Item 5.02 Departure of Directors or Certain Officers; Election of Directors;

Appointment of Certain Officers; Compensatory Arrangements of Certain

Officers.

Resignation of Chief Strategy Officer

On November 8, 2022 (the "Resignation Date"), Kai Henry voluntarily resigned from his role as the Chief Strategy Officer of FaZe Holdings Inc. (the "Company"), effective immediately. Mr. Henry is not entitled to any severance or other compensation from the Company under his executive employment agreement in connection with his resignation.

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