• Boustead Securities

Clubhouse Media Bolsters Advisory Board with Addition of Partner at Legendary VC Firm

Andrew Omori is a Partner at Andreessen Horowitz,

a Lead Investor in the Clubhouse App

Boustead Securities' client, Clubhouse Media Group (OTCMKTS: CMGR) (“Clubhouse Media” or the “Company”), an influencer-based marketing and media firm with a global aggregate social media reach, has announced that Andrew Omori, partner at renowned venture capital firm Andreessen Horowitz (www.a16z.com), is coming on board as a key member of the Company’s official Advisory Board. Andreessen Horowitz is well known for leading investments in hit social audio app, Clubhouse, as well as Airbnb and Coinbase. Andrew is a partner at Andreessen Horowitz (“a16z”), one of Silicon Valley’s most prominent venture capital firms, with $17.6 billion in assets under management. Prior to joining a16z, Andrew served as a VP at JMP Group and as a technology investment banker. Andrew has dedicated his career to helping technology companies scale and has worked with a variety of social companies including Snap, Pinterest, Roblox, and the Clubhouse app. His current firm, a16z, was founded by tech titans Marc Andreessen (co-founder of Netscape) and Ben Horowitz (best-selling author and founder of Opsware). As an early-stage investor in Facebook, Instagram, Lyft, Slack, Oculus VR, Roblox, and many other successful breakthrough technology companies, a16z has developed a reputation for spotting core trends in their early stages and identifying landmark opportunities ahead of the crowd. The firm has also been a significant investor in fintech unicorn, Robinhood. “In coordinating influencer-based marketing and media into a larger and more scalable technology-augmented platform, we are doing something new and innovative,” noted Chris Young, President of Clubhouse Media. “Andrew will be a tremendous asset as we scale this model and pursue optimal pathways for monetizing the huge reach we have already built. He will also be instrumental in providing access to relationships, branding opportunities, and partnerships that hold the potential for further gains in shareholder value.” Clubhouse Media does not own, and is not otherwise affiliated with, the Clubhouse app.

About Clubhouse Media Group Clubhouse Media Group represents the future of influencer media and marketing, with a global network of professionally run content houses, each of which has its own brand, influencer cohort and production capabilities. The Clubhouse offers management, production and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space. The Clubhouse management team consists of successful entrepreneurs with financial, legal, marketing and digital content creation expertise. About Boustead Securities, LLC Boustead Securities, LLC is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. 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