Gaming Innovation Group - Minutes from Special Meeting of Shareholders

23 Sep 2024 12:00 CEST

A Special Meeting of Shareholders in Gaming Innovation Group Inc. (the
"Company") was held today, 23 September 2024, in Stockholm, Sweden. Shareholders
representing 57.38% of the shares entitled to vote were present in person or by
proxy.

The Special Meeting of Shareholders resolved an amendment to the Company's
Amended and Restated Certificate of Incorporation authorizing (i) a change in
the par value per share of the Company's Common Stock from one dollar (USD 1.00)
to one tenth of a cent (USD 0.001) and (ii) a change in the name of the Company
from "Gaming Innovation Group Inc." to "Gentoo Media Inc."

The Special Meeting of Shareholders also resolved to approve the split of the
Company as further described in the Plan of Separation attached to the Notice of
Special Meeting of Shareholders dated 4 September 2024, whereby the GIG Platform
business will be spun off to operate as an independent public company, GiG
Software PLC. The assets and subsidiaries of the GiG Platform business will
thereby be extracted from the Company and distributed to the shareholders. This
will result in the Company being split into two separate unaffiliated public
companies. The Media Business, which is not extracted through the spin-off, will
remain with the Company, which is renamed to Gentoo Media Inc.

Finally, the Special Meeting of Shareholders also elected Tomasz Juroszek as new
member of the Board of Directors, replacing Steve Salmon that resigned in June
2024.

The minutes from the Special Meeting of Shareholders will be uploaded on the
Company's website, www.gig.com.

For further information, please contact:
Mikael Riese Harstad, Chairman of the Board, mikael.harstad@gig.com, +44
7984183850
Tore Formo, Group CFO of GiG, tore@gig.com, +47 916 68 678

About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing
solutions, products and services to iGaming Operators. Founded in 2012, Gaming
Innovation Group's vision is 'To be the industry leading platform, sportsbook
and media provider delivering world class solutions to our iGaming partners and
their customers.  GiG's mission is to drive sustainable growth and profitability
of our partners through product innovation, scalable technology and quality of
service. Gaming Innovation Group operates out of Malta and is dual-listed on the
Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under
the ticker symbol GIGSEK. www.gig.com

More information:
Access the news on Oslo Bors NewsWeb site

628320_GiG_Minutes_23_September_2024.pdf