Update on Evolution's capital allocation for 2026

The Board of Directors of Evolution AB (publ) proposes that no dividend be distributed for 2025. This proposal represents a deviation from the company's capital allocation framework, which states that at least 50 percent of net profit should be distributed annually. The purpose of the company's capital allocation is to create long-term shareholder value, and the Board has assessed that a cash dividend is not the best way to currently achieve this. The Board will provide an update once further decisions regarding capital allocation for 2026 have been finalized.

For further information, please contact:
Joakim Andersson, CFO, [email protected].

This information is such that Evolution AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above on 18 March 2026, at 16:00 CET.

Evolution AB (publ) ("Evolution") develops, produces, markets and licenses fully-integrated B2B Online Casino solutions to gaming operators. Since its inception in 2006, Evolution has developed into a leading B2B provider with approximately 870 operators among its customers. The group currently employs about 22,500 people in studios across Europe, North- and South America. The parent company is based in Sweden and listed on Nasdaq Stockholm with the ticker EVO. Visit www.evolution.comfor more information.

Evolution is licensed and regulated by the Malta Gaming Authority under license MGA/B2B/187/2010. Evolution is also licensed and regulated in many other jurisdictions such as the United Kingdom, Belgium, Canada, Romania, South Africa, and others.