betr has lodged a replacement bidder’s statement dated 18 August 2025 (the Replacement
Bidder’s Statement) with PointsBet, ASIC and ASX.

The Replacement Bidder’s Statement replaces the original bidder’s statement lodged by betr with ASIC on 16 July 2025.

The Replacement Bidder’s Statement will be despatched to PointsBet Shareholders on or by 20 August 2025. Once despatch has been completed, betr will release an announcement to the ASX.

The Replacement Bidder’s Statement sets out important information for PointsBet shareholders,
including how to accept the offer, information about betr and the combined business (including key
risks), and detailed information regarding the key reasons why PointsBet shareholders should ACCEPT
the offer, which PointsBet shareholders should read in conjunction with this announcement.