#1Allwyn BNP Paribas High Yield and Leveraged Finance Conference 19 January 2023 For further information on our company, please visit our investor relations website: www.allwynentertainment.com/investors/sazka- group-debt-investor-hub allwyn ●#2Today's presenters 2 Kenneth Morton Chief Financial Officer Allwyn Joined KKCG in 2019 and Allwyn in 2020 20+ years of experience Prior positions include Head of Corporate Finance at KKCG and Executive Director at Morgan Stanley DKKCG / Morgan Stanley Iva Horcicova Head of Capital Markets Allwyn Joined Allwyn in 2021 10+ years of experience Prior positions include investment analyst at Napier Park Global Capital and investment banker at ING ING NAPIERPARK allwyn#301 allwyn Introduction to Allwyn#4Allwyn at a glance - leading lottery operator... 4 Leadership Scale Financial strength (Consolidated)5 Diversified business (Pro-rata) 6 1) 2) 3) 4 5 #1 lottery operator across 5 markets¹ 6) 7) €3.7bn LTM Q3'22 consolidated gross gaming revenue Lottery €1,168m LTM Q3'22 adj. EBITDA Split by product6,8 iGaming 64% 11% LTM Q3'22 GGR 11% > 0 14% Source: Company information, Management estimates (subject to material change) Based on market data sourced from H2GC Camelot 2021/22 gross ticket sales results Adult population playing lottery in Austria (84%), Czech Republic (73%), Greece (56%), Italy (34%), as of 2019 Population of Austria, Cyprus, Czech Republic, Greece and Italy, as of 2020 Sports betting VLT and Casinos Austria Up to 84% surveyed adult population play lottery¹, 3 52% LTM Q3'22 adj. EBITDA margin Split by geography6,8 34% Figures shown on consolidated basis Figures are calculated as pro rata for Allwyn International a.s.' economic interest in group operating companies at end of period Q3'22 Cash conversion calculated as (Adj. EBITDA - capex) / Adj. EBITDA; capex = acquisition of property, plant and equipment and intangible assets Czech Republic 15% 8) 9) 10 11) 12) LTM Q3'22 GGR 23% 28% Peser Greece and Cyprus Italy 91m population in Allwyn's operating markets¹, 4 ~96% LTM Q3'22 cash conversion7 Online share (Q3'22) 8 31.1% 46.0% 25.0% Recent Developments Incoming Licensee for the 4th UK National Lottery License¹⁰ and agreement to acquire Camelot UK (current operator)" £8bn 2021/22 Sales² 67m Total population¹ Agreement to acquire Camelot Lottery Solutions¹2 with a private lottery contract in Illinois and advisory contract in Arkansas Split based on pro rata gross gaming revenue ("GGR"); amount wagered x payout used as proxy for GGR for Lottoltalia; Lottoltalia's revenue consists of revenue from contract with customers, calculated as 6% of amount wagered. Austria: excludes casinós and land-based sports betting. Greece: includes Stoiximan On 20th September 2022, Allwyn was formally awarded the Fourth License to operate the National Lottery for a decade starting February 2024 On 19th November 2022, Allwyn announced it has agreed to acquire Camelot UK Lotteries Limited On 22nd December 2022, Allwyn announced that it has agreed to acquire the Camelot Lottery Solutions group of companies iGaming includes online casino, online slots, online poker, online bingo and other online only; online sales of products which are also sold through physical retail channel included under respective product allwyn#5... positioned in the sweet spot of the lottery ecosystem... LO 5 Product and technology suppliers Provide instant game products and systems technology for draw- based games, e.g. powerball SGI SCIENTIFIC GAMES intralot POLLARD banknote limited IGT. neogames Ⓡ Technology and services CAMELOT FDJ National or local government that oversees lottery within a jurisdiction Consumer-focused lottery operators Operate lottery on behalf of government, managing brand and point of sale network allwyn Sazka SAZKA AT Government entities Sazka Sazka Licenses and regulation ANA Up to 84% of adult population in certain operating markets' 050-0015985-050 KARTY 7-11-21 PERA Online sales Consumers 20Kč 742192608 1) Based on market data sourced from H2GC, Adult population playing lottery in Austria (84%), Czech Republic (73%), Greece (56%), Italy (34%), as of 2019 50000 5874 The Lottery Corporation 1000 POLLARD banknote limited Agency agreements Land-based sales Retailers and agents Retailers' kiosks, convenience stores, supermarkets, outlet stores sazka 12 Hal KATI PATY Sazka VYA MOBIL 567 11 12 13 14 allwyn#6... benefitting from the attractiveness of the lottery market 6 CO Large addressable Lottery market, 1.2x¹ larger relative to Casino, Sport Betting and iGaming combined 1) 2) Fast growing market projected to grow at +6%2 CAGR between 