Allied Gaming & Entertainment Inc. announced the below changes to its Board of Directors (the ?Board?) and management team effective April 30, 2024: Ms. Chi Zhao was appointed as an independent director on the Board, as Chair of the Nominating and Corporate Governance Committee, and a member of the Compensation Committee; Mr. Adam Pliska resigned as a director on the Board; Ms. Yinghua Chen resigned as a director on the Board, and will continue as Chief Executive Officer of Allied Gaming & Entertainment; and Mr. Yangyang Li has been appointed as President of the Company, will continue as Chairman of the Board, and has resigned from his position as a member of the Compensation Committee and as Chair of the Nominating and Corporate Governance Committee. Ms. Chi Zhao is an experienced multinational and academic with a background in strategic management, board governance, non-profit organizations, and corporate oversight. Ms. Zhao is currently a Research Fellow at the Ash Center at Harvard Kennedy School and facilitates highest-level inter-governmental closed-door roundtables, seminars, and forums. Previously she was the Director, Investor Relations at Unity Ventures, a top venture capitalist firm based in Beijing.

Ms. Zhao received a Bachelor of Arts from Eastern Kentucky University and a Master of Arts from Morehead State University. More recently, Ms. Zhao became a Mason Scholar at the Harvard Kennedy School.