Aristocrat Leisure Limited · ASX:ALL
Aristocrat Leisure — Investor Day (July 2026)
109 slides from Aristocrat Leisure's investor day presentation, Jul 1, 2026
Slide 1: Aristocrat 2026 Investor Briefing
Aristocrat 2026 Investor Briefing Sydney, 1 July 2026 Aristocrat Leisure Limited (ASX: ALL) today provides the attached presentation to accompany our 2026 Investor Briefing. The briefing will be webcast, commencing at 9.00am (AEST). Details can be found on www.ir.aristocrat.com. For personal use onl
Slide 2: 2026 Investor Briefing
For personal use only 2026 Investor Briefing 1 July 2026 Bringing joy to life through the power of play
Slide 3: Disclaimer
Disclaimer This document and any oral presentation forecasts, forward looking statements and IFRS) financial information. The non-IFRS financial accompanying it has been prepared in good faith, statements as to future affairs. The actual results information is unaudited and has not been reviewed how
Slide 4: Agenda
Agenda 9:00AM Introduction James Coghill Product Madness General Manager, Investor Relations Dafne Guisard For personal use only Chief Commercial Officer, EMEA Group Strategy Trevor Croker CEO & Managing Director 10 min Break Market Strategy Aristocrat Interactive Superna Kalle Dylan Slaney Chief St
Slide 5: Key messages for today
Key messages for today Aristocrat’s strategy, portfolio, performance & potential For personal use only Strategy driving Strategic Taking market Interactive Capital & cost superior returns advantages share & growing momentum discipline to shareholders underpin growth in key segments is building Stron
Slide 6: Outlook
For personal use only Outlook Trevor Croker, CEO & Managing Director
Slide 7: Outlook
Outlook Aristocrat expects to deliver NPATA growth over the full year to 30 September 2026 on a constant currency basis, reflecting: For personal use only Continued revenue and market share Continued market share growth Accelerating performance at Aristocrat growth from Aristocrat Gaming, from Produ
Slide 8: Group Strategy
For personal use only Group Strategy Trevor Croker, CEO & Managing Director
Slide 9: Session focus
For personal use only Session focus 1 Scaled positions & growth opportunities across all segments 2 Proven long-term growth strategy 3 Strategic advantages underpin success 4 Strong execution track record across key metrics Group Strategy | Investor Briefing 2026 8
Slide 10: Aristocrat today
Aristocrat today Three diversified yet complementary segments, driving growth & resilience For personal use only A leading global casino slot content Global Social Slot publisher with Global Online RMG content and and technology provider leading market share technology solutions provider, and leadin
Slide 11: We've invested & refocused to accelerate our transformation
We've invested & refocused to accelerate our transformation Successful & disciplined track record of acquiring & leveraging businesses Entry into Live slot streaming Class II gaming Social Casual Global expansion Anaxi established as our Games Online RMG business AI powered Casino system business la
Slide 12: Proven growth strategy to drive future performance
Proven growth strategy to drive future performance Content Leadership Invest & innovate to create the world’s best gaming content, Enabled by For personal use only while protecting our IP Talent ------- Sustainable Distribution & Growth AI Superior ------- Distribute content across key channels & ma
Slide 13: Experienced team of talented operators & innovators
Experienced team of talented operators & innovators Executive steering committee strengthened with new capabilities For personal use only Trevor Croker Sally Denby Craig Toner Dylan Slaney Superna Kalle Matthew Primmer CEO & Managing Director Chief Financial Officer CEO, Aristocrat Gaming CEO, Arist
Slide 14: Aristocrat's strategic advantages
Aristocrat’s strategic advantages Growth and consistent execution underpinned by a set of powerful differentiators For personal use only Leading Content, Creative Studios Multi-channel Deep Regulatory Long-standing Brands & IP & Talent Distribution Experience & Customer Trust Partnerships Unparallel
Slide 15: Leading content, brands & IP
Leading content, brands & IP % of Total Class Class Adjacencies Social iGaming iLottery Class II Units Rank Year Released % Share Theo Win III II Mobile #1 1996 5.4% 6.1% For personal use only #2 2016 2.8% 9.4% #3 2021 2.7% 2.1% #4 2011 2.6% 3.0% #9 2023 1.7% 1.8% #10 2025 1.2% 2.5% #1 2007 10.6% 18
