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OFFON

ELECTRONIC ARTS INC.

(EA)
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Experience Edge of Your Seat Gameplay, Create Spectacular Multi-class Cross-Platform Races and Live Your Motorsport Story in GRID™ Legends – Launching Feb 25, 2022

12/03/2021 | 11:01am EST

Deep Career, Epic Story Mode, Race Creator and Cross-Platform Gameplay Give More Variety and Choice than Ever Before

Watch the First Global Gameplay Reveal Here

Codemasters® and Electronic Arts Inc. (NASDAQ: EA) today confirmed February 25 as the global launch day for GRID™ Legends. The all-action racer will feature the biggest variety of game modes, including a deeper Career with over 250 events, an epic story mode entitled ‘Driven to Glory’, the return of Drift and Elimination, and the introduction of Electric Boost racing. Drivers of all levels can immediately jump behind the wheel of over 100 vehicles at launch, race around the world from classic tracks to iconic city locations, and connect with friends and rivals in seconds with cross-platform multiplayer thanks to the hop-in feature. GRID Legends will be available on Xbox Series X|S and PlayStation®5, alongside PlayStation 4, Xbox One, and PC (via Origin and Steam). Pre-order either the Deluxe or Standard edition and receive exclusive Seneca & Ravenwest Double-Pack content*.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20211203005218/en/

EXPERIENCE EDGE OF YOUR SEAT GAMEPLAY, CREATE SPECTACULAR MULTI-CLASS CROSS-PLATFORM RACES AND LIVE YOUR MOTORSPORT STORY IN GRID™ LEGENDS – LAUNCHING FEB 25, 2022 (Photo: Business Wire)

EXPERIENCE EDGE OF YOUR SEAT GAMEPLAY, CREATE SPECTACULAR MULTI-CLASS CROSS-PLATFORM RACES AND LIVE YOUR MOTORSPORT STORY IN GRID™ LEGENDS – LAUNCHING FEB 25, 2022 (Photo: Business Wire)

GRID Legends features more gameplay choices than any previous GRID title, including the return of community-requested Drift mode and fan favourite, Elimination which puts all the pressure on the back-markers, with drivers dropping out periodically until only one remains. The new Race Creator lets players host their dream multi-class matchups, pitting different vehicle types together to create unique racing moments in every race. The experience can be personalised further by changing the weather conditions, time of day, or adding ramps and boost gates, so no race is ever the same.

‘Driven to Glory’ is a gritty motorsport story that throws players in at the deep end as teams battle for the GRID World Series. Created using virtual production technology and featuring award-winning actor Ncuti Gatwa, Driven to Glory comes to life using real actors instead of motion-capture, blending movie sequences with racing challenges. After the story’s finale, progress carries into career progression, opening up a new series of events to complete.

GRID Legends boasts an improved multiplayer system that puts racing and connecting with friends at the heart of the experience. Not only does it support cross-platform gameplay, but it also updates players as to when their mates are online and allows them to start racing in three quick button presses. No more waiting for friend requests and lobbies; select a race, and the action begins almost simultaneously.

“With the release date set, the studio is putting the final polish to our deepest GRID game ever,” said Chris Smith, GRID Game Director at Codemasters. “GRID Legends is an all-action accessible racer focused on variety and choice; deep career, a new innovative story mode and a Race Creator that allows players to create dream racing match-ups with deep personalisation. And our new hop-in gameplay enables friends to connect in seconds and spend more time on the track and less time in lobbies.”

Players who pre-order receive the GRID Legends Seneca & Ravenwest Double Pack. Available on launch day, this content unlocks four additional cars for Career events: the Aston Martin Vantage GT4, Porsche 962C, Ginetta G55 GT4, and Koenigsegg Jesko. The pack also features exclusive Ravenwest-focused Career events and exclusive Seneca and Ravenwest team icons, liveries and banners, so players can personalise their vehicles and show them off online.

For the latest GRID news, go to the website and social channels on Instagram, Twitter and Facebook.

PRESS ASSETS ARE AVAILABLE AT EAPressPortal.com

*This promotional offer expires upon release of GRID Legends (“Product). Valid for new purchases of GRID Legends only from the Origin Store (origin.com) or participating retailers. Access to pre-order content may require registration with a single-use code, which expires 2 years after Product release. Consult your retailer for code distribution details. Offer has no cash value and may not be substituted, exchanged, or sold for cash, goods, or services. May not be combined with other offers or prepaid card redeemable for the applicable content unless expressly authorized by EA. Customer is responsible for applicable sales tax. Void where prohibited, taxed, or restricted by law. Internet connection, EA account, acceptance of EA User Agreement (terms.ea.com), registration with single-use product code, and applicable platform account may be required to play and access online features. EA's Privacy & Cookie Policy applies (privacy.ea.com). You consent to any personal data collected through your use of EA's services being transferred to the United States, as further explained in the Privacy & Cookie Policy. Age restrictions may apply and vary. See o.ea.com/ea/child-access and applicable platform account for details. Mandatory content updates may be downloaded automatically, require additional storage, incur bandwidth usage fees, and require an additional purchase to access. EA may retire online features with 30-day notice at ea.com/service-updates. See final product details at ea.com/legal, if and when available.

About Electronic Arts

Electronic Arts (NASDAQ: EA) is a global leader in digital interactive entertainment. The Company develops and delivers games, content and online services for Internet-connected consoles, mobile devices and personal computers.

In fiscal year 2021, EA posted GAAP net revenue of $5.6 billion. Headquartered in Redwood City, California, EA is recognized for a portfolio of critically acclaimed, high-quality brands such as EA SPORTS™ FIFA, Battlefield™, Apex Legends™, The Sims™, Madden NFL, Need for Speed™, Titanfall™, Plants vs. Zombies™ and F1™. More information about EA is available at www.ea.com/news.

EA SPORTS, Ultimate Team, Battlefield, Need for Speed, Apex Legends, The Sims, Titanfall and Plants vs. Zombies are trademarks of Electronic Arts Inc. John Madden, NFL, FIFA and F1 are the property of their respective owners and used with permission.

About Codemasters

Codemasters is an award-winning British video game developer with over 30 years of heritage. The company specialises in high-quality racing games including DiRT, GRID, Project CARS, and the BAFTA award-winning official F1® series of videogames.

For more information on Codemasters’ product portfolio, please visit www.codemasters.com. Join in the conversation with @codemasters on Twitter or Like us on Facebook at www.facebook.com/codemasters.

Codemasters is an Electronic Arts studio (NASDAQ: EA)

Category: EA Sports


ę Business Wire 2021
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Analyst Recommendations on ELECTRONIC ARTS INC.
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Financials (USD)
Sales 2022 7 664 M - -
Net income 2022 742 M - -
Net cash 2022 1 652 M - -
P/E ratio 2022 55,1x
Yield 2022 0,44%
Capitalization 37 051 M 37 051 M -
EV / Sales 2022 4,62x
EV / Sales 2023 4,20x
Nbr of Employees 11 000
Free-Float -
Chart ELECTRONIC ARTS INC.
Duration : Period :
Electronic Arts Inc. Technical Analysis Chart | EA | US2855121099 | MarketScreener
Technical analysis trends ELECTRONIC ARTS INC.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 29
Last Close Price 131,01 $
Average target price 170,80 $
Spread / Average Target 30,4%
EPS Revisions
Managers and Directors
Andrew P. Wilson Chairman & Chief Executive Officer
Blake J. Jorgensen EVP, Chief Operating & Financial Officer
Kenneth Moss Chief Technology Officer
Leonard S. Coleman Independent Director
Richard A. Simonson Independent Director
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