Company: GAME
Filing Date: 2025-01-16
Form Type: DEF 14A
Source: 0001493152-25-002546
Chunk: 40

Company: GameSquare Holdings, Inc.
Filing Date: 2025-01-16
Form: DEF 14A
Chunk 40
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 approximately 5.9% and 1.9% of the 31,586,409 outstanding Common Shares as of September 30, 2024.

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<div align='center'>AUDIT COMMITTEE REPORT</div>

The following audit committee report shall not be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, and shall not otherwise be deemed filed under these acts, except to the extent we specifically incorporate by reference into such filings.

Our Audit Committee is composed of “independent” directors, as determined in accordance with Nasdaq Stock Market’s Rules and Rule 10A-3 of the Exchange Act. The Audit Committee has certain duties and powers as described in its written charter adopted by the Board of Directors. A copy of the charter can be found on the Company’s website at https://investors.gamesquare.com/governance/governance-documents/default.aspx.

As described more fully in its charter, the purpose of the Audit Committee is to assist the Board of Directors with:

| ● | the                                                                                        
 Company’s external audit function; including the qualifications, independence, appointment 
 and oversight of the work of the external auditors;                                        |
| ● | the                                                                                        
 Company’s accounting and financial reporting requirements;                                 |
| ● | the                                                                                        
 Company’s reporting of financial information to the public;                                |
| ● | the                                                                                        
 Company’s compliance with law and regulatory requirements;                                 |
| ● | the                                                                                        
 Company’s risks and risk management policies;                                              |
| ● | the                                                                                        
 Company’s system of internal controls and management information systems; and              |
| ● | such                                                                                       
 other functions as are delegated to it by the Board.                                       |

The Audit Committee has:

| ● | reviewed                                                                                                  
 and discussed our audited financial statements with management and Kreston GTA, the independent auditors; |

| ● | discussed                                                                                                                             
 with Kreston GTA the matters required to be discussed by the applicable requirements of the Public Company Accounting Oversight Board 
 (the “PCAOB”) and the SEC; and                                                                                                        |

| ● | received                                                                                                                           
 from Kreston GTA the written disclosures and the letter required by applicable requirements of the PCAOB regarding the independent 
 auditors’ communications with the Audit Committee concerning independence, and discussed with the auditors their independence.     |

In addition, the Audit Committee has regularly met separately with management and with Kreston GTA, and further to the matters specified above, has discussed with Kreston GTA