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07.09.2021 kl 15:00 2120

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COPENHAGEN, September 7, 2021: Reference is made to previous announcement by 5th
Planet Games A/S (the "Company") on August 10, 2021 and the Extraordinary
General Meeting held today (September 7, 2021) in 5th Planet Games A/S.

Further to the Extraordinary General Meeting resolutions earlier today, all
conditions to the investment agreement between the Company and Skybound Game
Studios, Inc. have now been satisfied and the tranche 1 capital-increase in the
Company equivalent to NOK 13,216,500, as described in the previous announcement,
has now been completed. Furthermore, Skybound has subscribed for the Investment
Warrants, the Milestone Warrants and the Indemnification warrants.

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