Gamania Digital Entertainment Co., Ltd.(Ticker 6180, hereinafter referred to as "the Company") considering the long-term strategic development of the Group and its subsidiaries, convened a board meeting today, May 2, 2024, and resolved to sell a 16% common stock stake in GASH POINT Co, Ltd. (hereinafter referred to as "GASH") to Wanin International Co., Ltd. (hereinafter referred to as "Wanin"), to deepen business cooperation.

1.Taking into account the long-term operational development of GASH, the Company aims to introduce industry strategic investors to integrate the strengths of both parties, expanding application scenarios and scale. The board of directors has decided to sell the Company's 16% stake in GASH to Wanin, based on a mutually agreed price and the accountant's opinion on reasonableness, with the equity transaction valued at NT$640,000 thousand.

2. The purpose of this equity transaction is to introduce an industry-competitive strategic investor. Wanin has long been an important partner of the Company, and both parties share a consensus on the integration and future development of Taiwan's games point market. Through cooperation, it is hoped to further integrate market resources and achieve the goal of industry co-prosperity. This transaction is expected to enhance the market competitiveness of GASH and expand the service territory of the crossover entertainment business, contributing positively to the digital entertainment ecosystem. The Company will continue to focus on game operations, technological R&D, and the expansion of AI technology applications, providing more globalized internet technology services.

3. After the completion of this equity transaction, GASH plans to carry out a cash capital increase to introduce strategic investors. At that time, based on the actual situation, the Company will decide through the board of directors whether to exercise its preemptive right in this cash capital increase as an original shareholder. If the Company does not exercise the preemptive right, its shareholding in GASH will be expected to reduce from 74% to below 50% after the completion of the cash capital increase. In the future, the Company will still hold a certain share in GASH to continue deepening the cooperation and jointly strive for greater market benefits.