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East Side Games Group Inc
Symbol EAGR
Shares Issued 81,536,394
Close 2025-05-07 C$ 0.37
Market Cap C$ 30,168,466
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East Side Games shareholders approve all matters at AGM

2025-05-09 08:02 ET - News Release

Mr. Jason Bailey reports

EAST SIDE GAMES GROUP ANNOUNCES RESULTS OF 2025 ANNUAL GENERAL MEETING

East Side Games Group Inc. has released the voting results from its annual general meeting held on May 8, 2025. The total number of shares represented by shareholders present in person and by proxy at the meeting was 42,128,592 common shares, representing 51.67 per cent of the company's issued and outstanding common shares.

All of the matters put forward before shareholders for consideration and approval, as set out in the company's management proxy information circular dated March 24, 2025, were approved by the requisite majority of votes cast at the meeting. The details of the voting results for the election of directors are provided in an attached table.

Darren Xu and Rob McLay are joining the company's board of directors as newly elected members.

"We're thrilled to officially welcome Darren Xu and Rob McLay to our board," said Jason Bailey, chief executive officer of East Side Games Group. "Their exceptional leadership, experience and perspective will be invaluable as we continue to grow ESG into a world-leading games company."

Mr. Xu is the managing member of Questline Capital, a San Francisco-based investment firm. Prior to his current role, he was a managing director at Farallon Capital, and began his career in investment banking at Citigroup in New York. Mr. Xu joins the board as an active and engaged shareholder, bringing deep expertise in capital markets and investor relations. He aims to support East Side Games Group in making great games, and to offer strategic perspectives drawn from his experience across the investment landscape.

Mr. McLay is the portfolio manager of Azalea Fund LP. Azalea is a private investment fund with ownership in a concentrated portfolio of smaller-capitalization public equities in North America, primarily Canada. Azalea utilizes a disciplined, private-equity-style mindset and fundamental research process to identify undervalued and overlooked opportunities with value-surfacing catalysts. Prior to launching Azalea, Mr. McLay has over a decade of experience as a capital markets and investment professional, holding roles at a family office, hedge fund and private equity fund, and as an investment banking analyst specializing in equity and M&A (mergers and aquisitions) transactions. Mr. McLay is a registered advising representative and dealing representative with Sharno Capital Corp., the manager of Azalea.

The shareholders also: (i) approved setting the number of directors at six; and (ii) approved the reappointment of BDO Canada LLP as auditor of the company and authorized the directors to fix the auditor's remuneration.

Results of the shareholder vote on these items are provided in an attached table.

About East Side Games Group Inc.

East Side Games Group is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fuelled by an entrepreneurial spirit, the company is driven by creativity, flawless execution and a laser-focused growth strategy. East Side Games develops and publishes both original and licensed IP (intellectual property) titles, licenses its cutting-edge GameKit(s) platforms, and strategically acquires studios or games to expand its family.

Headquartered in Vancouver with around 120 talent-dense team members, the company operates over a dozen titles under East Side Games and LDRLY (Technologies) Inc. East Side Games is crafting, launching and publishing mobile games across its own studios and an extended GameKit partner network -- reaching players on iOS and Android worldwide.

East Side Games powers its success through in-app purchases -- offering exclusive, game-enhancing virtual items -- and in-game advertising. To keep growing, the company focuses on captivating audiences, keeping them engaged and unlocking exciting new ways to monetize. East Side Games drives this momentum by launching bold new titles, enriching its current lineup, innovating discovery, expanding into fresh markets and exploring new distribution platforms.

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