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; Take-Twos dependence on its NBA 2K and Grand Theft Auto products and its ability to develop other hit titles;
Take-Twos ability to leverage opportunities on PlayStation®5 and Xbox Series X|S; the timely release and significant market acceptance of our
games; and the ability to maintain acceptable pricing levels and monetization rates for Take-Twos and Zyngas games.
Other important factors and information are contained in Take-Twos and Zyngas most recent Annual Reports
on Form 10-K, including the risks summarized in the section entitled Risk Factors, Take-Twos and Zyngas most recent Quarterly Reports on Form 10-Q, and each companys other periodic filings with the SEC, which can be accessed at www.take2games.com in the case of Take-Two, http://investor.zynga.com in the case
of Zynga, or www.sec.gov. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. Neither Take-Two nor Zynga undertakes any obligation to update
any forward-looking statement, whether as a result of new information, future events or otherwise.
Additional Information and Where to Find It
This communication relates to a proposed business combination of Take-Two and Zynga that will become the
subject of a registration statement on Form S-4 to be filed by Take-Two with the U.S. Securities and Exchange Commission (the SEC), which will include a
joint proxy statement/prospectus. The registration statement on Form S-4, including the joint proxy statement/prospectus, will provide full details of the proposed combination and the attendant benefits and
risks. This communication is not a substitute for the registration statement on Form S-4, including the joint proxy statement/prospectus, or any other document that
Take-Two or Zynga may file with the SEC or send to their respective stockholders in connection with the proposed combination. Investors and security holders are urged to read the registration statement on Form
S-4, including the definitive joint proxy statement/prospectus, and all other relevant documents filed with the SEC or sent to Take-Twos or Zyngas
stockholders as they become available because they will contain important information about the proposed combination. All documents, when filed, will be available free of charge at the SECs website (www.sec.gov). You may also obtain these
documents by contacting Take-Twos Investor Relations department at contact@take2games.com; or by contacting Zyngas Investor Relations department at investors@zynga.com. This communication does not
constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval.
Participants In The
Solicitation
Take-Two, Zynga and their respective directors and executive officers may be deemed to be
participants in any solicitation of proxies in connection with the proposed business combination. Information about Take-Twos directors and executive officers is available in Take-Twos proxy statement dated July 27, 2021 for its 2021 Annual Meeting of Stockholders. Information about Zyngas directors and executive officers is available in Zyngas proxy statement
dated April 5, 2021 for its 2021 Annual Meeting of Stockholders. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be
contained in the registration statement on Form S-4, including the joint proxy statement/prospectus, and all other relevant materials to be filed with the SEC regarding the proposed combination when they
become available. Investors should read the registration statement on Form S-4, including the joint proxy statement/prospectus carefully when it becomes available before making any voting or investment
decisions.