Slide 16: Creative studios & talent
Creative studios & talent 12 world-class studios creating differentiated content across every major segment globally Studio network with 28 game designers For personal use only 1,600+ 19 out of 25 cumulative years with 20+ years Top Premium Leased of industry experience games since 20211 of game des
Slide 17: Multi-channel distribution
Multi-channel distribution Scaling game franchises across channels through planning to maximise player reach 1 It starts with the player 2 Cross-channel planning 3 Execution and expansion For personal use only Land-based Channel insights Social Casino Reusable assets & Intentional pathway & Regulato
Slide 18: Deep regulatory experience & trust
Deep regulatory experience & trust Scaled regulatory and compliance capabilities, with trusted processes and controls built up over decades For personal use only Licensing Product Regulatory Anti-bribery & Anti-modern Regulator compliance compliance corruption & anti- slavery engagement money launde
Slide 19: Long-standing customer partnerships
Long-standing customer partnerships Trusted, long-term partner to commercial & tribal operators; superior commercialisation capabilities For personal use only B2B B2G B2C B2B B2G Customer segments Tribal (CII) COAM Tribal Lottery Retail Players Commercial State Gaming Commercial Commissions VGT Comm
Slide 20: Sustainability & Empowering Safer Play
Sustainability & Empowering Safer Play These strategies support our five strategic advantages & social licence to operate For personal use only Good Governance Operational Empowering People & & Responsible Sustainability Safer Play Community Business & Climate • Regulation & Compliance • Climate Act
Slide 21: Execution track record
Execution track record Successful delivery of our strategy has led to consistent growth Market share For personal use only Gains across 38% 27% 48% 23% 69% 4% key segments NA NA Outright ANZ Product Madness US US Gaming Ops2 Sales Ship Share2 Ship Share3 Social Slots4 iLottery5 iCasino6 Over the pas
Slide 22: Key messages: Growth and execution underpinned by strategic advantages
For personal use only Key messages: Growth and execution underpinned by strategic advantages Scaled positions & Proven long-term Strategic Strong execution track opportunities growth strategy advantages record Three large, Anchored in leading Success underpinned by Key operating metrics complementar
Slide 23: Market Strategy
For personal use only Market Strategy Superna Kalle, Chief Strategy Officer
Slide 24: Introducing Superna Kalle – Chief Strategy Officer
For personal use only Introducing Superna Kalle – Chief Strategy Officer 2023 Appointed as Chief 20+ Years in leadership roles across corporate Strategy Officer at development, M&A and commercial roles in the Aristocrat gaming, television and entertainment industries Market Strategy | Investor Brief
Slide 25: Session focus
For personal use only Session focus 1 Expand in large, resilient markets 2 Grow market share & enter adjacencies 3 Cross-channel approach 4 Nurture long-term customer partnerships Market Strategy | Investor Briefing 2026 24
Slide 26: Land-based Gaming
Land-based Gaming Large, resilient, growing markets where Aristocrat can continue to expand and take share Global Land-based GGR - 2025 For personal use only Europe + Africa Total market1 EGMs2 127 US$301bn 174 LatAm US$174bn North America ANZ Betting, Tables, Bingo EGMs Asia + ME Aristocrat Gaming
Slide 27: Land-based Gaming: growth focus
Land-based Gaming Growth focus: continuing to drive sustainable share growth across segments & markets Aristocrat Gaming - Gaming Operations4 +9% CAGR For personal use only 1.4 1.4 1500 1.1 1.2 80.0% 1.0 0.8 60.0% 1000 0.6 40.0% 500 37% 38% 30% 31% 33% 35% 20.0% 29% 0 0.0% FY19 FY20 FY21 FY22 FY23 F
Slide 28: Social Casino
Social Casino Targeted growth opportunities in select geographies where Aristocrat is underrepresented today Global Social Casino TAM - 20251 For personal use only Asia Social Casino Social Slots ANZ 3 US$7bn 4 North America US$4bn RoW Europe Poker, Bingo Slots Product Madness FY25 Revenue US$1.2bn
Slide 29: Social Casino: growth focus
Social Casino Growth focus: taking share through content leadership, disciplined UA, & AI-enabled execution Market CAGR Global 3% For personal use only 2019-20251 2025-20302 -3% Product Madness 2025 Market Share3 Asia + NA ANZ ROW Europe Middle East 22% 6% 53% 24% 6% Product Madness – Social Casino
