LOTTOMATICA S P A : Q1 2026 RESULTS PRESS RELEASE

About this update from Lottomatica Group S.p.a.

LOTTOMATICA GROUP S.P.A. STRONG PERFORMANCE IN Q1 WITH ADJUSTED EBITDA 1 GROWTH OF +22% YOY ON A NORMALISED BASIS 2 . CONTINUED STRONG MOMENTUM IN THE MARKET WITH IGAMING AND TOTAL SPORTS BETS BOTH AT +15% YOY. ADJUSTED EBITDA FY 2026 EXPECTED AT THE TOP END OF THE GUIDANCE 2 RANGE. Rome (Italy) , 6 May 2026 - The Board of Directors of Lottomatica Group S.p.A., which met on 5 th May 2026, approved the Condensed Consolidated Interim Financial Statements as of and for the three months ended 31 March 2026. Q1 2026 consolidated results summary Bets of Euro 12 billion, +11% compared to Q1 2025 Online bets growth YoY of +15% GGR 3 of Euro 1,246 million, +2% compared to Q1 2025 Total Online market share: at 31.8% 4 in Q1 (+1.4 p.p. versus Q1 2025) iSports market share: at 32.5% 4 in Q1 (+0.7 p.p. versus Q1 2025) iGaming market share: at 32.2% 4 in Q1 (+1.9 p.p. versus Q1 2025) Revenues of Euro 602 million 5 , +3% compared to Q1 2025, +10% at normalised payout 2 Online revenues of Euro 265 million, +10% compared to Q1 2025, +17% at normalised payout 2 Sports Franchise revenues of Euro 142 million, -5% compared to Q1 2025, + 11% at normalised payout 2 Gaming Franchise revenues of Euro 195 million 5 , flat compared to Q1 2025 Adjusted EBITDA of Euro 236 million, +7% compared to Q1 2025, Euro 253 million and +22% at normalised payout 2 Operating cash flow 6 of Euro 196 million Adjusted Net Profit 7 of Euro 106 million, +12% compared to Q1 2025 Net financial debt at Euro 2,051 million equivalent to 2.3x on LTM run rate Adjusted EBITDA 8 PWO market shares evolution: Good progression in iGaming market share at 5.5% in Q1 (+0.5 p.p. since the trough in August 2025 , at 5.0%). Half of the market share lost during the migration has been recovered Total Sports (online and franchise) recovered to pre-migration levels at 9.0% ‌1 Adjusted EBITDA is calculated as net profit for the period adjusted for: (i) income tax expense; (ii) finance income and expenses; (iii) share of profit/(loss) of equity accounted investments; (iv) depreciation, amortization and impairments; (v) Adjusted EBITDA (as defined herein) of equity accounted investments in which the Group holds an interest of more than 50% or financial instruments that, if exercised, enable the Group to obtain control (excluding companies that have not yet commenced operations), and/or of businesses disposed of or in the process of disposal; (vi) costs related to M&A, advisory and international activities; (vii) integration costs (including expenses on corporate restructuring, redundancy and higher costs incurred in relation to renegotiated operating contracts); (viii) other income and expenses that, in view of their nature, are not reasonably expected to recur in future periods. This applies to the entire document. ‌2 Calculated assuming a normalised sports betting payout of 80.5% for retail and 85.5% for online. ‌3 Market shares are based on GGR. GGR (or gross gaming revenues) refers to the difference between bet and winnings. This applies to the entire document. ‌ 4 Includes Sportbet and Bgame. ‌5 Includes Cristaltec group revenues of Euro 2.3 million in Q1 2026, consistent with the approach adopted by management to monitor the results of the operating segments (Euro 1.2 million in Q1 2025). ‌6 Operating cash flow is calculated as Adjusted EBITDA net of recurring capex and concession capex. ‌7 Adjusted Net Profit is calculated as net profit for the period adjusted for: (i) amortization of higher value of assets resulting from business combinations following the purchase price allocation process and other non-recurring amortization and depreciation; (ii) other non-recurring costs and income excluded from Adjusted EBITDA, (iii) financial income and expenses that, due to their nature, are not reasonably expected to recur in future periods, (iv) other non-monetary items including in financial expenses and (v) tax effects on such adjustments. ‌8 LTM run rate Adjusted EBITDA is calculated as Adjusted EBITDA for the last twelve months ended 31 March 2026, proforma bolt-ons and the PWO run rate synergies. Successfully priced SSN due 2032 for