Investor Presentaiton

$1 Billion+ Revenue Opportunity With Potential Expansion Into High Growth LatAm Markets Codere Online Illustrative Path to Potential Net Gaming Revenue (1) ($MM) 2020-2023 CAGR: +34% (Core Markets Only) -$600 ~$400 $203 (2) $27 $54 $71 $85 $99 $152 -$200 2017A 2018A 2019A 2020A 2021E 2022E 2023E Growth in Core Markets 2027E Expansion Market Entry (Assumes 30% Share)" (3) Spain Mexico Colombia Panama Italy City of Buenos Aires Net Gaming Revenue Distribution by Country in Core Markets ($MM) 2021E 2027E 5% 33% (2) $99 61% 7% 8% 32% 5% 11% ~$400 37% III C wwwww DD3 Acquisition Corp. II ~$1bn+ Illustrative Potential Net Gaming Revenue (1) (2) For historical periods, EUR converted to USD at average exchange rate in each period. For projection periods, exchange rates based on management forecasts in each period. Assumes redemptions by public shareholders are no greater than 50%, redemption of up to $30mm of Codere Online shares owned by Codere Group, and expenses of up to $18mm in connection with the transaction. Reflects midpoint of 2021 revenue outlook ($97mm - $103mm). (3) Expansion markets include Brazil, Chile, Peru, Puerto Rico, Uruguay, and Argentina excl. City of Buenos Aires. Excludes unregulated revenue. Expansion market sizing based on illustrative extrapolation methodology - please refer to Appendix for additional detail. 15

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