2020 Full Year Results

Entain plc Lenders Presentation 8 July 2021 Disclaimer NOT FOR PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION. These materials and accompanying presentation (the “Materials”) have been prepared by Entain PLC (“Entain”) and comprises the written materials/slides for a presentation and the accompanying presentation concerning Entain. By attending this presentation and/or reviewing the slides you agree to be bound by the following conditions. These Materials are being provided to you on a confidential basis. The release, presentation, publication or distribution of the Materials, in whole or in part, in certain jurisdictions may be restricted by law or regulation and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. 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This Disclaimer or any matter or dispute arising out of or in connection with it shall be governed by and construed in accordance with English law, and the English courts shall have exclusive jurisdiction in respect of any such matter. 2 Today’s Presenter Rob Wood Group CFO & Deputy CEO • 9 years with Entain • Group CFO since March 2019, previously UK Retail CFO for 6 years • Appointed Deputy CEO in March 2021 • Prior roles in Private Equity (Cerberus) and Restructuring advisory (Rothschild, KPMG) 3 Table of Contents Transaction Overview Business Overview Current Trading Update Appendix Opportunities to deliver significant stakeholder value 4 Section 1 Transaction Overview Transaction Overview . Entain PLC (“Company”) is a global online-led sports-betting and gaming group operating in high growth markets within a high growth sector . The company has delivered strong financial and operational performance against the backdrop of a challenging operating environment (H1’21 EBITDA guidance at £395-405m vs H1’20 EBITDA of £359m(1), resulting in a +11% increase using the mid-point of the guidance) ‒ This positive trajectory against the backdrop of the pandemic is expected to continue with FY2021 EBITDA guidance of £850-900m (vs. FY20 EBITDA at £843m) . On the back of this strong performance, the Company is looking to raise up to €300m of an incremental Jul-28 EUR TLB facility for liquidity and ongoing corporate development ‒ The new EUR tranche will be borrowed by Entain Holdings (Gibraltar) Limited, will rank pari passu with the existing term loans and form part of a new facility agreement together with a recently signed new £590m RCF that refinances the company’s existing RCF . Additionally, Entain is looking to refinance its existing $774m USD tranche with a new USD tranche with a maturity of Mar-27 ‒ The new USD tranche will be borrowed by Entain Holdings (Gibraltar) Limited and GVC Finance LLC, will rank pari passu with the existing term loans and form part of the same new facility as the new RCF and new EUR TLB . Leverage will remain neutral at 2.4x based on Jun-21 LTM EBITDA (post IFRS-16) of £884m(2) following the transaction . We are seeking commitments by 16th July with allocations to follow shortly thereafter Note: (1) Adjusted

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