Codemasters on 08 January 2019, announced that it has entered into a joint development agreement with NetEase, Inc. (NetEase) to develop a new mobile game (the "Game") for the global market. Under the terms of the Agreement, NetEase shall commit an internal mobile development team, apply its proven knowledge of mobile game design, and take on all operational and publishing activities globally with regard to the Game. Codemasters shall provide assistance with its proprietary technology, resources and existing game assets.

Pursuant to the Agreement, Codemasters will receive a minimum of USD 8 million in revenue over the next three years, commencing with an expected USD 4 million within the current financial year ending 31 March 2019. Codemasters' total lifetime revenue from this Agreement shall be dependent upon sales performance as profit generated by the game, following recoupment by NetEase of the aforementioned USD 8 million, shall be shared between the parties.