Allwyn Investor Conference Presentation Deck
Alternative performance measures
This presentation includes non-IFRS performance measures, including Net gaming revenue ("NGR"), Operating EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, Capex,
Adjusted Free Cash Flow ("Adjusted FCF"), Cash conversion and pro rata financial information.
For NGR, Operating EBITDA, Adjusted EBITDA, Adjusted EBITDA margin, and Capex, please refer to Allwyn International's Preliminary Unaudited Financial Results and
Update on Current Trading and Management's discussion and analysis of financial condition and results of operations dated 8 December 2022 that include definitions
of these non-IFRS measures and reconciliations to the most directly comparable IFRS measures.
Adjusted Free Cash Flow ("Adjusted FCF") and Cash conversion are defined in this presentation.
Pro-rata ownership % indicates the effective economic interest of the Company in each entity as of the date of our most recent financial statements, which is assumed
to have been held throughout the previous twelve months.
As there are no generally accepted accounting principles governing the calculation of non-IFRS financial and operating measures, other companies may calculate
such measures differently or may use such measures for different purposes than we do, and therefore you should exercise caution in comparing these measures as
reported by us to such measures or other similar measures as reported by other companies. These measures may not be indicative of our historical operating results or
financial condition, nor are such measures meant to be predictive of our future results or financial condition. Even though the non-IFRS financial measures are used by
management to assess our financial position, financial results and liquidity and these types of measures are commonly used by investors, they have important
limitations as analytical tools, and you should not consider them in isolation or as substitutes for analysis of our financial position or results of operations as reported
under IFRS
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