters
Embracer Acquires Eidos, Crystal Dynamics, and Square Enix Montréal Today’s Presenters Lars Wingefors Phil Rogers Scot Amos David Anfossi Patrick Naud CEO, Founder America & Studio Head Studio Head Studio Head Europe, CEO Square Enix 2
Slide 3: High-Level Transaction Summary
High-Level Transaction Summary Financial Outlook for Financing & Acquisition Rationale Transaction Details Acquired Companies Current Trading • Two of the most reputable AAA • Total purchase price of USD • Extensive due diligence • New secured LT debt funding studios in Crystal Dynamics $300 million
Slide 4: Crystal Dynamics, Eidos Montréal, Square Enix Montréal
CRYSTAL eidos > (i) DYNAMICS Montreal SQUARE ENIX
Slide 5: Crystal Dynamics: Achieve the Extraordinary
ACHIEVE THE EXTRAORDINARY Founded 1992, acquired as part of Eidos by Square Enix Holdings in 2009 A developer family who refuse to lose, committed to crafting the narrative- focused, AAA quality action-adventure games of our lives for passionate players San Mateo, CA Bellevue, WA Austin, TX 167 Empl
Slide 6: Storied, Globally Renowned Franchise With Leading Action-RPG Titles
Storied, Globally Renowned Franchise With Leading Action-RPG Titles 1996 88M1 38M 53M+ 81% 4.6 Franchise Lifetime AAA Of Those From Paid Mobile Average Founded Units Sold Reboot Trilogy2 Downloads3 Average 4 Rating4 Tomb Raider: Rise of the Shadow of the Tomb Raider: Tomb Raider: Tomb Raider Tomb Ra
Slide 7: Eidos Montréal: Crafting Emotions
CRAFTING EMOTIONS Founded 2007, acquired as part of Eidos by Square Enix Holdings in 2009 Memorable AAA experiences focused on unique stories and strong characters in the action-adventure & RPG genres Montréal1 Sherbrooke Shanghai 442 employees 34 employees 5 employees • Completely autonomous studio
Slide 8: Critically Acclaimed Open-Ended Action-RPG Franchise Set in a Cyberpunk Dystopian Future
Critically Acclaimed Open-Ended Action-RPG Franchise Set in a Cyberpunk Dystopian Future Narrative-driven philosophy 2000 12M+ 2M 83% 4.4 Franchise Lifetime AAA Paid Mobile Average3 Average Rating3 Founded Units Sold1 Downloads2 Play-your-own-way sandbox in dense hubs Deus Ex: Deus Ex: Deus Ex: Huma
Slide 9: Square Enix Montréal
To empower our collective and individual creativity to imagine, craft, and operate memorable mobile games that players will want to return to for years! Founded in 2011 Montréal London 144 employees 16 employees Entrepreneurship Inclusion Player-Centric Innovation Collaboration Apple Design Award PA
Slide 10: Transaction Overview
Transaction Overview ⚫ The total purchase price amounts to USD $300 million on a cash and debt free basis, to be paid in full at closing ⚫ Acquisition includes development studios Crystal Dynamics (HQ: San Mateo, CA, US); Eidos Montréal (Montréal, CA); and Square Enix Montréal (Montréal, CA). – In t
Slide 11: Strategic Acquisition Rationale
Strategic Acquistion Rationale Standalone Drivers Embracer Drivers Our intention is to invest in the acquired studios and IPs. We believe there is a tremendous opportunity to Catalogue of build on the success in AAA game development as Talent iconic IPs part of the Embracer Group Two of the most ~1,
Slide 12: Financial Outlook For The Acquired Companies
Financial Outlook For The Acquired Companies Financial Plan Near Term Outlook Long Term Outlook • Embracer has conducted • Base case implies that the • When the AAA product pipeline extensive commercial due combined acquired companies matures in the years thereafter, diligence both with external wil
Slide 13: Financing and Current Trading Update
Financing and Current Trading Update ⚫ Embracer has secured additional long-term debt funding commitments of SEK 4.0 billion and extended one existing loan of SEK 6.0 billion with our Nordic relationship banks Nordea, SEB, and Swedbank ⚫ The additional bank funding commitment will finance our curren
Slide 14: Q&A
Q&A
Slide 15: Embracer Group
EMBRACER* GROUP