Changes in board and management of Evolution Gaming Group AB (publ)

Evolution Gaming Group AB (publ) conducts changes to its board and management in
order to best meet the strong growth for the group and secure continued
successful development. Current Chairman of the board, Joel Citron, has decided
to resign as Chairman but will remain as a member of the board. CEO and board
member Jens von Bahr has been elected new Chairman by the board up until the
next general meeting. In connection, Martin Carlesund takes the role as CEO of
the group and Johan Nordström is employed as CEO of the operational entity.
“As a result of our achievements, I have decided to resign as Chairman as I am
convinced that the company needs an Executive Chairman to meet our future
challenges. The board has therefore decided to appoint Jens as Chairman up until
the next general meeting. The company requires an executive of Jens’
capabilities and industry expertise to focus full-time on strategy. Jens will
engage with our management team, customers and shareholders in connection with
formulating and executing the company’s future growth. Jens taking over as
Chairman at this time also affords the opportunity to promote Martin to Group
CEO. My role will be focused on guidance, general oversight and governance
issues. I look forward to working with Jens, Martin and the board as we continue
to build this outstanding company”, Joel Citron said.

“Ever since the IPO, Martin and I have collectively focused on creating an
organisation which can take Evolution to the next level. We now have that in
place, and Martin is the right person to lead it; which he has proven during his
time as CEO of the operational entity. In the role of Executive Chairman, I will
be able to focus fully on the development of our ongoing, successful growth
strategy. Among other things, I see the need to increase the time we look at
potential acquisitions and strategic partnerships going forward”, Jens von Bahr
commented.

“The company is in a highly expansive period where existing customers are
demanding more services, new customers are added, and where larger trends such
as the land-based online migration are happening. Based on this, Evolution has a
great opportunity to further strengthen its leading position in the Live Casino
market, and I look forward to leading the company to further success. It also
feels great to have recruited Johan Nordström as new CEO of the operational
entity. With Johan’s impressive track record and background in B2B sales with
executive roles, the latest within EF Education First, I am sure he will bring a
lot to Evolution”, Martin Carlesund said.

Information about the board and management members

Jens von Bahr is founder and CEO of Evolution Gaming since 2006.

Joel Citron was elected to the Evolution board ahead of the company’s IPO in
2015. He is also CEO of Tenth Avenue Holdings and has broad experience from
various management positions in investment and operating companies in Europe and
the US.

Martin Carlesund is CEO of Evolution Malta since June 2015. He has extensive
experience within the gaming industry and was before joining Evolution CEO at
HighLight Media Group Ltd, one of the world’s leading gaming affiliates.
Previously, he has also been CEO of Eniro Sweden and Eniro Finland.

Johan Nordström most recently was President Asia at EF Education First, the
world’s largest private education company. Johan has extensive experience from
managing businesses in an international environment, at EF and Oriflame among
others.

The changes will be effective as of 1 November 2016.
For investor enquiries, please contact:
Jens von Bahr, CEO, ir@evolutiongaming.com

The information in this press release is information which Evolution Gaming
Group AB (publ) is required to disclose in accordance with the EU Market Abuse
Regulation (EU) No 596/2014. The information was submitted for publication, by
the investor contact person set out above, on 21 October 2016 at 8.00 CET.
Evolution Gaming Group AB (publ) (”Evolution”) develops, produces, markets and
licenses fully-integrated B2B Live Casino solutions to gaming operators. Since
its inception in 2006, Evolution has developed into a leading B2B provider in
the European market with 70 operators among its customers. The group currently
employs 3,000 people, most of whom are located in Latvia and Malta. The parent
company is based in Sweden and listed on the Nasdaq First North Premier exchange
under the ticker EVO. Avanza Bank is the company’s certified adviser. Visit
www.evolutiongaming.com for more information.