BETMAKERS TECHNOLOGY GROUP LTD — Capital/Financing Update 2023

Mar 9, 2023

BETMAKERS TECHNOLOGY GROUP LTD ACN: 164 521 395

==> picture [201 x 65] intentionally omitted <==

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

10 March 2023

FINALISATION OF DIRECTOR FUNDING ARRANGEMENT

BetMakers Technology Group Limited (ASX:BET) (“ BetMakers ” or the “ Company ”) wishes to advise that, further to the on-market purchase of 3 million BetMakers’ shares by Tekkorp Holdings LLC (“ Tekkorp ”)[1] on 3 March 2023, Tekkorp has elected to close the Second Funding Arrangement (as that term is defined in the Appendix 3X lodged on 31 January 2023) it entered into with an investment bank in August 2022, resulting in 7,279,894 Shares being sold by the investment bank.

An Appendix 3Y relating to the update in Mr Davey’s interests will be lodged separately.

Matt Davey, Executive Chairman, authorised the release of this announcement to ASX.

For further information on the Company, please contact:

Jane Morgan Investor and Media Relations investors@thebetmakers.com + 61 (0) 405 555 618

1 Tekkorp Holdings LLC is controlled by BetMakers’ Executive Chair, Matthew Davey.