Kambi Group Plc Class B · OMXSTO:KAMBI
Kambi Group Plc Class B — Q3 2025 Earnings Presentation
14 slides from Kambi Group Plc Class B's earnings presentation, Nov 5, 2025
Slide 1: Kambi Group plc Q3 2025 Report
Kambi Group plc 5 November 2025 Kambi 1 Kambi Group ple- Q3 2025 Report CEO Werner Becher, CFO David Kenyon
Slide 2: Agenda
Agenda . Key highlights Financial performance —_ Strategic & operational updates Summary . Q&A OR ON 2 Kambi Group ple- Q3 2025 Report CEO Werner Becher, CFO David Kenyon
Slide 3: Key highlights
Key highlights Commercial momentum accelerating with 12 deals agreed since the start of Q3 O >) Odds Feed+ continues to gain traction, highlighted by recent signing of Superbet Group ~ yy Acquired PAM source code to unlock commercial opportunities XY S (— a Continued cost control amid macroeconomic
Slide 4: Q3 2025 financial summary
Q3 2025 financial summary Revenue Adjusted EBITA (acq) €37.4m €3.4m Q3 2024: €43.0m Q3 2024: €4.9m Q3 2024: €60.5m Kambi Sonica “go nz panto weer Behr cr oa ene ambi
Slide 5: Turnover Index and Operator Trading Margin
1,000 12% 11% 800 10% 9% 600 8% 7% 400 6% 5% 200 4% 3% - 2% Q1 2022 Q2 2022 Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Turnover Index Operator Trading Margin
Slide 6: Adjusted EBITA (acq) bridge Q3 2024 to Q3 2025
10 8 6 4 2 - Adj EBITA (acq) Organic growth Operator trading 2025 launches Major football Transition fees Operator Gaming tax & Cost savings FX impact vs. Adj EBITA (acq) Q3 2024 margin tournaments migrations Other constant Q3 2025 and Olympics currency
Slide 7: Cash flow bridge
60 55 50 45 40 Opening cash Operating profit Amortisation on Amortisation less Working capital, Tax paid Shares repurchased Closing cash acquired intangibles development costs capex, depreciation & other
Slide 8: Updated 2025 guidance
Updated 2025 guidance (— > Regulated Brazilian Foreign exchange OLG expected to launch market slower to . : headwinds in early 2026 develop than expected Ne S (— Revised full-year adjusted EBITA (acq) guidance of around €17m NG y, Kambi 8 Kambi Group ple - Q3 2025 Report CEO Werner Becher, CFO David
Slide 9: Commercial progress
Commercial progress Strengthening our Turnkey Sportsbook partner network (— > Wrarr KINGS Retail sportsbook agreement with DraftKings in Puerto Rico Extension with LeoVegas through to the end of 2027 betpro* | Sportsbook partnership with : -__ On-property deal with the Oneida LatAm operatorRedCap —
Slide 10: Odds Feed+
Odds Feed+ Enabling tier-one signings and partner retention r > Partnership with Superbet Group, one of the world’s leading operators Signed Odds Feed+ agreement with LeoVegas Group for full odds library Odds Feed Mt) Where precision meets flexibility Va Ne ~ S © quality 9 © choice © trust Coolbet t
Slide 11: Proprietary PAM to unlock new opportunities
Proprietary PAM to unlock new opportunities Following acquisition of source code from OMEGA Systems ( » Creates opportunities in Nevada, with potential for other markets in the future X J ( » PAM to be offered alongside Turnkey Sportsbook NS y (— >) Continue platform-agnostic approach XN S (— > Neva
Slide 12: Summary
Summary Commercial momentum Efficiency programme Leveraging unique assets accelerating with 12 delivering to strengthen deals since start of Q3 cost reductions competitive edge Kambi 12 Kambi Group ple - Q3 2025 Report CEO Werner Becher, CFO David Kenyon am 1
Slide 13: Q&A
13. Kambi Group plc - Q3 2025 Report CEO Werner Becher, CFO David Kenyon
Slide 14: Thank you
Thank you Kambi 14 Kambi Group ple - @3 2025 Report CEO Werner Becher, CFO David Kenyon