Digital Bros S p A : Group terminates the contract for OVERKILL’s The Walking Dead

DIGITAL BROS GROUP TERMINATES THE CONTRACT FOR

OVERKILL'S THE WALKING DEAD

Digital Bros Group terminates today the contract with Starbreeze for the development and publishing of

the console version of the videogame OVERKILL's The Walking Dead

Milan - 08 April 2019 - the Digital Bros Group (DIB:MI), which is listed on the Star segment of Borsa Italiana and operates in the digital entertainment sector, announced today that its subsidiary 505 Games has terminated the contract with Starbreeze for the development and publishing of the console version of the videogame OVERKILL's The Walking Dead.

The PC version of the videogame published by Starbreeze was removed from the Steam marketplace on February 27th, 2019, after Skybound, the rightsholder of the OVERKILL's The Walking Dead title, has sent a notice of termination of the license agreement with Starbreeze for OVERKILL's The Walking Dead.

As a consequence, the Group's subsidiary 505 Games, who retained the console publishing rights for the videogame, has sent today a notice of termination of the contract to Starbreeze. Digital Bros Group will consider the demand to Starbreeze, actually in a restructuring process, of the refund of the advances paid for US $4.8 Million and of all the expenses related to the project.

Contacts:

Investor Relations Digital Bros. S.p.A. Stefano Salbe, CFO Tel. [phone] [e-mail]

About Digital Bros Group

Listed on the Star segment of Borsa Italiana, Digital Bros Group is a global company that has been operating since 1989 as a developer, publisher and distributor of game entertainment content - video games - in a global market through various channels: retail and digital - web, social, mobile. Digital Bros Group is active around the world through its own direct operations in Italy, the United States, the UK, France, Spain, Germany China and Hong Kong, with approximately 180 employees. The Group's head office is located in Milan, from where all activities are coordinated. Digital Bros operates in three markets, namely, development, publishing and distribution, under its own brands 505 Games and Halifax. For more information please visit the Corporate website at www.digitalbros.com.