Atari Receives Shareholders' Approval for Re-domiciliation from France to Luxembourg

Atari Receives Shareholders' Approval for Re-domiciliation from France to Luxembourg

Paris, France – May 27, 2026 - 6.00 pm CET – Atari® (Euronext Growth Paris: ALATA, “Atari” or the “Company”) — one of the world's most iconic consumer brands and interactive entertainment producers — announces the approval by its shareholders of the re-domiciliation to Luxembourg (the “Conversion”) at the general meeting of May 27, 2026. The Conversion was approved by Atari shareholders at a majority of the votes cast (95.25%).

Following the approval of the Conversion, dissenting shareholders who voted against the Conversion (and only those who voted down the Conversion) at the general meeting (the “Dissenting Shareholders”) are eligible to exercise their withdrawal right (the “Withdrawal Right”), subject to the terms and conditions set out below and in the legal documentation related to the Conversion[1].

Exercise of the Withdrawal Right

Dissenting Shareholders who wish to exercise their Withdrawal Right must submit their buyback request to their financial intermediary within ten (10) calendar days from the date of Atari's general meeting (the “Exercise Period”), i.e. no later than June 8, 2026 (inclusive). Any exercise of the Withdrawal Right after the expiry of the Exercise Period will be deemed void and will not be eligible to the payment of the Exit Price. In order to verify each Dissenting Shareholder's eligibility, financial intermediaries will be required to disclose to Atari the identity of each Dissenting Shareholder and the corresponding number of tendered shares (which cannot exceed the number of shares held by each Dissenting Shareholder on the record date of the shareholders' meeting approving the Conversion).

Financial intermediaries will be required to deposit the tendered shares no later than June 16, 2026 (inclusive) with Uptevia – 90-110 Esplanade du Général de Gaulle, 92931 Paris La Défense Cedex, appointed as agent for the centralization of Withdrawal Right transactions.

The tendered shares will be held by Uptevia until the date of payment of the Exit Price (as defined below) and of the settlement-delivery, which is expected to occur between end of July and end of September 2026 (i.e., within two months from the completion of the Conversion at the latest but subject to the completion of the Conversion).

During this period, Dissenting Shareholders will retain the ability to sell their shares by instructing their financial intermediary to request the release of the relevant shares by Uptevia. In such case, the Withdrawal Right will be deemed to have been waived with respect to the shares so released.

Indicative Timetable

Disclaimer

This announcement contains information that qualifies, or may have qualified, as inside information within the meaning of Article 7(1) of Regulation (EU) No 596/2014 on market abuse.

About ATARI

Atari is an interactive entertainment company and an iconic gaming industry brand that transcends generations and audiences. The Company is globally recognized for its multi-platform, interactive entertainment, and licensed products. Atari owns and/or manages a portfolio of more than 400 unique games and franchises, including world-renowned brands like Asteroids®, Centipede®, Missile Command®, Pong®, and RollerCoaster Tycoon®. The Atari family of brands includes game developers Digital Eclipse and Nightdive Studios, the publishing label Infogrames, and the community-based sites AtariAge and MobyGames. Visit us online atwww.Atari.com.

Atari shares are listed in France on Euronext Growth Paris (ISIN Code FR00140173Y6, Ticker ALATA) and OTC Pink Current (Ticker PONGF).

©2026 Atari Interactive, Inc. Atari wordmark and logo are trademarks owned by Atari Interactive, Inc.

Contacts

Atari - Investor Relations
Tel + 33 1 87 39 98 28 - investisseur@atari-sa.com |www.atari.com/news/

Actus Finance & Communication - Marie Calleux
Tel + 33 1 53 65 68 66 – atari@actus.fr

Listing Sponsor – Euroland Corporate

 Tel +33 1 44 70 20 84 - Julia Bridger - jbridger@elcorp.com

IMPORTANT INFORMATION

This press release does not constitute an offer to sell or an offer, or the solicitation of an offer, to acquire or subscribe for shares issued by the Company in any jurisdiction. This press release is not a prospectus for the purposes of the Prospectus Regulation (EU) 2017/1129 and has not been approved by any regulatory authority in any jurisdiction. The Company has not authorized any offer to the public of shares or rights in any Member State of the European Economic Area and there is no intent to prepare and publish a prospectus in connection with the contemplated Conversion.

This press release does not identify or suggest, or purport to identify or suggest, the risks (direct or indirect) that may be associated with the contemplated Conversion. Any investment decision with respect to the Company must be made on the basis of all publicly available information relating to the Company and the Company's shares, including what the Company intends to publish in connection with the Conversion. Each investor or potential investor in the Company's shares should conduct a self-examination, analysis and evaluation of the business and information described in this press release and any publicly available information, including such that the Company intends to publish in connection with the Conversion.

Cautionary Note Regarding Forward Looking Statements

The statements contained herein, which are not historical facts, including statements relating to Atari's outlooks and plans, including with respect to the contemplated Conversion, are considered forward-looking statements and may be identified by words such as “anticipates”, “believes”, “expects”, “intends”, “plans”, “projects”, “seeks”, “should”, “will”, or words of similar meaning and include, but are not limited to, statements regarding the Company's outlook for our future business and financial performance.

Such forward-looking statements are based on the current beliefs of the Company's management as well as assumptions made by and information currently available to them, which are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict. Actual outcomes and results may vary materially from these forward-looking statements based on a variety of risks and uncertainties including risks relating to the timely release and significant market acceptance of our games; the risks of conducting business internationally, including as a result of unforeseen geopolitical events; the impact of changes in interest rates by the Federal Reserve and other central banks; the impact of inflation; and the ability to maintain acceptable pricing levels on the Company's games.

Other important factors and information are contained in Atari's Universal Registration Document, including the risks summarized in the section entitled “Risk Factors”, and Atari's other periodic regulatory filings, which can be accessed at https://atari-investisseurs.fr/en/. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. Atari undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

[1] As previously announced, the buyback price for the Atari shares tendered by the shareholders exercising their Withdrawal Right (the “Exit Price”) will be €24.00 per share (corresponding to €0.12 per share prior to the reverse stock split effective on May 5, 2026), which corresponds to the volume-weighted average price of Atari shares on Euronext Growth over the 20 trading days preceding the announcement of the re-domiciliation on February 17, 2026.