PLAYSTUDIOS, Inc. (NASDAQ:MYPS) ("PLAYSTUDIOS" or the "Company"), a developer and publisher of free-to-play mobile and social games and the creator of the playAWARDS loyalty platform, today announced that it has commenced a modified "Dutch auction" tender offer (the "Tender Offer") to purchase for cash up to $15,000,000 of its outstanding shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), at a price per share not less than $4.30 and not greater than $5.50, less any applicable withholding taxes and without interest. The Tender Offer will expire at 12:00 midnight, New York City time, at the close of December 10, 2026, unless extended or terminated.

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