Mr. Matevz Mazij reports

BRAGG STRENGTHENS EXECUTIVE TEAM FOR ENHANCED CONTENT STRATEGY, NORTH AMERICAN GROWTH, AND AI-FIRST TRANSFORMATION

Bragg Gaming Group Inc. has appointed Morten Tonnesen as its new chief operating officer and has promoted Garrick Morris to the position of executive vice-president of global content, United States and Canada.

These immediate management changes emphasize Bragg's strategic focus on aggressively scaling and expanding the high-margin content business globally, especially throughout the U.S. and Canada. This global content business demonstrated significant growth, increasing by 76 per cent in fourth quarter 2025 compared with Q4 2024 and achieving 69-per-cent growth for the full-year 2025 compared with 2024. This growth is supported by the acceleration of the Bragg artificial intelligence brain initiative and the company's future presence in key emerging markets, such as historical and live racing and prediction markets. The organizational realignment represents the necessary final steps following the structural cost changes announced in January, 2026.

Matevz Mazij, chief executive officer of Bragg Gaming Group, commented: "I'm thrilled to welcome Morten to Bragg and congratulate Garrick on his promotion. Both leaders are highly qualified, bringing extensive iGaming expertise that will be vital as we embark on our next chapter: becoming a global B2B leader in content, engagement and infrastructure and what we believe will be iGaming's AI-first company. Our cutting-edge tech stack has moved beyond the investment phase and is now a proven cash generator engineered for horizontal scaling.

"We believe their contributions will strengthen our ability to deliver operational leverage, meet our goals to streamline internal processes, enhance overall efficiency across our organization, and advance us further along the path toward EBITDA growth and net profitability. Importantly, with Morten streamlining operations and Garrick focused on U.S. and global content expansion, we also believe that we are uniquely positioned to provide the robust iGaming ecosystems required by leading players in the evolving historical and live racing and prediction markets. We believe Bragg will stand out as the sole B2B provider operating at the convergence of iGaming, sports and predictions."

As chief operating officer, Mr. Tonnesen's mandate includes driving operational leverage and implementing Bragg's ambitious artificial intelligence transformation. The goal of this transformation is to establish Bragg as an AI-first company by 2027. This transition is supported by specific 2027 objectives: ensuring AI-enhanced products are standard in over 90 per cent of new launches and integrating AI into more than three-quarters of Bragg's operational workflows.

Mr. Tonnesen brings over 17 years of progressive leadership experience in the iGaming, sports betting and technology sectors. He is recognized for his expertise in scaling complex businesses, driving cost-efficiencies and operational excellence, and executing high-impact initiatives to expand into new markets and achieve profitable growth. Before joining Bragg, Mr. Tonnesen served as chief growth officer at Xtremepush, a leading provider of AI-powered CRM and loyalty marketing. Prior to his role at Xtremepush, which he joined in 2024, he was chief commercial officer at Shape Games, an award-winning digital business-to-business platform and service provider for the iGaming industry, which was subsequently sold to Kambi. Earlier in his career, he co-founded and exited the sports betting operator BetWarrior, now a major player in LatAm. He also spent six years in various roles at PokerStars. Mr. Tonnesen holds a bachelor of science in general economics and a master of science in strategy, management and organization from Copenhagen Business School.

Mr. Tonnesen stated: "It has been captivating to watch the scale, scope and speed with which Bragg is already building the Bragg AI brain and, thereby, transforming itself into an AI-first company. With Bragg navigating a combination of increasingly complex regulatory compliance requirements and recent tax headwinds in the Netherlands and other regions, exciting new emerging market opportunities in the U.S. and elsewhere, and potential consolidation in the overall global iGaming and prediction markets, my near-term focus will be squarely on helping steer the Bragg AI brain toward protecting the company's cash runway and driving its EBITDA growth."

Mr. Morris first joined Bragg as senior vice-president, commercial, for the U.S. and Canada, in 2024. In an iGaming management career spanning more than 15 years, before joining Bragg, he served as chief operating officer at Digital Gaming Corp., operations manager at Microgaming and information technology platforms manager at Derivco. Mr. Morris has a bachelor of economics from Stellenbosch University.

Mr. Morris commented: "Since I first joined Bragg in May, 2024, we have significantly expanded our U.S. content footprint through the launch of our newest games, remote gaming server technology and player account management platform. I look forward to working with the team to help further accelerate growth, including via our planned strategic entrance into the historical and live racing and prediction markets segments, with the aim of enhancing value for our shareholders."

About Bragg Gaming Group Inc.

Bragg Gaming Group is a leading iGaming content and platform technology solution provider serving on-line casino, sports betting and lottery operators with its proprietary, exclusive and aggregated casino games content, and its cutting-edge player account management and player engagement technology. Bragg Studios offers high performing and passionately crafted casino game titles using the latest in data-driven insights from in-house brands including Wild Streak Gaming, Atomic Slot Lab and Indigo Magic. Its proprietary content portfolio is complemented by a selection of exclusive titles from carefully selected casino games studio partners under the powered by Bragg program. Games built on Bragg's remote games server technology are distributed through the Bragg Hub content delivery platform and are available exclusively to Bragg customers. Bragg's powerful, modular PAM technology powers multiple leading iGaming brands and is supported by expert in-house managed, operational and marketing services. On-line casino games and products delivered through the Bragg Hub, either exclusively or from Bragg's extensive aggregated casino games portfolio, are managed from a single back office, with a cutting-edge data platform, and Bragg's award-winning Fuze player engagement tool set. Bragg is licensed, certified, or otherwise approved and operational in over 30 regulated iGaming markets globally, including in the U.S., Canada, Latin America and Europe.

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