Allwyn SPAC

UK National Lottery License Tender overview In March 2022, Allwyn was selected as the Preferred Applicant for the UK National Lottery license tender UK National Lottery Overview¹1 • The National Lottery is the state-licensed national lottery that was established in the UK in 1994 ● • Extensive retail network of nearly 44k retailers, accounting for nearly 70% of sales Europe's largest online lottery in terms of sales with over 7.5m active registered players • ~94% of the UK population live or work within 1 mile of a National Lottery Terminal • The National Lottery logo is recognizable to 95% of the UK adult population Physical retail remains the predominant sales channel however online ticket sales have grown strongly in recent years and accounted for almost a third of all ticket sales in FY20 ● ● License Competition Milestones • The Gambling Commission, as the regulator of the National Lottery, issues the license to operate the lottery ● August 28th, 2020, Fourth National Lottery license competition was launched • October 26th, 2020, Invitation to Apply (ITA) issued to all applicants who passed the initial Selection Questionnaire Currently operated by Camelot UK Lotteries, to which the licence was granted in 1994, 2001, and 2007 ● ● • March 15th, 2022, Allwyn announced as the Preferred Applicant for the Fourth National Lottery license 22 October 19th, 2021, final applications submitted by 4 groups: Camelot, Allwyn, Sisal, and The New Lottery Company; which is the largest number of applicants since the lottery's founding Following a legal standstill period, the Gambling Commission will make the Award Notification and enter into legal arrangements with the preferred bidder to start transition period February 2024, expected start date for Fourth National Lottery license which will last 10 years Source: Company information, UK Gambling Commission 1) Based on Camelot disclosure as per FY2020A public financial reporting ● Allwyn UK led by senior team with experience of delivering successful national programs Allwyn UK management ● Justin King, Advisor Former CEO Sainsbury's, senior management at ASDA and M&S, current non-executive director on M&S board; at Sainsbury's, produced 36 consecutive quarters of sales growth David Craven, UK Allwyn CEO Managing Director, The Tote; CEO, World Gaming; co-founder of digital media firm UPC/Chello. Sir Keith Mills, Bid Chair Founder of Air Miles & Nectar programs; Intl. President, CEO of London 2012 Olympic and Paralympic Games bid; Deputy Chairman of LOCOG Alastair Ruxton, Director Part of London 2012 Olympics bid team and Organizing Committee; COO at Falcon & Assoc Allwyn UK Operations and Partnerships Allwyn's operations in the UK Giselle Pettyfer, Corporate Affairs & Partnerships Director Director of Communications for the International Olympic Committee; Formula One Head of Communications for Jordan; CEO of Falcon & Assoc. Allwyn UK is led by a team of UK and international experts with considerable experience in the UK's retail, gaming, digital and entertainment sectors allwyn Powering good Partnership with Vodafone • Allwyn has selected Vodafone as the connectivity partner for its bid * O vodafone business Partnership with Scientific Games • Allwyn has selected Scientific Games as a partner for its bid SG SCIENTIFIC GAMES allwyn

View entire presentation