An anonymous director reports

EAST SIDE GAMES GROUP ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID

East Side Games Group Inc. has renewed its normal course issuer bid (the NCIB).

The company's board of directors believes that the market price of the company's common shares, from time to time, may not reflect the inherent value of the company, and purchases of shares pursuant to the NCIB represent an appropriate and desirable use of the company's funds. Any purchases made under the NCIB will be made by the company subject to favourable market conditions at the prevailing market price at the time of acquisition through the facilities of the Toronto Stock Exchange (the TSX) and other alternative Canadian trading systems.

The company's board of directors has approved such renewal, and the TSX has accepted the company's notice of intention to commence with a new NCIB for a one-year period. This enables the company to purchase up to 4,076,819 of its shares, representing approximately 5 per cent of its outstanding shares as of Nov. 10, 2023, over the next 12 months commencing Nov. 16, 2023, in accordance with the applicable policies of the TSX and securities laws.

Under the NCIB, other than purchases made pursuant to block purchase exemptions, the company may purchase up to 3,330 shares on the TSX and other alternative Canadian trading systems during any trading day, which represents approximately 25 per cent of the average daily trading volume of the shares on the TSX for the past six calendar months, being 13,321 shares per day. The company may cancel any shares repurchased under the NCIB, or reserve them for awards under its equity compensation plan.

In conjunction with the NCIB, the company has renewed its automatic share purchase plan (the ASPP) with a designated broker to allow for the purchase of its shares under the NCIB at times when the company normally would not be active in the market due to applicable regulatory restrictions or internal trading blackout periods. The ASPP has been precleared by the TSX and is effective Nov. 16, 2023, the commencement date of the NCIB. The ASPP constitutes an automatic securities purchase plan under applicable Canadian securities laws. Shares purchased under the ASPP will be included in computing the number of shares purchased under the NCIB. Outside of these internal trading blackout periods, purchases under the NCIB will be made based on management's discretion.

Although the company intends to purchase shares under its NCIB, there can be no assurances that any such purchases will be completed.

The company previously purchased a total of 733,879 shares out of the 4,076,819 shares authorized under the previous NCIB, which commenced on Aug. 15, 2022, and terminated on Aug. 14, 2023, at a volume-weighted average price per share of 95 cents. All shares were purchased on the open market through the facilities of the Toronto Stock Exchange.

About East Side Games Group Inc.

East Side Games Group (formerly operating under the name Leaf Mobile Inc.) is a leading free-to-play mobile game group, creating engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution and growth through licensing of its proprietary game kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed intellectual property mobile games that include: Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, Trailer Park Boys Grea$y Money, RuPaul's Drag Race Superstar, The Office: Somehow We Manage, Star Trek: Lower Decks -- The Badgey Directive, and Doctor Who: Lost in Time.

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