Snail Inc. Board Appoints Hai Shi As Sole CEO After Non-Renewal Of Xuedong (Tony) Tian's Offer Letter

Snail, Inc.

Snail, Inc.

SNAL

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On September 30, 2025, in conjunction with the determination to not renew the Tian Offer Letter, the Company's Board of Directors (the "Board") approved the appointment of Mr. Shi as the sole Chief Executive Officer of Snail Games and its affiliates, including the Company, effective as of October 1, 2025.