Company: GAME
Filing Date: 2025-09-08
Form Type: DEF 14A
Source: 0001641172-25-026855
Chunk: 26

Company: GameSquare Holdings, Inc.
Filing Date: 2025-09-08
Form: DEF 14A
Chunk 26
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 on the compensation of our named executive officers is non-binding, our Board of Directors and the Compensation Committee will review and consider the outcome of this vote when making future compensation decisions for our named executive officers.

<div align='center'>THE BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THIS PROXY STATEMENT.</div>

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<div align='center'>PROPOSAL 4: Vote to approve a merger agreement with the Company’s wholly owned subsidiary for the purpose of restating the Certificate of Incorporation to, among other things, increase the number of authorized shares, eliminate supermajority voting requirements to amend the Certificate of Incorporation, declassify the Board of Directors, and implement other non-material specified changes</div>

Overview

The Board of Directors has approved
and is recommending that the stockholders of the Company approve a merger agreement with the Company’s newly formed, wholly owned
subsidiary, GameSquare Merger Sub 2, Inc. (the “Merger Agreement”) for the purpose of restating our Certificate of Incorporation
(the “Certificate of Incorporation”) in order to increase the authorized shares, eliminate supermajority voting provisions
to amend the Certificate of Incorporation of the Company, declassify the Board of Directors, and other non-material changes. This means
that by voting in favor of the Merger, stockholders will also be voting in favor of all of the changes contained in the new Certificate
of Incorporation, including an increase in authorized shares, the declassification of our Board of Directors, and other governance-related
revisions.

Amendments to charters, such as the
one contemplated in this Proposal 4, are subject to litigation risk. For example, stockholders of the Company could bring an action to
reverse or delay the implementation of Proposal 4. The Company does not presently have any reason to believe that such an action will
be brought in connection with this Proposal 4.

Plan of Merger

The Company will be merged with and into GameSquare Merger Sub 2, Inc. pursuant to the Agreement and Plan of Merger by and between GameSquare Holdings, Inc. and GameSquare Merger Sub 2, Inc., dated August 26, 2025, which is attached as Appendix Ato this Proxy Statement. Upon the completion of the merger, the Company will be the surviving corporation. GameSquare Merger