1、2015 ANNUAL REPORTACTIVISION BLIZZARD,INC.3100 OCEAN PARK BOULEVARDSANTA MONICA,CALIFORNIA 90405ACTIVISIONBLIZZARD.COMACTIVISION BLIZZARD 2015 ANNUAL REPORTREVENUES1UP 4%YEAR-OVER-YEAR AT CONSTANT FX2DIGITAL REVENUES157%OF TOTAL REVENUE,REPRESENTING AN ALL-TIME HIGH AND UP 20%YEAR-OVER-YEAREARNINGS
2、PER SHARE1UP 13%YEAR-OVER-YEAR AT CONSTANT FX2OPERATING MARGIN1ABOVE PRIOR RECORD AT CONSTANT FX2OPERATING CASH FLOW OVER$6 BILLION OVER THE LAST 5 YEARS1 Non-GAAP;for a full reconciliation,please see tables at the end of the annual report.2 Constant FX provides current period results converted into
3、 USD using the average exchange rates from the comparative prior periods rather than the actual exchange rates in effect during the respective current periods.$4.6 BILLION$2.6 BILLION$1.32 32PERCENT$1.2 BILLION2015:FIGURES IN THIS ANNUAL REPORT DO NOT INCLUDE KINGUNLESS OTHERWISE INDICATED.COVER:YOU
4、 ARE ONLY AS GREAT AS THE CHARACTERS ON YOUR TEAM.CORPORATE INFORMATIONBOARD OF DIRECTORSRobert J.Corti Retired CFO,Avon Products,Inc.Hendrik J.Hartong IIIChairman and Chief Executive Officer,Brynwood PartnersBrian G.Kelly Chairman of the Board,Activision Blizzard Robert A.Kotick President and Chief
5、 Executive Officer,Activision Blizzard Barry Meyer Retired Chairman and CEO,Warner Brothers EntertainmentRobert J.Morgado Retired Chairman and CEO,Warner Music GroupPeter Nolan Senior Advisor,Leonard Green&Partners,L.P.Casey WassermanChairman and Chief Executive Officer,Wasserman Media GroupElaine W
6、ynn Co-founder,Wynn ResortsOFFICERSRobert A.Kotick President and Chief Executive Officer,Activision BlizzardThomas Tippl Chief Operating Officer,Activision BlizzardDennis M.Durkin Chief Financial Officer and Treasurer,Activision BlizzardEric Hirshberg President and Chief Executive Officer,Activision