Activision Blizzard, Inc. Sample Contracts

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (February 28th, 2019)

·                  Your Award of the Stock Option has been made in connection with your Employment Agreement, and is also governed by any applicable terms and conditions set forth in such agreement.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF PERFORMANCE-VESTING RESTRICTED SHARE UNIT AWARD (February 28th, 2019)

·                  the Appendix attached hereto as Exhibit B, which may include special terms and conditions relating to your country of work and/or residence (the “Appendix”); and

Activision Blizzard, Inc. – EMPLOYMENT AGREEMENT (February 28th, 2019)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the date signed by the Employer, between Activision Blizzard, Inc. (the “Employer”) or (“Activision Blizzard” and, together with its subsidiaries, the “Activision Blizzard Group”), and Dennis Durkin (“you”).

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (February 28th, 2019)

·                  the Appendix attached hereto as Exhibit B, which may include special terms and conditions relating to your country of work and/or residence (the “Appendix”); and

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF PERFORMANCE SHARE UNIT AWARD (February 28th, 2019)

·                  Total number of Performance Share Units awarded (representing the maximum number of Performance Share Units which may vest hereunder):  [

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES FOURTH-QUARTER AND 2018 FINANCIAL RESULTS Record Q4 and Full Year Results (February 12th, 2019)

** GAAP EPS includes the impact of significant discrete tax related items. Refer to the tables at the end of this press release for details.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES THIRD-QUARTER 2018 FINANCIAL RESULTS Better-Than- Expected Q3 Results (November 8th, 2018)

For the quarter ended September 30, 2018, Activision Blizzard’s net revenues presented in accordance with GAAP were $1.51 billion, as compared with $1.62 billion for the third quarter of 2017. GAAP net revenues from digital channels were $1.28 billion. GAAP operating margin was 18%. GAAP earnings per diluted share were $0.34, as compared with $0.25 for the third quarter of 2017.

Activision Blizzard, Inc. – SEVENTH AMENDMENT (August 29th, 2018)

This AMENDED AND RESTATED CREDIT AGREEMENT (this “Agreement”) is entered into as of October 11, 2013 and amended and restated as of August 24, 2018, among ACTIVISION BLIZZARD, INC., a Delaware corporation (together with its successors and assigns, the “Borrower”), the Guarantors party hereto from time to time, BANK OF AMERICA, N.A., as Administrative Agent, the Swing Line Lender and an L/C Issuer, JPMORGAN CHASE BANK, N.A., as an L/C Issuer, and each lender from time to time party hereto (collectively, the “Lenders” and individually, a “Lender”).

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES SECOND-QUARTER 2018 FINANCIAL RESULTS Better- Than-Expected Second-Quarter Results Record First-Half Revenue, Net Bookings A, and EPS Record Second-Quarter Mobile Revenue and Mobile Net Bookings A (August 2nd, 2018)

For the quarter ended June 30, 2018, Activision Blizzard’s net revenues presented in accordance with GAAP were a Q2 record $1.64 billion, as compared with $1.63 billion for the second quarter of 2017. GAAP net revenues from digital channels were $1.26 billion. GAAP operating margin was 26%. GAAP earnings per diluted share were a Q2 record $0.52, as compared with $0.32 for the second quarter of 2017.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES FIRST-QUARTER 2018 FINANCIAL RESULTS Record First-Quarter Revenues, Net BookingsA, and EPS Record First-Quarter Digital, Mobile, and In-Game Revenues and Net BookingsA (May 3rd, 2018)

For the quarter ended March 31, 2018, Activision Blizzard’s net revenues presented in accordance with GAAP were a Q1 record $1.97 billion, as compared with $1.73 billion for the first quarter of 2017. GAAP net revenues from digital channels were an all-time quarterly record $1.46 billion. GAAP operating margin was 30%. GAAP earnings per share were an all-time quarterly record $0.65, as compared with $0.56 for the first quarter of 2017.

Activision Blizzard, Inc. – FOURTH AMENDED AND RESTATED BYLAWS OF ACTIVISION BLIZZARD, INC. (March 21st, 2018)
Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES FOURTH-QUARTER AND 2017 FINANCIAL RESULTS Record Quarterly and Full-Year Revenues Record Full-Year Digital, Mobile and In-Game Revenues Record Full-Year Operating Cash Flow of $2.2 Billion (February 8th, 2018)

** GAAP EPS includes incremental expense ($1.03 for the fourth quarter and $1.04 for the full year 2017) due to the impact of significant discrete tax-related items, including amounts related to changes in tax laws (including a reasonable estimate of the impact of the Tax Cuts and Jobs Act enacted in December 2017, as provided for in accordance with Securities and Exchange Commission guidance), and amounts related to the potential or final resolution of tax positions, and other unusual or unique tax-related items and activities. Activision Blizzard will provide additional information relating to these items in our Form 10-K for the year ending December 31, 2017.

