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FL Entertaiment SPAC

3 Growing, profitable businesses with complementary profiles B Banijay Scalable platform with extensive opportunities for further consolidation Strong M&A track-record with a mix of bolt-ons and transformative acquisitions Proven and resilient business model based on hard and unique assets (#1 content catalog in the world) Asset-light business model with a strong cash generation BetClic Everest Fastest-growing online betting platform in Europe GROUP Continuous double-digit organic growth over the past years ¹ Strong brand awareness and digital platform to be leveraged in new countries Stellar free cash flow² growth (~2.3x over 2019-21A) Betclic 1. Gross Gaming revenue 2. Defined as Adjusted EBITDA - Purchase of PP&E and of intangible assets - Total cash outflows for leases that are not recognised as rental expenses Bet 8
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