Golden Matrix Group Announces Leadership Transition as Company Enters Next Growth Phase

Golden Matrix Group Inc. announced a planned leadership transition aligning with the company's next phase of strategic execution and operational scale. Brian Goodman will step down as Chief Executive Officer and board member effective December 12, 2025, with William Scott, Chairman of the Board, taking over as Interim Chief Executive Officer. Scott will also chair the committee responsible for appointing the company's next permanent CEO.

During Goodman's tenure, Golden Matrix transformed from a micro-cap operator to a diversified NASDAQ-listed international gaming group. The company expanded into multiple regulated markets, built a portfolio of scalable B2B and B2C platforms, and established a business model centered on recurring revenue and disciplined growth. This transition represents a strategic shift from foundational building to operational execution as the company seeks to capitalize on its established position.

"Golden Matrix is built on solid ground - diversified, profitable, and prepared to scale," said William Scott, Interim CEO and Chairman. "Brian laid the foundation. Our next chapter is about execution, scale and consistent performance. With strong fundamentals, global reach, and disciplined execution, we believe we are positioned to outperform the market and deliver exceptional long-term value for our shareholders." The company operates in more than 25 markets worldwide across Europe, Latin America, Asia Pacific, Australia, and Africa, serving both operators and consumers with scalable gaming solutions.

Scott brings extensive experience in global gaming and regulated markets, having previously held senior executive roles at GTECH/Lottomatica where he helped transform that company from a lottery-focused business into a broader international gaming group. As interim CEO, he will prioritize performance, operational optimization, and continued value creation for shareholders while leading the search for a permanent chief executive. Golden Matrix maintains its commitment to innovation and compliance while navigating the dynamic gaming industry landscape.

The leadership change occurs as Golden Matrix continues to operate its diversified portfolio including casino, sportsbook, and competition products powered by its own technology and subsidiaries such as MeridianBet Group, Expanse Studios, GMAG, RKings, CFAC, and MexPlay. The company's forward-looking statements caution that actual results may differ due to various factors including economic conditions, regulatory changes, market competition, and the ability to obtain additional gaming licenses. Additional information is available through the company's periodic filings with the SEC at https://www.sec.gov.