20A and 25E driven among others by iLottery Lottery's characteristics contribute to sector resilience, demonstrated by positive performance throughout the COVID-19 and Global Financial Crisis Benefitting from a more favourable ESG profile and public perception versus other gaming segments Lottery appeals to wide range of demographics leading to high participation rates, creating strong basis for cross selling Favourable industry structure, with Allwyn uniquely positioned Exclusive long term licenses and high barriers to entry Source: H2GC Based on Global sales / win (2019, $bn) Global annual lottery wagers ($bn) allwyn#7Allwyn is offering a broad range of gaming products via physical retail and online channels... ✓ Product currently offered Lotteries 7 LOGOS $$$ 2) 4) ... iGaming¹ National jackpot game Pan-European jackpot game Fast game Annuity game Other numerical lotteries Instant lotteries Sports betting VLTS and casinos Physical retail ✓ ✓ Austria n/a ✓ ✓ Online n/a Czech Republic Physical retail xxxxxxxxx n/a Online ✓ ✓ Current Allwyn Offerings Greece & Cyprus² ✓ n/a Physical retail n/a ✓ Online Launch expected Launch expected Launch expected n/a Physical retail Source: Company information iGaming includes online casino, online slots, online poker, online bingo and other online only; online sales of products which are also sold through physical retail channel included under respective product In Cyprus OPAP only offers numerical lotteries and sports betting On 20th September 2022, Allwyn was formally awarded the Fourth License to operate the National Lottery for a decade starting February 2024. On 22nd December 2022, Allwyn announced its acquisition of Camelot Lottery Solutions from OTPP. ✓ n/a Italy Online n/a UKNL Assets United Kingdom³ Physical retail Online ✓ ✓ Illinois Lottery United States4 Physical retail Online Launch expected Launch expected allwyn#8supported by strong owned brands, largely exclusive long-term licences and well- established regulatory relationships cementing structural barriers to entry 8 Brands owned by Allwyn Unaided brand awareness L POS network³ A Exclusive licenses/ Dominant position No public tender No material upfront license fee Long-term lottery concessions (Length including extensions) Austria CASINOS AUSTRIA LOTTO 87% 5,100 tipp3 One per 1,745 pop. (Since 1986) 6 15 years Domestic casinos: 6 licences in 2027 and 6 licences in 2030 Lotteries: 2027 Czech Republic 2) OPAP and Stoiximan brands owned; some game brands owned by the Greek state 3) Population data sourced from H2GC sportka Sazka BET Sazka 78% 12,500 One per 856 pop. 7 Sazka LOSY Dominant position N/A Source: Company information 1) On 20th September 2022, Allwyn was formally awarded the Fourth License to operate the National Lottery for a decade starting February 2024. 7) Greece and Cyprus opap Stoiximan 100% 13,000 One per 892 pop. (Since 1958) Upfront fee paid Up to 30 years Numerical lotteries: 2030 Instant lotteries: 2026 VLTS: 2035 Offline sports betting: 2030 Horse racing: 2036 Italy Owned by the regulator GIOCO DEL LOTTO 81% 33,600 One per 1,792 pop. (Since 1993 through JV partner) Next in 2025 Upfront fee paid 9 years Fixed odds numerical lotteries: 2025 United Kingdom¹ Owned by the regulator N/A 44,0004 One per 1,525 pop. Next in 2032 10 years (4UKNL expires in 2034) Based on Camelot's disclosed retail partners Based on 100% market share in jackpot lotteries as per Company data Concessions in Austria are awarded based on §14 GSPG (Lottery-Licence) / 821 GSpG(Casino Licence): the Minister of Finance is required to perform a public search for potential interested parties (Interessentensuche), which is required to be transparent and non-discriminatory Based on 100% market share in jackpot lotteries as per Company data Total / Average High brand awareness 64,200 (excl. UK) One per 1,424 pop. 18 years (excl. UK) allwyn#9Continuing to execute the strategy that has driven our growth to date 9 1 High Performance Teams Local focus supported by international expertise, providing attractive scope for talent growth Source: Company information 2 Innovation Expansion of our lottery games portfolio, iGaming and sports betting allwyn M 3 Digitization Transforming our CRM, making games more engaging, relevant, and safe, and registering users 4 Efficiency Digitally and operationally driven ..... 5 Responsible Gaming/ESG ESG is absolutely key to success in lottery 6 Inorganic Growth Strong track record of acquiring businesses with attractive potential and creating value by improving their performance and applying our operating techniques allwyn#10Allwyn has consistently delivered balanced organic and inorganic growth Pro rata NGR (€m) 10 440 2016A 25 +6% Source: Company information +36% 131 LOTTOITALIA +30% 597 2017A 65 +11% +37% 157 2 Österreichische LOTTERIEN CASINOS AUSTRIA +26% 819 2018A 51 +6% +17% ... 