Flutter Investor Presentation Deck

Flutter International Italy: Europe's largest market with low online penetration rates Italian gambling market¹ (€bn) Italian online market¹ (€bn) 19.3 5.6 2.0 11.7 2019 10% 4.5 1.9 6.4 2020 ¹Market data source: ADM Sisal 21% +2% CAGR 6.3 2.2 6.9 2021 5.9 2.8 11.2 2022 Online penetration 19% 21.2 6.4 3.3 11.5 2023E 24% Significant growth tailwind considering c80% penetration in mature markets 21% ■ Gaming Betting 1.8 0.8 1.0 2019 17.5 5.5 1.3 10.7 2019 Lotteries +25% CAGR 1.1 1.5 2020 4.5 10.8 4.9 0.1 1.6 I I 2020 2.0 2021 Italian retail market¹ (€bn) -1% CAGR 6.2 0.6 1 4.9 2021 0.1 1.5 Covid impact 2.2 2022 5.8 1.3 9.0 2022 4.5 0.2 1.7 2.6 2023E 16.8 6.3 1.5 9.0 2023E II. 16

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