It remains business as usual at Zynga for today, tomorrow, and as we continue to execute, and we request
that you stay focused on your day-to-day responsibilities. This combination does not change what makes us Zynga, our culture, or our mission of connecting the world
through games. We are counting on all of you to continue delivering the high-quality experience our players expect from us.
I know that you will have
questions, so weve included an FAQ to address some of them. Over the next week, the management team and I will be replacing our currently scheduled All-Hands meetings with AMA sessions where we will
answer your questions. We encourage you to submit any questions in advance here, so we can address them.
Please refer any outside inquiries that you
receive related to this transaction to Rebecca Lau (investorsrelau@zynga.com) and Kenny Johnston (mediakjohnston@zynga.com). If you receive questions from our partners, suppliers or other outside parties, please relay to your direct
manager. It is important that you do not discuss or respond to discussions on social media regarding the transaction.
Im very excited to begin this
next chapter and for the future of Zynga. Your dedication and hard work are what enable us to continue to raise the bar and seek to change the gaming industry forever thank you.
Frank
Forward-Looking Statements
Statements contained herein which are not historical facts may be considered forward-looking statements under federal securities laws and may be identified by
words such as anticipates, believes, estimates, expects, intends, plans, potential, predicts, projects, seeks,
should, will, or words of similar meaning and include, but are not limited to, statements regarding the proposed business combination of Take-Two and Zynga and the outlook for Take-Twos or Zyngas future business and financial performance. Such forward-looking statements are based on the current beliefs of Take-Twos and Zyngas
respective 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: the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement; the inability to
obtain Take-Twos or Zyngas respective stockholder approval or the failure to satisfy other conditions to completion of the proposed combination, including receipt of regulatory approvals, on a
timely basis or at all; risks that the proposed combination disrupts each companys current plans and operations; the diversion of the attention of the respective management teams of Take-Two and Zynga
from their respective ongoing business operations; the ability of either Take-Two, Zynga or the combined company to retain key personnel; the ability to realize the benefits of the proposed combination,
including net bookings opportunities and cost synergies; the ability to successfully integrate Zyngas business with Take-Twos business or to integrate the businesses within the anticipated
timeframe; the outcome of any legal proceedings that may be instituted against Take-Two, Zynga or others following announcement of the proposed combination; the amount of the costs, fees, expenses and charges
related to the proposed combination; the uncertainty of the impact of the COVID-19 pandemic and measures taken in response thereto; the effect of economic, market or business conditions, including competition,
consumer demand and the discretionary spending patterns of customers, or changes in such conditions, have on Take-Twos, Zyngas and the combined companys operations, revenue, cash flow,
operating expenses, employee hiring and retention, relationships with business partners, the development, launch or monetization of games and other products, and customer engagement, retention and growth; the risks of conducting Take-Twos and Zyngas business internationally; the impact of changes in interest rates by the Federal Reserve and other central banks; the impact of potential inflation, volatility in foreign currency
exchange rates and supply chain disruptions; the ability to maintain acceptable pricing levels and monetization rates for Take-Twos and Zyngas games; and risks relating to the market value of Take-Twos common stock to be issued in the proposed combination.