Allwyn International is pleased to announce that the Extraordinary General Meeting of OPAP’s shareholders, held in Athens on 7 January 2026, approved the steps required to implement the re-domiciliation of OPAP to Luxembourg and the business combination transaction with Allwyn as set out in OPAP’s 8 January 2026.

Transaction and the subsequent re-domiciliation to Switzerland are subject to the satisfaction of certain closing conditions.

These include regulatory approvals, including but not limited to the approval of the Hellenic Gaming Commission, which was received in December 2025; other customary closing conditions; and the condition that shareholders who voted against the cross-border conversion and validly exercise their resulting cash exit right may not represent more than 5% of OPAP’s total share capital (which can be waived by both parties acting jointly).

In that respect, the Boards of Allwyn and OPAP aspire to see the lowest possible percentage of cash redemptions, enabling the further strengthening of OPAP’s long-standing partnership with Allwyn and KKCG through the exchange of interests in OPAP for a shareholding in Allwyn.

The cross-border conversion is expected to be completed within approximately three months of the EGM and the cash compensation shall be paid to relevant shareholders who exercise the exit right within one month from the date on which the cross-border conversion becomes effective.

Shareholders who exercise the exit right for part or all of their shareholding will be unable to transact in the associated shares during this period and such shares will not be eligible to receive the dividend payment of €0.80.