Slide 1: CD PROJEKT Group Q1 2022 Earnings
CD PROJEKT Group Q1 2022 Earnings 26 May 2022 Adam Kiciński // President, Joint CEO Piotr Nielubowicz // Member of the Board, CFO
Slide 2: * 15.02-20.02
2 * 15.02-20.02
Slide 3: Sales of Cyberpunk 2077 by Platform Type in Q1 2022
SALES OF CYBERPUNK 2077 BY PLATFORM TYPE IN Q1 2022 (UNITS SOLD, DIGITAL DISTRIBUTION) 900000 0 1.01 - 14.02 15.02 - 31.03 PC PlayStation Xbox 3
Slide 4: Unreal Engine: Strategic Partnership with Epic Games
A STRATEGIC PARTNERSHIP WITH EPIC GAMES USING UNREAL ENGINE IN OUR UPCOMING GAMES 4
Slide 5: A New Saga Begins
A NEW SAGA BEGINS
Slide 6: Development Teams Engaged in Ongoing Projects
DEVELOPMENT TEAMS ENGAGED IN ONGOING PROJECTS 31 December 2020 30 June 2021 31 December 2021 30 April 2022 Support for Cyberpunk 2077 + next-gen version GWENT-related projects SPOKKO CP Expansion Other projects, incl. new game in The Witcher IP The Molasses Flood project W3 next-gen version 6
Slide 7: Unreal Engine: Strategic Partnership with Epic Games
A STRATEGIC PARTNERSHIP WITH EPIC GAMES USING UNREAL ENGINE IN OUR UPCOMING GAMES 7
Slide 8: Coming in H2 2022
COMING IN H2 2022 CYBERPUNK: Release of the Launch of Cyberpunk 2077 EDGERUNNERS next-gen version of expansion marketing anime series release The Witcher 3: Wild Hunt campaign on Netflix 8
Slide 9: Financial Results of the CD PROJEKT Group
FINANCIAL RESULTS OF THE CD PROJEKT GROUP 9
Slide 10: CD PROJEKT Group — Profit and Loss Account
CD PROJEKT GROUP — PROFIT AND LOSS ACCOUNT CD PROJEKT GROUP RED GOG Q1 2022 Q1 2021 Q1 2022 Q1 2022 Q1 2022 eliminations. vs. Q1 2021 Sales revenues 197 632 216 146 179 349 40 387 -3 590 9% Revenues from sales of products 145 868 173 787 172 416 0 1 371 19% Revenues from sales of services 387 635 1
Slide 11: CD PROJEKT Group – Assets
CD PROJEKT GROUP – ASSETS ASSETS 31.12.2021 31.03.2022 change change% Fixed assets 905 846 940 816 34 970 4% Expenditures on development projects 350 195 367 005 16 810 5% - new development during Q1 2022 35 129 - depreciation during Q1 2022 -18 319 Other financial assets* 178 540 176 456 -2 084 -1%
Slide 12: CD PROJEKT Group – Equity and Liabilities
CD PROJEKT GROUP – EQUITY AND LIABILITIES EQUITY AND LIABILITIES 31.12.2021 31.03.2022 change change% Equity 1 894 356 1 959 929 65 573 3% Liabilities 264 379 292 620 28 241 11% Liabilities 137 610 171 429 33 819 25% Deferred revenues 37 972 29 021 -8 951 -24% Provisions 88 797 92 170 3 373 4% - bon
Slide 13: CD PROJEKT RED — Product Research, Development & Service Costs
CD PROJEKT RED — PRODUCT RESEARCH, DEVELOPMENT & SERVICE COSTS 60 000 Service costs – released products (P&L – Selling costs) Research costs – new projects (P&L – G&A costs) Development expenditures – new products (Assets – capitalised) 40 000 20 000 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 13
Slide 14: CD PROJEKT Group — Cash Flow
CD PROJEKT GROUP — CASH FLOW 1 400 000 11 339 1 300 000 -27 697 43 740 -15 212 4 579 21 914 1 200 000 68 918 1 261 582 Total increase of cash, deposits and T-bonds during Q1 2022: 107.6M PLN 1 100 000 1 154 001 Cash, deposits Net profit for Depreciation Change in Change in liabilities Expenditures P
Slide 15: Board Recommendation Concerning Dividend Payout
BOARD RECOMMENDATION CONCERNING DIVIDEND PAYOUT 100 738 800 PLN - TOTAL DIVIDEND 1 PLN - DPS 15
Slide 16: Thank You
THANK YOU IR@CDPROJEKT.COM KAROLINA.GNAS@CDPROJEKT.COM 16
Slide 17: 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