90 opap +11% 960 2019A 202 (9%) (21%) Organic growth (%) 119 Stoiximan Österreichische LOTTERIEN G CASINOS AUSTRIA +12% +10% CAGR 877 2020A Inorganic growth (%) 221 +33% +25% 66 а орар CASINOS AUSTRIA +8% 1,165 2021A 2019A-2021A CAGR (%) allwyn#11Delivering on our growth strategies – organic growth Compounded top-line growth and consistent margin expansion 11 GGR (€m)¹ Adj. EBITDA (€m)² 1,246 2019A 211 2019A Austria CAGR: (4.4%) CAGR: 0.1% 1,139 Heavily COVID Impacted 2021A 211 2021A (1) (2) Adjusted EBITDA except for Stoiximan and data prior to 2019A (3) Greece 2019 EBITDA* excluding Stoiximan STX 2019 EBITDA and GGR *data are based on management accounts 121 Note: Financials presented on a 100% basis. For Italy, NGR shown. NGR for Italy corresponds to "Revenues from contract with customers" 2012A Czech Republic 36 2012A CAGR: 14.4% CAGR: 13.3% 408 2021A 111 2021A 1,220 2013A 222 2013A OPAP CAGR: 4.8% CAGR: 10.5% Greece and Cyprus 2020 and 2021 heavily COVID impacted 1,620 2019A 405³ 2019A Stoiximan 4 201 2019A 17 2019A CAGR: 31.1% CAGR: 105.8% 345 2021A 72 2021A 449 2017A 342 2017A Italy¹ CAGR: 2.7% CAGR: 4.6% 500 2021A 409 2021A allwyn#12Delivering on our growth strategies - organic growth (cont'd) 3 key pillars of our organic growth strategy 12 1 Retail Lottery ✓ Product innovation ✓ De-anonymization through customer registration ✓ New product launches allwyn 2 Digital Lottery ✓ New users ✓ Grow customer spend ✓ Product innovation 3 Cross Sell ✓ Build on trusted brands, lottery customer base and channels ✓ New product launches ✓iCasino and Sportsbook current focus allwyn#13Delivering on our growth strategies - inorganic growth Allwyn benefits from a differentiated and favourable position in the lottery competitive landscape 13 B2B technology suppliers SC SCIENTIFIC GAMES IGT. intralot neogames State-owned lotteries VEIKKAUS NEDERLANDSE LOTERIJ LOTERÍAS YAPUESTAS DEL ESTADO calottery NEW YORK LOTTERY Public / partially privatised domestic champions FDJ The Lottery Corporation Sisal Diversified multi-national B2C allwyn CAMELOT allwyn#14Delivering on our growth strategies – inorganic growth (cont'd) We have historically invested a large portion of the cash flow that our businesses generate in expanding our footprint through tenders and acquisitions Key inorganic growth strategies • New market entries via tender (e.g. Italy, UK) Increasing our interest in key group entities (OPAP, CASAG, Stoiximan, Betano), often in several stages • Bolt-ons in complementary products, geographies and technologies (CASAG, Camelot Lottery Solutions) ● Initial market entry Select M&A activity 14 Sazka Czech Republic 2) 3) 2012A Acquisition of a 50% stake in SAZKA a.s. (2011) opap Greece and Cyprus # 2013A Acquisition of remaining 50% stake in SAZKA a.s. *opap Privatisation of 33.0% stake in OPAP 2014A CASINOS AUSTRIA Acquisition of indirect 11.3% stake in CASAG 2 Österreichische LOTTERIEN CASINOS AUSTRIA Austria 2015A LOTTOITALIA Successful tender of 32.5% Lottoltalia 2016A Österreichische LOTTERIEN LOTTOITALIA Acquisition of indirect 11.6% stake in Austrian Lotteries Italy 2017A CASINOS AUSTRIA Acquisition of additional 22.7% indirect stake in CASAG 50€ SuperSport Source: Company information On 20th September 2022, Allwyn was formally awarded the Fourth License to operate the National Lottery for a decade starting February 2024. On 19th November 2022, Allwyn announced it has agreed to acquire Camelot UK Lotteries Limited. Transaction expected to close in Q1-23. On 22nd December 2022, Allwyn announced that it has agreed to acquire the Camelot Lottery Solutions group of companies. Transaction expected to close in Q1-23. Stoiximan Greece and Cyprus Acquisition of 67% stake in SuperSport J 2018A Stoiximan BETANO Acquisition of 36.8% stake in Stoiximan and Betano 2019A SuperSport Sale plus monetary contributions for 25% stake in SAZKA Group UK National Lottery¹,2 Increase in stake United Kingdom + kaizen BETANO Acquisition of 36.75% stake in Kaizen outside Greece and Cyprus CASINOS AUSTRIA UK National Lottery¹ 2020A Acquisition of additional 17.2% stake in CASAG Incoming Licensee for the 4th National Lottery license Stoiximan Acquisition of 47.7% stake in Greek and Cypriot operations Camelot Lottery Solutions³ United States Camelot UK² Acquisition of the 3rd Licence UK National operator immmmmmmm 2021A New acquisition / license at tender Camelot Lottery Solutions³ Acquisition of Camelot Lottery Solutions group 22A Xopap Acquisition of additional 6.9% indirect stake in OPAP allwyn#15Allwyn awarded the Fourth UK National Lottery Licence and agreed to acquire Camelot UK UK Lottery Market Overview (2021)² UK National Lottery Overview¹ • State-licensed national lottery; established in the UK in 1994 • FY21/22 (ending Mar-22) sales of £8.1bn and EBITDA of c. £140m Extensive retail network; ~44.5k retailers represent ~60% of sales Europe's largest online lottery by sales; > 10.1m active registered players ~94% of the UK population live or work within 1 mile of a National Lottery Terminal Online sales accounted for more than a third of all sales in FY21/22 ● ● ● ● 15 28 Aug 2020 4th National Lottery licence competition was launched 1) 2) Source: Company information, UK Gambling Commission Based on Camelot disclosure as per FY2021A public financial reporting Based on market data sourced from H2GC Adult Population 26 Oct 2020 Invitation to Apply issued to all applicants who passed initial Selection Questionnaire GDP Lottery Ticket Sales/ Adult 19 Oct 2021 Final applications submitted by 4 groups: Camelot, Allwyn, Sisal, and The New Lottery Company; which is the largest number of applicants since the lottery's founding 56.5m €2,638bn License Competition Milestones The Gambling Commission, as the regulator of the National Lottery, issues the licence to operate the lottery 15 Mar 2022 Allwyn announced as the Preferred Applicant for the Fourth National Lottery licence €176 20 September 2022 Allwyn formally awarded the Fourth National Lottery Licence O 55.2m €2,462bn €267 0 19 November 2022 Allwyn announced the agreement to acquire Camelot UK, the 3rd Licence operator 52.5m €1,775bn €354 February 2024 Start date for Fourth National Lottery licence which will last 10 years allwyn#16Allwyn agreed to acquire Camelot Lottery Solutions Private lottery manager in Illinois and iLottery technology, content and services provider to lotteries in the US and Europe Products & Services Offered • Headquartered in Chicago with offices in Athens and London Contracts: ● Private manager of the Illinois Lottery, 16 advisory services to the Arkansas Lottery, and • Technology products and solutions: B2B digital (iLottery) technology and games in Illinois, the United Kingdom, Switzerland and Ireland - Proprietary iLottery systems, extensive catalogue of digital games, a Remote Gaming Server and in-lane retail solution FY21/22 ending Mar-22 reported revenue of £136.5m¹ 1 2 3 Operate and Advise Lotteries Build and Support iLottery Platforms Create Engaging Digital Game Content ● ● ● Private Manager of the Illinois Lottery Commercial operating partner for the Arkansas Scholarship Lottery Long-standing iLottery technology experience, supplying lotteries in the UK, Ireland, Switzerland and Illinois THE NATIONAL LOTTERY® 1) Revenue reported by Camelot Global Lottery Solutions Limited Group,, parent company of entities to be acquired National Lottery O LOTERIE ROMANDE Illinois LOTTERY • Extensive library of digital games and delivery mechanism (Remote Gaming Server) allwyn#17Allwyn enjoys highly attractive financial characteristics 7 1) 3) Strong growth track record High profitability Variable cost structure High cash conversion Conservative balance sheet 94% Consolidated Adj. EBITDA Growth LTM Q3 2022 vs FY 2019¹ 52% LTM consolidated Q3'22 Adj. EBITDA margin >85% Variable cost base LTM Q3'22² 96% LTM consolidated Q3 2022 cash conversion³ 1.7x PF Consolidated Net Debt / LTM Q3'22 Adj. EBITDA4 Calculated as consolidated LTM Adjusted EBITDA Q3 2022 vs. full year consolidated 2019 Gaming taxes, agents' commissions, marketing expenses, materials and consumables Defined as (Adj. EBITDA - Capex)/ Adj. EBITDA. Calculated as consolidated net debt post IFRS16 (including leases) of €1,979m (pro forma for new senior bank financing and €200m dividend payment) divided by consolidated Q3'22 LTM Adjusted EBITDA post IFRS16 of €1,168m allwyn#18Allwyn embraces ESG Our mission is to be a trusted and proactive guardian of all that is good in lotteries and casual gaming entertainment 18 To create opportunities for all To lead in player safety Employee of choice Compliance on all levels Responsible governance Player protection of the highest quality inclusion Diversity & °57' R. isri Business Ethics & compliance safety health & Occupational Safer gaming & player protection OTO Engaged workforce PLAY PEOPLE allwyn where we all win Ca Talent attraction & development Impact of scale sponsorships PARTNER PLANET & Sustainable supply