Flutter Results Presentation Deck slide image

Flutter Results Presentation Deck

Financial Review Existing state growth and new state launches combine to drive long term growth I I I 1 I I I Sustainable revenue growth + margin benefits 1 Existing business Significant market growth projected in existing live states This growth will drive operating leverage benefits for FanDuel 1 1 I I 1 + Future state launches Timing of new state launches are a key, but uncontrollable, variable to forecasting near-term profitability Upfront customer acquisition investment alters margin profile of overall business I 1 I I 1 I I 1 1 I I Total US division Confidence remains in 25% - 30% EBITDA margin in 2030 F II. 12
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