File: Attachment Press release - Playgon - Completion of Note Upsizing and Proposed Debenture Extension Final[1].pdf

FOR IMMEDIATE RELEASE

Playgon Completes Extension to Debenture Maturity Dates and Proposed Shares for Debt

VANCOUVER, British Columbia, June 2, 2026 Playgon Games Inc. (TSX-V: DEAL / OTCQB: PLGNF / Frankfurt: 7CR) ("Playgon" or the "Company"), a propriety SaaS technology company delivering mobile live dealer technology to online gaming operators globally, announces that, further to its press release dated March 27, 2026, and further to the approval of the TSX Venture Exchange ("TSXV"), it has obtained the approval of the requisite number of holders to its previously issued unsecured convertible debentures (the "Debentures") for purposes of extending the maturity date from March 31, 2026 to September 30, 2026. For further details relating to the extension, please refer to the Company's press release referenced above available under the Company's SEDAR+ profile (the "Maturity Date Extension").

As a result of the Maturity Date Extension, (i) with respect to the Debentures issued on January 19, 2023 and March 23, 2023, an additional interest payment date will become effective on June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity, (ii) with respect to the Debentures issued on December 29, 2023, additional interest payment dates will become effective on each of March 31, 2026 and June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity, and (iii) with respect to the Debentures issued on May 3, 2023, an additional interest payment date will become effective on June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity. With respect to the Debentures issued on December 29, 2023, and given the new additional interest payment date of March 31, 2026, the Company has submitted an application with, and subsequently obtained the approval from, the TSXV pursuant to Policy 4.3 of the TSXV Corporate Finance Manual (the "Shares for Debt Transaction") for purposes of settling an aggregate amount of CAD$123,650 of debt relating to the aggregate interest payments owed to the holders of those Debentures via the issuance of 12,365,000 common shares of the Company at a deemed price per share of CAD$0.01. In accordance with the terms of the Debentures, the Company may, in its sole discretion, satisfy any portion of interest accrued on the Debentures via the issuance of shares of the Company based on the applicable VWAP calculation contemplated in such Debentures. An aggregate amount of CAD$118,650 (96%) of such interest owed is held by related parties of the Company and, as such, such portion of the Shares for Debt Transaction will constitute a "related party" transaction pursuant to Multilateral Instrument 61-101 ("MI 61-101") and Policy 5.9 of the TSXV Corporate Finance Manual. The Company intends to rely on available exemptions from the formal valuation and minority shareholder approval requirements as provided for under MI 61-101 as neither the fair market value of the subject matter of, nor the fair market value of the consideration for, the transactions, insofar as it involves related parties of the Company, exceeds 25% of the Company's market capitalization. About Playgon Games Inc.

Playgon is a SaaS technology company focused on developing and licensing digital content for the growing iGaming market. The Company provides a multi-tenant gateway that allows online operators the ability to offer their customers innovative iGaming software solutions. Its current software platform includes Live Dealer Casino and E-Table games which, through a seamless integration at the operator level, allows customer access without having to share or compromise any sensitive customer data. As a true business-to-business digital content provider, the Company's products are ideal turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and big database companies. For further information, please visit the Company's website at www.playgon.com.

For further information, contact: Darcy Krogh, President and CEO Tel: (604) 657 7273 Email: investor@playgon.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.