Nexters Inc. announced, that as an addition to the measures taken to ensure the stability and further successful development of Nexters as an international company, and to serve the best interests of its international player community and investors, the Board of Directors resolved on July 11, 2022 to Intensify the Company's relocation program with a goal of relocating the vast majority of critical personnel located in Russia, Ukraine, and Belarus to Cyprus, Armenia, and certain other “safe-harbor” countries. Divest the Company of its Russia-based subsidiaries by transferring its gaming business in Russia to the local management.