Legacy Eight Ltd. entered into an agreement to acquire 1242455 B C Ltd in a reverse merger transaction on February 24, 2021. Kings Entertainment will issue 30,000,000 Common Shares at a deemed price of CAD 0.50 per Common Share (the “Payment Shares”) to Legacy. The Transaction will be considered as a reverse takeover under the policies of the Canadian Securities Exchange (“CSE”), whereby the acquirer for accounting purposes will be Legacy Eight (Lottokings). The Payment Shares will be subject to the following restrictions on sale: (i) fifteen percent (15%) to be free trading at the time of Listing; and (ii)eight and a half percent (8.5%) to be free trading every thirty (30) days thereafter until all such Payment Shares are free trading. Following the Acquisition, the Resulting Issuer's head office and its registered and records office will be located at Suite 1500 – 1055 West Georgia Street, Vancouver, British Columbia V6E 4N7. Kings Entertainment shall have received the conditional approval of the CSE for the Acquisition and the listing of the Common Shares on the CSE. The closing date of the Acquisition is the day that is three (3) business days following the satisfaction or waiver of all of the conditions to closing set forth in the Share Purchase Agreement, or on such other date as the parties may mutually agree.

Legacy Eight Ltd. completed the acquisition of Kings Entertainment Group Inc. in a reverse merger transaction on December 30, 2021.