La Française des Jeux : Q1 2024 RevenueInvestor presentation

1st quarter 2024 Revenue

17 April 2024

Q1 2024 Revenue | 17 April 2024

Disclaimer

This document may contain certain forward-looking statements which are based on estimations and forecasts. By their nature, these forward-looking statements are subject to important risks and uncertainties and factors beyond our control or ability to predict, in particular those described in FDJ Registration Document which is available on the website (https://www.groupefdj.com/en/investors/financial-publications.html).

These forward-looking statements should not be considered as a guarantee of future performance, the actual results could differ materially from those expressed or implied by them. The forward-looking statements only reflect FDJ's views as of the date of this document, and FDJ does not undertake to revise or update these forward-looking statements. The forward-looking statements should be used with caution and circumspection and in no event can FDJ and its Management be held responsible for any investment or other decision based upon such statements.

The information in this document does not constitute an offer to sell or an invitation to buy shares in FDJ or an invitation or inducement to engage in any other investment activities.

Q1 2024 Revenue | 17 April 2024

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Q1 2024: highlights

Q1 2024 revenue to €710m, up 7% and 1% on comparable basis, performance in line with internal expectations

Money games* in France revenue of €645m, up 3% despite demanding Q1 2023 comps

Other activities revenue of €65m vs. €37m in Q1 2023, reflecting PLI integration

Online games revenue up >20% to c.15% of total games revenue

Tender offer for Kindred launched February 20th for 39 weeks

Completion remains subject to regulatory authorisations and FDJ's acquisition of at least 90% of Kindred's capital

*: Lottery and Sports betting & online gaming open to competition

Q1 2024 Revenue | 17 April 2024

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Q1 Revenue: €710m; +7.2% reported basis

662

+7.2%710

504

497

+1.4%

									141
			129			+9.5%
							65
			37		+77.4%
		Q1 2023	Q1 2024
		Other activities			Sports betting & online gaming open to competition		Lottery

Q1 2024 Revenue | 17 April 2024

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Lottery

Revenue: €504m, +1%

>+4% excl. Amigo

Instant games: +4%, success of portfolio animation

Ticket d'Or launched early January

Draw games: -3%, unfavourable comps

Amigo relaunch early June 2023 and fully stabilized since

Online lottery: +19% thanks to EuroDreams, instant games and online exclusives

Amigo: average monthly stakes / PoS

-24%

+2%

2022	2023 - post	2024 Q1
	relaunch

+10pts

of online stakes vs. Euromillions & Loto

Q1 2024 Revenue | 17 April 2024

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Sports betting and online gaming open to competition

Revenue: €141m, c.+10%

+1% excl. ZEturf

Unfavourable comps basis	Online sports betting revenue growth >25%

Very positive impact from the world cup in Q1 2023

Reduced and less attractive football calendar vs. Q1 2023

Strong online momentum

Sports betting

Strong poker cross-sell

c.20% of online sports betting players also play poker

Q1 2024 Revenue | 17 April 2024

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Kindred: tender offer launched February 20th for 39 weeks

February 20th: tender offer launched for 39 weeks

Completion remains subject to regulatory authorisations and FDJ's acquisition of at least 90% of Kindred's capital

March 15th: approval of the amendment to Kindred's bylaws to allow a squeeze-out above a 90% capital ownership threshold

March 28th: FDJ has acquired 1.12% of

Kindred's outstanding shares from Veralda at 122.5 SEK per share

Irrevocable agreement from five Kindred shareholders*, representing 26.82% of the capital, to tender their shares

*: Corvex Management LP, Premier Investissement SAS, Eminence Capital, Nordea and Veralda

Q1 2024 Revenue | 17 April 2024

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2024 upcoming communications

General meeting of shareholders

25 April, at 2.30pm CET

Dividend of €1.78 per share with payment on 7 May

H1 results

25 July, after trading hours

Q3 revenue

17 October, after trading hours

Q1 2024 Revenue | 17 April 2024

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Q&A

Q1 2024 Revenue | 17 April 2024

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Thank you

Q1 2024 Revenue | 17 April 2024

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