DraftKings Results Presentation Deck

Non-GAAP Adjusted Earnings per Share Build Adjusted Earnings per Share Build: Three Months Ended December 31, 2022 Dollars $(0.54) GAAP Reported EPS $0.29 Stock Based Compensation $0.03 $0.07 Other Non-GAAP Adj.¹) Amort. of acq. intangibles (1) Note: Weighted average number of shares used to calculate Adjusted EPS for Q4 2022 was 449mm; totals may not sum due to rounding. (1) Other Non-GAAP Adj. primarily includes advocacy and other related legal expenses. $0.02 Adj. to Discrete Tax Benefit $(0.14) Adjusted EPS | 15

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