Cd Projekt S.a. · GPW:CDR
Cd Projekt — Q1 2023 Earnings Presentation
14 slides from Cd Projekt's earnings presentation, May 29, 2023
Slide 1: CD PROJEKT Group Q1 2023 Earnings
CD PROJEKT GROUP Q1 2023 Earnings 29 MAY 2023 Adam Kiciriski | presipent, ceo Piotr Nielubowicz | MemBeR OF THE BOARD, CFO Michat Nowakowski | MEMBER OF THE BOARD, SVP BUSINESS DEVELOPMENT
Slide 2: The Witcher sales milestone
THE WITTHER wid) |/HunT 50+ MILLION CO RIES $51.5»
Slide 3: Cyberpunk 2077 and Witcher sales milestones
MILLION COR VE SieSiO aby THES“ iTGHER_ — ROLE-PLAYING GAME — WITSHER” .~ ASSASSINS or KINGS WILD)\!) (HUNT
Slide 4: Development teams engaged in ongoing projects
Development teams engaged in ongoing proje BAG) \ 30 June 2022 30 April 2023 ® Support for Cyberpunk 2077 + next-gen version M™ W3 next-gen version {™ GWENT-related projects ®@ The Witcher: Monster Slayer (SPOKKO) MM Phantom Liberty—CP expansion [™ Other projects’ Ml The new Witcher game — Polaris ®
Slide 5: Phantom Liberty at Summer Game Fest
SER INK, PHANTOM L/3erTY WILL BE PRESENT AT SUMMER GAME FEST: /s PLAY DAYS is
Slide 6: Financial Results
a FINANCIAL RESULTS of the CD PROJEKT GROUP
Slide 7: Profit and loss account
CD PROJEKT GROUP — Profit and loss account CD PROJEKT GROUP RED GOG @12023vs. 12023 vs. 12022 Q1 2023 @12023 12023 eliminations @12022[PLN] 12022 [%] Sales revenue 216 146 474757 | 135 193 41513 1949 -41389 a Sales of products 173: 787 130 595 129786 () Er) -43 192 -25% Sales of services 635 428 463
Slide 8: Assets
CD PROJEKT GROUP -— assets Assets 31.12.2022 31.03.2023 change change % Non-current assets 1119 978 1208 466 88 488 q 8% > Expenditure on development projects 473 202 544 482 71281 15% — new development during @1 2023 74 219 - depreciation during Q1 2023 -21724 — Project Sirius - impairment adjustme
Slide 9: Equity and liabilities
CD PROJEKT GROUP -— equity and liabilities Equity and liabilities 31,12.2022 31.03.2023 change change % Equity 2.033 404 2105 970 72 566 4% Liabilities 240 720 202 018 -38 702 16% Liabilities 15 560 85 267 -30 293 -26% Deferred income 26 094 18.254 -7 840 -30% Provisions 99 066 98 497 569° 1% — bonu
Slide 10: Product research, development & service costs
CD PROJEKT RED Product research, development & service costs 100 000 s » 75 000 50 000 - . z= - 12021 Q2 2021 @3 2021 a4 2021 12022 Q2 2022 Q3 2022 Q4 2022 Q12023 @ Service costs — released products (P&L — Selling costs) Ml Research phase costs — new projects (P&L — G&A costs) @ W3NG - one time outs
Slide 11: Changes in cash, deposits & T-bonds
CD PROJEKT GROUP Changes in cash, deposits & T-bonds owes 1300 000 1200 000 EoeTG 25.031 18 786 _.. 40937 1100 000 — | | . 1000 000 = Total increase of cash, deposits and T-bonds during Q1 3023: 21246 900 000 1091 005, i 1112 251 800 000 ee — - 700 000 Cash, Net profit for Depreciation Project Siriu
Slide 12: Board recommendation concerning payout
BOARD RECOMMENDATION CONCERNING PAYOUT 99 910 510 PLN - TOTAL DIVIDEND . 1 PLN - DPS a CD PROJEKT
Slide 13: Thank you
THANK YOU [email protected] [email protected]
Slide 14: Legal disclaimer
LEGAL DISCLAIMER This presentation was created by CD PROJEKT S.A. ("CD PROJEKT’). Data contained in this presentation is valid as of the day of its preparation. Consequently, this presentation modifications to account for events which might occur after this day. not be subject to changes, updates or