Mighty Kingdom Limited signed an agreement with Lion Studios by Applovin, a leading global mobile games studio and publisher, based in California. The agreement is a co-development partnership with revenue derived
from milestone payments for the development of a game over 12 months and a contract value in the low seven figure range. The project will be developed with existing resources. Standard termination clauses apply as per contracts of this nature. The agreement reflects Mighty Kingdom's strategy of harnessing its credentials in mobile game development to secure contracts with established studio partners in order to build portfolio. The company is focused on developing strong relationships with global brands to solidify its position as a leading partner in the games industry. Partnerships such as this will provide Mighty Kingdom with steady long-term revenue, to be reinvested into the Company's Original IP pipeline.