DigiMax Global Inc. (company) announced that further to its press release dated June 23, 2022, the company has completed its acquisition of 100% of the issued and outstanding securities of Spetz Tech Ltd. The Transaction was completed pursuant to the terms of a merger agreement, dated June 23, 2022. Upon Closing, Yossi Nevo, the founder and CEO of Spetz, has assumed the role of Chief Operating Officer of the Company, and Ofir Friedman, Spetz's VP of Marketing & Business Development, has assumed the role of Chief Marketing Officer of the Company. In addition to the foregoing, both Messrs.

Nevo and Friedman have been appointed to the Company's board of directors upon Closing.