Rovio Entertainment Corporation           Stock Exchange Release         August 15 2018 at 11:00 a.m. EET

Share subscriptions based on stock options 2015A

Between 4 May 2018 and 26 July 2018, a total of 46,500 Rovio Entertainment Corporation's new shares have been subscribed for with the stock options 2015A at a subscription price of EUR 2.85. The entire subscription price of EUR 132,525.00 shall be recorded into the invested unrestricted equity reserve.

As a result of the share subscriptions, the number of Rovio Entertainment Corporation's shares will increase to 79,447,542 shares.

The shares subscribed for under the stock options have been registered in the Trade Register on 15 August 2018, as of which date the new shares will establish shareholder rights.

The shares will be traded on the Nasdaq Helsinki Plc together with the old shares as of 16 August 2018.

ROVIO ENTERTAINMENT CORPORATION

Mikko Setälä Executive Vice President, Investor Relations

For further information, please contact:

Minna Raitanen, General Counsel, Rovio Entertainment Corporation, tel. +358 207 888 300 (switchboard)

Distribution: Nasdaq Helsinki Plc Principal media www.rovio.com

About Rovio:

Rovio Entertainment Corporation is a global entertainment company that creates, develops and publishes mobile games, which have been downloaded over 4 billion times. The Company is best known for the global Angry Birds brand, which started as a popular mobile game in 2009, and has since evolved from games to various entertainment and consumer products in brand licensing. Today, the Company offers multiple mobile games, animations and has produced The Angry Birds Movie, which opened number one in theatres in 50 countries and the sequel which is in production. Rovio is headquartered in Finland and the company's shares are listed on the main list of NASDAQ Helsinki stock exchange with the trading code ROVIO. ( www.rovio.com )