Activision Blizzard, Inc. – FOURTH AMENDED AND RESTATED BYLAWS OF ACTIVISION BLIZZARD, INC. (February 7th, 2018)
Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (November 2nd, 2017)

·                 Your Award of the Stock Option has been made in connection with your Employment Agreement, and is also governed by any applicable terms and conditions set forth in such agreement.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF PERFORMANCE SHARE UNIT AWARD (November 2nd, 2017)

·                 Total number of Performance Share Units awarded (representing the maximum number of Performance Share Units which may vest hereunder):  [____________________________________________________]

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (November 2nd, 2017)

·                 Schedule for Vesting:  Except as otherwise provided under the Award Terms, the Stock Option awarded to you will vest and become exercisable as follows, provided you remain continuously employed by the Company or one of its subsidiaries through the applicable vesting date:

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF PERFORMANCE SHARE UNIT AWARD (November 2nd, 2017)

·                 Total number of Performance Share Units awarded (representing the maximum number of Performance Share Units which may vest hereunder):  [____________________________________________________]

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (November 2nd, 2017)

·                 Schedule for Vesting:  Except as otherwise provided under the Award Terms, the Stock Option awarded to you will vest and become exercisable as follows, provided you remain continuously employed by the Company or one of its subsidiaries through the applicable vesting date:

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES BETTER-THAN-EXPECTED THIRD-QUARTER 2017 FINANCIAL RESULTS Record Q3 Revenues Record Year-to-Date Revenues and EPS Company Increases CY 2017 Revenues and EPS Outlook (November 2nd, 2017)

Santa Monica, CA – November 2, 2017 – Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected third-quarter 2017 results.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES BETTER-THAN-EXPECTED SECOND-QUARTER 2017 FINANCIAL RESULTS Record First-Half Total Revenues and Digital Revenues Company Increases CY 2017 Revenues and EPS Outlook Announced Team Sales for the Overwatch League™, First Major Global, City-Based Professional Esports League (August 3rd, 2017)

Santa Monica, CA – August 3, 2017 – Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected second-quarter 2017 results.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF STOCK OPTION AWARD (August 3rd, 2017)

·                 Schedule for Vesting:  Except as otherwise provided under the Award Terms, the Stock Option awarded to you will vest and become exercisable as follows, provided you remain continuously employed by the Company or one of its subsidiaries through the applicable vesting date:

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. INDENTURE Dated as of May 26, 2017 DEBT SECURITIES WELLS FARGO BANK, NATIONAL ASSOCIATION Trustee (May 26th, 2017)

INDENTURE dated as of May 26, 2017, among ACTIVISION BLIZZARD, INC., a Delaware corporation (the “Company”), and WELLS FARGO BANK, NATIONAL ASSOCIATION, as trustee (the “Trustee”).

Activision Blizzard, Inc. – FIRST SUPPLEMENTAL INDENTURE Dated as of May 26, 2017 Between ACTIVISION BLIZZARD, INC. and WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee 2.600% SENIOR NOTES DUE 2022, 3.400% SENIOR NOTES DUE 2027 and 4.500% SENIOR NOTES DUE 2047 (May 26th, 2017)

FIRST SUPPLEMENTAL INDENTURE, dated as of May 26, 2017, between Activision Blizzard, Inc., a Delaware corporation (the “Issuer”), and Wells Fargo Bank, National Association, a national banking association, as Trustee.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. UNDERWRITING AGREEMENT dated May 23, 2017 Merrill Lynch, Pierce, Fenner & Smith Incorporated J.P. Morgan Securities LLC Wells Fargo Securities, LLC (May 26th, 2017)

Introductory.  Activision Blizzard, Inc., a Delaware corporation (the “Company”), proposes to issue and sell to the several underwriters named in Schedule A hereto (the “Underwriters”), for whom you (the “Representatives”) are acting as representatives, $400,000,000 principal amount of its 2.600% Senior Notes due 2022 (the “2022 Notes”), $400,000,000 principal amount of its 3.400% Senior Notes due 2027 (the “2027 Notes”) and $400,000,000 principal amount of its 4.500% Senior Notes due 2047 (the “2047 Notes” and, together with the 2022 Notes and the 2027 Notes, the “Securities”)].  The Securities will be issued pursuant to an indenture to be dated as of May 26, 2017 (the “Base Indenture”), among the Company and Wells Fargo Bank, National Association, as trustee (the “Trustee”).  Certain terms of the Securities will be established pursuant to a supplemental indenture to be dated as of May 26, 2017 (the “Supplemental Indenture”) to the Base Indenture (together with the Base Indenture, the

Activision Blizzard, Inc. – EMPLOYMENT AGREEMENT (May 11th, 2017)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the date signed by the Employer, between Activision Blizzard, Inc. (the “Employer”) or “Activision Blizzard” and, together with its subsidiaries, the “Activision Blizzard Group”), and Dennis Durkin (“you”).

