Announcement PDF © 2026 BetMakers Technology Group Limited. Q3 FY26 | 1 BetMakers Technology Group Ltd ABN 21 164 521 395 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q3 FY26 UPDATE The Global Market Leader for Racing Technology Solutions APRIL 2026 www.betmakers.com © 2026 BetMakers Technology Group Limited. Q3 FY26 | 2 DISCLAIMER ______ The material contained in this document is a presentation of general information about the activities of BetMakers Technology Group Limited (the Company or BET) as at 29 April 2026. All monetary figures quoted within this document are in Australian dollars ($AUD) unless otherwise specified. All quarterly figures are unaudited unless otherwise specified. The document is not a prospectus, product disclosure statement or other offer document under Australian law or any other law. The information is provided in summary and does not purport to be complete. You should not rely upon it as advice for investment purposes, as it does not take into account your investment objectives, financial position or needs and does not include all information which an investor may require to assess the performance, risks, prospects or financial position of the Company. These factors should be considered, with or without professional advice, when deciding if an investment is appropriate. To the extent permitted by law, no responsibility for any loss arising in any way (including by way of negligence) from anyone acting or refraining from acting as a result of this material is accepted by the Company, including any of its related bodies corporate. This update contains “forward-looking statements”. These can often be identified by the use of certain words such as “may”, “should”, ”anticipate”, “believe”, “intend”, “estimate” and “expect”. However, any statements which are not based on historic or current facts may be forward-looking statements. Forward-looking statements are based on assumptions regarding the Company’s financial position, business strategies, plans and objectives of management for future operations and development and the environment in which the Company will operate; and current views, expectations and beliefs as at the date they are expressed, and which are subject to various risks and uncertainties. The forward-looking statements contained within the update are not guarantees or assurances of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of the Company, which may cause the actual results, performance or achievements of the Company to differ materially from those expressed or implied by the forward-looking statements. For example, the factors that are likely to affect the results of the Company include: general economic conditions in Australia and globally; exchange rates; competition in the markets in which the Company does, and will, operate; conduct of contracted counter parties; whether and climate conditions; and the inherent regulatory risks in the businesses of the Company. The forward-looking statements contained in this announcement should not be taken as implying that the assumptions on which the projections have been prepared are correct or exhaustive. The Company disclaims any responsibility for the accuracy or completeness of the information contained in this update, including any forward-looking statement. The Company disclaims any responsibility to update or revise any information in this update, including forward-looking statements to reflect any change in the Company’s financial condition, status or affairs or any change in the events, conditions or circumstances on which a statement is based, except as required by law. The data projections or forecasts included in this presentation have not been audited, examined or otherwise reviewed by the independent auditors of the Company. You must not place undue reliance on these forward-looking statements. © 2026 BetMakers Technology Group Limited. Q3 FY26 | 3 HIGHLIGHTS Q3 FY26 Positive Adjusted EBITDA of 3.4M, a $2.2M increase of 186% from the $1.2M in Q3 FY251 . 1 Quarterly Revenue of 23.4M, reflecting 12.6% growth vs PCP. 2 Significant Gross Margin expansion to 67.0%, up from 63.9% in Q3 FY25, driven higher incremental margins. 