Allwyn SPAC

Summary of investment opportunity ✔ Leading lottery led entertainment platform ✔✔Scaled business that is expected to generate $810mm / €710mm of 2022E EBITDA¹ with 95% cash conversion² ✔ High operating barriers to entry ✔ Positioned to capitalize from continued shift to digital Attractive organic and inorganic growth opportunities with expected significant available balance sheet capacity Potential for substantial upside from UK / US opportunity beyond the plan ✔ Opportunities to invest at compelling transaction value relative to industry comps ✔ Expected bonus pools for non-redeeming Cohn Robbins shareholders, with potential for combined incremental 6.6mm common shares to be issued further reducing entry price³ Note: EUR:USD spot rate of 1.14 applied, sourced from Capital IQ as of 7-Jan-22 Note: All financials calendarized to Dec-YE 40 1) 2) 3) 29 24 TH 34 47 JA S Scratch Lot SSS Scratch Lo 34 online LOTTERY Based on management estimates (subject to material change) Calculated as (Adj. EBITDA - capex) / Adj. EBITDA Includes impact from expected bonus pools for non-redeeming Cohn Robbins shareholders and PIPE shareholders, with potential for combined incremental 9.4mm common shares to be issued. Bonus pool for PIPE and non-redeeming shareholders is variable based on number of redemptions. Shares underlying CRHC warrants expected to be adjusted by the same ratio click allwyn

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