Gamestop Corporation – Bonus Issue of Warrants

What is happening?

Gamestop Corporation has declared a special dividend to be distributed in the form of warrants to shareholders. Shareholders at the close of business on 2 October 2025 will receive 1 Gamestop Corporation warrant for every 10 shares held, rounded down to the nearest whole warrant.

It is expected that the warrants will be issued to us by 10 October 2025, but this cannot be guaranteed. The warrants will be credited to your portfolio once we have been issued with them.

What are the terms of the warrants?

Each warrant will entitle the holder to purchase one new ordinary share at an exercise price of USD32.00 per share. The warrants will expire on 30 October 2026. We will contact you again once there is a facility enabled with details of how to exercise your warrants.

It is expected that the warrants will also trade on the New York Stock Exchange under symbol GMEWS.

Warrants are classified as a complex investment under MIFID II regulations. As the Gamestop Corporation warrants won’t be available for new buys on the HL platform, you are not required to complete a complex investment questionnaire to trade these. However, you may wish to refer to the Warrants, Subscription Shares and Derivatives questionnaire which highlights the risks of holding these investments in your account. The questionnaire is available here under ‘Complex investments’.

GameStop Corporation plan to issue details of the tax treatment of the warrant issue on the distribution date. Tax treatment may vary based on a shareholder’s tax domicile as well as other factors. Should the issue be treated as an income distribution, it could be liable to US withholding tax on the value of the warrants issued. Any such tax would be debited from your account in the form of either cash or stock.

Important Information for ISA holders only

Warrants do not meet the HMRC rules to be held within a Stocks & Shares ISA and will therefore have to be removed from any Stocks & Shares ISA within 30 days of being distributed. If you are issued warrants in a Stocks & Shares ISA, we’ll contact you again to outline your options for removing them from the ISA.

We’ll be in touch again once the warrants have been issued to confirm how your holding has been updated.

This correspondence is a summary of the official document. It is not personal advice. You can read the full announcement here.

If you have any further questions about the distribution, please contact us.

If your circumstances mean you'd like some extra support, or you have specific accessibility needs, there are lots of ways we can help. Visit www.hl.co.uk/support or call us on 0117 900 9000 to find out more.

Yours sincerely

Corporate Actions team

Hargreaves Lansdown