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Monday, 03/13/2023 10:22:43 AM

Monday, March 13, 2023 10:22:43 AM

Post# of 10271
Genius Brands International, Inc. (the “Company”) announces it has no exposure to the Silicon Valley Bank default or any related bank securities. Further, the Company confirms that it is debt free, excluding a margin loan and revolving production credit line that are secured and offset by fixed-income investments held in a brokerage account. Moreover, based on the Company’s current cash and investments in marketable securities, the Company has sufficient liquidity to support its ongoing operations and has no current plans to raise capital.
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