Trading Update.

For immediate release                                                                                                 20 November 2025

Games Workshop Group PLC

(the "Company")

TRADING UPDATE

Games Workshop announces a trading update for the six months ended 30^th November 2025. The Board's estimate of the results for the six months to 30 November 2025, at actual rates, is core revenue of not less than £310 million (2024/25: £269.4 million) and licensing revenue of not less than £16 million (2024/25: £30.1 million). The Group's profit before tax ("PBT") is estimated to be not less than £135 million (2024/25: £126.8 million).

Further details will be announced in the half yearly report which will be released on 13 January 2026.

For further information, please contact:

This announcement contains inside information for the purposes of the Market Abuse Regulation (EU) no. 596/2014 (including as it forms part of the laws of England and Wales by virtue of the European Union (Withdrawal) Act 2018 ("MAR"). Upon the publication of this announcement, such information will no longer constitute inside information. Ross Matthews, the Company's General Counsel and Company Secretary, is the person responsible for making the notification for the purposes of Article 17 of MAR.1