Analyst Day PresentationNovember 2021

Disclaimer 2 This investor presentation (this “Presentation”) is for informational purposes only to assist interested parties in making their own evaluation with respect to the proposed businesscombination (the “Business Combination”) between Sports Entertainment Acquisition Corp. (“SEAH”) and SGHC Limited and its subsidiaries (the “Company”). The information containedherein does not purport to be all-inclusive and none of SEAH, the Company or their respective directors, officers, stockholders or affiliates makes any representation or warranty, expressor implied, as to the accuracy, completeness or reliability of the information contained in this Presentation or any other written or oral communication communicated to the recipient inthe course of the recipient’s evaluation of SEAH or the Company. The information contained herein is preliminary and is subject to change, and such changes may be material. TheCompany’s business is subject to a number of risks that are not described in this Presentation, including those set forth in the description of forward-looking statements below and in theSummary of Risk Factors at the end of this Presentation, which are further described in the registration statement filed by Super Group (SGHC) Limited (“NewCo”) with the SEC on Form F- 4 on September 9, 2021, as amended from time to time (the “Registration Statement”), which contains a preliminary prospectus and proxy statement.This Presentation does not constitute (i) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination or (ii) an offer tosell, a solicitation of an offer to buy, or a recommendation to purchase any security of SEAH, the Company or any of their respective affiliates. You should not construe the contents of thisPresentation as legal, tax, accounting or investment advice or a recommendation. You should consult your own counsel and tax and financial advisors as to legal and related matters concerning the matters described herein, and, by accepting this Presentation, you confirm that you are not relying upon the information contained herein to make any decision.No securities commission or securities regulatory authority in the United States or any other jurisdiction has in any way passed upon the merits of the Business Combination or the accuracy or adequacy of this Presentation.Forward-Looking Statements. Certain statements in this Presentation are forward-looking statements. Forward-looking statements generally relate to future events or SEAH’s or theCompany’s future financial or operating performance. For example, projections of future Gross Gaming Revenue, Net Gaming Revenue, EBITDA and other metrics are forward-lookingstatements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”,“potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Such forward-looking statements are subject to risks, uncertainties and other factorswhich could cause actual results to differ materially from those expressed or implied by such forward looking statements.These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by SEAH and its management, and the Company and its management, asthe case may be, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) the occurrence of any event,change or other circumstances that could give rise to the termination of negotiations and any subsequent definitive agreements with respect to the Business Combination; (2) the outcomeof any legal proceedings that may be instituted against SEAH, the Company, the combined company or others following the announcement of the Business Combination and any definitiveagreements with respect thereto; (3) the inability to complete the Business Combination due to the failure to obtain approval of the stockholders of SEAH, or to satisfy other conditions toclosing; (4) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtainingregulatory approval of the Business Combination; (5) the ability to meet stock exchange listing standards following the consummation of the Business Combination; (6) the risk that theBusiness Combination disrupts current plans and operations of SEAH or the Company as a result of the announcement and consummation of the Business Combination; (7) the ability torecognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and managegrowth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (8) costs related to the Business Combination; (9) changes inapplicable laws or regulations and delays in obtaining, adverse conditions contained in, or the inability to obtain regulatory approvals required to complete the Business Combination; (10)the possibility that SEAH, the Company or the combined company may be adversely affected by other economic, business and/or competitive factors, such as the COVID-19 pandemic; (11)the Company’s estimates of its financial performance, expenses and profitability and underlying assumptions with respect to stockholder redemptions and purchase price and otheradjustments; and (12) PJT Partners Holdings LP, an affiliate of PJT Partners LP, holds Class B Common Stock in SEAH through SEAH’s sponsor, as well as private placement warrants, and as aresult PJT Partners LP may have a potential conflict of interest regarding the Business Combination; (13) other risks and uncertainties set forth in the section entitled “Risk Factors” and“Cautionary Note Regarding Forward-Looking Statements” in SEAH’s final prospectus relating to its initial public offering dated October 5, 2020 and in subsequent filings with the Securitiesand Exchange Commission (“SEC”), including the proxy statement/prospectus relating to the Business Combination filed by NewCo.

