twitter.com/unibetgroup

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1 Q August 2014 Henrik Tjärnström CEO e Possibility to ask questions via [email protected] twitter.com/unibetgroup 2 1

2 Key Report Highlights Financial results Business overview Summary 3 Disposal of Kambi Kambi results are included in Q2 up to 31 May with EBITDA +0.3 MGBP One-off non-cash gain as below: (no effect on free cash flow/dividend capacity) Value of dividend of Kambi shares GBP 56.5 m And net assets of Kambi, adjusted for transaction costs GBP m Result is a one-off gain GBP 35.3 m 4 2

3 Contingent consideration for Betchoice Betchoice acquisition included an earn-out based on 2014 results Earn-out depended on challenging growth targets Australian market composition has changed from Earn-out expected not be paid, and GBP 2.2 m liability has been adjusted to zero 5 Q Key Report Highlights GWR +24% GWR excl FX +33% Underlying EBITDA +38% Underlying EBIT +51% SB margin combined 6.9% 29% of GWR from re-regulated markets In local FX, Nordics >+20% and WE >+60% 6 3

4 World Cup 2014 Once every four year opportunity Over 350 pre-match bet offers on every match LB over 200 bet offers on every match Total T/O GBP 112.5m LB T/O GBP 51.9m 7 World Cup 2014 Pre-match margin 20.7% LB margin 6.7% Combined margin 14.3% June GWR GBP 10.0m July GWR GBP 6.0m Total GWR GBP 16.0m 8 4

5 egaming Review Operator Innovation and Marketing awards Hat-trick of trophies Innovation of the year Innovation in poker New poker platform Poker marketing campaign Poker relaunch campaign 10 5

6 Restatement of GWR and CoS Unibet last reviewed revenue definitions in 2007 Triggered by Kambi disposal logical to benchmark v best practice Improves comparability of Unibet v competitors All prior periods restated on a consistent basis No impact on EBITDA, EBIT, EPS or cash flow 11 Restatement effects Restatement has small impact on product mix Historical mobile numbers reduced by circa 2% Total Q2 Mobile GWR 32%, up from 17% in Q Re-regulation reduced by circa 1% Yearly marketing reinvestment circa 2-3% lower 12 6

7 Unibet ex Kambi effects Kambi external revenue excl from June Commission incl. in CoS Opex reduction of ~7 GBPm per quarter (incl D&A) Depr & Amortisations lowered ~1.2 GBPm Yearly capex investments was ~22 GBPm and now ~17 GBPm 13 Continuing Strong Organic Growth! Q vs Q (underlying numbers) +38% EBITDA 14 7

8 Gross winnings revenue GBPm Q4 Q Q2 Q1 15 Q P&L FX impact v Q Q2 14 Q2 13 Avg rate Avg rate Movement SEK % NOK % EUR % DKK % AUD % GBPm GWR decreased by approx CoS / Opex decreased by approx FX loss on operating items -0.5 FX on borrowings +0.3 PBT FX impact -1.8 As in Q1, GBP strengthened against all major currencies GWR & Cost impact is a pure translation effect realised FX loss was only GBP 0.2m in Q2 16 8

9 Other Costs analysis Excl. Non-recurring items GBP m FY FY Q1 Q2 Reported Other Costs 50,6 52,3 13,5 12,9 Depreciation & Amortisation -17,4-18,9-4,8-4,7 FX gain/(loss) on Opex -1,0-0,6-0,2-0,5 Other Costs post D&A and FX 32,2 32,8 8,4 7,6 Share of GWR (as reported) 14% 12% 11% 10% Share of GWR (excl Kambi) 11% 10% 9% 8% 17 EBITDA (underlying numbers) GBPm Q4 Q3 Q2 Q1 18 9

10 EPS development (underlying numbers) GBP Q4 Q3 Q2 Q

11 Geographic & product balance Gross winnings revenue over time By product, % By geography, % Other Other Casino & Games Poker Live betting Pre-game betting Western Europe CES Nordics Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q Active customers Thousands Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q ,

12 Sportsbetting gross margin Combined % Before free bets Q1 Q2 Q3 Q4 YR Q1 Q2 Q3 Q4 YR Q1 Q2 Q3 Q4 YR After free bets Q1 Q2 Q3 Q4 YR Q1 Q2 Q Q4 YR Q1 Q

13 Almedalen political week Digitalisation and globalisation restructures society as a whole a new scene is set Transparency and flow of information empower consumers - they cannot be steered by politics 4 out of 5 jobs past 20 years created in entrepreneurial growth companies like Unibet Unibet s 17 years experience of the future economy shared with society in Visby

14 Summary Continued strong organic growth ATH in Active Customers, GWR, Mobile revenues and Casino & Games Underlying EBITDA +38% organically Underlying EBIT +51% organically Underlying EPS +47% C Fp Kd M + + V S Mp

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