Mr. Darcy Krogh reports

PLAYGON COMPLETES EXTENSION TO DEBENTURE MATURITY DATES AND PROPOSED SHARES FOR DEBT

Further to its press release dated March 27, 2026, and further to the approval of the TSX Venture Exchange, Playgon Games Inc. has obtained the approval of the requisite number of holders to its previously issued unsecured convertible debentures for purposes of extending the maturity date from March 31, 2026, to Sept. 30, 2026. For further details relating to the extension, please refer to the company's press release referenced above available under the company's SEDAR+ profile.

As a result of the maturity date extension: (i) with respect to the debentures issued on Jan. 19, 2023, and March 23, 2023, an additional interest payment date will become effective on June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity; (ii) with respect to the debentures issued on Dec. 29, 2023, additional interest payment dates will become effective on each of March 31, 2026, and June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity; and (iii) with respect to the debentures issued on May 3, 2023, an additional interest payment date will become effective on June 30, 2026, and interest will thereafter continue to accrue and become due and payable on maturity. With respect to the debentures issued on Dec. 29, 2023, and given the new additional interest payment date of March 31, 2026, the company has submitted an application with and subsequently obtained the approval from the TSX-V pursuant to Policy 4.3 of the TSX-V corporate finance manual for purposes of settling an aggregate amount of $123,650 of debt relating to the aggregate interest payments owed to the holders of those debentures through the issuance of 12,365,000 common shares of the company at a deemed price per share of one cent. In accordance with the terms of the debentures, the company may, in its sole discretion, satisfy any portion of interest accrued on the debentures through the issuance of shares of the company based on the applicable VWAP (volume-weighted average price) calculation contemplated in such debentures. An aggregate amount of $118,650 (96 per cent) of such interest owed is held by related parties of the company and, as such, such portion of the shares-for-debt transaction will constitute a related party transaction pursuant to Multilateral Instrument 61-101 and Policy 5.9 of the TSX-V corporate finance manual. The company intends to rely on available exemptions from the formal valuation and minority shareholder approval requirements as provided for under MI 61-101 as neither the fair market value of the subject matter of nor the fair market value of the consideration for the transactions, insofar as it involves related parties of the company, exceeds 25 per cent of the company's market capitalization.

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 a live-dealer casino and e-table games that, through a seamless integration at the operator level, allow 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.