Summary of Organization of Football Prognostics S.A. Capital Markets Day Company Overview - **Company**: Organization of Football Prognostics S.A. (OTCPK:GOFP.Y) - **Event**: 2025 Capital Markets Day held on November 28, 2025 - **Key Speakers**: Jan Karas (CEO), Ken Morton (CFO), Karel Komárek (Founder), Kathleen Colemire (Board Member), Pavel Mucha (CFO of OPAP) Core Industry Insights - **Industry**: Lottery and Gaming Sector - **Market Dynamics**: The lottery and gaming industry is undergoing a transformation driven by evolving customer expectations, requiring personalization, social features, and seamless experiences [11][12][13] - **Technological Integration**: Emphasis on cutting-edge technology, including AI, to accelerate innovation and reduce time to market [11][12] Key Transaction Highlights - **Transaction with OPAP**: A transformational deal that positions OPAP shareholders to share in the growth of a global gaming leader while maintaining a minimum dividend of EUR 1 per share [12][13][15] - **Scale and Growth**: The combination will create the second-largest listed lottery and gaming operator globally by EBITDA, enhancing growth potential and cash flow resilience [16][17] Financial Performance - **EBITDA Growth**: Pro forma for announced acquisitions, the company generated EUR 1.9 billion of EBITDA in the 12 months to June 2025, with a compound annual growth rate (CAGR) of about 20% over the last six years [20][24] - **Cash Flow Generation**: The company has invested over EUR 2.5 billion in inorganic growth since 2019 while paying EUR 1.7 billion in dividends [26][27] Strategic Growth Initiatives - **Organic Growth Strategy**: Focus on enhancing customer offerings, driving digitalization, and expanding product portfolios [30][39] - **Inorganic Growth Strategy**: Targeted acquisitions to strengthen core operations and enter new markets, with recent acquisitions including PrizePicks and Novibet [41][42] Market Position and Expansion - **Geographic Footprint**: The transaction expands OPAP's footprint from a Cyprus-only operation to a global presence, including high-growth markets in the U.S., Brazil, and Latin America [17][19] - **Product Diversification**: The combined entity will offer a broader range of products, including daily fantasy sports through PrizePicks and enhanced iGaming capabilities [18][19] Future Outlook - **Vision for 2030**: Ambition to be the leading global gaming entertainment company with top positions across lottery, sports betting, and iGaming markets [50][51] - **Technological Advancements**: Continued investment in proprietary technology and content to enhance customer experiences and drive innovation [44][45] Additional Insights - **Responsible Gaming**: Commitment to high standards of play protection and corporate social responsibility as integral to sustainable growth [48][49] - **Community Contributions**: Active involvement in community initiatives, supporting various social causes [49] This summary encapsulates the key points discussed during the Organization of Football Prognostics S.A. Capital Markets Day, highlighting the company's strategic direction, financial performance, and future growth potential in the lottery and gaming industry.

Transaction Overview - Allwyn and OPAP are combining to unlock long-term value for OPAP shareholders, positioning them to benefit from industry trends and mitigate risks[22, 27] - The transaction aims to create the second largest listed lottery and gaming operator globally, with greater scale to seize opportunities[32] - The combined company is expected to have a pro forma LTM H1-25 Adjusted EBITDA of €1.9 billion, including PrizePicks and Novibet[28, 33] - The transaction is expected to be double-digit accretive in the first year post completion[28] Financial Highlights - Allwyn's pro forma Adjusted EBITDA margin is 37% of pro forma Net Revenue[50] - Allwyn's pro forma online NGR is 55%[50] - Allwyn has a strong track record of growth, with Net Revenue, Adjusted EBITDA, and Adjusted EBITDA – Capex all more than doubling since 2019[59] - Allwyn has distributed over €3.3 billion in capital to its and OPAP's shareholders since 2019[253] Growth Strategy - Allwyn has multiple organic and inorganic growth levers, including PrizePicks, IWG, and Betano[37] - Allwyn's medium-term growth will be driven by high-growth, market-leading assets, representing ~30% of pro forma LTM H1-25 Adjusted EBITDA[39] - The combined company will be highly diversified geographically and by product, with 57% of pro forma LTM H1-25 NGR from exclusive revenue[41]

Core Insights - The proposed combination of OPAP and Allwyn aims to create a stronger, more resilient, and innovative business in the gaming industry [3][4] - The transaction has been unanimously recommended by OPAP's Board of Directors, highlighting the strategic alignment of both companies [4] Company Overview - OPAP is the leading lottery, sports betting, and iGaming company in Greece [5] - Allwyn is characterized as a multinational innovator in the gaming sector, complementing OPAP's domestic strength [4] Strategic Rationale - The merger is positioned as a pivotal moment for both companies, aiming to reshape the future of the gaming industry [3] - The combination is expected to establish a global lottery and gaming champion by leveraging the strengths of both companies [4]

Transaction Overview - OPAP public shareholders are expected to have a 215% economic ownership in the combined company[36] - The transaction is conditional on the shareholders who validly exercise the exit right not representing more than 5% of OPAP's total paid-up share capital[36] - A €080 dividend is payable shortly after completion of the transaction, in lieu of the remaining dividend for the financial year 2025[36] Allwyn's Financial Performance - Allwyn has a €19 billion pro forma Adjusted EBITDA with a 37% pro forma Adjusted EBITDA margin[55] - Allwyn's pro forma online NGR is 55%[55] - Allwyn's Net Revenue, Adjusted EBITDA and Adjusted EBITDA – Capex have all more than doubled since 2019[64] Growth and Diversification - The combined company is projected to have a double-digit EBITDA CAGR from 2024 to 2026[105] - The combined company will have increased strategic optionality and diversified risk, with geographic revenue splits including 28% from Greece and Cyprus, 15% from Austria, 13% from the United Kingdom, 13% from the Czech Republic, 6% from Italy, 4% from the United States, and product revenue splits including 39% from Lottery, 19% from Sports Betting, 18% from iGaming, 10% from VLTs and Casinos, and 14% from DFS[115] Financial Guidance - The financial guidance includes the acquisition of 510% of Novibet in early 2026 and ~623% of PrizePicks in H1-26, for which closing is subject to regulatory and antitrust approvals[128] - The company projects a medium-term Adjusted EBITDA margin of slightly higher than 40%[130]

Core Viewpoint - Intralot S.A. has successfully acquired Bally's International Interactive, valuing the business at an enterprise value of €2.7 billion, which enhances Bally's liquidity and integrates it with Intralot's global operations [1]. Group 1: Acquisition Details - The acquisition of Bally's International Interactive by Intralot S.A. has been completed [1]. - The transaction values Bally's International Interactive at €2.7 billion [1]. - This acquisition is expected to unlock significant liquidity for Bally's Corporation [1]. Group 2: Strategic Implications - The integration of Bally's International Interactive with Intralot's global lottery and gaming operations positions Bally's for enhanced operational capabilities [1].