Playtika Holding Corp. (NasdaqGS:PLTK) and its largest stockholder, Playtika Holding Uk Ii Limited ("PHUK II"), announced on January 24, 2022 that PHUK II has decided to explore options for a potential sale of a portion of the shares of Playtika common stock held by PHUK II. Such sale is currently contemplated to be approximately 15 to 25% of the total shares of Playtika currently outstanding, as further described below. PHUK II, which is controlled by affiliates of Yuzhu Shi, intends to explore options with respect to the potential sale of shares of Playtika common stock, which may include by means of private placements, public offerings or other transactions ("Potential Transactions"). The determination to conduct any Potential Transactions, and the timing thereof, will depend on, among various factors, the price and terms of any Potential Transaction, general market and economic conditions and the outcome of any negotiations among the applicable parties. There can be no assurance that the aforementioned explorations of Potential Transactions will lead to any transactions being agreed or consummated by PHUKII. In the event that PHUK II consummates a Potential Transaction, depending on the number of shares to be sold, PHUK II, Yuzhu Shi and their respective affiliates may no longer control a majority of the outstanding shares of Playtika, in which event Playtika may no longer be a "controlled company" under NASDAQ rules. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor shall there be any offer or sale of any securities in any state or other jurisdiction in which or to any person to whom such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.