On October 13, 2023 (the ? Closing Date?), Activision Blizzard, Inc., a Delaware corporation (the ? Company?), completed the previously announced transaction with Microsoft Corporation, a Washington corporation (?

Parent?), pursuant to the Agreement and Plan of Merger, dated as of January 18, 2022 (as amended, supplemented or otherwise modified from time to time, the ? Merger Agreement?), by and among the Company, Parent and Anchorage Merger Sub Inc., a Delaware corporation and a wholly owned subsidiary of Parent (? Merger Sub?).

Pursuant to the Merger Agreement, at the effective time of the Merger (the ? Effective Time?), Merger Sub merged with and into the Company (the ? Merger?), with the Company surviving the Merger as a wholly owned subsidiary of Parent.

As a result of the Merger and pursuant to the Merger Agreement, each of Reveta Bowers, Kerry Carr, Robert Corti, Brian Kelly, Robert Kotick, Barry Meyer, Robert Morgado, Peter Nolan and Dawn Ostroff resigned and ceased to be directors of the Company and members of any committee or subcommittee of the Company?s Board of Directors as of the Effective Time, and Keith R. Dolliver and Benjamin O. Orndorff, who constituted the directors of Merger Sub as of immediately prior to the Effective Time, became the directors of the Company.