Slide 30: Online Real Money Gaming (RMG)
Online Real Money Gaming (RMG) Share gains and new market openings provide growth potential, with further opportunity in underpenetrated markets Global Online RMG GGR - 20251 For personal use only North America Global Onshore TAM iGaming & iLottery2 88 US$163bn 75 Europe + Africa US$75bn Asia + ME A
Slide 31: Online RMG: growth focus
Online RMG Growth focus: step changes in revenue profile through leveraging land-based strength & iLottery leadership Global Market CAGR1 iGaming iLottery For personal use only 2019-2025 30% 15% 2025-2030 14% 10% Aristocrat Interactive 2025 Market Share Market share 3.7%2 69%3 Aristocrat Interactive
Slide 32: Cross-channel strategy driven by player behaviour
Cross-channel strategy driven by player behaviour; Online RMG our largest opportunity Active slot players by channel1 For personal use only Land + 43% Land slots Social Social Casino of cross-channel players favour online versions of 9% only slots only familiar land-based slots1 22% 17% All 13% Land
Slide 33: Our content model is designed to scale franchises across channels
For personal use only Our content model is designed to scale franchises across channels to benefit customers Franchise Franchise Digital-native Adaptation Expansion Creation Iterative extensions that Proven land-based franchises Original IP designed specifically deepen engagement and adapted for dig
Slide 34: Expand capabilities beyond EGMs to enhance customer value
Expand capabilities beyond EGMs to enhance customer value Four strategic acquisitions to enhance integrated cross-channel value for the casino operator MTS + For personal use only BitBoss Awager Bring land-based Real-time mobile players online with engagement & native-feel live cashless EGM content
Slide 35: Key messages: Scaling to win
For personal use only Key messages: Scaling to win Expand with Grow market share & Cross-channel Long-term customer the market enter adjacencies differentiation partnerships Capturing growth in large, Win share where we Support customers; Differentiate & lead, growing & resilient markets compete & i
Slide 36: AI at Aristocrat
For personal use only AI at Aristocrat Bob Serr, Chief Technology Officer
Slide 37: Introducing Bob Serr – Chief Technology Officer
For personal use only Introducing Bob Serr – Chief Technology Officer 2026 Appointed as Chief 10+ Years of deep AI and emerging tech expertise, Technology Officer along with strategic software, global at Aristocrat technology and operational experience AI at Aristocrat | Investor Briefing 2026 36
Slide 38: Session focus
For personal use only Session focus 1 AI journey has evolved to workflow scaling 2 Enhancing creativity to do more, better 3 Improving velocity to market 4 Advancing AI-powered insights AI at Aristocrat | Investor Briefing 2026 37
Slide 39: Our AI journey – maturing from tools to agent workflows
Our AI journey – maturing from tools to agent workflows As tools mature, corporates begin exploring and deploying agents Stage 5 For personal use only Additional tools Scaling AI workflows widely available online Stage 4 Scaling & orchestrating complex workflows AI agents introduced using multiple A
Slide 40: From productivity gains to accelerating benefits for our strategic advantages
From productivity gains to accelerating benefits for our strategic advantages Compounding capabilities Strategic advantages For personal use only Enhancing Embedded in studio & engineering Leading content, brands, mechanics & workflows to lift output & shorten creativity iteration cycles IP differen
Slide 41: Enhancing creativity
Enhancing creativity AI is lifting creative throughput while anchoring our differentiation in human creativity, proprietary content and protected IP For personal use only Faster concept Creative & engineering exploration workflow integration Generate & evolve early creative Shorten iteration cycles
Slide 42: Case Study: Product Madness – AI is scaling output without scaling headcount
Case Study: Product Madness – AI is scaling output without scaling headcount AI-augmentation has delivered more creative features with higher quality, without incremental resources For personal use only 14,000 Creative assets delivered 8,000 Creative assets Quality & delivered Scale advanced in para
Slide 43: Case Study: Product Madness – character-based storytelling at scale with AI