Disclaimer (cont’d) 2 Nothing in this Presentation should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not rely on forward-looking statements, which speak only as of the date they are made. None of SEAH, the Company or NewCo undertakes any duty to update these forward-looking statements.Non-IFRS Financial Measures. This Presentation includes certain financial measures not presented in accordance with International Financial Reporting Standards or International Accounting Standards issued or adopted by the International Accounting Standards Board (“IFRS”), including, but not limited to, EBITDA, EBITDA Margin, Adjusted EBITDA, Adjusted EBITDA Margin, Gross Gaming Revenue and Net Gaming Revenue, in each case presented on a non-IFRS basis, and certain ratios and other metrics derived therefrom. These non-IFRS financial measures are not measures of financial performance in accordance with IFRS and may exclude items that are significant in understanding and assessing the Company’s financial results. Therefore, these measures should not be considered in isolation or as an alternative to net income, cash flows from operations or other measures of profitability, liquidity or performance under IFRS. You should be aware that the Company’s presentation of these measures may not be comparable to similarly-titled measures used by other companies.The Company believes these non-IFRS measures of financial results provide useful information to management and investors regarding certain financial and business trends relating to the Company’s financial condition and results of operations. The Company believes that the use of these non-IFRS financial measures provides an additional tool for investors to use in evaluating ongoing operating results and trends in and in comparing the Company’s financial measures with other similar companies, many of which present similar non-IFRS financial measures to investors. These non-IFRS financial measures are subject to inherent limitations as they reflect the exercise of judgments by management about which expense and income are excluded or included in determining these non-IFRS financial measures. Please refer to footnotes where presented on each page of this Presentation or to the Glossary of Terms found at the beginning of this Presentation for a reconciliation of these measures to what the Company believes are the most directly comparable measures evaluated in accordance with IFRS.This Presentation also includes certain projections of non-IFRS financial measures. Due to the high variability and difficulty in making accurate forecasts and projections of some of the information excluded from these projected measures, together with some of the excluded information not being ascertainable or accessible, the Company is unable to quantify certain amounts that would be required to be included in the most directly comparable IFRS financial measures without unreasonable effort. Consequently, no disclosure of estimated comparable IFRS measures is included and no reconciliation of the forward-looking non-IFRS financial measures is included.Use of Projections. This Presentation contains financial forecasts with respect to the Company’s projected financial results, including Net Gaming Revenue and Gross Gaming Revenue, for the Company’s fiscal years 2021 and 2022, as well as long-term guidance. Neither the Company’s independent auditors, nor the independent registered public accounting firm of SEAH, audited, reviewed, compiled or performed any procedures with respect to the projections for the purpose of their inclusion in this Presentation, and accordingly, neither of them expressed an opinion or provided any other form of assurance with respect thereto for the purpose of this Presentation. These projections should not be relied upon as being necessarily indicative of future results. The assumptions and estimates underlying the prospective financial information are inherently uncertain and are subject to a wide variety of significant business, economic and competitive risks and uncertainties that could cause actual results to differ materially from those contained in the prospective financial information, including those references under “Forward-Looking Statements”. Accordingly, there can be no assurance that the prospective results are indicative of the future performance of the Company or that actual results will not differ materially from those presented in the prospective financial information. Inclusion of the prospective financial information in this Presentation should not be regarded as a representation by any person that the results contained in the prospective financial information will be achieved.

