Stockholm, 13 May 2026

As disclosed earlier today, a French court order granted Olivine Holdings, LLC ("Olivine") a provisional judicial pledge over the Maximum Entertainment AB (publ) ("Maximum Entertainment" or the "Company")'s shares in its French subsidiary, SASU Maximum Entertainment France.

The Company hereby discloses that following receipt of the abovementioned provisional judicial pledge, MG1 Acquisition Corporation, the Company, and certain of its subsidiaries, including Maximum Entertainment France SAS, Maximum Entertainment, LLC, and Max Ent Games Limited, received a formal notice of default and enforcement of remedies from Olivine, acting in its capacity as administrative agent under the credit facility with Turning Rock Partners (the "Credit Agreement").

In the notice, Olivine notifies of its intent to exercise all rights and remedies available to the lender under the Credit Agreement immediately, including under the guarantees provided by the Company and its subsidiaries, and various security agreements. The notice further states that the limited waiver previously granted under the Credit Agreement will be terminated five calendar days following the date of the notice, after which all defaults and events of default will be fully enforceable without reservation. The notice of default expressly references the provisional judicial pledge over the Company's shares in its French subsidiary as one of the instruments under which remedies are being exercised.

The Company is reviewing the notice and the asserted defaults and intends to take all appropriate steps to protect its interests and those of its shareholders. Further updates will be provided as and when material developments occur.