For personal use only Case Study: Product Madness – character-based storytelling has evolved at scale with AI Approach Time to deliver Output 1. Outsourced agency 5–6 months High polish, premium craft 2. Hire new internal talent 6–12 months Owned capability 3. Existing talent + genAI literacy Cinema
Slide 44: Velocity to market
Velocity to market AI is compressing development, testing and regulatory workflows so we can move faster to market For personal use only Accelerating Workflow prototyping integration Reusable workflows support Faster movement from idea faster porting, code conversion & to working concept adaption ac
Slide 45: Case Study: AI assisted game porting
Case Study: AI assisted game porting Create Port Multiply For personal use only AI-assisted porting accelerates More proven games to more players how we move games across platforms across channels and markets World class games built by our studios Faster conversion AI automation Land-based Social Ca
Slide 46: Advancing AI-powered insights
Advancing AI-powered insights Using data to generate faster, higher quality decisions across content, customers and player experiences For personal use only Content performance Customer outcomes Understand what performs, Give operators real-time insights why it performs and where to improve floor pe
Slide 47: Case Study: Gaming Analytics – AI driven insights and recommendations
Case Study: Gaming Analytics – AI driven insights and recommendations Real-time performance Actionable AI-driven signals across the floor AI engine recommendations For personal use only Floor optimisation Slot performance Player segmentation Player transactions Churn predictions Marketing campaigns
Slide 48: Key messages: AI workflows scaling to create long-term benefits
For personal use only Key messages: AI workflows scaling to create long-term benefits for Aristocrat Aristocrat’s AI AI use case: Enhancing AI use case: AI use case: Advancing journey creativity Velocity to market AI-powered insights Entering the next phase of AI AI is amplifying our creative Accele
Slide 49: Aristocrat Gaming
For personal use only Aristocrat Gaming Trevor Croker, CEO & Managing Director
Slide 50: Session focus
For personal use only Session focus Unparalleled portfolio, with talent and 1 commercial execution driving success 2 Customer partnerships are a long-term enabler 3 Opportunities in existing and new adjacent markets 4 Scalability and operating leverage Aristocrat Gaming | Investor Briefing 2026 49
Slide 51: A market leader with exceptional growth opportunities
A market leader with exceptional growth opportunities Gaming contribution to Group Revenue Gaming contribution to Group Segment Profit For personal use only Revenue Profit HY26 HY26 A$2.0bn A$1.1bn 70% 64% Gaming contribution by division Gaming revenue (A$m)1 CAGR: +7% 21% 3,960 3,629 3,462 2,838 Re
Slide 52: Our Gaming strategy
Our Gaming strategy A market leader with exciting growth opportunities, supported by the depth & strength of our content For personal use only The opportunity The strategy Why we can win Market share growth Innovating to drive games & Leading portfolio performance cabinet performance generating high
Slide 53: Unrivalled breadth and depth in game content
Unrivalled breadth and depth in game content #1 indexing supplier1 across key segments we operate in Performance2 June 2021 June 2026 Game Titles For personal use only Top premium leased games 2.94 2.73 5,062 slots 18,616 slots Premium high equity licenses Class II recurring 1.27 1.26 revenue 6,716
Slide 54: Creativity & Commercialisation in a tightly managed strategic framework
For personal use only Creativity & Commercialisation in a tightly managed strategic framework Decades Diversified of game Product commercialisation engine content & development Integrated marketing Lifecycle growth & hardware Product insight & innovation strategy product brand expansion portfolio, w
Slide 55: Compelling FY26 product roadmap with strong momentum leading into FY27
Compelling FY26 product roadmap with strong momentum leading into FY27 Soon to be revealed – 1Q27 For personal use only Two premium franchise SSPs A premium franchise MSP A licensed premium SSP February 2026 June 2026 FY25 FY27 November 2025 April 2026 September 2026 FY26 Gaming Operations net unit
Slide 56: Gaming Operations: driving the Premium Games performance standard
Gaming Operations: driving the Premium Games performance standard on casino floors Top indexing Premium Games1 Premium Games unit volume growth 2018-20252 28,000 Aristocrat 2.73 For personal use only 23,000 25,113 Competitor A 1.86 18,000 Competitor B 1.61 13,000 Competitor C 1.36 8,000 3,000 7,086
