Lottomatica S.p.A. and a wholly owned subsidiary of Lottomatica Group S.p.A. announced that it has successfully priced ?500.0 million in aggregate principal amount of Floating Rate Senior Secured Notes due 2030 at an issue price of 99.5%, with a coupon equal to the sum of the three-month EURIBOR (subject to a 0% floor) plus 4.00% per year (the "Notes") (the "Offering") that will be exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The Offering is expected to close on December 14, 2023 subject to customary closing conditions. The Notes will mature on December 15, 2030.

The Company also announces that it has obtained additional commitments for revolving cash borrowings under its existing revolving credit facility agreement in an aggregate principal amount of ?50.0 million (the "Revolving Credit Facility Increase"), which are subject to, in addition to certain customary conditions, the consummation of the acquisition of the entire share capital of SKS365 Malta Holding Limited (the "SKS365 Acquisition"). The Company expects to deposit the gross proceeds from the Offering, if completed, into an escrow account and, when released, to use such proceeds together with cash on hand, to (i) fund the consummation of the SKS365 Acquisition, and (ii) pay certain fees, costs and expenses in connection with the SKS365 Acquisition, the Offering (including use of proceeds thereof) and the Revolving Credit Facility Increase. The release of the proceeds from the escrow account is conditioned on the completion of the SKS365 Acquisition, which is expected to be completed during the first half of 2024, subject to customary competition and regulatory approvals.

The Notes are being offered only to (i) persons reasonably believed to be qualified institutional buyers within the meaning of Rule 144A under the Securities Act; and (ii) outside the United States, only to non-U.S. persons pursuant to Regulation S under the Securities Act. The Notes will not be registered under the Securities Act or the securities laws of any State or other jurisdiction of the United States and may not be offered, sold, pledged, taken up, resold, delivered or otherwise transferred except pursuant to an exemption from or, in any transaction not subject to, the registration requirements of the Securities Act.