Published: May 31, 2018

OPAP Q1 growth provides solid start to 2018

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ATHENS, Greece – May 30, 2018 – OPAP S.A. (OPAr.AT, OPAP:GA), the leading gaming operator in Greece,
announces its consolidated financial results for the period ended March 31st, 2018, prepared in accordance with
International Financial Reporting Standards (IFRS).

Revenues (GGR) higher by 5.1% at €377.3m (Q1 2017: €358.9m) due to increased VLTs contribution
and meaningful betting growth.
 Gross Profit (from gaming operations) at €147.9m (Q1 2017: €141.0m) higher by 4.9% y-o-y & in line
with revenue run rate.
 EBITDA at €87.2m up by 11.1% (Q1 2017: €78.5m), helped by ongoing control across all cost lines.
 Net Profit increased at €39.9m (Q1 2017: €33.2m) higher by 20.0%.
 Strong financial position, with Net Debt at €438.9m.
 11,519 VLTs installed at end of Q1 2018 - still targeting c.20k operational machines by end of FY18.
 More than 700 SSBTs installed in Q1, giving total number of c. 2,200 machines at end of Q1 2018.
 Ongoing investment in retail network proceeding - with technology transformation entering final phase.

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