SAZKA Group a.s. Announces Pricing of Bond Issue

12 November 2019

The Bonds priced at 100% with a coupon of 4.125% per annum, payable semi-annually.

The proceeds will be used to repay and cancel certain existing debt and to pay transaction fees and expenses.

**Peter Stohr, SAZKA Group Chief Financial Officer said: **“I am really pleased to announce the pricing of this bond. This bond is a testament to SAZKA Group’s strong financial fundamentals and highly cash generative business model. SAZKA Group has a proven track record as Europe’s leading lottery operator and today’s successful bond issue reflects investors’ confidence in our business.”

The offering’s issue date is 15 November 2019.

Description of the Issuer

The Bonds will be issued by SAZKA Group a.s., an entity 100% owned by KKCG. KKCG, founded in 1992 by Karel Komarek, is a multinational investment group specializing in long-term actively-managed investments. SAZKA Group is one of the largest pan-European lottery operators supported by iconic and long-established brands and a long history of operations in the Czech Republic, Greece and Cyprus, Austria and Italy. 100% of its gaming activities are regulated. SAZKA Group’s businesses operate under long-term and, in many cases, exclusive licenses and concessions, which have allowed them to enjoy leading and, in many cases, exclusive positions in all the markets in which they are present. SAZKA Group is strongly committed to responsible gaming principles, the protection of its customers and corporate social responsibility.

Investor and Media contact

Radek Nemecek

T: +420 727 982 885

E: [email protected]

The Bonds will be offered in a private placement only to qualified institutional buyers pursuant to Rule 144A and non-U.S. persons pursuant to Regulation S under the U.S. Securities Act of 1933 (the “Securities Act”), subject to prevailing market and other conditions. There is no assurance that the offering will be completed or, if completed, as to the terms on which it is completed. The Bonds have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy the Bonds, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which, or to any person to whom, such offer, solicitation or sale would be unlawful.

**MiFID II professionals/ECPs-only / No PRIIPs KID **– Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail in EEA.

This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”). The offer and sale of the Bonds will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities.

In the United Kingdom, this announcement is being distributed to, and is directed at, only (a) persons who have professional experience in matters relating to investments who fall within the definition of “investment professionals” in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”); (b) high net worth companies, and other persons to whom it may otherwise lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order; or (c) persons to whom an invitation or inducement to engage in an investment activity (within the meaning of Section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as “relevant persons”). The investments to which this announcement relates are available only to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such investments will be available only to or will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Persons distributing this announcement must satisfy themselves that it is lawful to do so.

Statements in this press release which are not historical facts are forward-looking statements. All forward-looking statements involve risks and uncertainties which could affect the actual results of SAZKA Group a.s. and could cause its actual results to differ materially from those expressed in any forward-looking statements made by, or on behalf of, SAZKA Group a.s.

The distribution of this announcement may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of any such jurisdiction.

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