Bowlero Promotes Long-Time Executive Lev Ekster to President

Bowlero Corporation (NYSE: BOWL), the global leader in bowling entertainment, announced today the naming of Lev Ekster, 40, as President of Bowlero Corp. Mr. Ekster has led the expansion of the Professional Bowlers Association (“PBA”) along with the Amusements and Leagues departments and most recently, Information Technology. He will report to Thomas Shannon, Founder, Chairman and CEO of Bowlero, and be responsible for daily management of Center Operations.

“Over the past 11 years, our company has undergone tremendous growth,” stated Mr. Shannon. “The strategic acquisitions of AMF, Brunswick, Bowl America, Lucky Strike, the Professional Bowlers Association and about 50 independent centers, combined with the opening of a dozen high-grossing new builds, have positioned Bowlero as a clear leader in the Out Of Home entertainment industry.

In the last few months, newly appointed Chief Financial Officer, Bobby Lavan, has provided new and valuable insights into data, while Chief Operating Officer Jeffrey Gliner has optimized pricing and promotions, yielding significant and immediate results. Additionally, Zac Sulma's leadership in the Sales Department has achieved record-breaking performance during the all-important holiday Period 6.

To further optimize the company’s operations, Mr. Ekster has been promoted to President of Bowlero. Mr. Ekster has been an integral part of the company for over a decade, expanding the amusements business from under $35 million to over $100 million and streamlining all related processes which resulted in higher game and kiosk uptime, driving double-digit returns on invested capital. He was also responsible for growing revenue in the League business and effectively managing the Professional Bowlers Association business and its complex media aspects.”

In closing Mr. Shannon said, "In the evolving landscape of our industry, Lev Ekster is the ideal person to bring increased organization and optimization to Bowlero. His track record of success and his ability to excel in every challenge makes him the perfect leader to guide us towards future growth and innovation."

Mr. Ekster has an undergraduate degree in Business Administration from Ithaca College and a JD from New York Law School where he graduated Cum Laude.

About Bowlero Corp

Bowlero is the global leader in bowling entertainment. With approximately 350 bowling centers across North America, Bowlero serves more than 40 million guest visits annually through a family of brands that include Bowlero, Lucky Strike and AMF. In 2019, Bowlero acquired the Professional Bowlers Association, the major league of bowling, which boasts thousands of members and millions of fans across the globe. For more information on Bowlero, please visit BowleroCorp.com.