chain To change lives for the better 099 engo comment Sustainable use of resources Resource consumption communities Strong Energy consumption & greenhouse gas emissions Climate minimize environmental hart 1 In June 2022, we published our first ESG report (following several CSR reports), showcasing our ESG strategy Our ESG strategy is based on "4Ps": 2 3 4 Playing Responsibly To lead in player safety Partnering for Impact To change lives for the better Empowering People To create opportunities for all Respecting the Planet To minimize environmental impact allwyn#19ESG initiatives - some examples 19 allwyn Source: Company Information Czech Republic Austria Greece and Cyprus Supporting communities Supporting sport • Long term supporter of the Czech Olympic team Supporting culture ● Partner of the Wiener Festwochen multidisciplinary arts festival since Supporting health 1968 Supporting the renovation of the oldest and largest children's hospitals since 2014 Customer focused safety initiatives ● ● Promoting responsible gaming ● Play wisel a project launched by SAZKA, informs, allows self- testing and gives advice to players regarding responsible gambling (e.g. limits) with tutorials and explanations SAZKA also offer self-exclusion, where the customer can request termination no earlier than one year after self- exclusion is requested Providing training for retail partners All new Austrian Lotteries retail partners are required to complete a Responsible Gaming Basic Training course prior to commencement of their contract Additionally, all retail partners receive face-to-face responsible gaming training at least once a year Protecting players with time and stake limits Only customers who have set up a gaming card and set a self- imposed limit on time and money spent are allowed to play in OPAP'S PLAY Stores, with a maximum bet per spin of €2 for all games conducted via Video Lottery Terminals allwyn#2002 allwyn Business and Financial Update#21Q3 2022 highlights Strong financial performance and strategic milestones in the UK and US ● ● 21 Strong financial performance continues, demonstrating the resilience of demand for our products Continuing to deliver best in class profitability with Adjusted EBITDA margin of 54% - Significant cashflow generation Continuing to deliver on organic and inorganic growth strategies with the UK set to become the sixth market where we operate lotteries - Another quarter of strong online growth Digitalization of retail channel - GGR and Adjusted EBITDA grew by 10.5% and 10.2% year-on- year, respectively 1) 5 Product and technology innovation - Increased economic interest in OPAP to above 50% - Formally awarded the Fourth Licence to operate the UKNL from February 2024 Post quarter end, signed €1.6bn syndicated bank financing Excl. casinos and land-based sports betting Q3-19 based on management accounts, Q3 2022 based on financial data from operating companies - Post quarter end, (i) announced acquisition of Camelot UK, the current operator of the UKNL, (ii) announced acquisition of Camelot Lottery Solutions, (iii) closed the acquisition of Kaizen Including Stoiximan for all periods GGR for Italy calculated as stakes payout Based on pro-rata GGR €959m hesst €320m Online % Share of GGR Q3 '19 17.5% 21.2% 12.5% Consolidated Adjusted EBITDA +13.6%¹,2 +24.8% Consolidated GGR → +12.5%2,3 Q3 '22 31.1% 46.0% 25.0% +10.5% vs Q3 '21 iGaming 11% +10.2% vs Q3 '21 Product Split VLT and Casinos 14% Sports Betting 11% LTM Q3'22 GGR4,5 Lottery 64% allwyn#22Key strategic developments in Q3 2022 and after the quarter We continue to execute on our inorganic growth strategies 1 Increase in OPAP economic interest above 50% • In Q3 2022, the Company increased its direct shareholding in OPAP by 1.05% through open market purchases and participation in OPAP's scrip dividend programme As a result, the Group's interest in OPAP increased from 48.75% to 49.80% during the third quarter Excluding OPAP's treasury shares this represents an economic interest of 50.05% • In Q4 to date, the Company increased its direct shareholding from 49.80% to 49.84% (50.09% excluding OPAP's treasury shares) as a result of electing to receive 40% of €0.30 per share interim dividend as a scrip (60% amounting to €33.4m was received as cash) NYSE listing via merger with SPAC • Due to unfavorable market conditions, the Company has decided not to proceed with the transaction • Continue to see significant benefits from being publicly listed and it remains our medium-term strategy, subject to market conditions 3 Acquisition closing of 36.75% in Kaizen (Betano) 2 22 ● • In April 2022, we