Allwyn AG (the “Company”) announces that, on 30 March 2026, the board of directors of the Company (the “Board”) approved a special distribution of €0.80 per common share to be paid from the Company’s share premium account (the “Special Distribution”) and the increase of the Company’s share capital to issue, to the extent necessary, additional common shares of nominal value of €0.30 each (the “New Shares”) under the existing authorised share capital. 

The issue price of the New Shares (the “Issue Price”) will be equal to the volume weighted average price (VWAP) of the Company’s common shares over the five trading days ending on the trading day immediately preceding the end of the Election Period (as defined below), i.e., from Monday, 20 April 2026, to (and including) Friday, 24 April 2026. In case of a fractional amount, the Issue Price will be rounded up to two decimal places.

The Company’s share capital increase will be effected, to the extent necessary, up to the amount and to the extent that Eligible Shareholders (as defined below) elect, at their discretion, within a 14-day period starting on Tuesday, 14 April 2026 and ending on (and including) Monday, 27 April 2026 (the “Election Period”) to receive and reinvest in the Company the amount of the Special Distribution corresponding to such shareholders (the “Distribution Entitlement”) in the form of an integer amount of New Shares, either in whole or in part, instead of cash. Should an Eligible Shareholder not submit any election during the Election Period, the Special Distribution will be paid out to such a shareholder entirely in cash.

The amount of New Shares that may be obtained by an Eligible Shareholder (as defined below) will be calculated by dividing (i) the total amount of the eligible shares, held at record date, for which an Eligible Shareholder elects, at its discretion, to receive New Shares by (ii) the relevant Conversion Ratio (the “New Share Calculation”). The “Conversion Ratio” is calculated by dividing the Issue Price by the special distribution amount per share. The Conversion Ratio defines how many eligible shares an Eligible Shareholder should elect in order to receive 1 (one) New Share.

Where the New Share Calculation for an Eligible Shareholder results in a fractional amount, such number will be rounded down to the nearest integer number so that such shareholder receives an integer number of New Shares. Any remaining amount of the Distribution Entitlement of such Eligible Shareholder will be paid to it in cash on the Payment Date (as defined below).

An Eligible Shareholder that does not hold the number of shares required in order to obtain at least one New Share according to the Conversion Ratio, will not be entitled to elect to receive the Special Distribution in the form of New Shares, and will receive the total amount corresponding to the Special Distribution entirely in cash on the Payment Date (as defined below).

In case of partial subscription of the share capital increase of the Company, the New Shares of the Company will not be distributed to third parties or to other shareholders, but the share capital will be increased up to the paid up amount and the Board will amend article 3 of the articles of association of the Company to incorporate the amendments in the share capital of the Company and the number of the New Shares.

The shareholders being eligible to receive the Special Distribution, either in the form of shares, or in cash, or by way of combination of the two options, are the shareholders of the Company being registered in the records of the Dematerialized Security System (“DSS”) on Thursday, 9 April 2026 (record date) (each, an “Eligible Shareholder”). As of Wednesday, 8 April 2026, the shares of the Company will be trading in the Athens Exchange without the right to receive the amount of the Special Distribution (cut-off date).

The payment of the Special Distribution and the admission to trading of the New Shares are expected to take place at the same date, which is expected to be [Monday, 4 May 2026] (the “Payment Date”).

The payment of the Special Distribution will be processed through the paying bank “EUROBANK S.A.”, as follows:

1. Through the operators of the beneficiaries in the Dematerialized Security System (Banks, custodians and securities firms), according to the Athens Stock Exchange Regulation and relevant resolutions.
2. Especially in cases of payment to heirs of deceased beneficiaries, whose securities are kept in the Special Account of their Share in the DSS under the management of Athens Stock Exchange, special distribution payment in cash will be carried out after the completion of the legitimation of their heirs, through "EUROBANK S.A." network for five (5) years from the end of this year (namely, until 31 December 2031).

It is clarified that the right to collect the Special Distribution in cash is prescribed if not collected within a period of five (5) years from the end of the year that the corresponding right was conferred to the beneficiaries (article 250, par. 15, of Greek Civil Code) and that following such term any relevant amount shall be reimbursed to the Hellenic Republic according to article 1 of legislative decree 1195/1942.

For more information, interested parties may contact the Company’s Investor Relations Department, at ir@allwyn.com.

LUXEMBOURG, 2 April 2026

ALLWYN AG