Activision Blizzard, Inc. – EMPLOYMENT AGREEMENT (May 11th, 2017)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the date signed by the Employer, between Activision Blizzard, Inc. (the “Employer”) or “Activision Blizzard” and, together with its subsidiaries, the “Activision Blizzard Group”), and Collister “Coddy” Johnson (“you”).

Activision Blizzard, Inc. – EMPLOYMENT AGREEMENT (May 11th, 2017)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the date signed by the Employer, between Activision Blizzard, Inc. (“Activision Blizzard”, or the “Employer”, and, together with its subsidiaries, the “Activision Blizzard Group”), and Thomas Tippl (“you”).

Activision Blizzard, Inc. – EMPLOYMENT AGREEMENT (May 11th, 2017)

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the date signed by the Employer, between Activision Blizzard, Inc. (“Activision Blizzard”, or the “Employer”, and, together with its subsidiaries, the “Activision Blizzard Group”), and Spencer Neumann (“you”).

Activision Blizzard, Inc. – KING DIGITAL ENTERTAINMENT PUBLIC LIMITED COMPANY 2014 EQUITY INCENTIVE PLAN NOTICE OF SHARE OPTION GRANT (100% VESTING ON CHANGE OF CONTROL TERMINATION AND PILON VESTING) (May 4th, 2017)

You (being the Participant named below) (“you”) have been granted an option (the “Option”) by King Digital Entertainment Public Limited Company (the “Company”) under its 2014 Equity Incentive Plan (the “Plan”) to subscribe for the number of Shares set out below (the “Option Shares”).  The Option is granted subject to the terms and conditions of the Plan, this Notice of Share Option Grant (the “Notice”) and the attached Share Option Terms (the “Terms”), including any applicable country-specific provisions in the appendix attached thereto (if any) (the “Appendix”), (the Notice together with Terms (including the Appendix) being the “Agreement”).

Activision Blizzard, Inc. – OPTION EXCHANGE/SUPPLEMENTAL SUBSCRIPTION AGREEMENT (for D1 share options/D3 shares) Riccardo Zacconi (May 4th, 2017)
Activision Blizzard, Inc. – Service Agreement (May 4th, 2017)
Activision Blizzard, Inc. – KING DIGITAL ENTERTAINMENT PUBLIC LIMITED COMPANY 2014 EQUITY INCENTIVE PLAN NOTICE OF RESTRICTED STOCK UNIT AWARD (May 4th, 2017)

You (being the Participant named below) (“you”) have been granted a Restricted Stock Unit Award (the “Award”) by King Digital Entertainment Public Limited Company (the “Company”) under its 2014 Equity Incentive Plan (the “Plan”) in respect of the number of Restricted Stock Units (“RSUs”) set out below.  The Award is granted subject to the terms and conditions of the Plan, this Notice of Restricted Stock Unit Award (the “Notice”) and the attached Restricted Stock Unit Award Terms (the “Terms”), including any applicable country-specific provisions in the appendix attached thereto (if any) (the “Appendix”), (the Notice together with Terms (including the Appendix) being the “Agreement”).

Activision Blizzard, Inc. – ACTIVISION BLIZZARD ANNOUNCES BETTER-THAN-EXPECTED AND RECORD FIRST-QUARTER 2017 FINANCIAL RESULTS Company Increases CY 2017 Revenues and EPS Outlook Record Q1 Revenues, Digital Revenues and Earnings Per Share Record Q1 Operating Cash Flow of Over $400 Million, up 22% Year-Over-Year (May 4th, 2017)

Santa Monica, CA – May 4, 2017 – Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected and record first-quarter 2017 results.

Activision Blizzard, Inc. – Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Double asterisks denote omissions. King PROFIT SHARING PLAN (May 4th, 2017)

This King Profit Sharing Plan, effective February 23, 2016, is for eligible employees of King Digital Entertainment plc (“King”) and its subsidiaries.

Activision Blizzard, Inc. – ACTIVISION BLIZZARD, INC. 2014 INCENTIVE PLAN NOTICE OF PERFORMANCE-VESTING RESTRICTED SHARE UNIT AWARD (May 4th, 2017)

·                 Total number of Restricted Share Units awarded (representing the maximum number of Restricted Share Units which may vest hereunder):  [                                                                                                           ]