Atari Offers Early Redemption of Its Convertible Bonds (AcT)

Atari Offers Early Redemption of Its Convertible Bonds

Paris, France – June 1^st, 2026 - 8.00 am CET – Atari® (Euronext Growth Paris: ALATA, “Atari” or the “Company”) — one of the world's most iconic consumer brands and interactive entertainment producers — announces that its Board of Directors has resolved to offer the early redemption of the bonds convertible into new shares of the Company due July 31, 2026 (ISIN: FR001400HYI7) (the “Convertible Bonds”) (as announced on April 3, 2026).

In the absence of approval of the re-domiciliation of the Company to Luxembourg (the "Conversion") by the general meeting of holders of the Convertible Bonds, which did not reach the required quorum on first convening on May 15, 2026 nor on second convening on May 27, 2026, bondholders may, in accordance with the terms and conditions of the Convertible Bonds and applicable law, request the early redemption of their Convertible Bonds by the Company, as set out below.

Irrespective of the early redemption, it is reminded that the maturity date of the Convertible Bonds is July 31, 2026.

Redemption of the Convertible Bonds

• Offer Period: Redemption requests for the Convertible Bonds must be submitted individually, at the option of each bondholder, as from June 1^st, 2026 until the maturity date of the Convertible Bonds, i.e. July 31, 2026;
• Redemption Price: The Convertible Bonds shall be redeemed in cash at an amount equal to par value, plus interest accrued from the last interest payment date (inclusive) up to the effective redemption date (exclusive);
• Redemption Settlement Period: The Company shall have a period of thirty (30) days as from receipt of each relevant bondholder's redemption request to proceed with the effective redemption of the Convertible Bonds of said bondholder;
• Centralization: Individual redemption requests shall be sent by each relevant bondholder to their financial intermediary, which shall transfer such requests to Uptevia – 90-110 Esplanade du Général de Gaulle, 92931 Paris La Défense Cedex, appointed as agent for the centralization of the redemption operations.

It is noted that Irata LLC, which holds approximately 98% of the Convertible Bonds, has already agreed not to request the redemption of its Convertible Bonds (as announced on February 17, 2026).

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 early redemption of the Convertible Bonds.

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 early redemption of the Convertible Bonds. 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 early redemption of the Convertible Bonds. 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 contemplated early redemption of the Convertible Bonds.

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 early redemption of the Convertible Bonds, 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.