Dreamland Ltd. Receives Legal Opinion on Corporate Governance Practices

Key Highlights

• Dreamland Ltd. adopts certain corporate governance practices based on Cayman Islands law.
• These practices are in lieu of specific requirements of the Nasdaq Marketplace Rule 5600 Series.
• A legal opinion confirms that the Company's Home Country Practice is not prohibited by Cayman Islands law.
• The practices cover shareholder meetings and proxy solicitations (Nasdaq Rule 5620).
• They also address shareholder approval for acquisitions, change of control, and equity compensation (Nasdaq Rule 5635).
• Voting rights of shareholders are also covered by these practices (Nasdaq Rule 5640).