Allied Gaming & Entertainment Inc. · NASDAQ:AGAE
Allied Gaming & Entertainment — Proxy Contest (July 2025)
34 slides from Allied Gaming & Entertainment's proxy contest presentation, Jul 16, 2025
Slide 1: Clear Strategic Direction with Initiatives Gaining Traction
1 2025 ©, Allied Gaming and Entertainment, All Rights Reserved. Clear Strategic Direction with Initiatives Gaining Traction July 2025 (NASDAQ: AGAE)
Slide 2: Legal Disclaimer
2 Legal Disclaimer Cautionary Note Regarding Forward-Looking Statements This presentation contains certain forward-looking statements under federal securities laws. Forward-looking statements may include our statements regarding our goals, beliefs, strategies, objectives, plans, including product an
Slide 3: Allied has a strategic plan for improving returns
Allied has a strategic plan for improving returns 3 Catalyze more rapid revenue growth through organic investments, JVs, acquisitions and prudent capital allocation Organic Growth. Carefully and responsibly invest in opportunities that accelerate growth within our existing businesses Strategic partn
Slide 4: Company Timeline
Company Timeline 4 2019-2022 Allied Esports Entertainment, Inc. begins trading on Nasdaq in August, 2019 Company sells World Poker Tour for 5x P/S valuation, creating significant shareholder value Ms. Yinghua Chen appointed CEO of company Authorizes share repurchase program Concludes strategic revie
Slide 5: Expanding into a Wider Range of Gaming & Entertainment
Esports gaming & entertainment venue operation Digital content sponsorship & distribution Gaming live shows sponsorship & ticketing Casual mobile gaming development Mobile gaming advertisement In-game purchase Live concert shows organizing, sponsorship & ticketing Experiential entertainment venue op
Slide 6: Disciplined Capital Allocation Plan
Disciplined Capital Allocation Plan 6 Disciplined approach to acquisitions, continuously evaluating opportunities within or aligned with our core areas of expertise and pursuing transactions that offer attractive, risk-adjusted returns Significant opportunity for Allied to enhance existing assets an
Slide 7: Corporate governance practices
7 Stockholders can take action by written consent Stockholders can call special meetings Six of our seven directors are independent The Audit, Compensation, and Nominating and Governance Committees are composed entirely of independent directors The Board of Directors holds executive sessions of inde
Slide 8: Refined strategic priorities
8 8 Refined strategic priorities Improved existing operations Increased revenues by 19% YoY in 2024 Business Gaining Traction
Slide 9: Strong Balance Sheet with Significant Dry Powder
Strong Balance Sheet with Significant Dry Powder 9 BALANCE SHEET (AS OF 3/31/2025) Cash and Short-term Investments $70.8 Million Total Assets $117.9 Million Total Liabilities $45.0 Million Total Stockholders' Equity $72.9 Million AMPLE CAPITAL PROVIDES FLEXIBILITY FOR ALLIED TO IMPLEMENT STRATEGIC P
Slide 10: Peer Stock Comparison
12 Month Peer Stock Comparison AGAE also significantly outperforming peer set over prior 3-year, and 5-year periods as of June 25, 2025, the Company’s record date (1) NIP Group calculations based off initial price of $9 from IPO on July 26, 2024.
Slide 11: Disciplined Governance & Management Alignment
11 11 Disciplined Governance & Management Alignment DEEP EXPERTISE IN GAMING & ENTERTAINMENT OPERATING EXPERIENCE IN BOTH NORTH AMERICA AND ASIA STRATEGIC LONG-TERM FOCUS ON MAXIMIZING VALUE FOR ALL SHAREHOLDERS MANAGEMENT ALIGNED WITH STOCK PRICE AND SHAREHOLDER INTERESTS CONSERVATIVE CAPITAL ALLOC
Slide 12: Proxy Related Slides
12 Proxy Related Slides
Slide 13: Activist Actions Disrupting Business Operations
Activist Actions Disrupting Business Operations 13 2022 MARCH 2022 Knighted submits a board seat request for Roy Choi 2023 2024 MARCH 2022 Roy Choi rejects offer of Board Observer seat JULY 2022 Roy Choi does not vote at the AGM for 2022 JUNE 2023 Roy Choi does not vote at the 2023 AGM MARCH & NOVEM
Slide 14: Allied's Current Plan Vs. Knighted's Plan
Allied’s Current Plan Vs. Knighted’s Plan 14 Allied’s Plan Drive organic growth by investing in opportunities that accelerate growth within our existing businesses Execute strategic partnerships that are not capital intensive Deploy capital towards acquisitions/investments in gaming, proprietary con
Slide 15: Knighted wanted to bet AGAE's future on two value-destroying acquisitions
15 KNIGHTED WANTED TO BET AGAE’S FUTURE ON TWO VALUE-DESTROYING PROPOSED ACQUISITIONS High risk children’s film and digital content creation firm Negligible revenue at time of proposal Multiple assumptions for business to realize proposed valuation Business at odds with AGAE’s strategic direction TA
Slide 16: Dissident Shareholder - Knighted is Destroying Your Shareholder Value