Slide 57: Outright Sales: superior game performance underpinning market share gains
Outright Sales: superior game performance underpinning market share gains Top ranked games in Outright Sales Diversified cabinets expand player experiences 9 of the top 10 For personal use only indexing cabinets Premium Video Reel2 #1 indexing supplier – Arc Single ranked #1 owned 0.97x 2.8x house p
Slide 58: Superior game performance drives market share opportunity in North America
Superior game performance drives continued market share opportunity in North America Our share of top performing games ranked across the market is higher than our share of the casino floor For personal use only % share of top performing Premium Games 46% Aristocrat installed base share1 +18% 64% Ari
Slide 59: Our ANZ market share has been restored & momentum is strong
Our ANZ market share has been restored & momentum is strong Australia case study: meticulous execution of our response to a change in the competitive landscape Commercial Model Innovation 6% 6% 10% For personal use only 4% 6% 8% 11% 30% Share expanded 15% from 30% to 49%1 4,800+ units on Multilink i
Slide 60: Key partnerships: Our long-standing commitment to investing in Tribal Gaming
Key partnerships: Our long-standing commitment to investing in Tribal Gaming Tribal Gaming key facts Leading Tribal Gaming supplier Serving Tribal community since 1988 29 For personal use only States with Tribal Gaming1 Commitment to Tribal partners 532 Tribal casinos in US as of July 20251 Customis
Slide 61: Customers recognise the value that Aristocrat brings
For personal use only Customers recognise the value that Aristocrat brings Eight consecutive years of being #1 Overall Supplier1 Aristocrat global customer NPS survey highlights2 96% Global NPS score of 69 86% Aristocrat ranked demonstrating strong Agreed that Aristocrat’s consistently high in custo
Slide 62: Adjacent North American markets represent a significant market opportunity
For personal use only Adjacent North American markets represent a significant market opportunity New York Historical Canada/Oregon Video Georgia Coin Operated Illinois Video Lottery Horse Racing Lottery Terminals Amusement Machines Gaming Terminals Route gaming in Gas Lottery based market Pari-mutue
Slide 63: Aristocrat Gaming is relatively new to adjacent markets
Aristocrat Gaming is relatively new to adjacent markets Significant opportunity to continue to take share in our existing & new markets Adjacencies market share1 Potential new adjacent markets (units)4 For personal use only Average Gaming Operations market share: 38%2 Average Outright Sales market s
Slide 64: New openings & expansions offer growth & share gain opportunities
New openings & expansions offer growth & share gain opportunities Aristocrat typically receives a higher share in openings & expansions than portfolio average North America – NOE unit sales1 RoW – NOE opportunities For personal use only 1.50% 1.40% Europe 1.30% 1.30% 1.30% A number of new openings a
Slide 65: Operating leverage: Continuous focus on efficiency
For personal use only Operating leverage: Continuous focus on efficiency Digitising & Appropriate Creating more Simplifying the Optimise driving investment in value for our structure supply chain efficiency growth channels customers with AI Aristocrat Gaming | Investor Briefing 2026 64
Slide 66: Key messages: Leader in a large and growing market
For personal use only Key messages: Leader in a large and growing market Portfolio, talent & Customer Opportunity in adjacent Scalability & operating execution partnerships markets leverage Unparalleled portfolio with a A critical long-term enabler of Expanding in new & existing Ongoing focus on pro
Slide 67: Product Madness
For personal use only Product Madness Dafne Guisard, Chief Commercial Officer EMEA
Slide 68: Introducing Dafne Guisard – Chief Commercial Officer, EMEA
For personal use only Introducing Dafne Guisard – Chief Commercial Officer, EMEA 2026 Appointed as Chief 20+ Years of senior leadership experience across Commercial Officer commercial growth, operations and digital (EMEA) of Aristocrat transformation Product Madness | Investor Briefing 2026 67
Slide 69: Session focus
For personal use only Session focus 1 Strong & consistent growth through content innovation 2 The winning formula driving market leadership 3 AI: Faster delivery, richer player experience 4 Disciplined UA investment & DTC migration Product Madness | Investor Briefing 2026 68
