Nazara Technologies Limited

55%

2 Fast growing and profitable business Strong revenue growth Amounts in INR mn 4,542 FY21 55% CAGR 10,910 FY23 Healthy profitability (EBITDA) 57% CAGR 447 FY21 Amounts in INR mn 1,097

57%

ue growth Amounts in INR mn 4,542 FY21 55% CAGR 10,910 FY23 Healthy profitability (EBITDA) 57% CAGR 447 FY21 Amounts in INR mn 1,097 FY23 Note: The numbers of revenue and EBITDA produced a

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cquisition Initial Public Offer in March 2021 Investment by GIC Singapore & other marquee investors 1st ever televised BGMI tournament co- created with Star Sports1 Adtech expansion by acquiring Dataw

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ng by Redseer; BGMI – Battlegrounds Mobile India ; RMG - Real Money Gaming; Telcos – Telecom Operators 4 Core tenets on which Nazara ecosystem is built Core DNA Our ecosystem Focused IP driven play Spo

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internal cashflows Intrinsic defensibility against macro shocks & others Platform Level & others 5 Unique ability to identify new trends successfully ahead of time 2000-2015 2015-2018 2019-2020 2

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g Achievement • Built distribution pipes across 61 countries1 • Relationships with 113 operators1 • Acquired Nodwin early-on & scaled to #1 eSports company in South Asia by revenue as of FY222 •

INR 2,320

• Scaled Sportskeeda to a multi-sports destination • • IPO listing and preferential allotment INR 2,320mn funding round by Nodwin Note: 1. As of 30th Sept 2017; 2. Source: Industry report in gaming & p

INR 816

evelopment 2 IPs in 2018 50+ IPs currently Acquired in Jan-2018 Media rights revenues 0 FY18 INR 816 mn FY23 Acquisitions 5 # of acquisitions Asia and Africa Expansion FY2018 (Year of acquisition)

23x

quisitions 5 # of acquisitions Asia and Africa Expansion FY2018 (Year of acquisition) 170 16 23x growth in scale FY2023 3,887 70 Revenues EBITDA Revenues EBITDA Pakistan Bangladesh Africa

69%

owth in scale FY2023 3,887 70 Revenues EBITDA Revenues EBITDA Pakistan Bangladesh Africa (69% FY21 – FY23 Revenue CAGR) Acquired in Sep-2019 Launched eSports and MMA Scaled wrestling in v

9x

ling in viewership Launched NBA and NFL PFN Acquisition FY2020 (Year of acquisition) 142 13 9x growth in scale FY2023 1,224 388 Revenues EBITDA Revenues EBITDA (89% FY21 – FY23 Revenue C

89%

acquisition) 142 13 9x growth in scale FY2023 1,224 388 Revenues EBITDA Revenues EBITDA (89% FY21 – FY23 Revenue CAGR) Data driven UA spends Content updates Acquired in Jan-2020 Business