TOPGOLF CELEBRATES A NEW CHAPTER IN INDONESIA’S ENTERTAINMENT EVOLUTION WITH TOPPING OFF CEREMONY

Jakarta, January 9th, 2024 – Topgolf, the internationally acclaimed sports entertainment complex, marks a significant step in its global expansion with the celebration of a Topping Off Ceremony at its construction site in Cilandak, a vibrant district in South Jakarta. The event marks the placement of the tallest beam of the building construction, bringing Topgolf one step closer to introducing a new kind of play and dynamic social experiences to the Indonesian market.

Topgolf’s Indonesian venture will be officially recognized as Topgolf Jakarta, adding another chapter to its rich global history of over 90 venues. Indonesia takes pride in being the 2nd Southeast Asian country to welcome and embrace this distinctive and innovative entertainment concept.

Andrew Nathan, CEO of TG SEA Development, expressed his excitement, stating, “Through the power of play and innovative, fun entertainment, we aim to bring people together and make every moment matter, regardless of age or skill level. Indonesia’s vibrant sport and social scene aligns with our vision to offer a transformative experience that enriches lives.”

Andrew Nathan further emphasized Topgolf’s commitment to contributing to Indonesia’s growth by providing employment opportunities and contributing to urban tourism. “We are confident that Topgolf will become the favorite hangout joint for everyone, transcending age barriers.”

Francis Dehnhardt, Director of Operations at Topgolf Indonesia, added, “Topgolf is a popular destination for social seekers, families, sports lovers, and organizations to connect and interact. We believe that our values will make Indonesia’s hangout scene more exciting and enhance the country’s attractiveness as a destination.”

The core principle of Topgolf is encapsulated in the tagline It’s golf. It’s not golf. It’s Topgolf! emphasizing an inclusive and high-tech golf experience, which enable everyone to play regardless of their skill level, complemented by a delectable chef-inspired menu and versatile event spaces for various celebrations such as birthday parties, team building for corporate events, and more.

Topgolf Jakarta is set to become a three-story landmark on a 3.5-hectare site, offering a total of 102 group-sized and outdoor hitting bays. With multiple bars and restaurants, VIP spaces, and expansive event rooms, Topgolf promises a holistic entertainment experience catering to leisure seekers, event planners, and sports enthusiasts.

Beyond entertainment, Topgolf Jakarta aims to make a positive impact on society. The development is expected to generate job opportunities, with a significant percentage benefiting the local community. Additionally, Topgolf Jakarta plans to engage with the local community through outreach programs to address social issues and drive further societal development.

As of now, Topgolf Jakarta is set to open by the end of 2024. Stay tuned for an exciting new chapter in Indonesia’s entertainment landscape.

ABOUT PT GOLF ENTERTAINMENT INDONESIA

PT Golf Entertainment Indonesia exclusively manages Topgolf sports & entertainment venues in Indonesia and is an affiliate of TG SEA Development, Pte. Ltd.

ABOUT TG SEA DEVELOPMENT PTE., LTD.

Singapore-based TG SEA Development Pte., Ltd. is the exclusive developer for Topgolf across Southeast Asia: Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. The company was founded and is led by the principals of Parkview Entertainment & Leisure, JLM Financial Partners (JLM) and Chaucer Global; the same sponsors of Sports Entertainment Asia, Ltd. (SEAL), the exclusive developer of Topgolf in Greater China.

Website: www.tgseadevelopment.com

ABOUT TOPGOLF

A Topgolf Callaway Brands Corp. (NYSE: MODG) brand, Topgolf is the ultimate instigator of play. Thanks to our 90+ venues around the globe, industry-leading Toptracer technology, mobile games and app, we’re leading the charge of modern golf wherever our Players are. We offer a variety of tech-driven games, a top-tier food and drink menu, and a vibe focused on more play for all. Topgolf brands are on a mission to enable Players to hit 50 billion golf balls between 2022 and 2025. To learn more or make plans to come play around, visit topgolf.com.

ABOUT TOPGOLF CALLAWAY BRANDS

Topgolf Callaway Brands Corp. (NYSE: MODG) is an unrivaled tech-enabled Modern Golf and active lifestyle company delivering leading golf equipment, apparel and entertainment, with a portfolio of global brands including Topgolf, Callaway Golf, TravisMathew, Toptracer, Odyssey, OGIO, Jack Wolfskin and World Golf Tour (“WGT”). “Modern Golf” is the dynamic and inclusive ecosystem that includes both on-course and off-course golf. Learn more at topgolfcallawaybrands.com.

For inquiries, please contact:

Thio Adynata, Edelman Indonesia

E: Thio.Adynata@edelman.com

P: +62 813 1801 5159