ESE to Produce Championship Tournament for Riot Games, Teamfight Tactics

VANCOUVER, British Columbia, July 25, 2023 – ESE Entertainment Inc. (“ESE” or the “Company”) (TSXV: ESE) (OTCQX: ENTEF), a global leader in gaming entertainment, announces that its media production unit, Frenzy, is producing and distributing the Teamfight Tactics esports tournament.

Teamfight Tactics, a popular auto-battler game developed by Riot Games, is set in the world of League of Legends. The game’s widespread popularity is largely attributed to its mobile device compatibility, a leading platform for gaming enthusiasts. The success of the tournament and the interest in the game continue to bring sponsors and strategic partners. In its sixth rendition, the championship is proudly sponsored by Samsung Galaxy, with Kia serving as the official partner.

The 6th iteration of the championship, now named the “Samsung Galaxy Ultraliga Polish Championships in Teamfight Tactics,” opens an exclusive avenue for the most skilled players to qualify for the European Spatula Cup and compete for a prize pool. Spanning seven competitive days, players will engage in three tournament stages: carousel, battle, and the grand finale.

The tournament started on July 6th, and the finals are expected to take place in late August 2023.

“We warmly welcome our sponsors and partners who are making an excellent contribution to the Teamfight Tactics Esports community. We are focused on producing the tournament to the highest standard, excelling in both execution and broadcast quality. It is noteworthy that fans can catch the thrilling matches live on Twitch and Youtube, as well as on Polsat Games, a national TV channel dedicated to video games and esports,” says Konrad Wasiela, CEO of ESE Entertainment.

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 and esports. 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

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that ESE anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, statements with respect to: the growth of esports events division and offerings, and the benefits of ESE’s production of the tournament. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results “may”, “could”, “would”, “might” or “will” (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of ESE to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information, including that a binding agreement may not be entered into with respect to the Transaction, and that even if a binding agreement is entered into that the Transaction may not be completed. Such factors may be based on information currently available to ESE, including information obtained from third-party industry analysts and other third-party sources, and are based on management’s current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of ESE should be considered highly speculative.

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:

Investor Relations

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