Current Report no. 5/2023

Subject

Correction of the standalone report for Q3 2022

Legal basis: § 56(1)(2) of the Public Offering Act - current andperiodic information

The Management Board of ManyDev Studio SE (_quot;Company_quot;) publishes acorrection to the standalone report for Q3 2022 (_quot;Report_quot;), published bythe Company with the ESPI report on November 22, 2022.

1/ Point 1.1. of the Report - Condensed interim statement of financialposition.

2/ Point 1.4. of the Report - Condensed interim cash flow statement.

3/ Point 3.2. of the Report - Accounting principles adopted in thepreparation of the condensed quarterly financial statements.

4/ Point 4.1. of the Report - Selected financial data including keyitems of the financial statements (also translated into EURO).

5/ Point 4.2. of the Report -Information on adjustments for provisions,deferred tax liabilities and assets, and asset write-downs.

6/ Point 4.3. of the Report -Summary and explanation of differencesbetween the data disclosed in the financial statements and comparativedata and the previously prepared and published financial statements.

7/ Point 4.7 of the Report - Intangible assets.

8/ Point 4.17. of the report - Indication of significant proceedingspending before a court, a competent authority for arbitrationproceedings or a public administration body, concerning liabilities andreceivables of the issuer or its subsidiary, indicating the subjectmatter of the proceedings, the value of the subject matter of thedispute, the date on which the proceedings were initiated, the partiesto the initiated proceedings and the issuer's position.

9/ Point 4.27 of the Report - Events that occurred after the date as ofwhich the condensed quarterly financial statements were prepared, notincluded in these statements, but which may significantly affect theIssuer's future financial results.

10/ Point 4.31 of the report - Indication of shareholders holding,directly or indirectly through subsidiaries, at least 5% of the totalnumber of votes at the Issuer's general meeting as of the date ofsubmitting the quarterly report, together with an indication of thenumber of shares held by those entities, their percentage share in theshare capital, the number of votes arising therefrom and theirpercentage share in the total number of votes at the general meeting, aswell as an indication of changes in the ownership structure ofsignificant blocks of the Issuer's shares in the period since thesubmission of the previous quarterly report.

11/ Point 4.34 of the Report - Indication of factors which, in theIssuer's opinion, will affect its results in the perspective of at leastthe next quarter

12/ Point 4.35 of the Report - Risk and hazard factors.

The reason for the correction are the recommendations of the PolishFinancial Supervision Authority issued in connection with thesupervision over the performance of the issuers' disclosure obligationsand the analysis of the Company's interim financial statements for thethird quarter of 2022 and referring to the proceedings initiated withthe application of June 29, 2022 for approval of the prospectus(prospectus proceeding ).

The recommendations consist in correcting the interim financialstatements for the third quarter of 2022 pursuant to § 15 sec. 4 of theRegulation on current and periodic information by recognizing andpresenting expenditures incurred for the development of computer gamesin accordance with the provisions of IAS 38.

The full content of the individual report for the third quarter of 2022before the correction and the full content of the report after thecorrection is attached to this report.

Specific legal basis

§ 15 sec. 4 of the Regulation of the Minister of Finance of March 29,2018 on current and periodic information provided by issuers ofsecurities and the conditions for recognizing as equivalent informationrequired by the law of a non-member state (Journal of Laws of 2018, item757) (hereinafter: Regulation on . Current and periodic information).