Allwyn Investor Update
Summary of adjustments to EBITDA
Operating EBITDA
Austria
Czech Republic
Greece and Cyprus
United Kingdom²
Allwyn LS Group
Corporate²
Adjustments to Operating EBITDA
Austria
Czech Republic
Greece and Cyprus
United Kingdom
Allwyn LS Group
Corporate
Adjusted EBITDA
Austria
Czech Republic
Greece and Cyprus
United Kingdom
Allwyn LS Group
Corporate
32
Standalone, 100% (€m)¹
I
I
1
I
I
2019
211
95
413
11 1 - 11 2
211
95
413
2020
(27) (30)
(17)
147
84
260
1
66
1
1
15
(4) (21)
143
82
326
2021
(15)
232
107
555
(14)
4
23
1
1
7
211
111
578
1
(7)
2022
266
120
726
G
5
3
(43) (19)
1
1
36
261
120
730
Q1'23
66
(8)
36
197
26
¦ ¦
(3)
18
6
18
66
32
197
45
9
(1)
Q2'23
67
34
178
50
8
(25)
(3)
2
1
25
67
31
180
50
8
0
I
i Argentina arbitration gain
I
I Other
I
Total Austria adjustments
I
I
I
I
I
I
I
I
I
Hellenic Lotteries minimum gaming tax adjustment
Litigation provision
i COVID-19 related extraordinary costs
I
Other non-recurring costs and write-offs
!Total Greece and Cyprus adjustments
I
Casino Linz insurance gain + restructuring non-personnel costs
EBITDA Adjustments Breakdown³
I
I
! Restructuring
I Change in accounting principles
Litigation settlement income
Total United Kingdom adjustments
I
Gain from cancellation of obligation to acquire entity
Charitable donations and other
I
I
L
Penalty income
Change in accounting principles
Total Czech Republic adjustments
Expenses related to license bid and transaction costs
I
UK National Lottery transition costs
Business development and financing
Arbitration gain
!Total Corporate adjustments
Transaction costs
Total Allwyn LS Group adjustments
All entities shown on 100% basis; all of Q1 2023 shown for United Kingdom and Allwyn LS Group (formerly Camelot LS Group)
Activities related to the next UK National Lottery license, which will commence in February 2024 and will be operated by the Company's subsidiary Allwyn UK, are currently reported as part of the Corporate segment.
See additional disclosure relating to EBITDA adjustments in Allwyn International Q2 2023 Preliminary Unaudited Results and Update on Current Trading
2019
111|11||||||@1 |- |||||||||
(16)
17
1
10
10
2020
2021
(4) (1)
(16)
(4)
(4) (21)
||| ||||||||||
(2)
(2)
38
66
1 1
15
15
4
4
25
(1)
(4)
3
23
20
(13)
7
2022
GO
(5)
| | | | | | -
(1)
1
21
14
36
Q1'23
1 1 1 1 1 1 1 1
(1)
(3)
7
4
8
!
18
6
6
18
18
Q2'23
(3)
2
1
--
2
1
1 1 11
25
0
25
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