Disclaimer (cont’d) 2 Industry and Market Data. In this Presentation, SEAH and the Company rely on and refer to certain information and statistics obtained from third-party sources including reports by market research firms and results of peer companies. Neither SEAH nor the Company has independently verified the accuracy or completeness of any such third-party information. You are cautioned not to give undue weight to such industry and market data.This Presentation may include trademarks, service marks, trade names and copyrights of other companies, which are the property of their respective owners. Solely for convenience, some of the trademarks, service marks, trade names and copyrights referred to in this Presentation may be listed without the TM, SM, (C), (R) or TM symbols, but SEAH and the Company will assert, to the fullest extent under applicable law, the right of the applicable owners, if any, to these trademarks, service marks, trade names and copyrights.Additional Information. In connection with the proposed Business Combination, NewCo filed a Registration Statement with the SEC, which included a proxy statement/prospectus and certain other related documents, which included both the proxy statement to be distributed to holders of shares of SEAH’s common stock in connection with SEAH’s solicitation of proxies for the vote by SEAH’s stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus relating to the offer and sale of the securities of NewCo to be issued in the Business Combination. This Presentation does not contain all the information that should be considered concerning the proposed Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. SEAH’s stockholders and other interested persons are advised to read the Registration Statement, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the proposed Business Combination, as these materials contain important information about the parties to the Business Combination Agreement, the Company, SEAH and the Business Combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed Business Combination will be mailed to stockholders of SEAH as of a record date to be established for voting on the proposed Business Combination. Stockholders will also be able to obtain copies of the Registration Statement, preliminary proxy statement/prospectus, the definitive proxy statement/prospectus and other documents filed with the SEC, without charge, once available, at the SEC’s web site at www.sec.gov.Participants in the Solicitation. SEAH and its directors and executive officers may be deemed participants in the solicitation of proxies from SEAH’s stockholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in SEAH is contained in SEAH’s final prospectus relating to its initial public offering dated October 5, 2020, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants is contained in the proxy statement/prospectus for the proposed Business Combination, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov.The Company’s directors and executive officers may also be deemed to be participants in the solicitation of proxies from the stockholders of SEAH in connection with the proposed Business Combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed Business Combination is included in the proxy statement/prospectus for the proposed Business Combination, which was filed with the SEC and is available free of charge at the SEC’s web site at www.sec.gov.

Today’s Agenda 2 Topic Speakers Introduction and Transaction Summary Eric Grubman, Chairman & CFO (SEAH) John Collins, CEO (SEAH) Business Overview Neal Menashe, CEORichard Hasson, President & COO Our Winning Hand Neal Menashe, CEORichard Hasson, President & COO Product, Marketing & Technology Neal Menashe, CEORichard Hasson, President & COO Behavioral Science & Data Analytics Spencer McNally, Data & Analytics Global Growth Opportunities Neal Menashe, CEORichard Hasson, President & COO Financial Overview Alinda van Wyk, CFOSpencer McNally, Data & Analytics Closing Summary Neal Menashe, CEO Q&A All

Neal MenasheCEO20+ years in the online gaming industryResponsible for the development and execution of the business vision, strategy and growth Richard HassonPresident and COO10+ years in the online gaming industryResponsible for corporate development, strategy and commercial operations Eric GrubmanChairman and CFO of SEAH Designated Chairman of Super GroupRelevant Experience:30+ yearsFormer executive at On Location Experiences (”OLE”), the NFL, and Goldman Sachs John CollinsCEO of SEAHDesignated Board Member of Super GroupRelevant Experience:30+ yearsFormer executive at OLE, NHL, the NFL’s Cleveland Browns, and the NFL Today’s Presenters Super Group Management SEAH Management Alinda van WykCFO 20+ years in the online gaming industryResponsible for financial stewardship including financial affairs, reporting, budget setting and corporate governance Spencer McNallyData & Analytics20+ years in the online gaming industryResponsible for data, analytics and revenue projection 2

