On April 9, 2024, the Board of Directors of Codere Online Luxembourg, S.A. appointed Daniel Valdez as a member of the Board and the Audit Committee of the Company (?Audit Committee?), effective immediately. Mr. Valdez previously served as a member of the Board between the consummation of the business combination in November 2021 and August 2023, and had remained as a Board observer since then. Mr. Valdez is a Managing Partner of MG Capital.

He earned an MBA from the Harvard Business School and a Bachelor of Science from Stanford University. Mr. Valdez will fill the vacancy created by Dr. Martin Werner, who resigned from his position as member of the Board and the Audit Committee on April 5, 2024. Mr. Werner?s resignation was driven strictly by personal reasons and was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices.

Dr. Werner served as a member of the Board and both as chairman (until June 2023) and member (since June 2023) of the Audit Committee since the Company became publicly listed in 2021, and during his tenure, he made significant contributions to the Company's strategic direction and governance.