Allwyn AG listed on the Athens Stock Exchange has announced the successful completion of the planned business combination of Allwyn International AG and OPAP, creating the second‑largest listed lottery and gaming operator globally.

The Transaction brings together two highly successful businesses and builds on a long‑standing partnership dating back to 2013, when KKCG Group (“KKCG”) first invested in OPAP.

This platform positions the business to continue to achieve strong organic growth and pursue complementary inorganic growth opportunities, at the same time as delivering attractive returns to shareholders, including material cash distributions.

The completion of the Transaction marks the culmination of a process announced in October 2025. The Transaction was approved by OPAP’s shareholders at its Extraordinary General Meeting in January 2026. OPAP shareholders’ support for the Transaction was further demonstrated by more than 93% of OPAP’s share capital remaining invested in the combined company after the limited exercise of shareholder exit rights.

After Allwyn completes the purchase of shares from shareholders who exercised their cash exit right, which is expected to take place in April, the Company will have 770,799,070 shares outstanding, excluding treasury shares.

Of these, 166,406,223 shares will constitute the free float (representing 22%), with the remaining shares continuing to be held indirectly by the investment firm, KKCG. It remains Allwyn’s intention to pursue an additional listing on another leading international stock exchange, such as London or New York.

The Company confirms its intention to distribute €0.80 per share to shareholders, which will follow completion of the share purchases related to the cash exit right. A scrip option will be available, with further details to be published in due course. As previously announced, the Company expects to redomicile from Luxembourg to Switzerland before the end of the second quarter of 2026.

Commenting on today’s announcement, Karel Komarek, Founder and Chair of Allwyn, and of KKCG, said:“Today, Allwyn moves into a new chapter – one that builds on the momentum that already characterises our business. Over the past 13 years, we’ve shown the significant and sustainable value we create for shareholders, for society, and through the experiences we deliver to players. That progress has been grounded in partnership, trust, and a genuine commitment to innovation. Allwyn has exceptional potential in the rapidly evolving world of consumer entertainment, and we have the strategic clarity, scale, capabilities and ambition to define the future of the industry.”

Robert Chvatal, Allwyn CEO, said: “This is a major strategic milestone for Allwyn, and we start our journey as a publicly listed global leader with a strengthened platform, enhanced financial flexibility and a world-class team. We are very confident that our leading market positions, high degree of diversification, and strong cash generation position us well to drive sustainable growth and continued value creation as we invest in innovation and future opportunities across our markets. I would like to thank our shareholders, employees and regulators for their support as we bring together two best‑in‑class organisations to create the second‑largest listed lottery and gaming operator globally.”