Slide 1: June 14, 2019
June 14¢, 2019 intralot
Slide 2: Disclaimer
Disclaimer intralot By reading or attending the presentation that follows, you agree to be bound by the following limitations: This presentation has been prepared by INTRALOT S.A. and its subsidiaries (the “Company” or “We") solely for informational purposes and does not constitute, and should not b
Slide 3: Presentation Participants
Presentation Participants CHRYSOSTOMOS SFATOS, GROUP DEPUTY CEO NIKOLAOS NIKOLAKOPOULOS, GROUP DEPUTY CEO ANDREAS CHRYSOS, GROUP CFO NIKOLAOS PAVLAKIS, GROUP TAX & ACCOUNTING DIRECTOR VASSILIOS SOTIROPOULOS, GROUP FINANCE, CONTROLLING & BUDGETING DIRECTOR MICHAIL TSAGKALAKIS, CAPITAL MARKETS DIRECTO
Slide 4: Chairman & CEO comments on first quarter results
INTRALOT Chairman & CEO Sokratis P. Kokkalis noted: intralot ‘The first quarter results reflect a big improvement from the last quarter of 2018, with quarter-on-quarter increase of EBITDA by® more than 62% compared with the last quarter of 2018, although they still compare unfavorably with first qua
Slide 5: Wagers Handled & Revenues
Wagers Handled & Revenues! 238 (10.9%) 761 (-12.7%) East Europe South America \ | intralot 29.3 (15.2%) 48.4 (25.1%) RoW - Americas 1,559 (+38.1%) North America Wagers Handled in 1919 1919 (in €) Revenue per 1,897 (412.2%) Geographical Region c.€5, ~~ Agig (in €) 87 (+14.5%) €192.7m Africa 4.1% 5.4%
Slide 6: Licensed Operations - Revenue Evolution
Licensed Operations - Revenue Evolution! Game Management 1019 Revenues per Licensed Contract Type Operations (€m, %) Technology _\ Naas Game Management 1018 Revenues per Licensed Contract Type "~~ Operations (€m, %) Technology Naa 1. Variance from 1018 reported figures due to IFRS15 treatment in € m
Slide 7: Game Management Contracts - Revenue Evolution
Game Management Contracts - Revenue Evolution? Game Management 1019 Revenues per 119.1! Licensed Contract Type ~~ Operations (€m, %) Technology _} Game Management 1018 Revenues per 131.7] Licensed Contract Type i (en, %) Operations Technolo 1. Variance from 1018 reported figures due to IFRS15 treatm
Slide 8: Technology Contracts - Revenue Evolution
Technology Contracts - Revenue Evolution Game Management 1019 Revenues per 119.1 Licensed Contract Type Operations (€m, %) Game Management 1018 Revenues per 131.7) Licensed Contract Type Operations (€m, %) p Technolo: in € million @ 1019 51.8 intralot 49.6 Greece Argentina United States Chile Revenu
Slide 9: Consolidated Financial Statements for 1Q19
Consolidated Financial Statements for 1019 % Change % Change intralot (in € million) 1Q19 1018 4018! (y-0-y) (q-0-q) LT™M Revenues (Turnover) 192.7 210.7 187.7 -8.5% 2.7% 766.3 Technology, Management & Rest Contracts 74.3 80.0 74.3 -7.1% - 290.3 Licensed Operations (Payout related) 118.4 130.7 113.4
Slide 10: Overview Of Key Financial Metrics
Overview Of Key Financial Metrics intralot REVENUES! EBITDA AND EBITDA MARGIN? €m €m, % ' 18.0% 18.0% | 17.7% 784 766 7 . a] 16.5% 15.0% 146% | . . s EBITDA Margin i t 14.796 on Sales ! ' 10.4% & ' : | 32 ! : 20 om oo 2016Adj 2017Ad) ~-2018Adj. «= LTM OPERATING CASH FLOW AND NET CAPEX NET DEBT? AND
Slide 11: Including the impact from Morocco's delayed receipts and Illinois start
Including the impact from Morocco’s delayed receipts (timing), and Illinois start
Slide 12: Key Revenue and EBITDA Contributors
Key Revenue and EBITDA Contributors?2 intralot Other Australia Bulgaria 8.8% 9 Bulgaria 1019 Key EBITDA Contributors Turkey (in €m, %) o | United States Australia [2.296] F 1019 Key Revenue Contributors (in €m, %) United States Malta 1. Country Revenue and EBITDA figures include all operating and no
Slide 13: Contribution from Partnerships
Contribution from Partnerships Intralot _ Count! Stake 1019 EBITDA 1018 EBITDA ry Contribution Contribution @ Inteltekt 45.00% 18% 18% @ Bilyonert 50.01% 9% 9% = Eurofootball Group? SEES cee er axettinarnl 17% 14% ai 49.00% + option for additional = Eurobet Group2 2.00% 5% 4% [a . (@) Tecno Accion G
Slide 14: ITS
ITS
Slide 15: 1Q19 - Group Income Statement
1019 - Group Income Statement intralot (in € million) 1019 1018 % Change LTM Revenues 192.7 210.7 -8.5% 766.3 Gross Profit 39.8 46.8 -15.0% 150.9 Other Operating Income 49 3.4 44.1% 17.1 OPEX -32.4 -28.4 14.0% -124.6 EBITDA 31.8 37.3 -14.7% 112.2 Margin 16.5% 17.7% -1.2pps 14.6% EBIT 12.3 21.8 -43.6
Slide 16: 1Q19 - Group Statement Of Financial Position
1019 - Group Statement Of Financial Position intralot (in € million) 1019 FY18 Tangible Assets 170.1 133.4 Intangible Assets 288.2 302.3 Other Non-current Assets 167.2 165.8 Inventories 40.4 45.6 Trade Receivables 81.3 71.4 Other Current Assets 193.5 225.6 Total Assets 940.7 944.1 Share Capital 47.1
Slide 17: 1Q19 - Group Cash Flow
1019 - Group Cash Flow intralot (in € million) 1019 1018 EBT from continuing operations 45 8.3 EBT from discontinued operations -1.4 49 Plus/less Adjustments 27.9 29.8 Decrease/(increase) of Inventories 0.8 44 Decrease/(increase) of Receivable Accounts -9.0 6.8 (Decrease)/increase of Payable Account
Slide 18: intralot ¢
intralot ¢