Inspired Entertainment, Inc. · NASDAQ:INSE

Inspired Entertainment — Q3 2026 Earnings Presentation

20 slides from Inspired Entertainment's earnings presentation, Nov 5, 2026

  1. Slide 1: Third Quarter 2026 Earnings

    Third Quarter 2026 Earnings , = NOVEMBER 5, 2026 { N S P| R E D) WINNING ENTERTAINMENT

  2. Slide 2: Safe Harbor / Non-GAAP Financial Disclosures

    Safe Harbor / Non-GAAP Financial Disclosures Forward-Looking Statements This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding our busines

  3. Slide 3: Agenda

    Agenda Agenda @ Opening remarks @) 3Q 2026 performance Outlook 4 v INSPIRED

  4. Slide 4: Stronger Foundation to Manage Regulatory Change & Pursue Growth

    Opening remarks | g remar! Stronger Foundation to Manage Regulatory Change & Pursue Growth Underlying fundamentals strong post-transformation DIVESTED & > > PROJECTED NET Mey = MORE FLEXIBLE & RESTRUCTURED RECORD MARGINS LEVERAGE TO ~2.5x¢ NIMBLE THREE MONTHS ENDED SEPTEMBER 30, 2026 $61m $28m 46% =

  5. Slide 5: 12% Underlying Adjusted EBITDA Growth Despite Headwinds

    Opening remarks 12% Underlying Adjusted EBITDA Growth Despite Headwinds ~15% growth on an annualized basis, demonstrating strength of underlying business $in millions $120 12% Y Core growth offset the combined _ impact of the holiday parks Underlying growth divestiture, higher UK gaming tax and Braz

  6. Slide 6: 3Q 2026 Key Takeaways

    22026 3Q 2026 Key Takeaways Record margins and underlying growth; UK Interactive volumes offsetting tax increase UZ GROWTH (aoa MARGIN EXPANSION Ss CASH & BALANCE SHEET QF OUTLOOK 4 Updating FY26 Adjusted YoY LFL Revenue! +4% $17.6m free cash flow’ YTD Adjusted EBITDA margin? eames YoY LFL Revenue e

  7. Slide 7: Adjusted EBITDA Margin Reached 46%, Up 900bps Year-over-Year

    22026 Adjusted EBITDA Margin Reached 46%, Up 900bps Year-over-Year Divestments, cost reset and digital mix shift lifted margin 1,100 basis points since 2Q25 ADJUSTED EBITDA MARGIN? KEY DRIVERS 45% 46% v Portfolio rationalization (divested low margin business) 42% Y Structural cost reset 41% +900bps

  8. Slide 8: Retail Solutions Delivering Double-Digit Performance Growth

    222 Retail Solutions Delivering Double-Digit Performance Growth Strong cashbox performance demonstrates power of Inspired’s offering 3Q 2026 RETAIL SOLUTIONS PERFORMANCE METRICS William Hill betting shop Greece betting shop Illinois net terminal income? Gross win/unit/day Gross win/unit/day ABOVE +1

  9. Slide 9: Strong Interactive Growth Masked by Higher UK Gaming Taxes

    Strong Interactive Growth Masked by Higher UK Gaming Taxes Adjusted EBITDA grew 20% year-over-year before the impact of higher UK gaming taxes INTERACTIVE ADJUSTED EBITDA? YoY PERFORMANCE v Broad-based growth: Continued expansion 20% Growth across North America, the UK and Greece, with Before UK Tax

  10. Slide 10: Interactive Growth Accelerating into 4Q, Consistent with Trend

    8 2 Interactive Growth Accelerating into 4Q, Consistent with Trend Continued market share gains despite broader U.S. iGaming softness in 3Q INTERACTIVE PLAYS? CONSISTENT TRAJECTORY, SHARE GAINS 2026 Y Consistent seasonal pattern: Interactive Plays have followed a trajectory broadly in line with prio

