INFOiGAMING

 Atari has explained in a press release that the license agreements between Atari and ICICB, including the Atari Chain Limited joint venture license and related licenses, including hotel and casino licenses, have been terminated as of April 18, 2022. In this regard, ICICB is not authorized to represent Atari or its brands in any way.

Atari disclaims any interest in the joint venture and informs the public that Atari Chain Limited, which currently promotes "Atari Tokens", and related websites (www.atarichain.com, www.ataritoken.com) are outside the control of Atari and should not be relied upon for guidance or information related to the ATRI or Atari token.

On the other hand, Atari confirms its enthusiasm for blockchain initiatives despite the completion of the joint venture, thus continuing to establish and pursue strategic companies and partnerships in the space.

Atari will uniquely create, distribute and manage a new proprietary token with a focus on gaming, community and utility. A snapshot of ATRI token holdings was taken on exactly April 18, 2022, at 6:00 p.m. m. CET (GMT +1) and Atari will implement a future exchange of the new token for ATRI tokens held at that time.

The company explains that, in order to participate, ATRI token holders will be required to present their ATRI tokens at the time of the exchange. Only tokens present in wallets as of the snapshot and in amounts equivalent to those captured at the snapshot will be eligible.

Atari will direct holders to additional information channels as more information and timelines are announced. See www.atari.com/blockchain for more information.

As communicated on 21 February 2022, the termination of the hotel and casino license agreements with ICICB will result in a write-off in Atari’s accounting records for a financial impact estimated to be up to €11 million in accordance with applicable accounting principles. The financial impact of the exchange and the creation of a new token will be disclosed in the Atari FY22 annual report.