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Gaming Innovation Group

Gaming Innovation Group

GIG: Notification of large shareholding

09:23 / 21 June 2023 Gaming Innovation Group Press release

On 20 June 2023, 73 former shareholders of Sportnco Gaming SAS, as referred to
in Annex 1 (the "Shareholders"), entered into an agreement (the "Agreement")
regarding their ownerships in Gaming Innovation Group Inc. ("GiG"), pursuant to
which the Shareholders undertake to vote in a unified manner in accordance with
the rules defined in the Agreement at any general meeting of GiG. The Agreement
has a duration of two years.

As a consequence of the Agreement, the Shareholders are considered to have a
long-term and joint long-term strategy regarding the exercise of voting rights,
cf. section 4-4 (1) of the Norwegian Securities Trading Act, and the
Shareholders' holdings of shares and other financial instruments must therefore
be aggregated when calculating their disclosable holdings.

Following conclusion of the Agreement, the Shareholders hold 10,581,156 shares
in total, representing 8.2% of the total registered share capital and voting
rights in GiG. The Shareholders have therefore, collectively, exceeded the 5%
threshold for disclosure of large shareholdings.

Pursuant to the Agreement, Hervé Schlosser (e-mail:
has been appointed as the representative of the Shareholders.

This disclosure is made pursuant to section 4-4, cf. section 4-2 of the
Norwegian Securities Trading Act.

Please see attachment on
Oslo Børs

This information was distributed by Oslo Børs