Mr. Dean MacDonald reports

NORTHSTAR GAMING APPOINTS COREY GOODMAN AS CHIEF EXECUTIVE OFFICER AND ANNOUNCES FINANCE LEADERSHIP TRANSITION

Northstar Gaming Holdings Inc. has appointed Corey Goodman as chief executive officer on a permanent basis. Mr. Goodman has served as the company's interim chief executive officer since Dec. 8, 2025, during which time he has led the company through a period of financial and operational stabilization and its efforts to resolve outstanding audit and reporting matters.

"On behalf of the board, I am pleased to confirm Mr. Goodman as Northstar's chief executive officer," said Dean MacDonald, chair of the board. "Corey has brought focus and discipline to the company at a pivotal time, and the board has full confidence in his leadership as Northstar completes its outstanding financial reporting and continues to strengthen the business."

The company also announced a transition in its finance leadership. Chin Dhushenthen has resigned as chief financial officer, effective Aug. 17, 2026. Mr. Dhushenthen has agreed to remain engaged in an advisory capacity to support continuity through the completion of the company's outstanding audits.

Ben Powell has been appointed interim chief financial officer, effective Aug. 17, 2026. Mr. Powell is a CFA charterholder and has been with Northstar since its inception, playing a central role in the company's financing and capital-raising activities, and bringing deep familiarity with its capital structure, along with experience across budgeting, forecasting and financial planning.

The company has concurrently made other enhancements to its accounting function to support the completion of its outstanding audits by Davidson & Company LLP, including engaging a chartered professional accountant on a consulting basis.

The company further announced the appointment of Krisztina Kalla as vice-president, compliance. In this role, Ms. Kalla will be responsible for the company's regulatory compliance function.

"I want to thank Chin for his contributions to Northstar and for his continued support through the completion of our audits," said Mr. Goodman. "Chin has agreed to remain engaged in an advisory capacity, which will provide continuity as our auditors complete their work. I am also pleased to welcome Ben and Krisztina to their new roles, and I am confident that the strengthened finance and compliance functions will serve the company well as we move forward."

Audit update

Davidson & Company LLP has been engaged to conduct the audits of the company's outstanding financial statements for the fiscal years ended Dec. 31, 2023, Dec. 31, 2024, and Dec. 31, 2025. Davidson currently plans to complete the audits for the three fiscal years concurrently and, as a result, the company expects these audits to be completed later in 2026. The company will provide further updates in due course.

About Northstar Gaming Holdings Inc.

Northstar is an Ontario-based i-gaming operator. Through its subsidiary, the company operates NorthStarBets.ca, a premium i-casino and sportsbook, pursuant to an operating agreement with iGaming Ontario and a registration with the Alcohol and Gaming Commission of Ontario. Northstar's technology platform is provided by Playtech PLC, a leading global provider of i-gaming technology and the company's largest shareholder.

Northstar is listed in Canada on the TSX Venture Exchange under the symbol BET and in the United States on the OTC Pink under the symbol NSBBF.

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