River Tech p l c : EOY 2021 & Q1 2022 Presentation

ANNUAL PRESENTATION 2021 & Q1 2022

CONTE

CONTENTS

03 04 05 06

DISCLAIMERCEO OVERVIEWBOARD OF DIRECTORSMANAGEMENT TEAM

08 JAN-DEC

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2020 V 2021

REPORTQ1 2021 V 2022 REPORTQUARTER ON QUARTER

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PROJECTS AND STRATEGYPRODUCTS AND SOLUTIONSKPIs

DISCLA

DISCLAIMER

This presentation (the "Presentation") has been produced by River Tech Plc (the "Company") solely for use at presentations to potential investors and other stakeholders. By reading this Presentation or attending any meeting or oral presentation held innrelation thereto, you (the "Recipient") agree to be bound by the following terms, conditions and limitations. The Presentation is for information purposes only and does not in itself constitute, and should not be construed as, an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

Information contained in this Presentation has not been independently verified. None of the Company or any of its parent or subsidiary undertakings or affiliates, or any directors, officers, employees, advisors or representatives of any of the aforementioned (collectively the "Representatives") make any representation or warranty (express or implied) whatsoever as to the accuracy, completeness or sufficiency of any information contained herein, and nothing contained in this Presentation is or can be relied upon as a promise or representation by the Company or any of its Representatives. None of the Company or any of its Representatives shall have any liability whatsoever (in negligence or otherwise) arising directly or indirectly from the use of this Presentation or its contents, including but not limited to any liability for errors, inaccuracies, omissions or misleading statements in this Presentation. The Recipient will be required to conduct its own analysis and acknowledges and accepts that it will be solely responsible for its own assessment of the Company, the market, the market position of the Company, the Company's funding position, and theresults may vary materially from those described in this Presentation. An investment in the Company is suitable only for investors who understand the risk factors associated with this type of investment and who can afford a loss of all or part of their investment.

This Presentation speaks as at the date set out on its front page. Neither the delivery of this Presentation nor any further discussions of the Company with the Recipient shall, under any circumstances, create any implication that there has been no change in the affairs of the Company since such date. The Company assumes no obligation to update or revise the Presentation or disclose any changes or revisions to the information contained in the Presentation.

The contents of this Presentation shall not be construed as financial, legal, business, investment, tax or other professional advice. The Recipient should consult its own professional advisers for any such matter and advice.

This Presentation contains certain forward-looking statements relating to inter alia the business, financial performance and results of the Company and the industry in which it operates. Any forward-looking statements contained in this Presentation, including assumptions, opinions and views of the Company or cited from third party sources, are solely opinions and forecasts and are subject to risks, uncertainties and other factors that may cause actual results and events to be materially different from those expected or implied by the forward-

The Company has not authorized any offer to the public of securities, or has undertaken or plans to undertake any action to make an offer of securities to the public requiring the publication of an offering prospectus, in any member state of the European Economic Area which has implemented the EU Prospectus Directive 2003/71/EC.

In the event that this Presentation is distributed in the United Kingdom, it shall be directed only at persons who are either "investment professionals" for the purposes of Article 19(5) of the UK Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or high net worth companies and other persons to whom it may lawfully be communicated in accordance with Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "Relevant Persons"). Any person who is not a Relevant Person must not act or rely on this Presentation or any of its contents. Any investment or investment activity to which this Presentation relates will be available only to Relevant Persons and will be engaged in only with Relevant Persons.

This Presentation does not constitute an offer of securities for sale into the United States. The securities described herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold within the United States, absent registration or under an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. In the United States, the securitiespotential future performance of the Company's business and securities. looking statements. None of the Company or any of its Representatives described herein will (if offered) be offered only to qualifiedThe Company has not authorized any other person to provide Recipients with any other information related to the Company and the Company will not assume any responsibility for any information other persons may provide.

An investment in the Company involves risk, and several factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by statements and information in this Presentation, including, among others, risks or uncertainties associated with the Company's business, segments, development, growth management, financing, market acceptance and relations with customers, and, more generally, general economic and business conditions, changes in domestic and foreign laws and regulations, taxes, changes in competition and pricing environments, fluctuations in currency exchange rates and interest rates and other factors. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actualprovides any assurance that the assumptions underlying such forward-looking statements are free from errors nor do any of them accept any responsibility for the future accuracy of opinions expressed in this Presentation or the actual occurrence of forecasted developments.