Illustrative Gaming Companies Universe Super Group Advantage World-wide Reach and ScaleGroup licensed in 25 jurisdictions with ~3,700 employees and 2.5m+ monthly active customersDual OfferingHigh growth Betway coupled with cash generative SpinDigital DNAAsset-light business model limits capital expenditure and eliminates dependency on footfallProprietary Data Science and TechnologyGuarantees operational excellence enhancing customer acquisition and responsible monetizationHigh Growth and Profitable$350m estimated 2021 EBITDA (23% NGR margin) SGHC is Uniquely Positioned in the Gaming Universe 2

Proposed Transaction Summary 8 1 Assumes no redemptions.2 Based on a per share price of $10.00.3 Post-transaction ownership excludes shares subject to earn-out and warrants. SEAH has agreed to combine with Super Group based on a$4.75 billion pre-money equity valuationAssumes Super Group shareholders receive $465 million cash consideration and $4.29 billion of equity consideration2Transaction to be funded by up to $450 million of cash currently held in trust, and $300 million from Super Group’s balance sheet>70% of Super Group shareholders by value will retain100% of their respective pre-transaction stakesEarn-out award of up to approximately 10% of Super Group roll over equity4 to be granted to Super Group shareholders upon achievement of certain performance hurdlesAfter giving effect to the transaction, the company will have approximately $215 million of unrestricted cash with public equity currency to accelerate growthPro Forma implied EV of $4.64 billion, or 13.3x 2021E Operational EBITDAEstimated closing in December 2021 / January 2022 Illustrative Sources and Uses ($m)1Sources Uses 9.3% 4 Represents Super Group roll over equity assuming earn-out triggers are achieved. Post-Transaction Ownership3Public Shareholders Sponsor 88.4%SGHC Shareholders 2.3% SEAH Cash in TrustSellers’ EquitySPAC Sponsor Shares Existing Balance Sheet Cash $450 Cash to Selling Shareholders 4,285 Sellers’ Equity113 SPAC Sponsor Shares300 Transaction Expenses $465 4,28511370 Cash to Balance Sheet 215 Total $5,148 Total $5,148

Key Investment Highlights Holding company for leading online sports and online gaming with diversified global footprint Proven ability to enter and profitably launch in new markets Proprietary data & analytics engine drives retention and monetization Poised to benefit from strategic entry into the U.S. Globally recognized sports brand with proven marketing and sponsorship strategy Strong financial profile with debt free balance sheet Deep bench of experienced management supported by fully-scaled employee base and long-term shareholders 25 Licensed Jurisdictions (excl. U.S.) $44bn+Wagers / Year1 26Languages Offered 17In-Country Teams Global Sports Brand 65+Betway Brand Partnerships $350m Estimated 2021Operational EBITDA 31% ’20 – ’22 Operational EBITDACAGR (excl. U.S.) 2.5m+Monthly Active Customers 11U.S. Market Access Deals 2 45%+ LTM GGR From Pre-2020Customers1 $53bnTAM at Maturity ~3,700Employees >70%Of shareholding by value not sellingany shares 9 1 2 3 4 5 6 7 12 months ending June 2021.DGC has secured market access deals in up to an initial 11 states, including a temporary license obtained for Arizona. Super Group has executed a definitive agreement to acquire DGC, subject to regulatory approvals and other customary closing conditions.

Neal Menashe, CEORichard Hasson, President & COO Business Overview

Our VisionTo provide first-class entertainment to the worldwide betting and gaming community Our Winning HandWorld-wide focus…to reach as many customers as possibleGlobal sports brand and multi-brand casino…to drive global awarenessData-driven…to make the best possible decisions in real timeCulture…customer centric and responsible 11

Single-brand online sportsbookGlobal footprint & market shareStrategic partnerships with teams and leagues worldwideProfitable and high-growth sports betting offering Multi-brand online casinosEstablished market leadership in high-growth marketsData-led digital and affiliate marketing campaignsRobust free cash flow with potential for further upside Super Group OverviewProviding first-class entertainment to the worldwide betting and gaming community for over 20 years 12

Established Global Footprint with Significant Room to Expand 13 $1.1bn NGR2 22%Europe 48% Americas RoW 18% HighlightsFully scaled operations with ~3,700 employees across 17 in- country teams; product offered in 26 languagesOver $44bn in wagers in the last twelve months1Licensed in 25 jurisdictions (excluding the U.S.)2020 Revenue Mix by GeographyAfrica12% 1. 12 months ended June 2021. 2. See “Reconciliation to Financial Statements in F-4 – NGR.”

