Climate Change Data

Environmental Metrics

ESG Focus Areas

• Diversity and Fair Play in our Products and Services
• Providing Data Protection and Security
• A Great Team and an Inspiring Workplace
• Working towards a Greener Future
• Corporate Governance

Environmental Achievements

• Achieved carbon neutrality for 2020 in cooperation with Planetly in August 2021, ahead of schedule.
• Established a permanent cooperation with Eden Projects, leading to donations of an additional 110,000 trees.

Social Achievements

• Initiated cooperation with Water.org (events to start in 2022).
• Intensive compliance training for workforce.
• Implementation of state-of-the-art whistleblowing solution by EQS Integrity Line.

Governance Achievements

• Further expanded efforts in terms of governance to reflect the strong growth of the company.
• Further optimization of the internal control system in cooperation with KPMG.
• Implementation of a new external whistleblowing system.

Climate Goals & Targets

Environmental Challenges

• Ongoing Covid-19 pandemic impacting employee work-from-home arrangements and stakeholder engagement.
• Increasing restrictions on data sharing and stricter data protection regulations.
• Apple's IDFA and SkAdNetwork changes impacting user tracking and ad targeting.

Mitigation Strategies

• Mostly online stakeholder engagement.
• Focus on privacy-first initiatives and innovative technical solutions (ATOM).
• Integration of 3rd party technologies like LiveRamp, ID5, and Google FloC for cookie-less targeting.
• Acquisition of Beemray for contextual advertising expertise.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Sustainable Products & Innovation

• ATOM (anonymized targeting solution)

Environmental Metrics

ESG Focus Areas

• Diversity and Fair Play in our Products and Services
• Providing Data Protection and Security
• A Great Team and an Inspiring Workplace
• Working towards a Greener Future
• Corporate Governance

Environmental Achievements

• Achieved carbon neutrality for 2022 by optimizing carbon footprint and offsetting emissions

Social Achievements

• Verve Group's ad software platform received a Tech Cares Award from TrustRadius for creating a more efficient and privacy-friendly advertising platform

Governance Achievements

• Expansion of the Board, implementation of various Board Committees and a Nomination Committee, publication of the first audited Governance Report, and optimization and expansion of the Compliance Management and Internal Control and Risk Management Systems

Climate Goals & Targets

Environmental Challenges

• Finding a balance between the requirements of numerous stakeholders, especially in turbulent times and the lack of standards or best practices in the digital media sector.

Mitigation Strategies

• Continuous stakeholder engagement, regular review and adjustment of sustainability priorities, and a focus on understanding and shaping the future of the industry.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Sustainable Products & Innovation

• ATOM (Anonymized Targeting On Mobile), Moments.AI™ (real-time contextual targeting solution)

Awards & Recognition

• Tech Cares Award from TrustRadius (Verve Group)

Environmental Metrics

ESG Focus Areas

• Creating a Meaningful and Innovative Product Portfolio
• Providing Data Privacy and Security
• Being a Great Team and an Inspiring Workplace
• Working towards a Greener Future
• Ensuring Business Ethics and Compliance

Environmental Achievements

• Reduced carbon emissions (Specific figures pending due to a change in reporting provider and methodology. Will be announced later.)
• Offset carbon emissions through certified projects supporting 6 UN SDGs (SDG 1, SDG 3, SDG 7, SDG 8, SDG 12, SDG 13).

Social Achievements

• Implemented HiBob HR tool across all companies, improving talent management and internal communication.
• Introduced Workable recruiting tool, enhancing applicant experience and streamlining the process.
• Launched a new intranet for improved access to employee information and resources.
• Revamped competency-based recruiting process with enhanced interviewing skills training.
• Implemented a tailored onboarding program with a 4.3/5 rating.
• Established a freelancer pool for handling sudden staffing demands.
• Expanded internship programs for nurturing emerging talent.
• Introduced a new Performance Management Process with peer and upward feedback.
• Offered a 'personal development' section in the Performance Management Process.
• Provided an average of €500 per employee per year for training.
• Introduced Leadership Academy and Savvy Skills webinars.
• Offered comprehensive occupational training (occupational health and safety, data protection & privacy, anti-harassment).
• Recorded zero work-related injuries.
• Introduced Work and Travel program and employee shares program.
• Continued cafeteria system for employee benefits.
• Implemented 'Back 2 Office' campaign, encouraging in-office presence twice a week.
• Maintained the opportunity for employees to work abroad for a limited duration.
• Introduced Wellness & Recharge days.
• Implemented a comprehensive training tool for Occupational Health and Safety (OHS) with annual training sessions and refreshers.
• Offered COVID-19 booster shots and flu vaccinations.

Governance Achievements

• Relocated company headquarters from Malta to Sweden.
• Improved corporate governance structure.
• Published bond prospectus and applied for listing on Nasdaq Stockholm.
• Successfully placed €225m of new senior secured floating rate bonds.
• Implemented an elaborate Compliance Management System (CoMS).
• Continued as a signatory of the UN Global Compact.

Climate Goals & Targets

Environmental Challenges

• Overall demand for advertising impacted by general economic climate.
• Leading technology companies (Apple, Google) potentially undermining revenue model.
• Lack of long-term agreements with advertisers and publishers.
• Risk of recession and inflation.
• Lack of control over information technology systems.
• Changes in market power among publishers, intermediaries, and advertisers.
• Changing technologies and customer requirements.
• Risks relating to public perception of violent games and youth.
• Financing, liquidity, and credit risks.
• Risk of impairment losses.
• Tax-related risks.
• Risks associated with acquisitions.

Mitigation Strategies

• Innovation to gain market share and diversify customer base.
• Expanding usage of USPs (user services platforms) such as SaaS models and white label solutions.
• Diversifying product offerings.
• Moving customers to long-term SaaS services and exploring minimum guarantees.
• Maintaining good traffic quality and transparency.
• Digital operations with a work-from-home policy.
• Shifting revenues to sectors less affected by economic downturns.
• Expanding to new customers and segments.
• Maintaining good relationships with key players in the mobile industry.
• Developing products that operate effectively with various operating systems.
• Establishing direct relationships with publishers.
• Investing in contextual solutions that do not rely on identifiers.
• Gaining more first-party data from mobile games.
• Developing USPs such as ATOM, SaaS solutions, and other services.
• Continuously working on new privacy-first solutions.
• Fostering industry collaboration.
• Focusing on various games platforms with long customer lifetimes.
• Implementing permanent satisfaction surveys.
• MGI Financial Risk Policy.
• Diversifying debt maturities and using a mix of financial instruments.
• Hedging interest rates and maintaining a strong cash balance.
• Semi-annual monitoring of goodwill carrying amounts and annual assessments from independent experts.
• MGI Tax Policy.
• In-depth due diligence for M&A deals.
• Monitoring concrete material risks.
• Using escrows or delayed purchase price payments.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: Null

Third-party Assurance: Deloitte (limited assurance)

UN Sustainable Development Goals

• SDG 1
• SDG 3
• SDG 7
• SDG 8
• SDG 12
• SDG 13

Offsetting carbon emissions through projects supporting these goals.

Sustainable Products & Innovation

• ATOM (on-device targeting)
• Moments.AI (contextual ad targeting)
• Dataseat (contextual mobile DSP)

Awards & Recognition

• Digiday Awards Europe - Best Contextual Targeting (Moments.AI)
• TrustRadius Tech Cares Award (Verve Group)