Ann: PlaySide and Meta Extend & Expand Work-for-Hire Agreement, page-2

On 22/9/21, PLY extended its WFH contract with Facebook for 6 months and value increased by 90% vs original contract.

Now Facebook extended the WFH agreement again for another 16 months, in conjunction with a 6 months VR contract, which implies the quality of work by PLY. Returning clients is always a good sign. Money wise, I expect the contract to be lucrative just based on the history alone.

Now only the Activision Blizzard contract is up for renewal in the near future. Signed on 10/2/22 for 10 months, so it expires in Dec 22. TakeTwo contract is 2 years plus 1 year of post launch maintenance. Shiba is basically irrelevant in terms of size, length and impact.

Anyway, well done management.