27 November 2025: Ainsworth posts record-breaking quarter

Dear fellow shareholders,

As a significant investor in Ainsworth Game Technology (AGT) who is currently being asked to sell your shares, you would appreciate that transparency about AGT’s outlook has never been more important. 

At the Global Gaming Expo in Las Vegas last month, Ainsworth Game Technology (AGT) announced that the company had just delivered a record sales quarter in both Australia and the United States. AGT’s Vice President of Product Strategy, Marketing & Sales, Sean Evans, reported[1] that the welcome news was “on the back of our player-focused, data-driven development”. 

It was surprising to read this very positive report in industry trade press, while observing that the news has not been announced to the market. 

In my view, anything less than full transparency could look like an attempt to stop investors, who are being asked to sell to Novomatic for $1/share, from seeing the company’s true value. 

Keep in touch 

As you may be aware, I have made a Proportional Takeover Offer for 2.9% of each shareholder’s shares in Ainsworth at $1.30. Ahead of the release of a Bidder’s Statement in December, I would like to talk to you personally by phone about the future of the company. 

If you have not already sent me your telephone or email contact details, I would very much appreciate you contacting me on the details below. Please note that these contacts differ from the hotline number that will appear on the Bidder’s Statement. If I already have your number, I will be in touch with you in the coming weeks. 

I welcome your thoughts on the above, and hope to talk with you soon. 

Yours sincerely,

Kjerulf Ainsworth

[1] https://www.indiangaming.com/convention-coverage-game-technology-showcase-at-g2e/