Allied Gaming & Entertainment Inc. Q4 FY2023 earnings call

• Made substantial progress in 2023 and entered 2024 in a strong position.
• Allied Esports International's HyperX Arena had various high-profile events and proprietary content updates.
• Allied Mobile Entertainment integrated Z-Tech, leveraging its 2023 financial performance and expecting benefits in 2024.
• Allied Experiential Entertainment formed Skyline Music Entertainment, secured key events, and established partnerships like with World Poker Tour and Wynn Macau.
• Continued with stock repurchase plan, having repurchased approximately 2.3 million shares of AGAE by end of 2023.

Allied Esports International (AEI): In 2023, AEI's HyperX Arena had 64 events in the fourth quarter, including notable ones like the Omen Showcase Party, World Esports Day celebration, EA Sports F1 2023 Las Vegas Showrun, All MLB team award show. It was also featured in Mark Wahlberg's movie The Family Plan and held a post-quarter end event during CES. Proprietary content: WANNABE season 2 part one was released on the Yes app. Allied Mobile Entertainment (AME): Integrated Beijing Lianzhong Zhihe Technology (Z-Tech) on October 31, 2023. Z-Tech, a mobile games developer/operator, had $17 million revenue in 2023 with positive net income, and its financials are now consolidated, expected to boost 2024 financials. Allied Experiential Entertainment (AEE): Formed Skyline Music Entertainment Limited in November 2023, which finalized the first event (Walk off the Earth China tour on April 4, 2024). Elite Fun Entertainment invested in AGAE, and a partnership with World Poker Tour and Wynn Macau brought World Poker Tour to Macau from June 18-24, 2024.

• 2024 is off to a strong start, with expectations of financial benefits from Z-Tech consolidation.
• Anticipates growth from AEE's events (e.g., Walk off the Earth tour, World Poker Tour in Macau) and partnerships.
• Continued focus on managing expenses while driving revenue growth across segments.