COMPANY ANNOUNCEMENT NO 6 / 2020

Suspension of 2020 full year guidance

Astralis Group has previously guided a net revenue in the range between DKK 60
million – DKK 70 million and an EBITDA in the range between DKK -3.5 million –
DKK -5 million for 2020. The global COVID-19 pandemic severely impacts the
ability to sign new sponsorship agreements and the participation in physical
esports tournaments and leagues.

While the operations are running as normal, Astralis Group has, as a consequence
of the current uncertainties related to the outlook, decided to suspend the 2020
guidance on revenue and EBITDA pending more clarity on the financial
implications of COVID-19.

As soon as we have more clarity on the COVID-19 impact on 2020 we will return
with an outlook for 2020.

Best Regards
Astralis Group A/S

Anders Hørsholt
CEO

Certified Advisor
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