Mr. Max Rangel reports

SPIN MASTER INKS GLOBAL TOY AGREEMENT WITH PARAMOUNT CONSUMER PRODUCTS FOR DORA, AN UPCOMING, ALL-NEW ANIMATED PARAMOUNT+ ORIGINAL PRESCHOOL SERIES IN AWARD-WINNING DORA THE EXPLORER FRANCHISE

Spin Master Corp. has been awarded the global toy licence for Paramount+ original Dora, a coming all-new preschool series that marks the return of the groundbreaking Latina heroine and the newest property in Nickelodeon's award-winning Dora the Explorer franchise. Spin Master's diverse toy collection, expected to launch in the fall of 2024, will include figures, dolls, playsets, vehicles, plush, roleplay, games and puzzles, inspired by Dora, her companion Boots, and other beloved characters and locales they explore.

Produced by Nickelodeon Animation, Dora is an all-new CG-animated (computer graphics) preschool series featuring the beloved characters from the iconic series and set to stream exclusively on Paramount+ in spring 2024 in the United States. Internationally, Dora will stream day and date on Paramount+ and air on Nickelodeon channels in all markets where available.

"We're focused on being a leader in the preschool play space, driven by globally acclaimed entertainment series and toy lines with deep character affinity," said Max Rangel, Spin Master's global president and chief executive officer. "We are inspired by the enduring power of Paramount and Nickelodeon's Dora the Explorer franchise and the ongoing impact it's had on generations of preschoolers spanning more than 20 years. Our talented design teams will leverage their deep experience of translating revered onscreen adventures into toys that will ignite preschoolers' imaginations and inspire new play experiences."

"We're thrilled to partner with Spin Master on this new era of Dora the Explorer and work together to create toys that bring Dora's world to life," said Pam Kaufman, president and chief executive officer, international markets, global consumer products and experiences, Paramount. "Dora and her friends have been enduringly popular with children all over the world, and we can't wait to see kids and families embrace the new Dora at playtime."

Since launching on Nickelodeon in 2000, Dora the Explorer has emerged as a pop culture phenomenon and can be seen in 144 markets and is translated into 23 languages. The series has received countless awards, including Peabody, NAACP, Alma, Imagen, Latino Spirit, Parents' Choice, the Television Critics Association Award, and has received several Daytime Emmy nominations. Dora the Explorer is created by Chris Gifford, Valerie Walsh Valdes and Eric Weiner.

About Spin Master Corp.

Spin Master is a leading global children's entertainment company, creating exceptional play experiences through its three creative centres: toys, entertainment and digital games. With distribution in over 100 countries, Spin Master is best known for award-winning brands Paw Patrol, Bakugan, Kinetic Sand, Air Hogs, Hatchimals, Rubik's Cube and Gund and is the global toy licensee for other popular properties. Spin Master Entertainment creates and produces compelling multiplatform content, through its in-house studio and partnerships with outside creators, including the preschool franchise Paw Patrol and numerous other original shows, short-form series and feature films. The company has an established presence in digital games, anchored by the Toca Boca and Sago Mini brands, offering open-ended and creative game and educational play in digital environments. Through Spin Master Ventures, the company makes minority investments globally in emerging companies and start-ups. With 26 offices in close to 20 countries, Spin Master employs more than 2,000 team members globally.