DraftKings Results Presentation Deck slide image

DraftKings Results Presentation Deck

DraftKings Share Count Detail Share Count as of March 31, 2023 Thousands Common Shares Outstanding (31-March-23) Vested Stock Options @ TSM(1) Memo: Vested Stock Options Diluted Shares Outstanding (With Vested Stock Options @ TSM) DEAC Private Placement Warrants (²) GNOG Private Placement Warrants (³) Fully Diluted Shares Outstanding Table is not reflective of GAAP diluted share count given GAAP diluted share count includes unvested restricted stock units and out-of-the-money shares underlying DraftKings' convertible notes. Table does not include shares of Class B common stock, which have no economic or participating rights. (1) Based on Treasury Stock Method ("TSM"); assumes DraftKings Class A share price as of 3-May-2023 and strike price of $5.19 per stock option. (2) Based on TSM; assumes DraftKings Class A share price as of 3-May-2023 and strike price of $11.50 per warrant. (3) Based on TSM; assumes DraftKings Class A share price as of 3-May-2023. Strike price of $31.50 per warrant is above the current share price of DraftKings Class A common stock, so the dilutive effect is 0. 461,634 17,284 25,842 478,918 766 479,684 | 14
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