Investor Presentaiton

Mexico Case Study: Unit Economics and Path to Targeted Contribution Unit Economics and Return on Marketing Investment (2020 Cohort)(1) Illustrative Path to Targeted Net Gaming Revenue & Contribution NGR / Gross Profit (2020 Cohort) Targeted NGR Payback: Month 9 Targeted Gross Profit Payback: Month 19 ~2.5x LTV/CPA (2) >6x Revenue Expansion ~4x LTV/CPA (2) M1 M6 M11 M16 M21 M26 M31 M36 2020A Targeted NGR Gross Profit CPA (Targeted) ■Net Gaming Revenue EBITDA C www DD3 Acquisition Corp. II Note: Mexico Effective Gaming Tax Rate: 22.5% -20% EBITDA Margin Commentary In Mexico, we plan to invest heavily in traditional media aiming to not only acquire customers but also accelerate brand building and drive long- term market share growth, while still maintaining attractive return on marketing investment and CPA payback periods Note: Gross profit represents NGR less variable expenses (gaming taxes, payment processing, and other third party services). (1) Based on actual cohort data through March 2021, and management estimates thereafter; CPA includes legacy affiliate program cost. (2) LTV based on five-year player spend. 33

View entire presentation