Bungie and Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (Nasdaq: ATVI), announced Destiny: Rise of Iron, the next highly-anticipated, large expansion in the Destiny universe.Building upon the legacy of Destiny, this new chapter draws players back to where their journey was born and entices them to join alongside one of Destiny’s greatest heroes to battle an ancient enemy from the past. Rise of Iron launches on September 20, 2016 and will be available for the PlayStation®4 system and Xbox One (PlayStation®Plus, Xbox Live Gold, required for some features). Requires Destiny game and The Taken King (includes Expansions I & II), sold separately.

“Rise of Iron is an exciting addition to the Destiny universe,” said Pete Parsons, CEO of Bungie. “We are continually blown away and inspired by the growing Destiny community’s energy and enthusiasm.”

“We have been working hard with our partners at Bungie and are planning great, new content for Destiny’s 30 million registered players. Rise of Iron is the first step in fulfilling that promise,” said Eric Hirshberg, CEO of Activision. “There’s a ton of content packed in Rise of Iron, including a new location, a new Raid and a new Strike, combined with more quests, weapons, gear, a competitive multiplayer mode and more that we think players are going to love.”

Guardians must rise to the challenge to take their place as the next generation of Iron Lords. Along the way they will join forces with a legend from humanity’s Golden Age to defeat a plague of unstoppable evil once and for all. The game features a collection of fresh content including an all-new setting on Earth called The Plaguelands, a brand-new six-player Raid, Felwinter Peak, a new social space that looks out onto The Plaguelands, new cooperative three-player Strike, more quests, weapons, gear, competitive multiplayer mode and maps, a Light level increase, a new mutated enemy faction of the Fallen, and more.

All Rise of Iron players will be able to acquire the Gjallarhorn, a fan favorite weapon making its return. Those players who preorder beginning June 9th will receive the limited-edition, black and silver Iron Gjallarhorn.*

Rise of Ironis rated T for Teen by the ESRB. The expansion will be available at a suggested retail price of $29.99. At launch, PlayStation gamers will also get access to a collection of timed exclusive content for Rise of Iron, content and timing of exclusivity to be announced at a later date.

The community can interact directly with the developers at www.Bungie.net, www.facebook.com/Bungie, @Bungie on Twitter, and www.Twitch.tv/Bungie on Twitch. For game information, visit www.DestinyTheGame.com and follow the official Destinysocial channels at www.facebook.com/DestinyTheGame and @DestinyTheGame on Twitter and Instagram.

About Bungie

Bungie was founded in 1991 with two goals: develop kick ass games that combine state-of-the-art technology with uncompromising art, captivating storytelling, and deep gameplay, and then to sell enough copies to fund our ongoing quest for World Domination. Over the past twenty years, Bungie created a bunch of fun games, including the Halo franchise, the Marathon Trilogy, and the first two Myth games. Our independent, employee-owned development studio is located in Bellevue, Washington, the base where we launched our most ambitious project to date: Destiny.

More information about Bungie can be found at www.bungie.net.

About Activision Blizzard

Activision Blizzard, Inc., a member of the S&P 500, is the world's most successful standalone interactive entertainment company. We delight over 500 million monthly active users around the world through franchises including Activision's Call of Duty®, Destiny and Skylanders®, Blizzard Entertainment's World of Warcraft®, StarCraft®, Diablo® and Hearthstone®: Heroes of Warcraft™, and King's Candy Crush®, Pet Rescue® and Farm Heroes®. The company is one of the Fortune "100 Best Companies To Work For®." Headquartered in Santa Monica, California, Activision Blizzard has operations throughout the world, and its games are played in 196 countries. More information about Activision Blizzard and its products can be found on the company’s website, www.activisionblizzard.com.

Cautionary Note Regarding Forward-looking Statements: Information in this press release that involves Activision Publishing’s expectations, plans, intentions or strategies regarding the future, including statements about the expected release date, and features and functionality, of Rise of Iron are forward-looking statements that are not facts and involve a number of risks and uncertainties. Factors that could cause Activision Publishing’s actual future results to differ materially from those expressed in the forward-looking statements set forth in this release include unanticipated product delays and other factors identified in the risk factors sections of Activision Blizzard’s most recent annual report on Form 10-K and any subsequent quarterly reports on Form 10-Q. The forward-looking statements in this release are based upon information available to Activision Publishing and Activision Blizzard as of the date of this release, and neither Activision Publishing nor Activision Blizzard assumes any obligation to update any such forward-looking statements. Forward-looking statements believed to be true when made may ultimately prove to be incorrect. These statements are not guarantees of the future performance of Activision Publishing or Activision Blizzard and are subject to risks, uncertainties and other factors, some of which are beyond its control and may cause actual results to differ materially from current expectations.

*Access to Iron Gjallarhorn starting 09.20.16. Can be attained by pre-ordering Destiny: Rise of Iron and completing the in-game quest. See www.destinythegame.com for additional details. Iron Gjallarhorn not exclusive to any retailer or platform. Subject to availability.

© 2016 Bungie, Inc. All rights reserved. Destiny, the Destiny Logo, Bungie and the Bungie Logo are among the trademarks of Bungie, Inc. Published and distributed by Activision. Activision is a registered trademark of Activision Publishing, Inc. All other trademarks or trade names are the properties of their respective owners.

PlayStation is a registered trademark of Sony Interactive Entertainment Inc.