None of the Company or any of its Representatives have taken any actions to allow the distribution of this Presentation in any jurisdiction where action would be required for such purposes. The Presentation has not been registered with, or approved by, any public authority, stock exchange or regulated market. The distribution of this Presentation, as well as any subscription, purchase, sale or transfer of securities of the Company, may be restricted by law in certain jurisdictions, and the Recipient should inform itself about, and observe, any such restriction. Any failure to comply with such restrictions may constitute a violation of the laws of any such jurisdiction. None of the Company or any of its Representatives shall have any responsibility or liability whatsoever (in negligence or otherwise) arising directly or indirectly from any violations of such restrictions.

institutional buyers ("QIBs") within the meaning of, and as defined in, Rule 144A under the Securities Act. Outside the United States, the securities described herein will (if offered) be offered in accordance with Regulation S under the Securities Act to non-U.S. persons (as defined in Regulation S).

This Presentation is subject to Norwegian law, and any dispute arising in respect of this Presentation is subject to the exclusive jurisdiction of Norwegian courts

CEO OVER

CEO OVERVIEW

LUKE CIANTAR

River Tech - Bring your ideas to life

To be presented with the fantastic opportunity of serving as the new CEO of River Tech is both an honour and a privilege. Joining the company was the best career decision I ever made and I am delighted to have been promoted at such an exciting juncture for the company.

I would like to thank David for his commitment and time, having instilled an extremely solid and progressive base I plan to build on into the future.

During the course of 2021 we paid in full our expiring obligations. In addition to that by the end Q1 2022, we have paid down €7 million of our outstanding loan through the liquidity generated by operations. Our partners Tech4s Group have extended their contract and increased their financial commitment toward River Tech and the services we provide.

Record profits in Q1 provides the Group with the momentum needed for further growth and expansion.

We have again managed to exceed our budgeted targets and continue to grow our revenue, quarter on quarter. This has been achieved whilst we continue to manage our costs.

Through the new appointments we have announced, the Group is seeking to continue delivering on its promise to investors of pursuing and strengthening its preparedness for becoming a world-class B2B technology partner and provider. Alongside the expertise brought to bear by the new team, we have also installed an improved structure and governance across all verticals.

The continued investment we have made in our team is essential to our expansion, which necessitates an increase across our skill sets. We have introduced remote training and working regimes that will help us further grow our Malta, Gozo and Poland hubs and we plan to launch into other countries as soon as the opportunity arises.

BOARD OF DIRECTORS

River Tech Plc's board of directors have more than 60 years' experience between them.

KENT STAAHLE

FABIAN QVIST

KATHLEEN ZARB ADAMI

DIRECTOR

CHAIRMAN

DIRECTOR

Kent Staahle joined the board of River Tech in 2017. He has extensive experience and a proven track record of delivering results in several sectors including finance, banking and business development, alongside more than 15 years of management and the incorporation of effective business structures.

Kent Staahle is a graduate of BI Norwegian Business School.

Fabian Qvist joined River Tech Plc as chairman in February 2018. In the last 16 years has held board positions and had a distinguished career in value creation across several public and private companies including Airwing, Gobi Technologies, Adnuntius, CoolBet, BOA, Extra Optical and Grid. He also serves as Head of Investments at the Klein Group.

Fabian Qvist has extensive experience with debt capital markets, fixed income and equity sales spending more than a decade at independent financial services provider Arctic Securities. Prior to that he worked within the corporate finance team at Barclays Capital in London and holds an MSc in Economics and Business from the Stockholm School of Economics.

Kathleen Zarb Adami joined River Tech Plc in February 2018. As a trained and practising lawyer and Associate Partner at International Management Services (IMS) in Malta Kathleen Zarb Adami has been involved in setting up, executing and managing transactions involving multinational groups across various sectors, with a focus on gaming law and the financial services sectors. She is a graduate of the University of Malta.