Allwyn Investor Conference Presentation Deck

Variable cost structure with over 85% operating expenses linked to revenue 22 ● 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 Source: Company information Group split of operating expenses on a consolidated basis LTM Q3'22 (€m) Gaming taxes Agents commissions Materials, consumables and services Marketing services Personnel expenses Other operating expenses Variable or discretionary costs 7% 17% 11% 229 512 344 17% 513 81 3% >85% variable costs 1415 46% allwyn

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