Slide 70: Product Madness is a market leader in Social Slots
Product Madness is a market leader in Social Slots Product Madness contribution Product Madness contribution to Group Revenue to Group Segment Profit For personal use only 27% 24% Revenue Profit HY26 HY26 A$806m A$373m Product Madness Social Casino Bookings (US$bn) Product Madness Quarterly Total Re
Slide 71: Consistently strong delivery in a challenging market
Consistently strong delivery in a challenging market Product Madness Social Casino Bookings growth vs Slot market performance1 For personal use only 7.0% 6.0% 5.2% 5.1% 5.2% 4.9% 4.7% 4.6% 4.6% 4.5% 4.0% 4.0% 3.3% 2.9% 1.0% 1.7% 1.9% 2Q23 3Q23 4Q23 1Q24 2Q24 3Q24 4Q24 1Q25 2Q25 3Q25 4Q25 1Q26 2Q26 -
Slide 72: Our Product Madness strategy
Our Product Madness strategy Leverage leading Aristocrat content and AI to accelerate creativity and deepen engagement For personal use only The opportunity Our strategy Why we can win Increase player engagement & Leverage best-In-class Access to leading Aristocrat land- monetisation content based c
Slide 73: Our strategy: driving momentum to lead the Social Slots category
Our strategy: driving momentum to lead and outperform the Social Slots category Our player-first mindset underpins our #1 Social Slots1 position For personal use only Best-In-Class Continuous Disciplined Content Improvement UA Investment Leveraging Aristocrat’s Player-first mindset Sustained, discip
Slide 74: Best-in-class content: highlights from 1H26
For personal use only Best-in-class content: a few highlights from 1H26, showcasing our content leadership #1 grossing app in First ever $1M revenue 20 consecutive months 90% revenue growth Social Casino globally in a single day of YoY revenue growth over 1H26 YoY Best-ever daily average Ranked #3 w
Slide 75: The winning formula behind our best-in-class content
The winning formula behind our best-in-class content Scale the mini-games engine to unlock efficient, repeatable LiveOps execution and support long-term player engagement LiveOps mini-games For personal use only Heart of Vegas Treasure Hunt Mo Mummy reskin mini-game Repeatable mini-game framework Re
Slide 76: Continuous improvement: leveraging partnerships
Continuous improvement: leveraging partnerships A unified way of working with partners that enables improved execution and continuous evolution Why Partnerships matter? For personal use only Improved economics, greater featuring and increased testing compound growth Product & player journey ambition
Slide 77: AI across the product lifecycle
AI across the product lifecycle: faster delivery, richer player experience Three AI engines changing how we make and operate games to drive ARPDAU improvements For personal use only Advanced player analytics Art & engineering efficiency Strategic operations Priority 1 Priority 2 Priority 3 AI-driven
Slide 78: Disciplined UA investment and DTC migration driving share & profit
Disciplined UA investment and DTC migration driving share & profit UA as a % of revenue DTC as a % of revenue For personal use only 16.1% 15.3% 17.6% 16.6% 20.1% 5.5% 8.5% 13.3% 18.2% 23.9% UA spend (US$m) DTC Revenue (US$m) 110 130 100 97 91 87 98 69 44 27 1H24 2H24 1H25 2H25 1H26 1H24 2H24 1H25 2H
Slide 79: Key messages: Extending Social Slots leadership through innovation & AI
For personal use only Key messages: Extending Social Slots leadership through innovation & AI Strong, consistent The winning formula AI benefits the full UA investment and DTC track record driving leadership product lifecycle migration Competitive advantage in Driving retention through Improving spe
Slide 80: Aristocrat Interactive
For personal use only Aristocrat Interactive Dylan Slaney, CEO Aristocrat Interactive
Slide 81: Introducing Dylan Slaney – CEO of Aristocrat Interactive
For personal use only Introducing Dylan Slaney – CEO of Aristocrat Interactive 2025 Joined Aristocrat as 8+Years of global leadership experience in Chief Executive Officer iGaming, having recently served as CEO of Aristocrat Interactive of iGaming at a competitor Aristocrat Interactive | Investor Br
Slide 82: Session focus
For personal use only Session focus 1 Progress & learnings since June 2024 2 Market opportunity & pathway to scaled growth 3 Content & iLottery as core growth engines 4 Connected digital capabilities beyond the core 5 Execution confidence & long-term value creation Aristocrat Interactive | Investor