Euro 765 million in April : the proceeds will be used to fund the redemption of Euro 400 million Floating Rate Senior Secured Notes due 2031 (with run rate interest savings of approximately Euro 5.5 million per annum) and for general corporate purposes, which may include buyback or potential future bolt-on acquisitions. Closing expected on 7 May 2026. Cost of debt now at 4.9% (from 5.3%) Dividend payment confirmed : Euro 0.44 per share, amounting to a total dividend payment of c. Euro 111 million 9 AGM in April authorized to buyback an additional 12.5% of the share capital: up to Euro 1 billion may be returned to shareholders in 2026 and 2027 , including dividends 10 Guidance 2 for fiscal year 2026 confirmed: Adjusted EBITDA expected at the top end of the range. Guglielmo Angelozzi, Chairman and Chief Executive Officer of Lottomatica Group, commented: "In the first quarter of 2026 we continued to see strong momentum of our addressable markets, supporting a double-digit growth YoY in Adj. EBITDA of +22%, on a normalised basis. PWO continues to perform well having fully recovered its market share in total Sports compared to pre-migration levels, and with a good progression in iGaming. We also successfully carried out the refinancing of our FRNs due 2031, lowering our average pre-tax cost of debt to 4.9%. With a positive outlook for FY 2026, we expect to close the FY 2026 Adj. EBITDA at the top end of the guidance and to return up to Euro 1 billion to shareholders in 2026 and 2027, starting this week with the launch of the newly approved buyback programme. Finally, we thank all our shareholders for their continued support." *** Key consolidated results for Q1 2026 Bets by segment (Euro million, %) Q1 2026 Q1 2025 YoY % Online 8,493 7,363 +15% Sports Franchise 1,175 1,046 +12% Gaming Franchise 2,740 2,769 (1%) Total Bets 12,408 11,179 +11% ‌9 The ex-dividend date will be 18 May 2026, with payment on 20 May 2026. ‌10 Based on consensus. In Q1 2026, Lottomatica collected bets for Euro 12.4 billion, +11% compared to Q1 2025. The Online segment continued to grow faster, with bets up +15% compared to Q1 2025. Revenues by segment (Euro thousands, %) Q1 2026 Q1 2025 YoY % Online 264,748 239,816 +10% Sports Franchise 142,438 150,410 (5%) Gaming Franchise 5 195,073 195,511 (0%) Revenues 5 602,259 585,737 +3% YoY @ PO normalised 2 (%) +17% +11% (0%) +10% Revenues amounted to Euro 602.3 million 5 in Q1 2026, compared to Euro 585.7 million in the Q1 2025, with an increase of +3%. Revenues in Q1 2026 at normalised 2 payout were +10% compared to Q1 2025. The Online segment revenues amounted to Euro 264.7 million in Q1 2026, +10% compared to the Q1 2025. The increase was driven by the overall growth of the Online market, as well as an increase in market share across all product segments and brands, partially offset by a sports betting payout in the first three months of 2026 that was overall less favourable than that of the same period of 2025. The Sports Franchise segment reported Euro 142.4 million in revenues in Q1 2026, -5% compared to the same period of previous year mainly due to sports betting payout in the first three months of 2026, which were overall less favourable than those recorded in the same period of 2025. The Gaming Franchise segment revenues reached Euro 195.1 million 5 in Q1 2026, substantially in line with the same period of previous year. Adjusted EBITDA and margin by segment (Euro thousands, %) Q1 2026 Q1 2025 YoY % Online 152,184 57.5% 128,474 53.6% +18% Sports Franchise 35,041 24.6% 45,650 30.4% (23%) Gaming Franchise 48,316 24.8% 46,350 23.7% +4% Adjusted EBITDA 235,541 39.1% 220,474 37.6% +7% YoY @ PO normalised 2 (%) +29% +21% +4% +22% Adjusted EBITDA reached Euro 235.5 million in Q1 2026, +7% compared to Q1 2025. Adjusted EBITDA margin is equal to 39.1% on revenues, compared to 37.6% in Q1 2025. At normalised 2 payout, Adjusted EBITDA was equal to Euro 252.7 million in Q1 2026, +22% compared to Q1 2025. Operating cash flow (Euro thousands) Q1 2026 Q1 2025 Adjusted EBITDA 235,541 220,474 Recurring capex (24,732) (21,292) Concession capex (14,604) (14,793) Operating cash flow 196,205 184,389 Operating cash flow in Q1 2026 was Euro 196.2 million, compared to Euro 