CIRSA earned 164 million euros in operating profit in the first quarter of 2024

  • The execution of the company’s strategic plans has allowed its operating profit to improve by
    8.6% compared to the first quarter of 2023.
  • The company incorporates 7 new casinos in Colombia and opens operations with Sportium in
    Puerto Rico.
  • The company has published its new ESG 2023 report, which includes its commitments and
    results in terms of environmental protection, social responsibility and governance.

Terrassa, May 23, 2024.– CIRSA, a leading multinational in gaming and entertainment and the first
company in the sector in Spain, generated 513 million euros in operating revenues and an
operating profit of 164 million euros in the first quarter of 2024, once again beating its best
quarterly records.

These results confirm the solid growth trend of the company’s business thanks to its strategy of
focusing on key markets and continuously improving the offer and quality of service. They
represent an improvement in operating income of 6.3% and operating profit of 8.6% compared to
the first quarter of 2023.

Additionally, the company has recently published its new ESG 2023 report, which includes CIRSA’s
commitment to growing its business in a responsible and sustainable manner, as well as the
strategic lines of action in terms of environmental sustainability, social responsibility and
governance for the future. The report uses both the Global Reporting standards Initiative (GRI), as
well as the ESRS (European Sustainability Reporting Standards) regarding materiality analysis. The
Report and other ESG-related materials can be found on the Company’s website at

Highlights of the first quarter of 2024

The results of the Casinos division during the first quarter of 2024 continue the good trend thanks
to the improvement in results in all the countries present compared to the previous year. The
roadmap outlined in recent years involves the renewal of the machines footprint, the casino
facilities, where we have begun to remodel more than 10 sites during this quarter, as well as the
strict execution of the commercial plans and cost control policies. In line with our multi-channel
strategy, we also promote Sportium’s online offer in our casinos in regulated markets. During this
quarter, 7 new casinos in Colombia have joined the group, adapting them to the group’s quality
and service standards to improve customers’ entertainment experience.

In the first quarter of 2024, the good results of the division stem from the continuity of the
commercial plans focused on attracting the most suitable points of sale for recreational games
and the offer of the most suitable product for each customer. The successful evolution of the
Manhattan platform and the success in incorporating new games have contributed significantly
to the success of this strategy.

The activity in the industrial area continues at a very good pace thanks to the great success of the
launches of new models such as Manhattan Boom and Hit the link Bar for the Bars and
Restaurants channel, and Pyramid Cash in the Gambling Halls channel. Inflation in raw materials
and components costs has stabilized, and supply chain delivery times have normalized. In the
Interactive area, specialized in gambling halls management systems, the growth of Forward
Systems installations throughout Spain continued at a solid rate.

In Italy during the first quarter we have observed a significant improvement in Revenue and
Ebitda largely thanks to the incorporation of the Modena Giochi operator in the second quarter
of 2023 and the positive results of the product turnover plan.

The redesign of the premises and the reorganization of the machines footprint has borne positive
results and continuity in the results, strengthening the betting areas and consolidating volumes.

The online gaming and sports betting division significantly increased its betting volumes
compared to the same period last year, although it suffered from lower margins as a common
trend in the sports betting sector across Europe. The division continues to grow and strengthen
its multichannel strategy, now in 8 countries (with the recent addition of Puerto Rico). In
February, the activation of the exclusive sponsorship of the Kings League America kicked off, a
sports property with a multi-jurisdictional impact, which joins the regional sponsorship of
Manchester City with which the brand has been linked since 2022.