The 10 teams (Sweden, Canada, Belarus, Latvia, Switzerland, Russia, USA, Czech Republic, Finland, Germany) are divided into two, five-team groups in the Preliminary Round.
After a single round-robin series in each group, the top four teams from each group advance to the Playoff Round while the fifth-placed team in each group moves to the Relegation Round.
The top four placed teams from the Preliminary will play a cross-over Quarterfinal game: 1A vs. 4B, 1B vs. 4A, 2A vs. 3B and 2B vs. 3A. The winner of each Quarterfinal moves onto the Semi-Finals.
In the semi-finals the best-ranked team - criteria: 1) placement in the group, 2) points in the preliminary round, 3) goal difference in the preliminary round, 4) goals scored in the preliminary round, 5) seeding coming into the tournament - will play against the lowest-ranked semi-finalist. The 2nd-best ranked semi-finalist will play the 3rd-best ranked semi-finalist. The host if qualified, or otherwise the best-ranked semi-finalist according to beforementioned criteria, shall play the early game. The time slots will officially be determined after the quarter-final games.
The winner of each Semi-Final game will move onto the Gold Medal Game, while the losers will play in the Bronze Medal Game.
The quarter-final losers will be ranked 5th to 8th according to 1. their position in the group, 2. their preliminary-round record (1. points, 2. goal difference, 3. goals scored).