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Allwyn SPAC

Allwyn Selected Preferred Applicant for UK National Lottery License Tender in March 2022¹ UK National Lottery Overview² State-licensed national lottery; established in the UK in 1994 ● • Extensive retail network; ~44k retailers represent ~70% of sales Europe's largest online lottery by sales; › 7.5m active registered players ~94% of the UK population live or work within 1 mile of a National Lottery Terminal Online ticket sales accounted for almost a third of all ticket sales in FY20 ● ● Currently operated by Camelot UK Lotteries; license was granted in 1994, 2001, and 2007 55 28 Aug 2020 4th National Lottery license competition was launched Allwyn UK Operations and Partnerships allwyn • Team of UK and international experts with considerable experience in the UK's retail, gaming, digital and entertainment sectors 19 Oct 2020 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 26 Oct 2020 Invitation to Apply issued to all applicants who passed initial Selection Questionnaire Connectivity Partner License Competition Milestones The Gambling Commission, as the regulator of the National Lottery, issues the license to operate the lottery O vodafone business Source: Company information, UK Gambling Commission 1) The award of the UKNL license is currently being contested in a legal challenge. Unless the challenge is successful, Allwyn Entertainment Ltd will be confirmed as the incoming UKNL operator and, subject to a successful period of transition, would become the operator of the UKNL with effect from February 2024 Based on Camelot disclosure as per FY2020A public financial reporting 2) 15 Mar 2022 Allwyn announced as the Preferred Applicant for the Fourth National Lottery license Infrastructure / Technology Partner • Global leader in lottery games, sports betting and technology The award of the license is currently being contested in legal proceedings. Upon the Gambling Commission making the Award Notification, it is expected to enter into legal arrangements with the preferred bidder to start transition period SG SCIENTIFIC GAMESⓇ February 2024 Expected start date for Fourth National Lottery license which will last 10 years 3 allwyn
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