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CI GAMES SE (28 /2024) Signing of Binding Term Sheet with Epic Games Inc.

By 15 June 2024June 17th, 2024No Comments

Current report number: 28 /2024

Date: 15 June 2024

Legal basis: Art. 17 section 1 of MAR – inside information

Subject: Signing of Binding Term Sheet with Epic Games Inc.

The Management Board of Cl Games SE with its registered office in Warsaw (the “Company”) hereby announces that on 14 June 2024 the Company signed a binding term sheet  with Epic Games Inc (“Epic”) pursuant to which the Company grants Epic the exclusive  worldwide distribution rights to the sequel of the game “Lords of the Fallen” (working title: Project 3) (the “Game”) on the PC platform for the entire product life cycle (the “Binding Term Sheet”).

The rights to the Game and the Series, including all intellectual property rights (IP), as well as the rights to publish and distribute the Game worldwide on all other platforms, including the PlayStation 5 and Xbox Series X|S platforms for which the Game is currently in  development, will remain with the Company. In other respects, the Binding Term Sheet provides for standard market terms.

The game is scheduled for release in 2026.
The Company and Epic will continue to negotiate a detailed publishing
agreement, which the Company will announce in a separate current report.

Disclaimer: This English translation may contain certain discrepancies. In the event of any discrepancy between the Polish and English versions, the Polish version shall prevail.

CI Games SE Management Board:

Marek Tymiński – President of the Management Board