Trophy Games Development

Dear Trophy Games Investors,

I am writing to you today to provide a status update on our newest game release, Train Manager. Since its release in mid-June, the game's launch has succeeded, with over 350,000 downloads and a July revenue of 460,000 DKK, making it our most successful release to date, and it is a testament to our developer and marketing teams' hard work and dedication.

The success of Train Manager is a significant milestone for Trophy Games, as it brings us closer to our ambition of having our series of Transport Manager games reach a yearly revenue of 100 million DKK in the future. We are already well on our way to achieving this goal, with Airline, Shipping, and now Train Manager performing very well.

The work has now slowly begun on the two next titles in the series, Truck Manager and Energy Manager. We are excited to bring these games to market and continue to grow our Transport Manager franchise.

Overall, I am happy with our progress so far this year. Train Manager has been a great success, and we are well on track to achieve our yearly guidance. Thank you for your continued support, and I look forward to sharing more updates with you in the future.

Sincerely,

Søren Gleie

CEO, Trophy Games Development A/S

CEO Letters Folder

• #1 CEO Letter - Publishing & The Ranchers
• #2 CEO Letter - Tiny Titan Studios Status