Dissident Shareholder - Knighted is Destroying Your Shareholder Value Trying to take control without paying investors a premium for control Attempting to control the board without majority ownership Not a single public statement on capital allocation or operational changes Refused to engage with the
Slide 17: AGAE Board Nominees Highly Qualified
AGAE Board Nominees Highly Qualified JINGSHENG LU Extensive expertise in entertainment, gaming, corporate finance, strategic management, and cross-border M&A to the Board in public companies. Asia Pacific operating and board experience Decades’ experience operating and serving on boards in Asia Paci
Slide 18: AGAE Board Nominees Highly Qualified
AGAE Board Nominees Highly Qualified ROY ANDERSON Accomplished financial executive and audit expert with deep experience advising and leading high-growth companies across the Technology, Media, and Telecommunications (TMT) sectors Relevant executive and industry experience CFO of AGAE since October
Slide 19: Knighted's Candidates Lack Key Attributes
Knighted’s Candidates Lack Key Attributes WALTER IVEY DELPH III Lack of Asia Pacific operating experience The candidate lacks significant experience operating in Asia Pacific region Lack of public company executive experience Has not been a named executive officer in a public company JENNIFER VAN DI
Slide 20: Knighted's Candidates Lack Key Attributes
Knighted’s Candidates Lack Key Attributes PETER CHUN Lack of Asia Pacific operating experience The candidate lacks significant experience operating in Asia Pacific region Lack of gaming industry experience Does not have deep knowledge of the gaming industry or relevant gaming operating experience La
Slide 21: In Summary
21 In Summary AGAE has laid out a clear-cut strategy for future growth and long-term value creation The Company has consistently grown revenue, while preserving cash to support strategic initiatives AGAE continues to be led by a strong management team and board with extensive relevant experience Kni
Slide 22: Allied Gaming & Entertainment Companies Appendix Slides
Allied Gaming & Entertainment Companies Appendix Slides
Slide 23: Allied Esports International
23 Allied Esports International 23 HyperX Arena Mobile Arena Own and operate HyperX Arena Own and operate Omen Mobile Arena Expertise organizing and hosting events and tournaments Experienced content creators and distributors with originals including:
Slide 24: At the HyperX Arena ... Mr. Beast vs Ninja
AT THE HYPERX ARENA ... MR. BEAST VS NINJA
Slide 25: At the HyperX Arena ... The Family Plan
AT THE HYPERX ARENA ... THE FAMILY PLAN
Slide 26: At the HyperX Arena ... All MLB
AT THE HYPERX ARENA ... ALL MLB
Slide 27: At the HyperX Arena ... Netflix Unfinished Beef
AT THE HYPERX ARENA ... NETFLIX UNFINISHED BEEF
Slide 28: Programming & Content Snapshot
THIRD PARTY PRODUCTIONS Riot, Nintendo, Capcom, NHL, NBA2K League, Twitch, Mtn Dew Game Fuel, NASCAR Heat, Trovo Titans ALLIED ORIGINALS Programming & Content Snapshot Original content produced by Allied, Ninja Vegas ‘18, ELEVATED, PlayTime with Cup, Odyssey, Allied Esports R6 Minor, CS:GO Legend S
Slide 29: Allied Mobile Entertainment
Allied Mobile Entertainment 29 Allied has board control and owns 40% of Z-Tech, a prominent mobile games developer and operator, specializing in the innovation, research, development and operation of premium card and Mahjong casual games. Fight the Landlord Everyday Love Mahjong Balloon Pop Mania Be
Slide 30: Allied Experiential Entertainment
30 30 Allied Experiential Entertainment SKYLINE MUSIC ENTERTAINMENT DEVELOPMENT OF PROPRIETARY SHOW IP RhythmX Music Festival (Hainan) Strawberry + RhythmX (Macau) DEVELOPMENT AND OPERATIONS OF EXPERIENTIAL ENTERTAINMENT VENUES Trendy Retail + sports + esports + 360 degree movie theatre + gamified e
Slide 31: Introducing World Mahjong Tour
Introducing World Mahjong Tour AGAE recently formed World Mahjong Tour (“WMT”), an exciting new venture to follow proven and sustainable business model utilized by World Poker Tour. Mahjong, a centuries-old Chinese game based on skill, strategy, and luck, has had a resurgence in popularity, with the
Slide 32: Tokenizing the Physical World
32 Tokenizing the Physical World Real World Asset (RWA) Strategy for Properties, Content and IP
Slide 33: Market Opportunity
Market Opportunity Massive Market Size: RWA tokenization projected to reach $10–16(1) trillion by 2030 Unlocking Illiquid Value: Real estate, collectibles, IP rights, and commercial contracts can be tokenized, turning illiquid assets into tradable, fractionalized instruments, with low barriers to en
Slide 34: Business Model
Business Model • Revenue via token sales, trading fees, and platform transactions • Loyalty staking programs and IRL x Web3 cross-utility • Monetize venue access, content IP, and community engagement Venue EquityTokenization Tokenize ownership shares Enable fractional ownership Distribute dividends
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