Proposed acquisition of NeoGames and increased on-market share buy-back program

May 15, 2023

Completion of the Acquisition is subject to, among other things, NeoGames shareholder approval and certain regulatory approvals. The Acquisition represents a valuation multiple of approximately 15x NeoGames’ Adjusted EBITDA for the twelve months to 31 December 20232. The NeoGames Board considers the terms of the Acquisition to be fair and has recommended that NeoGames shareholders vote in favour of the Acquisition. About NeoGamesNeoGames is a global leader in content and technology solutions for the online RMG industry. The program will continue to be conducted on an opportunistic basis and Aristocrat reserves the right to vary, suspend or terminate the on-market share buy-back program at any time.