$456$418 $622$492 $769 1H19 2H19 1H20 2H20 1H21 14 Net Gaming Revenue1 ($m) Average Monthly Active Customers (m) CAGR 30% Operating at Scale with Continued GrowthSuper Group has strong topline growth driven by global expansion and new customers 0.9 1.1 2.5 1H19 1H20 1H21 CAGR 65% 1. See “Reconciliation to Financial Statements in F-4 – NGR.”

We Are Uniquely Positioned in Global Online Gaming 15 888 Holdings pro forma for announced acquisition of William Hill International.Announced acquisition of Golden Nugget Online Gaming by DraftKings. Pending Transaction2 1888 Digital Only     Global Footprint    Control of Tech Stack      Single Sports Brand     Online Casino Breadth      Profitable      Debt Free    

16 Source: PointsBet, Rush Street Interactive, DraftKings, Entain, Flutter and Kindred based on IBES Consensus estimates as of 09-Nov-2021; Caesars and Penn National Gaming based on research reports as of 09-Nov-2021.Note: 888 Holdings and Betsson AB excluded from diagram as these do not meet required growth, profitability or market access thresholds. We Have a Powerful Combination of Profitability and Growth Companies with >10 U.S. Market Access dealsOnly global gaming company of scale with combination of growth and profitabilitySubstantial cash flow generationwith no debt outstandingGlobal footprint with multiple new market opportunitiesEstablished U.S. market access with proven capability to profitably enter new marketsPoised to benefit from consolidating industry

We Benefit from Strong Industry Tailwinds Regulatory momentum globally, especially in key markets such as the United States, Canada and GermanyShift to mobile and digital gaming accelerated by COVID-19 pandemicGrowing importance of having a strong online casino offering to anchor sports betting offeringsControlling the data, analytics and tech stack that drives our marketing and operations Driving efficient customer acquisition cost through data analytics and behavioral science Increasing focus on profitability and a sustainable financial modelIndustry consolidation and strategic activity; we have a strong, debt-free balance sheet and plan to actively pursue M&A 17

Continuing to Execute on Our Growth Strategy Strong 1H21 Operating and Financial Performance Positive Regulatory Momentum Now Live in Five U.S. States Continued Engagement with Key Brand Partners Launched in More International Markets Continued Investment in Technology and Data Analytics to Drive Outsized Performance 18

Our Winning Hand Neal Menashe, CEORichard Hasson, President & COO

Why Super Group has Grown Organically 20 Digital-only since day oneSingle-brand global sportsbook (10+ years)Multi-brand casino (20+ years)Control of technology stackObsession with data and analyticsUnparalleled understanding of customersROI-driven marketingHighly experienced global workforce •

Digital Pioneers Driven by DataData is the building block of every decision Super Group takes Data & analytics is an integral part of our DNA – it allows us to make the right decisions at the right times in the right markets Robustness: All potential variables and scenarios are considered when making a decision Accuracy: Data is collected in real time using best-in-class technology Uniformity: Decisions across the group are based on the same data 21

Data and Analytics Enhances Customer Experience Customer-level AI identifies customer attributes and provides real time highly personalized offering Data & analytics creates a feedback loop constantly improving offering with every customer interaction 100+ million data points analyzed per day on average Millions of customer data points per day Data and analytics platform Marketing systems Products and offering New and Existing Customers Feedback loop Millions of customer data points per day Feedback loop 22

