Amendment to Director Agreement and Compensation Adjustment

Mega Matrix Inc. has amended its director agreement with Dr. Yunhao Chen. The amendment, effective March 16, 2026, terminates the award of 18,000 unvested restricted share units previously granted to Dr. Chen. Additionally, her monthly cash compensation has been increased from $3,000 to $5,000, retroactive to January 1, 2026. This change affects her compensation structure following her appointment as an independent director and member of various board committees.