agreed to acquire a 36.75% interest in the business of Kaizen Gaming Limited outside Greece and Cyprus from OPAP for a consideration of €50m (debt free/ cash free basis) plus earnouts • Closing announced on 27 December 2022 ● allwyn#23Key strategic developments in Q3 2022 and after the quarter UK and the US to become the sixth and seventh markets where we operate lotteries 4 Allwyn officially awarded the Fourth Licence to operate the UK National Lottery LO 5 6 23 • In March 2022, Allwyn was selected by the UK Gambling Commission as Preferred Applicant for the fourth UK National Lottery licence that will run for 10 years from February 2024 Camelot and certain other parties brought claims against the Gambling Commission challenging its award decision On 16 September 2022, Allwyn was formally awarded the Fourth National Lottery licence to operate the UK National Lottery for a 10 year period starting in February 2024 Allwyn agreed to acquire Camelot UK On 19 November 2022, Allwyn announced an agreement to acquire Camelot UK Lotteries Limited, the current operator of the National Lottery under a licence that runs until 31 January 2024 Anticipated to close in Q1 2023, subject to regulatory approvals Allwyn agreed to acquire Camelot Lottery Solutions Group On 22 December, Allwyn announced an agreement to acquire Camelot Lottery Solutions Group, the private lottery manager in Illinois and iLottery technology, content and services provider to lotteries in the US and Europe Anticipated to close in Q1 2023, subject to regulatory approvals ● ● ● ● ● allwyn#24Q3 2022 financials summary Strong performance continued in Q3 with substantial growth compared to pre-pandemic levels NGR 317 Adjusted EBITDA 24 Q3'19 1) 2) 3) 45.2% 143 95.7% 137 Consolidated basis Q3'19 Q3'20 Adjusted FCF (Adjusted EBITDA - Capex) 92.2% Q3'19 EBITDA Margin² 456 Q3'20 44.7% 204 188 Q3'20 Cash Conversion ³ 532 Q3'21 54.6% 290 Q3'21 96.7% 281 Q3'21 Note: 2021 figures restated for treatment of Stoiximan GGR. Pro rata calculation based on economic ownership as at each respective period end Calculated as Adj. EBITDA/NGR Calculated as (Adj. EBITDA - Capex)/Adj. EBITDA 588 Q3'22 54.5% 320 Q3'22 96.7% 310 Q3'22 CAGR 22.8% CAGR 30.7% CAGR 31.2% NGR 217 Q3'19 Adjusted EBITDA 43.7% 95 Q3'19 90 Pro-rata basis¹ Q3'19 258 Q3'20 46.1% 119 Adjusted FCF (Adjusted EBITDA - Capex) 94.8% 92.9% Q3'20 111 Q3'20 316 Q3'21 52.4% 166 Q3'21 95.9% 159 Q3'21 382 Q3'22 53.4% 204 Q3'22 96.5% 197 Q3'22 CAGR 20.7% CAGR 29.0% CAGR 29.8% allwyn#25Strong free cashflow generation Reflects asset light business model and high profitability • Clean EBITDA with only small adjustments Consistently low capex requirements Strong FCF across geographies reflected in dividend distributions and repayment of debt at subsidiary level ● 25 – €304m distributions (o/w €221m in cash) in Q3-22 net to interest at end of quarter OPAP distributed €1.4 per share in Q3 and €0.3 interim dividend in Q4, representing its highest ever annual pay-out EBITDA Margin² Cash Conversion³ Note: 2021 figures restated for treatment of Stoiximan GGR. 1) Pro rata calculation based on economic ownership as at each respective period end Calculated as Adj. EBITDA/NGR Calculated as (Adj. EBITDA - Capex)/Adj. EBITDA Adjusted EBITDA Capex 41.0% 95 95 Q3'19 5 Q3'19 90 Pro-rata basis¹ Q3'19 34.3% 8 Q3'20 Adjusted FCF (Adjusted EBITDA - Capex) 94.8% 92.9% 119 114 Q3'20 Operating EBITDA 111 Q3'20 52.7% 166 160 Q3'21 EBITDA Adjustments 7 Q3'21 95.9% 159 Q3'21 51.0% 204 196 Q3'22 7 Q3'22 96.5% 197 Q3'22 CAGR 29.0% CAGR 29.8% allwyn#26Pro-rata net leverage (pre-IFRS 16 basis) De-leveraging continues despite M&A investments, net cash / negligible net debt position at all key operating entities As of 30 Sep 2022, Pre-IFRS16 Basis € millions 100% basis LTM Adjusted EBITDA² Cash and cash equivalents and short term financial assets Net debt Pro-rata ownership (%) Pro-rata LTM Adjusted EBITDA² Pro-rata net debt Pro-rata net leverage Pro-rata priority net leverage Pro-rata Net Debt / Pro-rata LTM Adj. EBITDA (Pre-IFRS16) 26 1233 2.9x 2.9x 3.2x 3.2x Q3'20A Austria 246 (330) (247) 59.7% 147 (148) (1.0x) Q4'19A Q1'20A Q2'20A Includes SAZKA Group a.s., service companies and holding companies Pre-IFRS16 EBITDA; Pro rata calculation based on economic ownership by segment at the end of Q2'22 Total consideration of €327m 3.9x Q4'20A Czech Republic 113 (37) (37) 100.0% 113 (37) (0.3x) 3.8x Q1'21A Greece and Cyprus 3.1x Q2'21A 717 (600) 244 48.8% 357 121 0.3x 2.6x Q3'21A Italy 369 (173) (173) 32.5% 120 (56) (0.5x) Pro forma for SAZKA Delta minority stake acquisition: 2.6x³ 2.2x Q4'21A