DraftKings SPAC Presentation Deck

New Jersey Expected to Achieve 38% Contribution Margin (% of Net Revenue) 100% Net Revenue ILLUSTRATIVE NEW JERSEY UNIT ECONOMICS (EXPECTED YEAR 5) (18)% Taxes Note: Figures may not foot due to rounding and are displayed as percentage of net revenue. (15)% Platform (10)% Processing (7)% Revenue Share By Year 5, marketing spend rationalizes, allowing for 38% contribution margin 50% Gross Margin (13)% External Marketing 38% Contribution Margin | 43

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