Mr. Konrad Wasiela reports

ESE ENTERTAINMENT PROVIDES CORPORATE UPDATE

ESE Entertainment Inc. has provided an update to its shareholders, detailing the company's strategic direction and recent achievements.

Strategic highlights and future objectives

Non-dilutive cash injection: Following the sale of its remaining minority interest asset, ESE has received a substantial non-dilutive cash injection, recapitalizing the treasury. This transaction not only improves ESE's cash position without causing dilution to shareholders, but also reduces audit and operational costs associated with continuing to hold the asset.

Shareholder value: With a capitalized treasury, ESE is in a stronger position to execute its strategic plans and focus on increasing value. The company is dedicated to creating shareholder value through disciplined financial management and strategic investments in high-growth areas.

Focus on innovation: ESE is now strategically positioned to become a global leader in gaming production, AI (artificial intelligence), AR (augmented reality) and VR (virtual reality) technologies. It is committed to leveraging its industry expertise to push the boundaries of innovation and deliver cutting-edge solutions to its clients and partners.

Profitable growth through M&As (mergers and acquisitions): The company's primary focus moving forward is on profitable growth within the gaming and entertainment sector. ESE is actively seeking mergers and acquisitions that align with its strategic objectives and enhance its profitability. This approach will help the company scale efficiently while maintaining a strong financial foundation.

Operational excellence: As ESE streamlines its operations and focus on core business areas, the company anticipates improved efficiency and cost-effectiveness. This operational excellence will be a key driver in achieving the company's long-term strategic goals.

Konrad Wasiela, chief executive officer of ESE Entertainment, shared: "The recent sale of our minority interest asset provides us with a significant non-dilutive cash injection, positioning us for future growth. We are now focused on becoming a global leader in gaming production, AI, AR and VR. Our commitment to profitable growth through strategic M&A and operational excellence will drive us forward.

"In this new phase, we aim to solidify our market presence and enhance shareholder value. Our capitalized treasury and strategic focus put us in an excellent position to achieve our objectives," added Mr. Wasiela.

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.

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