Mr. Matevz Mazij reports

BRAGG GAMING GROUP ANNOUNCES FURTHER RESTRUCTURING TO ACCELERATE PATH TO CASH GENERATION AND A MORE FOCUSED BUSINESS

Bragg Gaming Group Inc. is implementing a further set of organizational and operational measures designed to improve its cost structure, sharpen its strategic focus and accelerate its path to becoming a sustainable cash-generative business.

The measures include a reduction of approximately 19 per cent of the company's global work force. Bragg anticipates annualized cash savings from these measures of approximately six million euros once fully implemented. These savings are anticipated to be incremental to the approximately 4.5 million euros in annualized cash savings anticipated in connection with the strategic restructuring previously announced on Jan. 8, 2026. Taken together, these measures are expected to deliver approximately 10.5 million euros of annualized cash savings.

The company expects to incur costs related of approximately 600,000 euros, associated with personnel-related termination costs, in the second half of 2026, in connection with the restructuring measures announced today, which costs are incremental to the expected costs of the prior restructuring.

Together, these steps position Bragg as a leaner, more focused organization concentrated on its core technology, content and platform products, and better structured to capitalize on growth opportunities as the global i-gaming industry continues to regulate and mature.

"We believe that the steps we took at the start of the year were the right ones for the business and today we are going further," said Matevz Mazij, chief executive officer at Bragg. "These measures are designed to deliver focus, discipline, execution and cash generation. By combining a more focused organization with the acceleration of our AI-first transformation, we are structurally improving our costs while continuing to protect the technology, content and people that drive our competitive advantage. The measures announced today build directly on the restructuring we announced in January and move us decisively toward sustained cash generation -- leaving Bragg leaner, sharper, and well positioned for growth and the market consolidation opportunities we see ahead as the industry further regulates. I want to sincerely thank the colleagues who are leaving Bragg for their dedication and contribution."

About Bragg Gaming Group

Bragg Gaming Group crafts i-gaming environments that elevate player experiences. By combining battle-tested regulatory expertise with smart technology and captivating games and gaming worlds, Bragg delivers a proven revenue engine for operators and an unforgettable experience for players.

The Bragg product suite includes:

• Casino games: featuring Bragg studios game experiences, as well as aggregated and bespoke IP (intellectual proeprty) crafted for Bragg by partner studios;
• fuze: real-time behavioural intelligence that maps player journeys to reduce churn and maximize lifetime value;
• Bragg hub: a single integration aggregating the industry's best games from Bragg's premium in-house studios and third party games houses;
• Bragg PAM: a proven, scalable platform that simplifies operations across markets.

Licensed and operational in 30-plus regulated markets globally, including the United States, Canada, Latin America and Europe, Bragg is engineered for i-gaming players and built for operator growth.

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