DraftKings Results Presentation Deck slide image

DraftKings Results Presentation Deck

DKNG SHARE COUNT BUILD (Shares in thousands) Total Capitalization Common Shares Outstanding (As of 30-Sep-20) Primary Equity Offering Vested LTIP RSUS Memo: Vested LTIP (As of 11-Nov-20) Memo: LTIP Net Settle for Taxes Vested Time Based RSUS (30-Sep-20 to 11-Nov-20) Exercised Stock Options (30-Sep-20 to 11-Nov-20) Common Shares Outstanding (11-Nov-20) Vested Stock Options @ TSM(¹) Memo: Vested Stock Options Memo: Vested Stock Options (As of 30-Sep-20) Memo: Exercised Stock Options (Included in Common Shares) Diluted Shares Outstanding (With Vested Stock Options @ TSM) DEAC Private Placement Warrants (²) Old DraftKings Private Warrants (³) Fully Diluted Shares Outstanding (With Vested Stock Options @ TSM) Note: Table does not include Class B shares, which have no economic or participating rights. (1) Based on Treasury Stock Method ("TSM"); assumes DKNG share price as of 11-November-2020 and strike price of $2.80 per share. Excludes options that are now common shares. Based on TSM; assumes DKNG share price as of 11-November-2020 and strike price of $11.50 per warrant. (2) (3) Based on TSM; assumes DKNG share price as of 11-November-2020 and strike price of $0.03 per warrant. 357,347 20,800 8,807 15,554 (6,747) 14 4,746 391,714 32,234 34,558 39,304 (4,746) 423,948 1,338 121 425,407 | 13
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