Peter Ahn and Damon Schramm Bring Extensive Corporate Governance and Gaming Experience to Company
Appointments Increase Size of Board of Directors to Seven Members
Canterbury Park Holding Corporation announced today that Peter Ahn and Damon Schramm have been appointed to
the Company’s Board of Directors, effective October 5, 2022. The appointment of Mr. Ahn and Mr.
Schramm to Canterbury Park’s Board of Directors increases the size of the Board to seven members, six
of whom are considered independent directors under NASDAQ rules. Mr. Ahn will serve on the Board’s
Audit Committee. Mr. Schramm will serve on the Board’s Compensation Committee.
Peter Ahn currently serves as Chief Financial Officer of Hemisphere Companies, a private investment firm
he co‐founded in 2001. Hemisphere invests across a variety of industries, including restaurants, casinos,
entertainment, and retail, among others, managing the entire lifecycle of its portfolio companies from
creation to sale. Prior to establishing Hemisphere Companies, he served as an investment banker with
Dain Rauscher (now part of RBC Capital Markets) and Jefferies and Co., with a primary focus on the casino
industry. Mr. Ahn brings to Canterbury Park extensive governance experience, having served on the
boards of directors for each of Hemisphere’s companies. He also served on the boards at Macalester
College, the Blake School and the Lake Country School, all of which are located in Minneapolis and St.
Paul. He holds a BA in Economics from Macalester College and an MBA in Strategic Management from the
University of Minnesota.
Damon Schramm currently serves as Vice President of Legal for Togetherwork where he oversees all the
private technology company’s legal affairs, advising business partners and executives on corporate
transactions, mergers and acquisitions, compliance, data privacy, and employment matters. Prior to
Togetherwork, Mr. Schramm was General Counsel for KASA Holdings, a private equity and holding
company operating across the internet, technology and e‐commerce sectors. In that role, he provided
guidance on mergers and acquisitions, investments, contracts, due diligence and corporate development.
He also practiced corporate and gaming law at Lathrop GPM and served as Chief Legal Officer and
Secretary for Waitr Inc. and BiteSquad.com, LLC (a public technology company), as well as Senior Vice
President, General Counsel and Secretary for Evine Live (a public digital and media company), and Vice
President, General Counsel and Secretary for Lakes Entertainment (a public casino gaming company). Mr.
Schramm brings to Canterbury Park gaming industry experience as well as mergers & acquisitions,
corporate governance, and legal expertise, having served as corporate secretary for three public
companies. He has served as an adjunct professor and lecturer in business law. He holds a BA from the
University of Minnesota – Duluth and a JD from William Mitchell College of Law. He is working towards a
Masters of Law in Securities and Financial Regulation from Georgetown University Law Center.
Randy Sampson, Executive Chairman of the Board, President, and Chief Executive Officer of Canterbury
Park, commented on Mr. Ahn’s and Mr. Schramm’s appointments, “We are delighted to welcome Peter
Ahn and Damon Schramm to the Board of Directors of Canterbury Park. Collectively, they bring to our
Company extensive gaming industry knowledge and corporate governance expertise which we believe
make them ideal members of our expanded Board. We look forward to benefiting from their counsel and
expertise as we continue to grow our Casino and racing businesses while further unlocking
shareholder value through the ongoing development of Canterbury Commons. In addition, as we continue
to review potential growth opportunities in the gaming and entertainment sectors, Peter and Damon will
bring informed perspectives which will serve our shareholders well.”