Ms. Sophia Bisoukis reports

SPIN MASTER CORP. ANNOUNCES ELECTION OF DIRECTORS

The nominees listed in Spin Master Corp.'s management information circular were elected as directors of the company at its annual meeting of shareholders held on May 1, 2025. Newly elected to the company's board is Gary Vaynerchuk, who will serve as director.

Mr. Vaynerchuk is the chairman of VaynerX, chief executive officer of Vayner Media, and creator and CEO of VeeFriends, in addition to being an angel investor and a New York Times bestselling author. With extensive experience in digital marketing and social media, Mr. Vaynerchuk's expertise lies at the intersection of what is next in culture, business and the Internet -- keeping him on the cusp of the latest evolutions in marketing. A respected businessperson, Mr. Vaynerchuk has an impressive network of industry connections and his own 44 million followers across social channels.

"We're so fortunate to welcome Gary to the board, bringing with him his rich entrepreneurial experience, keen instincts and a founder's mentality that's reflective of the Spin Master way," said Sophia Bisoukis, Spin Master's chair and co-founder. "His business expertise and forward-thinking approach will support our continued innovation as we connect with children and their families, igniting imaginations and reimagining everyday play."

The results of the vote for the election are as follows.

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, Hatchimals, Bakugan, Kinetic Sand, Air Hogs, Melissa & Doug, 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 29 offices spanning nearly 20 countries, Spin Master employs close to 3,000 team members globally.