Olivine Holdings, LLC publishes supplement to the offer document and extends the initial acceptance period for the public cash offer to the shareholders of Maximum Entertainment AB

About this update from Maximum Entertainment Ab Class B

This announcement is not an offer, whether directly or indirectly, in Australia, Belarus, Hong Kong, Japan, New Zealand, Russia or South Africa or in any other jurisdiction where such offer pursuant to legislation and regulations in such relevant jurisdiction would be prohibited by applicable law. Shareholders not resident in Sweden who wish to accept the Offer (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled "Important information" at the end of this announcement and in the offer document which has been published on the website for the Offer (www.OH-Offer.com). Shareholders in the United States should also refer to the section titled "Important notice to shareholders in the United States" at the end of this announcement.On 7 April 2026, Olivine Holdings, LLC (“Olivine” or the “Offeror”) announced a public cash offer to the shareholders of Maximum Entertainment AB (“Maximum Entertainment” or the “Company”), to tender all their shares in Maximum Entertainment to Olivine at a price of SEK 0.30 per share regardless of share class (the “Offer”). An offer document regarding the Offer was published by Olivine on 21 April 2026 (the “Offer Document”). Olivine today publishes a supplement to the Offer Document and announces that the initial acceptance period for the Offer, which commenced on 22 April 2026 and was initially expected to expire on 20 May 2026, is extended until 22 May 2026.Supplement to the Offer DocumentOn 13 May 2026, Maximum Entertainment announced that a French court has granted Olivine a provisional judicial pledge over all shares held by the Company in its wholly-owned French subsidiary, SASU Maximum Entertainment France.On the same day, Maximum Entertainment also announced that, following receipt of the abovementioned provisional judicial pledge, MG1 Acquisition Corporation, the Company, and certain of its subsidiaries, including Maximum Entertainment France SAS, Maximum Entertainment, LLC, and Max Ent Games Limited, received a formal notice of default and enforcement of remedies from Olivine, acting in its capacity as administrative agent under the credit facility (the “Credit Agreement”). In the notice, Olivine notifies of its intent to exercise all rights and remedies available to the lender under the Cre...

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