The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Sports Illustrated, TheStreet, Parade Media (“Parade”), and Men’s Journal, operating on a single technology platform, today announced that it will release its financial results for the first quarter ended March 31, 2023, on Wednesday, May 10, 2023 following the close of the market.

Ross Levinsohn, The Arena Group’s Chief Executive Officer, Doug Smith, Chief Financial Officer, and Andrew Kraft, Chief Operating Officer, will host a conference call and live webcast to review the quarterly results and provide a corporate update at 4:30 p.m. ET the same day. To access the call, please dial 877-545-0320 (toll free) or 973-528-0016 and if requested, reference conference ID 990309. The conference call will also be webcast live on the Investor Relations section of The Arena Group’s website at https://investors.thearenagroup.net/news-and-events/events.

Following the conclusion of the live call, a replay of the webcast will be available on the Investor Relations section of the Company's website for at least 90 days. A telephonic replay of the conference call will also be available from 7 p.m. ET on May 10, 2023 until 11:59 p.m. ET on May 24, 2023 by dialing 877-481-4010 (United States) or 919-882-2331 (international) and using the passcode 48276.

About The Arena Group

The Arena Group creates robust digital destinations that delight consumers with powerful journalism and news about the things they love – their favorite sports teams, advice on investing, the inside scoop on personal finance, and the latest on lifestyle essentials. With powerful technology, editorial expertise, data management, and marketing savvy, the transformative company enables brands like Sports Illustrated, TheStreet, Parade, and Men’s Journal to deliver highly relevant content and experiences that consumers love. To learn more, visit www.thearenagroup.net.

The Arena Group Contact: Rachael Fink Public Relations Manager, The Arena Group Rachael.Fink@thearenagroup.net

The Arena Group Investor Contact: Rob Fink FNK IR 646-809-4048 aren@fnkir.com

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