Tyler A. Havlicek will be stepping down as CEO of M & T Studios Effective Midnight 6-12-2023

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Dear colleagues and friends,

I am writing to you today with a heavy heart, but also with a sense of gratitude and optimism. After much deliberation and reflection, I have decided to step down as the CEO of this company, effective from the end of this month.

This was not an easy decision for me, as I have devoted more than a decade of my life to this company, and I have witnessed its growth from a small startup to a global leader in our industry. I am immensely proud of what we have achieved together, and I am honored to have worked with some of the most talented and passionate people in the world.

However, I also believe that every leader has a time and a place, and that it is important to know when to pass the baton to someone else who can bring fresh perspectives and new ideas to the table. I have reached a point in my personal and professional journey where I feel that I need to explore new opportunities and challenges, and that it is time for me to make room for the next generation of leaders in this company.

I want to assure you that this decision was made after careful consultation with the board of directors, and that we have already identified a suitable successor who will be announced soon. I have full confidence in the new CEO, who has been with the company for several years and has proven his or her capabilities and vision in various roles. I will work closely with him or her during the transition period to ensure a smooth handover and continuity of operations.

I also want to take this opportunity to thank each and every one of you for your hard work, dedication, and support over the years. You are the reason why this company is successful, and why I am proud to call myself your leader. You have taught me so much, inspired me constantly, and challenged me to grow as a person and as a leader. I will always cherish the memories we have made together, and I will always be rooting for you and for this company.

I hope you will join me in welcoming the new CEO, and in giving him or her your full cooperation and trust. I also hope you will continue to uphold the values and culture that we have built together, and to strive for excellence in everything you do. This company has a bright future ahead of it, and I am confident that you will make it even brighter.

Thank you for everything. It has been an honor and a privilege to serve as your CEO.

Josh Stuart Will serve as Acting CEO & I will serve as the new Chief Content Officer

Sincerely,

Tyler A. Havlicek