  11. Slide 11: Proprietary Content Rolling Out in Coming Months

    222 Proprietary Content Rolling Out in Coming Months Seasonal releases across Interactive and Retail, plus new Virtuals content Virtuals REAL PLAY

  12. Slide 12: Transformation and Non-UK Growth Reducing UK Concentration

    222 Transformation and Non-UK Growth Reducing UK Concentration Non-UK markets now contribute 41% of revenue, up from 22% in 2023 4.8% 2 2. 40.7% 7.2% 14.0% e (0) 8.9% 11.0% Non-UK share of revenue YTD 2026, up from 22.3% in 2023 ides ed 59.3% + 1 5 p p Increase in North America + All Other Markets'

  13. Slide 13: Growth Pipeline Extends Beyond UK and Brazil

    Growth Pipeline Extends Beyond UK and Brazil Extensive digital content, gaming machine and lottery opportunities in the next two years DIGITAL RETAIL SOLUTIONS LOTTERY North American iGamin i e Chicago North American iLottery Potential for new states & tribal VGT market opportunity . . markets Virtu

  14. Slide 14: Building a Stronger, More Resilient Inspired

    Building a Stronger, More Resilient Inspired Continued progress on our key financial and strategic priorities STRONGER FUNDAMENTALS aa GREATER RESILIENCE > = ( Shy) =| o | Recurring revenue under long-term Higher Adjusted Stronger Lower Pipeline of growth contracts EBITDA margins cash flow leverage

  15. Slide 15: Regulatory Impacts Mask Continued Progress Toward Objectives

    a 2 Regulatory Impacts Mask Continued Progress Toward Objectives Strong underlying growth and profitability offset tax increases and Brazil uncertainty eae » ig Low-single-digit growth Adjusted EBITDA? $111m $109m -$112m assuming Brazil remains shut down Adjusted EBITDA margin? 37% Up to 45% 45% + C

  16. Slide 16: Ample Covenant Headroom Despite Regulatory Developments

    a 2 Ample Covenant Headroom Despite Regulatory Developments Significant financial flexibility under adverse UK and Brazil regulatory scenarios Current senior secured net leverage ratio remains well below the covenant limit Covenant limit? 5.0x ails Cd (4.75x from June 2027) S46+ million 3Q 2026 actu

  17. Slide 17: Appendix

    Appendix , = INSPIRED WINNING ENTERTAINMENT

  18. Slide 18: Non-GAAP Reconciliation: 3Q 2026 Adjusted EBITDA by Segment

    Non-GAAP Reconciliation: 3Q 2026 Adjusted EBITDA by Segment Retail ‘Virtual Solutions Sports Interactive Corporate Total Net income (loss) 395.5 35 $ aS (20.9) $ (CD) Items Relating to Legacy Activities: Pension charges — _ — 03 03 Items outside the normal course of business: Costs of group restruct

  19. Slide 19: Non-GAAP Reconciliation: 3Q 2025 Adjusted EBITDA by Segment

    Non-GAAP Reconciliation: 3Q 2025 Adjusted EBITDA by Segment Retail Virtual Solutions Sports __ Interactive Corporate Total Net income (loss) $ 62 $ 49 $ 86 6$ (21.6) $ (1.9) Items Relating to Legacy Act 5 Pension charges Ss = = 03 03 Items outside the normal course of business: Costs of group restru

  20. Slide 20: Non-GAAP Reconciliation: FY 2025 Adjusted EBITDA by Segment

    Appendix | Non-GAAP Reconciliation: FY 2025 Adjusted EBITDA by Segment Virtual Gaming _Sports Interactive _Leisure___ Corporate Total Net income (oss) $276 $ 186 $ 3478 Ll $ (99.0)$ (17.0) Items Relating to Legacy Activities: Pension charges = = = = 10 10 Items outside the normal cou Costs of group

Inspired Entertainment — Q3 2026 Earnings Presentation on 6ix