Effective on December 3, 2022, the Board of Directors of Golden Matrix Group, Inc. (the Company"), with the
recommendation of the Nominating and Governance Committee of the Board of Directors, appointed Philip Daniel Moyes as a member of the Board of Directors and as a member of the Audit Committee of the Board of Directors, with such appointment to take effect immediately. Mr. Moyes was appointed to fill the vacancy left by the resignation of Mr. Aaron Richard Johnston as a member of the Board of Directors and as a member of the Audit Committee, which resignation was effective November 1, 2022. Mr. Moyes was appointed as a Class I director. As a Class I director, Mr. Moyes is expected to stand for election by the Company's shareholders at the 2023 Annual Meeting of shareholders.