12 October, 2016

An employee holding options has exercised his right to buy 100,000 shares in Gaming Innovation Group Inc. at a share price of NOK 1.50 per share. GIG will transfer part of its treasury shares to the employee.

The outstanding number of shares in GIG is 818,556,266 and will not be changed following the above transaction. GIG will decrease its holding of treasury shares from 7,965,000 to 7,865,000, or from 0.97 % to 0.96 % of the outstanding shares.

After the exercise, 9,320,000 options are outstanding

The B2B services, including GIG Core (online gaming platform), and GIG Sports (proprietary sportsbook), are licensed and regulated by the Malta Gaming Authority (licence number: MGA/CRP/330/2016 issued on the 1st August 2018) and the UK Gambling Commission (44073).

The licences are held by iGamingCloud Limited (Company Reg. No. C48466 of @GIG Beach, Triq id-Dragunara, St. Julians, STJ3148, Malta.)

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