184.3 million for the Q1 2025, mainly due to higher Adjusted EBITDA. Net financial debt (Euro million) 31 March 2026 31 December 2025 Gross Financial Debt 2,170.8 2,249.1 EUR 400m FRNs due 2031 400.0 400.0 EUR 500m SSNs due 2030 500.0 500.0 EUR 1,100m SSNs due 2031 1,100.0 1,100.0 Buyback liabilities 96.7 173.4 IFRS 16 (leases) 74.1 75.7 Cash (119.3) (143.9) Net Financial Debt 2,051.4 2,105.2 LTM run rate Adjusted EBITDA 8 891.1 883.8 Net leverage 2.3x 2.4x Net financial debt amounted to Euro 2,051.4 million as of 31 March 2026, equivalent to a net leverage of 2.3x on LTM run rate Adjusted EBITDA 8 . Launch of a share Buy-Back programme Lottomatica Group S.p.A. (" Lottomatica " or the " Company ") announces that starting from 7 May 2026 it will launch a share buyback programme (the " Programme "), pursuant to the authorisation obtained by the Shareholders' Meeting held on 20 April 2026 (valid for a period of 18 months from that date). Such Shareholders' Meeting also revoked, with effect as of 20 April 2026 and only for the portion not yet executed, the previous resolution authorising the purchase of treasury shares adopted on 30 April 2025 (without prejudice to the validity of the related authorisation for future disposal of treasury shares already acquired by the Company). Details of the Programme are provided below in compliance with Article 144- bis , paragraph 3, of Consob Regulation 11971/1999 (the " Issuers' Regulation ") and Delegated Regulation 2016/1052/EU. The Programme will be implemented also within the safe harbour system provided under Regulation (EU) 596/2014 (the " MAR Regulation "). Purpose of the Programme In particular, the Programme is aimed at acquiring shares in order to remunerate the shareholders and meet the commitments deriving from the share incentive plans in place from time to time, it being understood that, should opportunities arise to realise potential acquisitions or other projects that can guarantee attractive returns for the Company that require the use of the Company's cash, the buyback programme may be interrupted or reduced. Operating procedures and trading venues The purchase transactions will be carried out through Goldman Sachs International, as authorised intermediary appointed for the implementation of the Programme, which will operate in full independence in accordance with operational procedures to ensure the equal treatment of the shareholders as established by law or regulations, including European ones, in force and applicable from time to time. In particular, the purchase transactions will be carried out in compliance with the principle of equal treatment of shareholders provided for in Article 132 of the Italian Legislative Decree no. 58 of February 24, 1998 (the " TUF "), in the manner set forth in Article 144- bis , paragraph 1, letters b), c), d), d- ter ), and paragraph 1- bis , of the Issuers' Regulation, and in accordance with Article 5 of the MAR Regulation. Maximum number of treasury shares and maximum outflow The maximum number of treasury shares to be purchased, directly or indirectly, in one or more tranches, will not exceed, in any case, 12.5% of the overall number of the Company's shares outstanding from time to time, pursuant to Article 2357, paragraph 3, of the Italian Civil Code. The maximum potential outflow for the purchase of treasury shares under the Programme is estimated at approximately Euro 700 million. In accordance with Article 2357, paragraph 1, of the Italian Civil Code, purchases of treasury shares must in any case be made within the limits of distributable profits and available reserves resulting from the latest approved financial statements at the time each transaction is carried out. Minimum and maximum purchase price and number of purchased shares The treasury shares shall be purchased under the price conditions specified in Article 3, paragraph 2, of Delegated Regulation 2016/1052/EU. In any case, purchases shall be made at a price that does not diverge downwards or upwards by more than 20% from the official price registered by the Company's shares in the trading session of Euronext Milan on the day prior to the execution of each

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