Constant Optimization of Customer Journey ProductMostly sport ChurnMedium Lifestyle Active DepositMedium Customer DNA Data & Analytics Real-time Personalized Offers Customer SegmentationCustomer-level AI identifies customer attributes and provides personalized bet recommendations Data-Driven Bonus Modelling Real-time, dynamic bonus calculation based on customer behavior BespokeData-driven bonus calculators With data and analytics, we constantly improve the customer journey through better unit economics and decreased churn 23

Super Group is in Control of its Own Technology Stack Super Group owns or has exclusive, long-term partnerships for all its core technology assets in all material markets Control over technology allows alignment in roadmap, country launches and features End-to-end integration of best-in-class technology Web & Mobile UX/UI Ownership In-House Exclusive 3rd party iGaming Platform1 Sportsbook Engine Sports Pricing, Trading and Odds iGaming & Sports Content PAM – Wallet, Accounts, Rewards PAM - Payments SGHC is in control of core technology 24 1. Exclusive, apart from one customer in the UK

Highly Experienced Global Team Operating Locally UK / Europe / RoW Africa / LATAM / CEE Jackpot City Spin Casino Others Super Group’s HQ management team guides the devolved divisionsBetway and Spin Group manage their respective divisions and brandsSupported by centers of excellence (such as behavioral science and marketing) that act as centralized hubs of knowledge and resourcesOur team members have a long tenure and develop specific expertise U.S. Super Group Management Payments People Centers of ExcellenceMarketing Data Technology 25

Product, Marketing & Technology Neal Menashe, CEORichard Hasson, President & COO

Our Products: Betway & Spin 20+ Casino brands Single brand 27

Betway: High Growth Global Sportsbook +197%Monthly Sports Bettors1 28 1. Oct-19 to Oct-21. +129%Increase in Sports Wagering1+313%Number of betsplaced1

29 October 2021At peak timesNet gaming revenue (NGR) from new customers in their second calendar month since acquisition as percentage of NGR from the same customers in their calendar month of acquisition, averaged for all new customers acquired in the 12 months to 30 June 2021. Spin: Best-in-Class Online Casino Content & Monetization 4 Million+Unique Monthly Offers1 ~80,000Bets Placed per Minute2 102%New Customer RevenueRetention Rate3

MGA, athird-party game offered in Spain,is essential for strong performance in that market Global Business with Localized Offerings The African market is dominated by parlay betting and ourin-country teams listen to our customers when deploying new offerings We tailor our products to a variety of environments and preferences with Betway offerings including popular global sports such as cricket 30

Betway & Spin: ~50/50 Revenue Split 31 51% Spin 1. Cash flow conversion defined as Operational EBITDA less interest expense, tax expense and capital expenditures. Betway 49% H1 2021 NGR Contribution of Betway & Spin ~23%H1 2021Operational EBITDA Margin ~88%H1 2021EBITDA to FCF1

Successful and Distinct Approach to Branding and Marketing Customer Demographics Pure sports and esports enthusiastsHybrid customers: sports fans that also enjoy online casinoGlobal and predominantly male customer base Key Channels Online casino customers looking for a premium experienceGlobal customer base and balanced gender demographics Brand Partnerships TV/ATL Affiliates Digital (SEM/PPC/SEO) Retargeting Affiliates Digital (SEM/PPC/SEO) Retargeting TV/ATL The sports-centric Betway brand focuses on brand building and awareness for high growthSpin Group casino brands employ affiliate and digital marketing campaigns to monetize and grow a high-value customer baseThe teams benefit from the buying power of the group and share best practices 32

Betway: Focus on Single Sports Brand Local in Targeting Builds awareness through events in high consumption markets Personal in ApproachEmotional connectivitykey to retention Simple in Messaging Logo-only approach drives brand resonance 33 Global in NatureCreates awareness and trustwith the largest possible audience

