Remedy Entertainment Oyj - Changes board/management/auditors

Remedy Entertainment Plc: Changes in Remedy's Core Management Team

Remedy Entertainment Plc      Stock Exchange Release      April 25, 2024, at
9.00 a.m. EEST

Changes in Remedy's Core Management Team

Remedy Entertainment Plc (“Remedy”) has today resolved to change the composition
and roles of its Core Management Team as described in this release.

  · Remedy's Chief Operations Officer, Christopher Schmitz has resigned and will
leave Remedy on May 31, 2024.
  · Mikael Kasurinen has been appointed Remedy's Creative Director and will
share the Creative Director responsibilities with Sami Järvi. Kasurinen will
join Remedy's Core Management Team.

Remedy has made management reorganizations in 2023 and in 2024, including the
earlier changes made to the Chief Product Officer (CPO) role and appointment of
a new Chief Technology Officer (CTO). These developments have been made to
better manage and support Remedy's game portfolio and game development
personnel. With these organizational changes, the previous COO responsibilities
are distributed to other management team members, and Remedy will not look for a
replacement.

“Christopher Schmitz has had various responsibilities during the past five
years, with which he has helped in building the foundations of our multi-project
model, and developing game project leadership, as well as selected support
functions. I want to warmly thank him and wish him all the best in his next
endeavors”, says Remedy's CEO Tero Virtala.

Mikael Kasurinen has been appointed as Creative Director and will join Remedy's
Core Management Team. He will continue to report directly to CEO Tero Virtala.
Kasurinen will work alongside Sami Järvi, who has acted as a company Creative
Director and Creative Director of Alan Wake 2. Kasurinen worked for Remedy from
2001 to 2010 and joined Remedy again in 2014. He acted as the Game Director of
Control since 2016 and currently he is the Game Director of Control 2. As
Creative Directors of Remedy, Järvi and Kasurinen continue their current
responsibilities in Alan Wake and Control franchises and will share the
companywide Creative Director responsibilities going forward. They support game
projects' creative leadership so that we can make outstanding games aligned with
Remedy's strategy and operational priorities.

“I welcome Mikael Kasurinen to our Core Management Team. He is a highly
respected, experienced and accomplished creative leader.  Kasurinen and Järvi
have worked together in a number of games, and they have complementary world
class skills.With this arrangement, we can ensure the needed focus on growing
Alan Wake and Control into larger franchises, and the right type of creative
guidance and support that all our game teams can benefit from”, Tero Virtala
concludes.

Kasurinen's CV and picture will be available later today on Remedy's Investor
site at https://investors.remedygames.com/company/core-management-team/.

As of April 25, Remedy's Core Management Team will comprise the following
members and roles:

  · Tero Virtala, Chief Executive Officer
  · Markus Mäki, Chief Product Officer
  · Sami Järvi, Creative Director
  · Mikael Kasurinen, Creative Director
  · Terhi Kauppi, Chief Financial Officer
  · Johannes Paloheimo, Chief Commercial Officer
  · Mika Vehkala, Chief Technology Officer

REMEDY ENTERTAINMENT PLC

More information

Liisa Eloranta, Senior Investor Relations Specialist
Phone: +358 50 4334992
Email: liisa.eloranta@remedygames.com

Remedy in brief

Remedy Entertainment Plc is a pioneering, globally renowned video game company
founded in 1995 and headquartered in Finland with an office in Stockholm,
Sweden. Known for its story-driven and visually stunning action games, Remedy
has created multiple successful, critically acclaimed franchises such as
Control, Alan Wake and Max Payne. Remedy also develops its own Northlight game
engine and tools technology that powers many of its games. Remedy's shares are
listed on Nasdaq Helsinki's official list. www.remedygames.com