Corporate¹ 2.3x Q1'22A (4) (166) 1,648 100.0% (4) 1,648 NM 2.2x Total Reflects SAZKA Delta minority stake acquisition³ Q2'22A 733 1,528 2.1x (0.4x) 2.1x Q3'22A allwyn#27Key financing transactions in Q3 and after the quarter Pro-actively managing capital structure Q3 2022 - Allwyn International In July 2022, Allwyn made a scheduled amortization payment of €55m under its syndicated loan After the quarter - Allwyn International • In October 2022, Allwyn obtained Ba2 corporate family rating from Moody's • In November 2022, signed a new €1.6bn Senior Facilities Agreement with a syndicate of international banks - The financing comprises (i) €441m TLA due 2027, (ii) €441m TLB due 2028, (iii) €300m RCF due 2027, and (iv) £380m multipurpose facility to be drawn as bank guarantees or term loan maturing in 2027 ● - Use of proceeds include (i) €380m refinancing of existing TLA and TLB, (ii) refinancing and upsizing of existing €243m RCF, (iii) refinancing of £380m eq. bank guarantee facility and term financing for up-front costs ahead of the start of the UK's Fourth National Licence, (iv) refinancing of up to €300m other indebtedness, (v) GCP including shareholder distributions and acquisitions 27 On 25 November 2022, the Group utilized €580m of TLA and TLB and refinanced existing bank guarantees under the new SFA. The proceeds were used for repayment of the current €380m TLA and TLB, payment of a dividend of €200m €280m of RCF is currently undrawn Margin on the debt is in line with the margin on the refinanced facilities - All existing lenders increased their commitments and 3 new lenders entered the bank syndicate - Covenants are calculated on a consolidated basis The liabilities under the Senior Facilities Agreement rank pari passu with the existing debt of Allwyn International a.s. and Allwyn Entertainment Financing (UK) plc under the existing intercreditor agreement After the quarter - OPAP - In October 2022, OPAP repaid €50m bank debt allwyn#2803 allwyn Concluding Remarks#29Key credit highlights 1) 29 1 2 3 4 5 6 Focus on the attractive lottery segment, characterised by resilient demand through economic cycles and COVID-19 pandemic, favourable ESG profile Leading multi-national lottery operator with significant scale, diversification across geographies, products and channels, strong growth track record, attractive online momentum and cross-sell potential to other gaming verticals Strong owned brands, largely exclusive long-term licences and well-established regulatory relationships cementing structural barriers to entry Operating in established and regulated gaming markets with stable regulatory regimes and well-established regulatory relationships Best-in-class management team, with a demonstrated track record of delivering strong organic and inorganic growth and cost efficiencies, with backing from a strong long-term shareholder Strong financial fundamentals underpinned by variable cost structure, high margins and highly cash generative business model with ~95% cash conversion¹ Defined as (Adjusted EBITDA less Capex) / Adjusted EBITDA. allwyn#3004 allwyn Disclaimer#31Alternative performance measures This presentation includes non-IFRS performance measures, including Net gaming revenue ("NGR"), Operating EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, Capex, Adjusted Free Cash Flow ("Adjusted FCF"), Cash conversion and pro rata financial information. For NGR, Operating EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, and Capex, please refer to Allwyn International's Preliminary Unaudited Financial Results and Update on Current Trading and Management's discussion and analysis of financial condition and results of operations dated 8 December 2022 that include definitions of these non-IFRS measures and reconciliations to the most directly comparable IFRS measures. Adjusted Free Cash Flow ("Adjusted FCF") and Cash conversion are defined in this presentation. Pro-rata ownership % indicates the effective economic interest of the Company in each entity as of the date of our most recent financial statements, which is assumed to have been held throughout the previous twelve months. As there are no generally accepted accounting principles governing the calculation of non-IFRS financial and operating measures, other companies may calculate such measures differently or may use such measures for different purposes than we do, and therefore you should exercise caution in comparing these measures as reported by us to such measures or other similar measures as reported by other companies. These measures may not be indicative of our historical operating results