Early Warning Report: ESE Entertainment CEO Konrad Wasiela Acquires 333,500 Shares

Vancouver, BC – January 11, 2024 – Konrad Wasiela, CEO and a director of ESE Entertainment Inc. (“ESE”), has filed an early warning report (the “Report”) pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bids and Insider Reporting Issues. In the five months preceding the date of this press release, Mr. Wasiela directly acquired an aggregate of 333,500 common shares in the capital of the Issuer, across 30 individual transactions, through the facilities of the TSX Venture Exchange, with the most recent acquisition occurring on January 8, 2024. Prior to the series of acquisitions, Mr. Wasiela owned an aggregate of 17,553,233 common shares of the Issuer, representing approximately 21.8% of the Issuer’s issued and outstanding common shares at that time. Mr. Wasiela now owns a total of 17,886,733 common shares of the Issuer representing approximately 22.1% of the Issuer’s issued and outstanding common shares as at the date hereof. Mr. Wasiela paid between $0.07 and $0.22 per share (at an average price per share of $0.16) for the 333,500 common shares acquired by Mr. Wasiela in the previous five months, for aggregate consideration of $51,580.

Mr. Wasiela’s acquisitions of the common shares were made for investment purposes and Mr. Wasiela intends to increase or decrease his holdings in ESE depending on market conditions and as circumstances warrant.

The common shares of ESE are listed on the TSX Venture Exchange under the symbol “ESE”.

A copy of the Report filed by Mr. Wasiela can be viewed at ESE’s SEDAR+ profile at www.sedarplus.ca or by contacting Mr. Wasiela at (437) 826-4012.

ESE Entertainment Inc.

Konrad Wasiela

Chief Executive Officer and Director

+1 (437) 826-4012

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming. The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues. | www.esegaming.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE ESE Entertainment Inc.

For further information about ESE, please contact:

investors@esegaming.com

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