Codere Online AGM Results and Compliance Committee Changes

Codere Online has reported favorable AGM results, confirming all 24 agenda items and renewing the Board of Directors. The company has also appointed A.G. Burnett as Chairman of the Compliance Committee, effective July 1, 2025. Burnett brings over 20 years of experience in gaming regulation and law, including his service as Chairman and Executive Director of the Nevada Gaming Control Board. Burnett succeeds Mark Dunn as chairman of the Compliance Committee, with Dunn's dedication and integrity instrumental in shaping a strong compliance culture across the Company.

Luxembourg, Grand Duchy of Luxembourg, June 30, 2025 – Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 24 agenda items at its Annual General Meeting ("AGM") held today at the registered office of the Company. The meeting confirmed and renewed all currently serving Board members, thereby maintaining the existing composition of the Board [1].

One of the notable decisions made during the AGM was the appointment of A.G. Burnett as Chairman of the Compliance Committee, effective July 1, 2025. Burnett brings over 20 years of experience in gaming regulation and law, including his service as Chairman and Executive Director of the Nevada Gaming Control Board ("GCB") from 2012 to 2017. Prior to that, he served as a Board Member and Deputy Chief of the GCB’s Corporate Securities Division, as well as Senior Deputy Attorney General representing the GCB and the Nevada Gaming Commission. Burnett is a recognized professional in gaming law, regulatory compliance, enforcement, legislative affairs, AML, and sports betting law and regulation. He currently serves as a Partner at McDonald Carano, where he advises gaming clients on a wide range of regulatory and compliance matters. A graduate of Gonzaga University School of Law, Burnett holds leadership and advisory roles with several industry groups, including the International Association of Gaming Advisors, the International Masters of Gaming Law, and the UNLV’s Boyd School of Law Gaming Law Advisory Board [1].

Burnett succeeds Mark Dunn as chairman of the Compliance Committee. Dunn's dedication and integrity have been instrumental in shaping a strong compliance culture across the Company since his appointment as a member of the Compliance Committee in 2022. The Company extends its sincere thanks to Dunn for his outstanding contribution [1].

Codere Online operates in its core markets of Spain, Mexico, Colombia, Panama, and Argentina, offering online sports betting and online casino through its state-of-the-art website and mobile applications. The company’s online business is complemented by Codere Group’s physical presence in Spain and throughout Latin America, forming the foundation of the leading omnichannel gaming and casino presence [1].

Forward-looking statements included in this announcement should be reviewed with caution. These statements involve a number of judgments, risks, and uncertainties, and actual results may differ materially from those expressed or implied by the forward-looking statements. Some of the factors that could cause actual results to differ include changes in applicable laws or regulations, the ability to implement business plans, and the risk that Codere Online may never achieve or sustain profitability [1].

References:
[1] https://www.globenewswire.com/news-release/2025/06/30/3107583/0/en/Codere-Online-Reports-Favorable-AGM-Results-and-Changes-to-its-Compliance-Committee.html