or financial condition, nor are such measures meant to be predictive of our future results or financial condition. Even though the non-IFRS financial measures are used by management to assess our financial position, financial results and liquidity and these types of measures are commonly used by investors, they have important limitations as analytical tools, and you should not consider them in isolation or as substitutes for analysis of our financial position or results of operations as reported under IFRS 31 allwyn#32Disclaimer This presentation was produced by Allwyn International a.s. This presentation is not to be reproduced or distributed, in whole or in part, by any person other than Allwyn International a.s. This presentation does not represent an offer for, or constitute or form part of, and should not be construed as, an advertisement, recommendation or an invitation to subscribe for or to purchase securities of, Allwyn International a.s. or its subsidiaries. This presentation does not form, and should not be construed as, the basis of any credit analysis or other evaluation, or as providing an investment or lending recommendation, advice or valuation or a due diligence review. The information contained in this presentation is for informational purposes only. This presentation may include forward looking statements regarding certain of our plans and our current goals, intentions, beliefs and expectations concerning, among other things, our future results of operations, financial condition, liquidity, prospects, growth, strategies and the industries in which we operate including, without limitation, our announced agreement to acquire Camelot UK Lotteries Limited and the Camelot Lottery Solutions group of companies and the pending litigation relating to the outcome of the UK National Lottery 4th Licence competition. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Generally, but not always, words such as "guidance," "may," "could," "should," "will," "expect," "intend," "estimate," "anticipate," "assume," "believe," "plan," "seek," "continue," "target," "goal," or their negative variations or similar expressions identify forward-looking statements. By their nature, forward- looking statements are inherently subject to risks and uncertainties because they relate to events and/or depend on circumstances that may or may not occur in the future. We caution you that forward-looking statements are not guarantees of future performance and that the actual results of operations, financial condition and liquidity and the development of the industries in which we operate may differ materially (positively or negatively) from those made in or suggested by the forward- looking statements contained in this presentation. In addition, our historical results or developments may not be indicative of results or developments in future periods. We do not undertake any obligation to review, update or confirm expectations or estimates contained herein or to release publicly any revisions to any forward-looking statements contained herein in order to reflect events that occur or circumstances that arise after the date of this document. No warranty or representation of any kind, express or implied, is or will be made in relation to, and to the fullest extent permissible by law, no responsibility or liability in contract, tort, or otherwise, is or will be accepted by us or any of our officers, employees, advisers or agents, or any other party, as to the accuracy, completeness or reasonableness of the information contained in this presentation, including any guidance, opinions, forecasts or projections. Nothing in this document shall be deemed to constitute such a representation or warranty. Any estimates and projections in this presentation were developed solely for our use at the time at which they were prepared and for limited purposes which may not meet the requirements or objectives of the recipient of this presentation. Nothing in this document should be considered to be a forecast of future profitability or financial position, and none of the information in the document is or is intended to be a profit forecast or profit estimate. We are not providing any advice herein (whether in relation to legal, tax or accounting issues or otherwise). You should seek legal, tax, accounting and any other necessary advice from your advisors in relation to the contents of this presentation. This presentation has not been approved by any regulatory authority and does not represent financial statements or an annual report within the meaning of applicable Czech law. allwyn 32