3 Successful go live of CrownBet during the quarter, and completion of LVDC acquisition on 1 February 2026. 4 1 Adjusted EBITDA is defined as EBITDA adjusted for shared based payment expense and other one-off expenses including restructuring costs, deal costs and employee severance costs. Continuing to progress a qualified pipeline and deliver new deployments. 4 DELIVERING CONSISTENT FINANCIAL PERFORMANCE © 2026 BetMakers Technology Group Limited. Q3 FY26 | 4 MARKET-LEADING COST PER BET EFFICIENT MARGIN REALISATION BetMakers aims to achieve superior cost efficiency by streamlining operations and eliminating intermediaries, creating a more profitable, scalable and sustainable model for our wagering operator partners. Our platform seeks to deliver seamless global trading, risk management and pool connectivity. Driving growth, great customer experience via market leading integrated content and necessary efficiency on promotion and generosity strategies. COMPLETE. CONNECTED. THE WORLD’S RACING ECOSYSTEM BetMakers operates a fully integrated racing ecosystem across Fixed Odds, Tote, and Data. This complete model delivers the full wagering value chain and positions BetMakers to operate in every market worldwide. MISSION OUR GOAL IS TO BECOME THE CENTRAL, INTERCONNECTED PLATFORM FOR HORSE RACING BETTING. © 2026 BetMakers Technology Group Limited. Q3 FY26 | 5 OUR TECHNOLOGY STACK DRIVES OUR COMPETITIVE ADVANTAGE HYBRID / VARIABLE REVENUE MODEL Success based revenue model not reliant on “per-seat” SaaS revenue. A CORE SYSTEM OF RECORD WITH VERTICAL FOCUS A highly resilient tech stack powering critical infrastructure, that handles the end to end life cycle of wagering on racing. REGULATED & LICENSED Licensed in regulated markets globally. Directly integrated with racing governing bodies and rights holders. ORCHESTRATION PLATFORM A deep network of established relationships, integrations, and bespoke data and content specifically tailored for racing. TECHNOLOGY DRIVEN EFFICIENCY Track-record of improving margins through technology. AI-POWERED INNOVATION Years of innovation & racing specific know-how now being accelerated by AI tools and models with access to bespoke data and connections. THE PLATFORM IS HIGHLY SCALABLE AND DESIGNED TO SUPPORT FUTURE GROWTH ACROSS THE INDUSTRY © 2026 BetMakers Technology Group Limited. Q3 FY26 | 6 Q2 FY26 FINANCIAL UPDATE ______ © 2026 BetMakers Technology Group Limited. Q3 FY26 | 7 ➞ Revenue was up 12.6% vs pcp ➞ Initial contributions from LVDC and CrownBet during the quarter. ➞ Additional new customers to launch in Q4 FY26. FINANCIAL UPDATE TECHNOLOGY LED REVENUE GROWTH OF 12.6% VS PCP ➞ Gross Margin was up 3.1pts vs pcp ➞ Digital revenues continue to deliver high incremental gross margin. © 2026 BetMakers Technology Group Limited. Q3 FY26 | 8 ➞ Adjusted EBITDA of 3.4m for the quarter, improved by $2.2m vs pcp. ➞ Technology led operating model supports ongoing optimisation of the Company’s cost base. FINANCIAL UPDATE ADJUSTED EBITDA OF $3.4M FOR THE QUARTER, DRIVEN BY REVENUE GROWTH AND OPERATING LEVERAGE ➞ Operating expenses1 were flat despite 12.6% growth in revenue vs pcp. ➞ Operating expenses for Q3 FY26 include LVDC operating costs since 1 February 2026. 12.6% revenue growth 1 Defined as staff costs and overheads. © 2026 BetMakers Technology Group Limited. Q3 FY26 | 9 ➞ Strong operating cash-flow for the quarter of $2.8m consistent with the prior period. ➞ Unrestricted cash balance only reduced by $0.3m QoQ to $14.8m, despite $0.8m paid during quarter for final purchase consideration for LVDC acquisition. ➞ The Company continues to target consistent free-cash flow generation as the business scales. FINANCIAL UPDATE STRONG OPERATING CASH-FLOW © 2026 BetMakers Technology Group Limited. Q3 FY26 | 10 OPERATING MODEL TECHNOLOGY LED MODEL AND OPERATIONAL DISCIPLINE DRIVE OUR FINANCIAL OUTCOMES ● Adjusted EBITDA has improved by $42m since FY23 and continues to have an upward trajectory into FY27. ● Operating leverage expected to deliver further margin expansion as growth strategy is implemented