Slide 83: Aristocrat Interactive is scaling and poised for growth
Aristocrat Interactive is scaling and poised for growth Interactive contribution Interactive contribution to Group Revenue1 to Group Segment Profit1 9% 6% For personal use only Revenue Profit HY26 HY26 A$262m A$95m Interactive contribution by division Revenue (US$m) incl. NPI JV revenues Content iLo
Slide 84: Progress since June 2024
Progress since June 2024 Content For personal use only ✓ Continued to build content traction, with numerous Aristocrat titles achieving strong game performance and operator access improved to > 90% ✓ Standardised and modernised core technology stacks ✓ Laid groundwork for the launch of Lightning Lin
Slide 85: Valuable learnings along the way
Valuable learnings along the way Scaling has proven more complex than anticipated For personal use only Combining businesses: complexity across teams, platforms and operating models Portfolio focus: breadth of portfolio created opportunity but not disciplined focus Content scale: longer timelines, r
Slide 86: Market is evolving, broadening channels & unlocking opportunity
Market is evolving, broadening channels & unlocking opportunity Focus for sustainable growth has shifted from breadth to depth, differentiation & execution For personal use only Historically Today Foundations Growth driven by: Growth more nuanced: Now firmly in place Slower US iGaming Rapid geograph
Slide 87: Our Strategy is more focused
Our Strategy is more focused Sustainable growth driven by two core engines, supported by strategic initiatives For personal use only Core growth engines Content iLottery Leveraging Aristocrat’s leading brands, proven game Long-duration customer partnerships, technology performance and regulated mark
Slide 88: The size of the Content prize is substantial
The size of the Content prize is substantial Significant opportunity to take share United States iSlots Regulated GGR - $USbn2 For personal use only 3.7% Interactive iCasino market share1 Future regulated openings create incremental upside Open regulated markets continue to grow and optimise $ Oppor
Slide 89: Our Content strategy
Our Content strategy Scaling proven Aristocrat franchises through focused distribution, repeatable execution & content innovation For personal use only The opportunity The strategy Why we can win Large, growing digital Scale proven land-based Leading land-based content slots market brands into digit
Slide 90: Significant upside from proven Aristocrat franchises
Significant upside from proven Aristocrat franchises Leading land-based franchises yet to launch online, offering significant market share potential For personal use only #1 grossing app in Top grossing parent game, with Top indexing core parent Social Casino globally with 5 of the 10 top overall th
Slide 91: One-to-Many: Maximising franchise value
One-to-Many: Maximising franchise value Creating new player and commercial opportunities from a single land-based game to drive player engagement and LTV Streaming Distribution For personal use only Land-based Awager enables Extending franchise value across iGaming proven franchise remote slot play
Slide 92: Rapidly growing iLottery market with strong tailwinds
Rapidly growing iLottery market with strong tailwinds United States iLottery Regulated GGR - $USbn2 For personal use only 69% Share of gross wager1 Future regulated openings create incremental upside Open regulated markets continue to grow and optimise $ Opportunities Mature iLottery markets continu
Slide 93: North American iLottery contracts
North American iLottery contracts Organic growth potential from increasing digital penetration and winning current JV contracts as the sole provider Revenue contribution by contract For personal use only US iLottery contracts as at 1 July 2026 CY25 Gross Sales1 Population2 Penetration3 Part of the N
Slide 94: Our iLottery strategy
Our iLottery strategy Scaling a long-duration technology-and-services business through proven track record, trusted partnerships & content expansion For personal use only The opportunity The strategy Why we can win Large, underpenetrated Grow existing iLottery Industry-leading talent and digital lot
Slide 95: New Hampshire case study
New Hampshire case study iLottery contract performance from start-up to scale New Hampshire & Massachusetts retail lottery New Hampshire annual retail and online gross sales1 For personal use only iLottery Sales Retail lottery Population2 +40% CAGR from 2019 per capita3 New Hampshire 1.1m US$415 Mas
