Brightstar Lottery Plc Trading Under The Legal Name To Begin At The Market Open On July 21, 2025. · NYSE:BRSL
Brightstar Lottery Plc Trading Under The Legal Name To Begin At The Market Open On July 21, 2025 — International Game Technology — Merger or Acquisition (February 2024)
17 slides from Brightstar Lottery Plc Trading Under The Legal Name To Begin At The Market Open On July 21, 2025's merger presentation, Feb 29, 2024
Slide 1: Creating a Comprehensive Global Gaming & FinTech Enterprise
Creating a Comprehensive Global Gaming & FinTech Enterprise February 29, 2024 1 GLOBAL GAMING / PLAYDIGITAL
Slide 2: No Offer or Solicitation
GLOBAL GAMING / PLAYDIGITAL No Offer or Solicitation This communication is for informational purposes only and is not intended to and does not constitute an offer to subscribe for, buy or sell, or the solicitation of an offer to subscribe for, buy or sell, or an invitation to subscribe for, buy or s
Slide 3: Today's Participants
GLOBAL GAMING / PLAYDIGITAL Today’s Participants 3 Fabio Celadon EVP Strategy & Corporate Development, IGT Max Chiara CFO, IGT Mark Labay CFO, Everi Randy Taylor President & CEO, Everi Vince Sadusky CEO, IGT
Slide 4: Unlocks Shareholder Value by Creating Two Best-in-Class Global Companies
GLOBAL GAMING / PLAYDIGITAL 4 Creates two pure play businesses with best-in-class management teams Facilitates more focused operating and capital allocation strategies and optimized capital structures for each business Allows each business to pursue enhanced organic and inorganic growth strategies A
Slide 5: Combined Company Overview
GLOBAL GAMING / PLAYDIGITAL Combined Company Overview • MergeCo to be named International Game Technology and trade as IGT on the NYSE • Headquarters to be in Las Vegas, Nevada Transaction Details • IGT PLC shareholders to receive 103.4 million Everi shares resulting in ~54% / ~46% IGT PLC / Everi s
Slide 6: Transformational Merger Creating a Comprehensive Global Gaming & FinTech Enterprise
GLOBAL GAMING / PLAYDIGITAL Transformational Merger Creating a Comprehensive Global Gaming & FinTech Enterprise 6 One-stop-shop Addressing all Aspects of Gaming Ecosystem Strong Balance Sheet & Substantial Cash Flow Generation Compelling Revenue & Accretive Adjusted EBITDA Growth Attractive Revenue
Slide 7: Attractive Scope Supported by Diverse, Primarily Recurring Revenue Streams
GLOBAL GAMING / PLAYDIGITAL Units Sold Revenue Breakdown by Segment 35,182 6,536 Total Installed Base Total Revenue Recurring Revenue Distribution (1) 51,786 / 30% Premium $1.8 billion 17,676 / 48% Premium $0.8 billion Attractive Scope Supported by Diverse, Primarily Recurring Revenue Streams Note:
Slide 8: Complementary Capabilities Create a One-stop-shop Addressing All Aspects of the Gaming Ecosystem
GLOBAL GAMING / PLAYDIGITAL Complementary Capabilities Create a One-stop-shop Addressing All Aspects of the Gaming Ecosystem 8 ATM Aggregation Platform Video Poker Core Video Video Lottery Terminals (VLT) Wide Area Progressives (WAP) Standalone Premium, Including Multi-Level Progressives (MLP) Manag
Slide 9: Combined Studio Network Enhances Game Development Capacity Across Categories
GLOBAL GAMING / PLAYDIGITAL Combined Studio Network Enhances Game Development Capacity Across Categories Enhanced Global Studio Footprint Popular Land-based Franchises Popular Digital Franchises Unique Ominchannel Offering 25+ game development studios worldwide 9
Slide 10: Enhanced Systems Capabilities with World-class FinTech Solutions
GLOBAL GAMING / PLAYDIGITAL Enhanced Systems Capabilities with World-class FinTech Solutions Financial Access Solutions Information Services Self-Service Kiosks Equipment Maintenance & Support Loyalty Security Suite RegTech/ Compliance Mobile Platform & Digital Wallet IGT SystemsEveri FinTech ATM Fi
Slide 11: Significant Synergies Enhance Revenue & Profit Growth Potential
GLOBAL GAMING / PLAYDIGITAL Accretive Adjusted EBITDA Growth +High-single digit Adjusted EBITDA CAGR through 2026 • $75 million of identified run-rate cost synergies • Supply chain and input cost optimization from larger scale • Streamlined operations • Identified real estate consolidation • Full ru
Slide 12: IGT PLC Post Transaction
IGT PLC Post Transaction
Slide 13: Establishing A Best-in-Class Pure Play Lottery Company
GLOBAL GAMING / PLAYDIGITAL 13 Establishing A Best-in-Class Pure Play Lottery Company Note: (1) Pro Forma Net Debt Leverage of ~2.5x expected at transaction close. Sources: Company data Pure Play Global Lottery Company Premier pure play lottery business with a diversified contract mix, broad global
Slide 14: Path Forward
GLOBAL GAMING / PLAYDIGITAL Path Forward Estimated transaction close in late 2024/early 2025 Regulatory approvals, including antitrust, foreign direct investment, gaming, and financial services license applications and approvals IGT PLC shareholder vote on distribution of SpinCo shares and Everi sha
Slide 15: Creating a Comprehensive Global Gaming & FinTech Enterprise
Creating a Comprehensive Global Gaming & FinTech Enterprise February 29, 2024 15 GLOBAL GAMING / PLAYDIGITAL
Slide 16: Appendix
16 Appendix CONFIDENTIAL
Slide 17: Pro Forma Structure
GLOBAL GAMING / PLAYDIGITAL Pro Forma Structure Transaction Steps Transaction executed through a series of steps: • IGT PLC spins off Global Gaming and PlayDigital businesses (“SpinCo”) • SpinCo equity distributed to IGT PLC shareholders • IGT PLC shareholders to receive one SpinCo unit for every IG
International Game Technology — Merger or Acquisition (February 2024) on 6ix