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BETMAKERS TECHNOLOGY GROUP LTD Board/Management Information 2022

Mar 3, 2022

64512_rns_2022-03-03_bedc8495-0340-4502-a3bc-eaf79479fde4.pdf

Board/Management Information

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BETMAKERS TECHNOLOGY GROUP LTD ACN: 164 521 395

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Phone: 1 300 208 849 Fax: (02) 8330 6357 Suite 19, Level 2, 50 Glebe Road The Junction, NSW 2291

4 March 2022

BETMAKERS ANNOUNCES APPOINTMENT OF US-BASED BOARD DIRECTOR

Highlights

  • Anna Massion joins B ��������� Board as Independent Non-Executive Director.

  • Anna is also currently a Non-Executive Director at Playtech, AGS and Artemis Strategic Investment Corp.

  • Based in the US, Anna has deep knowledge and experience in global gaming, technology and investment sectors.

  • ������������������������������� Board and global growth strategy.

  • Anna has elected to receive first three years of fees in BetMakers equity.

�������������������������������������������������������� BetMakers ���������� Company ������ pleased to announce the appointment of Anna Massion ����������������������������������������� Non-Executive Director.

Anna, who is based in the United States, is a highly experienced board member who currently holds directorships at international gaming technology and investment companies, including NonExecutive Director roles at:

  • Playtech: one of the world's largest online gaming software suppliers, based in the UK and traded on the London Stock Exchange.

  • AGS: A Las Vegas-based B2B company that develops, manufactures, and supplies casino games, systems, and technology.

  • Artemis Strategic Investment Corp: A Phoenix, Arizona-based SPAC.

Previously, she has been a Senior Analyst at hedge fund Par Capital Management in Boston and has held positions as: Director, Gaming, Lodging & Leisure Research at Hedgeye Risk Management (Stamford, Connecticut); Vice President/Senior Research Analyst, Global Equity Fund at Marathon Asset Management LP (York, New York); and Vice President, Proprietary Equities Trading, at J.P. Morgan Securities.

Anna has a Master of Business Administration and Bachelor of Science from The Wharton School at The University of Pennsylvania in Philadelphia.

BetMakers Chairman, Mr Nick Chan, said:

������������������ to welcome Anna ����������������� Board. Her deep knowledge in global gaming, wagering, technology and investment communities, and her experience in related companies as a Non-Executive Director and as chair of multiple board committees, make her an outstanding appointment. ����������������������������������������������������������������������������������� growth strategy, and where more than 50% of our ���������������� is now located. We are very

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excited that Anna has agreed to join our team at the Board level as a Non-Executive Director and strengthen our strategic and governance capabilities at an international level ��

Newly appointed Independent Non-Executive Director, Anna Massion, said:

������������������������������������������������������������������������������� contributing as a part of the efforts to oversee the next phase of success that the Company has clearly set out on its roadmap. BetMakers Technology Group is making a serious impression as a leader in the international B2B wagering world and I am especially pleased to be associated with the future �����������������������������������������

The appointment of Anna Massion as an Independent Non-Executive Director continues the �������������������������������������������� introduce additional skills, experience and diversification to its Board. It follows the announcement on 9 February 2022 of the appointment of Rebeka ����������������������������������������������������������������������������������������� - Executive Director.

������������������������������������������������������������������ -Executive Director and will be an annual fee of AUD$100,000 (including superannuation, retirement benefits or other tax contributions).

������������������������������������������������������������������������������������������������ the Company has issued to Anna 498,339 ������������������������������������������������������ LTIP ��� convertible into ordinary shares on a 1:1 basis for nil ($0) upon satisfaction of nominated service������������������� Service Rights ����

For each subsequent year during which Anna remains a non-executive director, and subject to any shareholder approvals required, Anna will have the opportunity to participate in a non-executive director fee sacrifice equity plan, as established by the Company from time to time.

The material terms of the Service Rights are set out in the annexure to this announcement.

An Appendix 3X relating to Anna is attached. An Appendix 3G in respect of the Service Rights will be lodged separately today.

For further information please contact

Charly Duffy Jane Morgan
Company Secretary Investor and Media Relations
[email protected] [email protected]
+ 61 (0) 409 083 780 + 61 (0) 405 555 618

Todd Buckingham, Managing Director of BetMakers, authorised the release of this announcement to ASX.

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Annexure

The Company has issued to Anna Massion 498,339 Service Rights under the LTIP, which reflects a total of AUD$300,000, being Anna ��� AUD$100,000 fee for each of the first three years of her ����������������������������������������������������������������������������������������������� days on which ������������������������������������������������������� the date of this announcement.

The key terms of the Service Rights are as follows:

  • ������������������������������������������������������������������������������ Monthly Tranche ��� over the 36 month period commencing on the date of ������� appointment as a non-executive director, provided that as at each date on which a Monthly Tranche is due to vest, she remains a director of the Company and no notice of termination (including a notice of meeting to shareholders including a resolution seeking your removal as a director) has been given (each a

  • Vesting Date ���

  • once vested, each Service Right will be converted into one ordinary share in the Company for nil ($0) consideration as soon as practicable following each applicable Vesting Date, but in any event no later than the 15th day of the third month following the last day of the calendar year containing the Vesting Date;

  • the Service Rights will expire on the date on which vested Service Rights are converted into ordinary shares following the final Vesting Date (as defined below); and

  • as the Service Rights were issued under the LTIP, the terms of the LTIP apply.

Appendix 3X ����������������������������������

Rule 3.19A.1

Appendix 3X

����������������������������������

Information or documents not available now must be given to ASX as soon as available. Information and ��������������������������������������������������������������������

Introduced 30/9/2001.

Name of entity BetMakers Technology Group Limited ABN 21 164 521 395

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director Anna Massion Greenberg
Date of appointment 3 March 2022

Part 1 - ������������������������������������������������������������������������������������ holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which c�������������������������������������������������������������������������������������������� disclosed in this part.

Number & class of securities

498,339 service rights

  • See chapter 19 for defined terms.

11/3/2002

Appendix 3X Page 1

Appendix 3X ����������������������������Notice

Part 2 � ���������������������������������������������������������director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Name of holder & nature of Number & class of Securities interest Note: Provide details of the circumstances giving rise to the relevant interest. Nil

Part 3 � ���������������������������������

Note: ����������������������������������������������������������������������������������������������������������������������������� should be disclosed in this part.

Detail of contract N/A
Nature of interest N/A
Name of registered holder
(if issued securities)
N/A
No. and class of securities to
which interest relates
N/A
  • See chapter 19 for defined terms.

Appendix 3X Page 2

11/3/2002