Spin: Focus on Digital Marketing SEO – high ranking Google performance for targeted keywords 34 Affiliates – partnerships with key affiliates guarantee top placement ATL – Multiple ATL campaigns with focus on key sporting events

Product Offering Proprietary PAMs and Sportsbooks 3rd Party PAMs and Sportsbooks Proprietary or Exclusively Licensed 3rd Party Own Content 3rd Party Content 3rd Party Integrations Data and Analytics EngineCore Super Group Technology Technology Stack HighlightsProprietary data and analytics engine is overlaid acrossall core technology stacks regardless of ownershipEnsures accuracy, uniformity, and robustness of dataKey to responsible gamblingSuper Group companies operate a mix of own technology and long-term partnerships with leading third-party providers; thisIncreases speed to marketDecreases friction associated with adjusting technology stack to new marketsAgreement with one of the leading gaming software and content providers for the exclusive provision of their sportsbook 35 Super Group is in Control of its Own Technology Stack Super Group Simplified Technology Stack

Betway: Operating Localized Technology Stacks Africa EuropeLong-term, exclusive relationships with third party sportsbook technology providers110-strong trading team that cover 24-hour demand globallyProfitability enhanced through risk management systems – stable ~10% trading margin 2020 Global Sportsbook KPIs1 ~374KIn-Play Events ~7.3MMarkets Offered ~10%Trading Margin Proprietary sportsbook and platform built specifically for the African marketIntegrated to all major local paymentprovidersLocalized offering at scale: 200+ support staff covering 24-hour demand 36 1. Figures exclude Africa.

Behavioral & Data Science Spencer McNally, Data & Analytics

Super Group’s Unique Operational AdvantageSophisticated behavioral science models coupled with best-in-class technology optimize and control the customer experience Data &Analytics Tailored sponsorship and marketing Lower acquisition cost Customized experiences Increased retention, decreased churn New Customer Existing Customer Monetization Acquisition 20+ YearsMost loyal customer years of activity 38 3 – 6 monthPayback period on trackable advertising spend

Evolution of Data AnalyticsSince the 1990s our systems have evolved to responsibly engage customers with optimally entertaining and profitable experiences CustomerSegmentation Personalized Offerings AI & Machine Learning Free-Play Customer Rebates Simple tiered loyalty schemesMonthly cashback and other simple rewards Wide variety of account opening offers, customized by channelBeginnings of customized retention and reactivation offers Deep customer analysis, understanding and evaluationAccurate customer modeling and profitability prediction Real-time analysis to drive real-time offers and interactionsOptimize for responsible engagement and entertainment Using large data sets to drive more efficient process automation and more effective service of customer preferences Innovating and iterating since 1990s Leading the industry since 2000s Best in class since 2010s 39

Our Data Analytics Gives Us Unique Operational AdvantagesData driven, scientific approach to all elements of betting and gaming that has been refined over more than 20 years Full control overstate-of-the art technology Sophisticated BI and analytics supports product & customer experience optimization Personalized customer experience builds a base of high-quality, loyal customers Detailed and extensive data provides insights on the customer lifecycle, supporting real-time, responsible interactions and interventionsHigh-quality, scalable, highly flexible teams with attention to detail and high degree of autonomy, supported by strong centers of excellence 40

…resulting in essentially worthless results for predicting customer profitability “Optimizing” the Customer Journey – Traditional Method > Simplistic Segmentation Product Churn Deposit Device Sport High High iOS Casino Medium Medium Android Mostly Sport Low Low Mostly Casino Sup erficial use of customer attributesallocation into buckets for Simplistic Frequency New Day Day Day Lapsed Re-1 - 8 8 - 30 30+ ActivatedOverly-simplified recency metrics borrowedfrom brick & mortar loyalty schemes Broad Baskets 41 Outcomes Basket 1 Basket 2 Basket 3 Basket 4 Basket 5 Overly-broadcustomer baskets Limited range of simplistic rewards with minimal influence on customer enjoymentLimited influence on customer profitabilityMinimal influence on effective product design or discoveryZero value for responsible gambling

