DraftKings Results Presentation Deck

4 NEW JERSEY EXPECTED TO ACHIEVE 38% CONTRIBUTION MARGIN (% of Net Revenue) 100% Net Revenue (18)% Taxes ILLUSTRATIVE NEW JERSEY UNIT ECONOMICS (EXPECTED YEAR 5) (15)% Platform (10)% Processing Note: Figures may not foot due to rounding and are displayed as percentage of net revenue. (7)% Revenue Share By Year 5, marketing spend rationalizes, allowing for 38% contribution margin 50% Gross Margin (13)% External Marketing 38% Contribution Margin | 21

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