Mr. Corey Goodman reports

NORTHSTAR GAMING ANNOUNCES RESULTS OF ANNUAL MEETING AND GRANT OF EQUITY INCENTIVE AWARDS

Northstar Gaming Holdings Inc. has released the results of voting at its annual general and special meeting of shareholders held on May 26, 2025. The company also announced that its board of directors has approved the grant of equity incentive awards in the form of stock options, restricted share units (RSUs) and deferred share units (DSUs) pursuant to the company's equity incentive plan.

Each of the director nominees listed in the company's management information circular dated April 23, 2025, was re-elected as a director of the company, including Vic Bertrand, Brian Cooper, Alex Latner, Dean Macdonald, Chris McGinnis, Michael Moskowitz, Sylvia Prentice and Barry Shafran.

The shareholders of the company approved the reappointment of KPMG LLP as the auditor of the company for the ensuing year and authorized the board of directors to fix its remuneration and terms of engagement.

At the meeting, the shareholders of the company approved certain amendments to the company's omnibus equity compensation plan, in accordance with the TSX Venture Exchange rules and policies. A copy of the plan is attached as an appendix to the circular, which is available on the company's SEDAR+ profile.

Stock options

The company has granted options to acquire up to 3,932,500 common shares of the company to certain of its employees, consultants and officers. The options have an exercise price of six cents per common share and expire in five years. The options vest annually in equal tranches over a period of three years.

RSUs

The company has granted an aggregate of six million RSUs pursuant to the plan to certain of its employees, consultants and officers. The RSUs vest annually in equal tranches over a period of three years.

DSUs

The company has granted an aggregate of 2,454,545 DSUs pursuant to the plan to non-executive directors of the company in lieu of cash compensation for their services to date. The DSUs vest immediately and may only be redeemed upon a holder ceasing to be a director of the company.

The grant of stock options, RSUs and DSUs remains subject to the approval of the TSX-V.

About Northstar Gaming Holdings Inc.

Northstar proudly owns and operates Northstar Bets, a Canadian-born casino and sports book platform that delivers a premium, distinctly local gaming experience. Designed with high-stakes players in mind, Northstar Bets Casino offers a curated selection of the most popular games, ensuring an elevated user experience. Northstar Gaming's sports book stands out with its exclusive sports insights feature, seamlessly integrating betting guidance, stats and scores, all tailored to meet the expectations of a premium audience.

As a Canadian company, Northstar is uniquely positioned to cater to customers who seek a high-quality product and an exceptional level of personalized service, setting a new standard in the industry. Northstar is committed to operating at the highest level of responsible gaming standards.

Northstar is listed in Canada on the TSX-V under the symbol BET and in the United States on the OTCQB under the symbol NSBBF.

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