Mr. Konrad Wasiela reports

ESE ENTERTAINMENT APPLAUDS ESPORTS WORLD CUP WITH THE LARGEST PRIZE POOL IN ESPORTS HISTORY OF $45 MILLION

ESE Entertainment Inc. has expressed its enthusiastic commendation to the Kingdom of Saudi Arabia for the unveiling of the 2024 Esports World Cup.

The Esports World Cup is to be held annually in Riyadh starting in summer 2024, the Saudi Crown Prince announced. The event is said to be the largest of its kind, will include the most popular video games in the world across all genres and will have the largest prize pool in e-sports history, the official Saudi press agency reported.

"The Middle East has emerged as one of the fastest-growing markets in the world for gaming and e-sports. This recent investment and commitment to long-term business growth further solidifies the gaming market. ESE is positioned to provide key services and technology to video game developers and events. The investment and growth in this region are important for the company, as it seeks to expand its business and customer base," ESE chief executive officer Konrad Wasiela commented.

Highlighting ESE's strategic outlook:

• Middle East expansion: ESE aims to solidify its presence by providing its technology and services to customers in the region. It also aims to tap into the large-scale opportunities from events like the Esports World Cup.
• Strengthening partnerships: Alongside trusted partners, ESE plans to leverage its existing relationships with EMEA (Europe, Middle East, Africa) customers and suppliers to scale business in the region.
• Capitalizing on global trends: Recognizing the influx of investment and growth in the Saudi gaming and e-sports ecosystem, ESE is resolute in its plans to contribute to the local ecosystem.

Saudi Arabia's bold vision resonates with ESE's mission. Given the kingdom's strategic objective to amplify the gaming sector's gross domestic product, the symbiotic relationship between Saudi Arabia's gaming initiatives and ESE's advanced services can be mutually beneficial.

Mr. Wasiela further reflected: "Not only has the Kingdom of Saudi Arabia invested $38-billion in Savvy Games Group to become a global leader in gaming, but they have also now doubled down to launch the Esports World Cup, a global competition with the largest prize pool in e-sports history of $45-million. For ESE, this highlights the global video game market continues to expand at a rapid pace. We aim to continue to build our company and our client base internationally."

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming. The company provides a range of services to leading video game developers, publishers and brands by providing technology, infrastructure and fan engagement services internationally. ESE also operates its own e-commerce channels, e-sports teams and gaming leagues.

We seek Safe Harbor.