Codere SPAC Presentation Deck

Transaction Overview Key Transaction Terms ▪ DD3 Acquisition Corp. II (Nasdaq: DDMX, “DD3") has entered into a definitive agreement to combine with Codere Online ■ Alongside DD3's $125mm cash in trust(¹), a PIPE commitment of $67mm has been secured, provided by Baron Funds, MG Capital, LarrainVial and DD3 Capital Partners Existing Codere Online management to continue operating the business and Codere Group to maintain majority ownership post-transaction ▪ Proceeds to be used to fund marketing expenditure, technology platform improvements and new market entry costs Pro Forma Valuation (¹) ($MM) Revenue Post-Money TEV / Revenue Price Per Share (x) Pro Forma Shares Outstanding Post-Money Equity Value (+) Debt (-) Cash Post-Money TEV (1) Assumes no redemptions. (2) Does not reflect beneficial ownership. 2022E $152 2.3x $10.00 49.7 $497 (144) $353 2023E $203 1.7x Sources and Uses(¹) ($MM) Sources SPAC Cash in Trust Sellers' Rollover Equity PIPE Total Sources (in millions) Codere Group Public Shares PIPE Shares Founder Shares / Private Shares $125 Total Shares 270 67 $462 Uses Pro Forma Post Money Ownership(¹)(2) Cash to Balance Sheet Sellers' Rollover Equity Cash to Codere Group Transaction Fees Total Uses Shares 27.0 12.5 6.7 3.5 49.7 13.5% 25.1% 7.0% с DD 3 Acquisition Corp. II $144 270 30 18 $462 54.3% 7

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