ECGI Holdings Names Simon Yu CEO to Lead Strategic Growth Expansion

IRVINE, CA - May 1, 2025 - ECGI Holdings Inc. (OTC: ECGI), a diversified holding company with investments in viticulture, equestrian and emerging innovation, is pleased to announce a leadership update as the company enters its next phase of strategic expansion.

Effective May 1, 2025, ECGI appoints Simon Yu as Chief Executive Officer.

Prior to ECGI, Simon launched and operated two publicly traded companies in the agriculture and social media sectors, both of which reached billion-dollar market caps at their peaks. Simon brings almost 25 years of operations, management and strategy. An MBA graduate from the University of Southern California, he also holds certifications from Columbia Business School in Venture Capital and Private Equity, Mergers and Acquisitions and Corporate Governance. Simon is currently an Entrepreneur in Residence (EiR) at the University of Southern California, where he spent over 10 years mentoring early-stage startups. More recently, Simon was at an early-stage venture capital fund, where he sourced and identified startup investment opportunities in AI, FinTech, HealthTech, Blockchain, and other technologies.

Jamie commented:
"We are thrilled to welcome Simon to the team. His venture capital and public markets experience is exactly what ECGI needs as we scale into new markets. His leadership will help sharpen our focus and position the company for the next phase of growth."

Jamie Steigerwald to Remain President and CFO of ECGI Holdings
Jamie Steigerwald will continue in his role as President, CFO and Chairman of the Board, working closely with Simon to support ECGI’s expansion and ensure continuity across the company’s core initiatives. Jamie will remain focused on operational excellence, financial reporting and driving success within ECGI’s existing investments.

Simon shared:
"I'm excited to join ECGI at such a pivotal time. I believe there’s tremendous potential to leverage my background in innovation, technology and venture capital to create significant long-term value. I'm looking forward to working with the team to build on the company's strong foundation and drive new strategic growth initiatives."

Thank You
We appreciate the continued support and engagement of our shareholders as we build ECGI’s future. Your belief in our vision drives us to aim higher every day.

About ECGI
ECGI Holdings, Inc. is a diversified holding company with a distinctive portfolio that spans the global $350 billion luxury brands market. Our focus areas include viticulture, luxury fashion, and the equestrian markets, which collectively represent significant growth opportunities.

In viticulture, ECGI owns and manages Vintner's Caldera Ranch, a five-acre vineyard in Lake County, California, specializing in Petite Sirah. This bold and rich wine caters to the $252 billion global luxury wine market's growing demand for unique, high-quality experiences. Additionally, Vintner's Caldera Ranch serves as an exclusive short-term rental, tapping into the $121 billion short-term rental market, and offering a unique and immersive wine experience for discerning enthusiasts.

In the fashion and equestrian sectors, ECGI has strategically invested in Pacific Saddlery, a premier manufacturer and retailer in the $6.5 billion equestrian apparel market and the $11 billion equestrian equipment market. The integration of luxury fashion with equestrian needs underscores our commitment to delivering sophistication and innovation.

This unique blend of investments in wine, fashion, and equestrian markets highlights ECGI Holdings' dedication to positioning itself as a distinctive player at the intersection of viticulture and luxury lifestyle.

For additional information, please contact us at info@ecgiholdings.com.

Forward-Looking Statements
This press release contains forward-looking statements regarding future events and ECGI Holdings' expected performance. These statements are subject to risks and uncertainties. Actual results may differ materially. Investors are encouraged to review the Company’s filings for additional information.

For more information, please contact:
Jamie Steigerwald
jamie@ecgiholdings.com

SOURCE: ECGI HOLDINGS, INC.