Mr. Andrew Berger reports

GAMESQUARE ANNOUNCES GRANT OF RESTRICTED SHARE UNITS

Gamesquare Holdings Inc. has entered into new employment agreements with Justin Kenna and Lou Schwartz, in respect of their roles as chief executive officer and president, respectively, of the company.

Under Mr. Kenna's employment agreement, Mr. Kenna was granted 495,720 restricted share units (each, an RSU) of the company pursuant to the company's equity incentive plan (omnibus plan), which will vest one year following the grant date and entitle the holder thereof to one common share of the company or a cash payout equal to the value of the RSUs on settlement.

About Gamesquare Holdings Inc.

Gamesquare Holdings is a vertically integrated, digital media, entertainment and technology company that connects global brands with gaming and youth culture audiences. Gamesquare's end-to-end platform includes GCN, a digital media company focused on gaming and e-sports audiences; Cut+Sew (Zoned), a gaming and lifestyle marketing agency in the United States; Code Red Esports Ltd., a Unted Kingdom based e-sports talent agency; Complexity Gaming, a leading e-sports organization; Fourth Frame Studios, a creative production studio; Mission Supply, a merchandise and consumer products business; Frankly Media, for programmatic advertising; Stream Hatchet, for live streaming analytics; and Sideqik, a social influencer marketing platform.