Flutter Results Presentation Deck

US: New states expected to be contribution positive sooner Indicative monthly contribution by month post state launch, $ Previous guidance Positive in-month contribution $0 Negative In-month contribution Months post launch 0 6 12 18 Flutter 24 Updated view 30 0 6 Indicative in-month contribution per previous guidance 12 18 24 30 Indicative in-month contribution per updated view Previously guided (March 2019) expect NJ sportsbook to generate positive contributions 18-30 months post launch Now expect states to be contribution positive within 12-24 months post launch¹: - Higher levels of customer acquisition aided by faster adoption of sports betting Better customer retention Product advantages driving higher sports margin Larger upfront losses from customer acquisition investment ¹ Excludes high tax states such as New York 24

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