Mr. Mike Marrandino reports

PLAYGON SIGNS MULTI-YEAR SOFTWARE DEVELOPMENT AND LICENSING AGREEMENT WITH STUDIOWORKS OU TO DELIVER LIVE DEALER TECHNOLOGY

Playgon Games Inc. has executed a multiyear software development and licence agreement with Studioworks OU, a leading Estonian-based provider of branded live-dealer studio environments for the global i-gaming market. Under the agreement, Studioworks will license Playgon's legacy live-dealer solution and engage Playgon to develop custom components supporting Studioworks' interactive gaming platform.

Under the terms of the agreement, Playgon will deliver and fully support its legacy live-dealer solution for Studioworks, including all system set-up, integration work and continuing platform maintenance. Playgon will manage the installation, testing and operation of the software, develop required connections to Studioworks' systems and third party services, and assist with the integration of Studioworks' promotional content and branding within the live-dealer interface. The company will also oversee server management, updates and technical performance while providing Studioworks with secure remote access and the necessary infrastructure to ensure a stable, high-quality live-dealer experience for operators and end-users.

Studioworks will underwrite all operational expenses of the live-dealer studio environment subject to Playgon receiving licensing fees for the use of its technology. Playgon's role is limited to the provision and support of its software platform and does not include ownership or operation of the studio facilities. This partnership is designed to align the interests of both parties, support long-term scalability and generate consistent contractual revenue for Playgon as platform activity grows.

"We are pleased to partner with Studioworks, an organization with deep expertise in branded live-dealer studios and turnkey content delivery," said Darcy Krogh, chief executive officer of Playgon Games. "This agreement marks an important milestone as Playgon returns to active operations following a lengthy hiatus, during which we enhanced our platform and expanded our games portfolio. We look forward to working closely with Studioworks to drive long-term recurring revenue and further demonstrate the scalability and global commercial potential of our legacy live-dealer solution."

"As part of the imminent rollout of the new and unique live-dealer product, Studioworks have, throughout 2025, been searching for an innovative software partner to deliver an unparalleled user experience on a mobile-focused level. Having operated in the live-dealer sector of i-gaming for eight years and seeing very little industry change, Studioworks have spent all of 2025 developing new and exciting products," said Craig Hilton, chief executive officer of Studioworks. "Playgon Games have shown to be by far the best option for content delivery for us. We are exponentially pleased to commence this partnership; we see real long-term value in Playgon's software and major growth potential for our innovative product with their support."

About Playgon Games Inc.

Playgon is a software-as-a-service technology company focused on developing and licensing digital content for the growing i-gaming market. The company provides a multitenant gateway that allows on-line operators the ability to offer their customers innovative i-gaming software solutions. Its current software platform includes live-dealer casino and e-table games, which, through a seamless integration at the operator level, allows customer access without having to share or compromise any sensitive customer data. As a true business-to-business digital content provider, the company's products are ideal turnkey solutions for on-line casinos, sports book operators, land-based operators, media groups and big-database companies.