Evoke Plc · LSE:EVOK

Evoke — FY2022 Earnings Presentation

16 slides from Evoke's earnings presentation, Apr 14, 2023

  1. Slide 1: FY2022 Results Presentation

    888 FY2O22 RESULTS DRE S ENTATION 14 APRIL 2023 HOLDINGS

  2. Slide 2: Board Priorities

    BOARD PRIORITIES We have clear priorities and plans to strengthen the business and enable it to deliver on its potential TEAM Appointment of strong executive directors while supporting wider management team in delivering plans in place Pw ESG Our ambition is to be one of the most trusted operators i

  3. Slide 3: Compliance Update

    COMPLIANCE UPDATE yy) cers Investigation complete into Middle East VIP suspensions; remedied failings, "°°" with robust policies and procedures in place; no further impacts expected Enhancing sustainability through compliance action e Compliance and safer gambling is a critical Board priority e Sign

  4. Slide 4: Reported to Pro Forma Results Bridge

    REPORTED TO PRO FORMA RESULTS BRIDGE tee To improve clarity around the underlying trends, pro forma numbers “ren include the results of William Hill pre acquisition, and exclude bingo Reported to pro forma! Revenue bridge (£m) Reported to pro forma! Adjusted EBITDA bridge (£m) 630.9 1,850.1 94.4 310

  5. Slide 5: FY2022 Financial Results - Pro Forma

    FY2022 FINANCIAL RESULTS - PRO FORMA tee We saw strong growth in the retail business as it lapped prior year “ren closures, offset by online headwinds, notably UK safer gambling measures a Ee ° Lapping tough comparators with lockdown driven online migration across major markets UK&l 1,236.3 1,235.6

  6. Slide 6: Financial Focus Areas

    FINANCIAL FOCUS AREAS te} mOpex Capex ; ; ; lel HOLDINGS We have clear plans to improve financial performance through realising synergies, improving EBITDA margin and prioritising deleveraging SYNERGIES EBITDA MARGIN DELEVERAGING e Accelerated synergy delivery and e Improved margin, and expect >20%

  7. Slide 7: Q1 2023 Trading Update

    Q1 2023 TRADING UPDATE th}? Q1 revenue of £446m with good underlying volumes offset by UK safer “ren gambling impacts and suspension of Middle East VIPs Q1 2023 Trading Update FY23 Guidance 312 -2% 304 1% driven by focus on core and growth markets, UK&I 306 expansion of recreational base in the UK a

  8. Slide 8: FY2025 Financial Targets

    FY2025 FINANCIAL TARGETS Reaffirmed FY2025 financial targets, delivering strong shareholder returns while building the platform for future growth Revenue Adjusted EPS >£2bn >23% <3.5x >35p Refined strategic focus on a smaller number of key markets, with clear targets to drive greater market share an

  9. Slide 9: Market Focus - Core

    MARKET FOCUS - CORE Strong performance in Italy and Spain offset by challenges in the UK, primarily related to significant impact of player safety measures th}? HOLDINGS ITALY SPAIN H1 2022 impacted by covid unwind, UK ONLINE e Maintained strong player activity and ° growing market share based on ac

  10. Slide 10: Market Focus - Other

    MARKET FOCUS - OTHER Regulated market launches support our growth market strategy, with profitability focus supported by optimise markets GROWTH OPTIMISE e Launched 888 on a locally regulated e Optimised brand strategy by market basis in Ontario in Apr-22 rolled out through H2 following completion e

  11. Slide 11: Key Enablers - Product and Content

    KEY ENABLERS - PRODUCT AND CONTENT The combination of 888 and William Hill will enable us to offer best-of- breed betting and gaming products across all our brands Product and content leadership World class brands Improved #BuildYourOdds bet builder with leg tracking, real time bet status and cash o

  12. Slide 12: Sustainability

    SUSTAINABILITY Our approach to ESG and sustainability is fundamental to our long-term aae growth ambitions, as we continue to build the business into a global leader PLAYERS e >500,000 third-party financial vulnerability checks carried out the UK © >2.7 million customer interactions undertaken, +19%

  13. Slide 13: Scale and Potential

    SCALE AND POTENTIAL We have created a diversified global leader with strong growth potential Online revenue of publicly listed operators - FY2022! £7,421m £2,999M £1,793m £1,331m £1,100m £1,069m £823m £726M ~— ¢660m Flutter EntainDraftKings 888- WH Super Group Kindred Bally's William Hill Betsson £6

  14. Slide 14: Summary

    SUMMARY Executing on clear plans to realise our potential H1 2022 POSITION Transformation of business to create a large scale business, with leading positions in key regulated markets Strong potential constrained by high leverage and below average EBITDA margins H2 2022 delivering on our PLAN Integr

  15. Slide 15: Q&A

    =0. DINGS Q&A PRESENTERS

  16. Slide 16: HOLDINGS

    HOLDINGS corporate.888.com

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