Vice Chairman Howard Jonas to materially increase investment and become more actively involved in supporting DataSeeds growth

Morris Berger, current CEO of Zeno Media and former CEO of IDT Entertainment, to join Zedge as CEO effective October 1

Company's goal is to accelerate DataSeeds.AI's growth and build it into a core business

NEW YORK, NY / ACCESS Newswire / August 31, 2026 / Zedge, Inc. (NYSE:ZDGE), $ZDGE, a company that builds and operates creator communities serving 20 million monthly active users, today announced a significant expansion of its DataSeeds.AI ("DataSeeds") strategy, supported by an approximately $7.5 million direct investment led by Vice Chairman Howard Jonas and the appointment of Morris Berger as Chief Executive Officer effective October 1, 2026. The Company's goal is to accelerate DataSeeds' growth and build it into a core business by expanding its team, capabilities and reach across the AI data value chain.