Allwyn SPAC slide image

Allwyn SPAC

Allwyn at a glance - Leading lottery operator... 12345 1) 2) 8 3) 4) Leadership 5) Scale Financial strength (Pro Rata)5 Diversified business (Pro Rata)5 #1 lottery operator across 5 markets¹ iGaming8 Sports betting €16bn LTM Q2-21A wagers² €1,482mm 2022E net gaming revenue (+15% 18A-22E CAGR) Split by product7 VLT and casinos X Source: Company information, Management estimates (subject to material change) Based on market data sourced from H2GC Calculated as the aggregate wagers for Allwyn's key operating entities on a 100% basis (SAZKA a.s., OPAP, CASAG, Lottoitalia) Adult population playing lottery in Austria (84%), Czech Republic (73%), Greece (56%), Italy (34%), as of 2019 Population of Austria, Cyprus, Czech Republic, Greece and Italy, as of 2020 8% 7% 9% LTM Q2-21A 76% Lottery Austria Up to 84% surveyed adult population play lottery¹, 3 €710mm 2022E adj. EBITDA (48% margin) Split by geography7 34% Czech Republic Financial forecasts are based on latest management estimates (subject to material change); figures are presented pro rata for Allwyn's economic interest in group operating companies LTM Q2-21A 20% 6) 7) 8) 9) 29% 16% hosse Greece and Cyprus Italy 91mm population in Allwyn's operating markets ¹,4 €675mm 2022E adj. EBITDA - capex (95% cash conversion) Online share (Q2-21A)7 27% 39% 27% Selected new markets being targeted iGaming includes online casino, online slots, online poker, online bingo and other online only; online sales of products which are also sold through physical retail channel included under respective product Includes gross wagers for State Lottery lottery-style games only (i.e. excludes VLTS /sportsbetting / offshore lottery) USA €88bn 2022E lottery wagers ¹,⁹ 9 Cash conversion calculated as (Adj. EBITDA - capex) / Adj. EBITDA; capex = acquisition of property, plant and equipment and intangible assets Split based on pro rata gross gaming revenue ("GGR"); amount wagered x payout used as proxy for GGR for Lottoitalia; Lottoitalia's revenue consists of revenue from contract with customers, calculated as 6% of amount wagered 330mm Total population¹ UK €9bn 2022E lottery wagers ¹,9 67mm Total population¹ allwyn
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