AGS appoints Lead Independent Director Adam Chibib as new Chairman of the Board of Directors

– USA, NV –  PlayAGS, Inc. (NYSE: AGS), a leading supplier of high-performing slot, table, and interactive products and services to the global gaming industry, today announced the appointment of current Board member and Lead Independent Director, Adam Chibib, as Chairman of the Board of Directors, effective January 27, 2023, succeeding David Sambur who stepped down from the Board.

“We are excited to welcome Adam as our new Board Chairman. He is an incredibly well-respected leader within the gaming industry, and his depth of experience has been invaluable to AGS throughout his years of service. Adam’s guidance and leadership from day one of the Company’s initial public offering has played a critical role in shaping who we are as a Company today. I look forward to continue working with him in his new role.” said CEO, David Lopez.

About Adam Chibib

Mr. Chibib has served as a member of the AGS Board since January 2018. His thirty-plus-year career has included executive roles at numerous successful companies ranging from early-stage start-ups to billion-dollar public companies and has spanned multiple industries including telecom software, security hardware, consumer financial services, and gaming. Mr. Chibib is currently the CFO of Self Financial, a consumer finance company based in Austin, Texas. Before Self Financial, Mr. Chibib was a general partner at Silverton Partners, an early-stage venture capital firm, and, before that, served as President and CFO of Multimedia Games Holding Company, Inc. which was acquired by Global Cash Access, Inc. In addition to holding several board seats outside of AGS, Mr. Chibib is the Treasurer for the Austin Film Society and serves on the Nominating Committee for the Eanes Education Foundation.

Adam Chibib said, “I am extremely honored to serve as AGS’ Chairman of the Board. Over the past five years, I have gained a great deal of respect for my fellow Board members and the Company’s executive leadership team. I look forward to leveraging my previous experience in gaming and other industries to help guide AGS to the next level.”

About AGS

AGS is a global company focused on creating a diverse mix of entertaining gaming experiences for every kind of player. Our roots are firmly planted in the Class II Native American gaming market, but our customer-centric culture and growth have helped us branch out to become a leading all-inclusive commercial gaming supplier. Powered by high-performing Class II and Class III slot products, an expansive table products portfolio, real-money gaming platforms and content, highly rated social casino solutions for operators and players, and best-in-class service, we offer an unmatched value proposition for our casino partners.

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