Slide 96: Proven iLottery performance
Proven iLottery performance Aristocrat-powered programs consistently rank among the strongest performers, demonstrating the quality of our platform, content & operating model For personal use only U.S. iLottery Turnkey Provider U.S. Lottery with iLottery Average Per Capita Sales Performance1 5-Year
Slide 97: Platforms: strategic initiatives
Platforms: strategic initiatives Beyond Content and iLottery: connecting land-based and digital ecosystems to deepen customer relationships For personal use only Game & Player IQ Class II Mobile Cashless Wallet Content Hub Systems and analytics that Extends existing tribal Extends customer One desti
Slide 98: Enabling execution at scale
Enabling execution at scale Leadership, operating model and technology foundations in place to deliver with greater speed, consistency and discipline For personal use only Scalable Talent depth foundations Deep industry Repeatable and consistent expertise across priority deployment across growth are
Slide 99: Our complete solution allows us to benefit across the full value chain
Our complete solution allows us to benefit across the full value chain Content For personal use only ~8 - 12% of NGR Content Operators ~70 - 85% of NGR Less: Aggregation Gross Taxes, Player Net ~1 - 4% of NGR Gaming Incentives Gaming Revenue ~30 - 40% Revenue Revenue share (GGR) of GGR (NGR) Managed
Slide 100: Directional pathway towards our US$1bn Revenue Target by FY29
Directional pathway towards our US$1bn Revenue Target by FY291 Disciplined execution across segments are combining to scale Interactive towards our target For personal use only ($50m – $100m) $1bn ($150m – $250m) • Extend customer relationships ($250m – $350m) • Scale Gaming Intelligence, • Grow exi
Slide 101: Key messages: A higher quality growth story
For personal use only Key messages: A higher quality growth story Progress & Opportunity & Core growth Connected digital Execution learnings pathway to growth engines capabilities confidence Reset largely complete, Opportunity remains Content and iLottery are Opportunities through Higher-quality gro
Slide 102: Financial Overview
For personal use only Financial Overview Sally Denby, Chief Financial Officer
Slide 103: Session focus
For personal use only Session focus 1 Performance aspirations 2 ONE Aristocrat – structural change 3 Capital allocation – strategic messages Financial Overview | Investor Briefing 2026 102
Slide 104: Achieving strong results today while ambitiously building for the future
Achieving strong results today while ambitiously building for the future Group strategy For personal use only Performance Aspirations Market share growth US$1 billion Interactive EBITA margin Revenue growth greater across key segments Revenue Target by FY291 expansion than D&D expense growth This pa
Slide 105: Intentional design leveraging the power of ONE Aristocrat
Intentional design leveraging the power of ONE Aristocrat ONE Aristocrat For personal use only Harnessing the power of our scale & capabilities as a global enterprise Embed AI & process efficiency Securing sustainable long-term benefits Product: Multi-channel distribution, with leading content, bran
Slide 106: Operating leverage driving better returns
Operating leverage driving better returns Margin expansion and delivery of ongoing operating leverage remains a focus as we continue to scale Group Profit Margins1 Balancing priorities to achieve Operating Leverage For personal use only 49.8% 50.3% 50.6% Embedded 43.7% Productivity AI 43.1% process
Slide 107: Financial structure supporting delivery, execution & returns
Financial structure supporting delivery, execution & returns Capital allocation framework Strong balance sheet and capital structure Investment drives growth to support free cash flow Supported by restructured debt facilities providing For personal use only and shareholder returns strategic optional
Slide 108: Key messages: Disciplined financial strategy supporting business execution
For personal use only Key messages: Disciplined financial strategy supporting business execution ONE Aristocrat Active cost Consistent capital Balance sheet operating model management allocation framework optimisation Harnessing the power of our Driving operating leverage to Investing in organic gro
Slide 109: For personal use only
ArwTOCRNT ARISTOCRAT: Fhiabniss ARISTOCRAT INTERACTIVE.