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Press release

Asmodee exercises call option of minority stake in Exploding Kittens Inc.

Asmodee

Boulogne-Billancourt, France, 22 December 2025 – Asmodee, a global tabletop entertainment leader, confirms that the company has exercised its call option to acquire the remaining 45% minority stake in Exploding Kittens Inc..

In December 2021, asmodee acquired a 55% majority stake in Exploding Kittens Inc., a publisher based in the United States. Asmodee confirms that the company has exercised its call option to acquire the remaining 45% minority stake in Exploding Kittens Inc., in line with its previously communicated intention.

The purchase price of the remaining minority stake will be determined based on the operational performance of Exploding Kittens Inc. for the full year January-December 2025. Closing of the acquisition of the minority stake is expected to occur during the first half of calendar year 2026.

Exploding Kittens Inc. is already consolidated within the asmodee group.

For more information, contact
Nathalie Redmo, Head of Investor Relations, asmodee
Tel: +46 768 10 22 43
E-mail: ir@asmodee.com

Asmodee Communications team
E-mail: press@asmodee.com

About asmodee
Asmodee is a global leader in tabletop gaming. Inspired by players, asmodee has been crafting and taking to market immersive, shared experiences for over 30 years. Its portfolio includes beloved games and intellectual properties such as CATAN®, Ticket to Ride®, Dobble/Spot it!®, 7 Wonders, and Exploding Kittens®. Operationally headquartered in France, asmodee operates globally, making its games accessible to players in over 100 countries around the world. Asmodee group’s Class B shares are publicly traded on Nasdaq Stockholm under the ticker ASMDEE B. Learn more about asmodee here.

Attachments
Asmodee exercises call option of minority stake in Exploding Kittens Inc.

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