Allwyn Investor Update

Highly flexible cost base with majority of expenses linked to revenue More than 90% operating expenses linked to revenue / discretionary in short to medium term Split of operating expenses on a consolidated basis (PF LTM 30 June 2023)¹ 29 Gaming taxes Agents' commissions Materials, consumables and services Marketing services Personnel expenses Other operating expenses Variable/discretionary costs 1) Pro forma for Camelot Acquisitions. 12% 11% 5% 7% 1% 11 1 I I I I I I 1 I I I I I I I 63% ● ● Substantial portion of cost base is variable All/ majority of lottery and gaming related taxes, agents' commissions and materials, and consumables and services are directly linked to revenues Substantial portion of marketing expenses is discretionary in the short to medium term allwyn

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