On April 5, 2024, and effective at the closing of the Purchase Agreement, Philip Daniel Moyes resigned as a member of the Board of Directors of Golden Matrix Group, Inc., which resignation was a required condition to the closing of the transactions contemplated by the Purchase Agreement. The Board of Directors also agreed to accelerate the vesting of the Restricted Stock Units held by Mr. Moyes (50,000 RSUs, which will be settled by the issuance of the same number of shares of common stock), as of the closing date of the Purchase Agreement. Effective on April 9, 2024, the Company appointed William Scott as a member of the Board of Directors of the Company pursuant to the rights of the holders of the Series C Voting Preferred Stock of the Company to appoint up to two members of the Board of Directors of the Company, subject to certain ownership limitations.

Mr. Scott was also appointed as the Chairman of the Board of Directors of the Company. Mr. Scott was appointed as a member of the Company?s Audit Committee upon his appointment to the Board of Directors and it is expected that he will also be appointed as Chairman of the Nominating and Governance Committee in the upcoming weeks. Since June 2013, Mr. Scott has served as a director of Warrenside Limited ?

London, a gambling consultancy firm where he provides advisory services. From July 2004 to June 2013, Mr. Scott served as Vice President ? Interactive, of GTECH (now IGT)London, a gaming and lottery technology provider where he served as the executive in charge of the interactive division.

From July 2002 to April 2004, Mr. Scott served as an advisor with ICW Holdings Limited ? London, which is a power systems provider. From June 2000 to April 2002, Mr. Scott served as Finance Director of Coffee Republic plc London.

Prior to that he held various finance, managerial and director roles in various industries. Mr. Scott also currently serves on the Board of Directors of a number of private companies, mainly in the gaming industry, including Ithuba Holdings (RF)(Pty)Ltd, a lottery operator located in South Africa which he serves on the Board of Directors of, and on the Audit and Risk Committee of, Fincore Limited ? London, a technology provider to the gambling industry and government/banks and Bildabet Technology Limited, a technology provider to the gambling industry.

Mr. Scott also served as a member of the Board of Directors of Playgon Games Inc. (OTCMKTS:PLGNF), a licensor of digital content for the iGaming market, from October 2018 to May 2023. Mr. Scott is a member of the Chartered Accountants of South Africa. Mr. Scott also serves on the Board of Directors of a charity organization, Education Africa, as well as a ?know your client?/anti-money laundering organization based in London, England.

Mr. Scott obtained a Bachelor of Commerce degree from the University of Witwatersrand, in Johannesburg, South Africa, with Honors.