Optimizing the Customer Journey – Effective Method > …resulting in an impressive accuracy in predicting customer profitability Customerdemographics Marketing channels and interactions Financial actions and outcomes Product actions and outcomes Responsible gambling, risk, compliance Other customer actions and responses Real Time Systems Metadata transformation Decision-making Execution and delivery RiskComplianceFraud and others… RGCustomerService Feedback loop Feedback loop Product design anddiscovery Responsible gambling Pricing, offers, rewardsand incentives Messaging Customer Insights Customer Interface Other Systems 42

Bespoke Content and Personalized Delivery Key toresponsible gambling Enhancedcustomer engagement 15 million daily customer- specific recommendations Bet Recommendation Engine Customer-level AI-driven bet recommendations Exclusive & Enhanced ContentProprietary jackpot games Custom MessagingCustomer-level, in-client messagingbased on live triggers 43

Market AMajority of bets are parlays with many legs and high oddsLow in-play wageringLow average bet sizeLow customer lifetime valuesMajority of customers wager on one sport only Our Offerings Are Tailored to Each Market Market BMajority of bets are singles at low to moderate oddsSignificant in-play wageringModerate average bet sizeModerate customer lifetime valuesAverage customer wagers on two sports or more V Localized offering by market 44

Data is Central to Our Safe Gaming StrategyData is used to provide an engaging entertainment experience in a safe and secure environment as well as identify potential issues Deposit LimitsSet deposit limits for any period of time Take A BreakSet a break period from anything from 24 hours to six weeks Session RemindersSet a timer to help limit play Self-ExclusionOption to self-exclude and stop gambling with us altogether 45

Global Growth Opportunities Neal Menashe, CEORichard Hasson, President & COO

Super Group is Poised for Significant Future GrowthOur business model allows us to replicate success in new markets $40 $28 $68 2020 $72 $53 $125 2025E CAGR 10% 1. Proven success in entering new markets20+ years of experience in entering and scaling in new markets 2. High brand awarenessDriven by successful sponsorship and one sports brand approach coupled with multi-brand casino 3. Flexible technologyAdaptable technology stack to capture nuances of individual markets 4. Data driven approachLarge and ever-growing database to tailor experience to constantly evolving customer profiles Global Online Betting and Gaming Revenue (GGR) ($bn)1 Online Gaming Online Betting 47 1. H2 Gambling Capital. Total interactive gaming and betting revenue as of 21-Oct-2021.

Industry Reaction to Regulation Improved public perceptionIntroduction of gaming taxHeightened competitionIncreased marketing expense Lower operation expenses (e.g. processing, software)Increased marketing opportunitiesAttracts larger user baseGrowth in market (TAM)Increased barriers to entry EBITDA Impacts of Regulation Time Increased benefits of regulation outweigh constraints Short-term constraints on EBITDA 48

Strong Tailwinds from New Market Regulation Online Gaming Sports Betting 2016ASpain Worldwide trend towards legalization of betting and gamingBetting traditionally regulated first with gaming followingLegalization of online betting and gaming has led to market expansion in key territoriesOnline Betting and Gaming Revenue (GGR) ($bn)1 $0.4 $3.4 2010AUK 2005A $1.8 $1.1 $5.5 2020A $0.4 $2.9 $8.9 Online betting and gaming regulated in 2005 ~6x TAM growth 5 years post regulation~20x TAM growth to 2020A $0.3 49 1. H2 Gambling Capital. Total interactive gaming and betting revenue as of 21-Oct-2021. Excludes Lotteries. $0.7 $0.2 2011A $0.4 $0.5 $0.5 $0.6 2020A $0.8 $1.2 Online betting and gaming regulated in 2011 ~2x TAM growth 5 years post regulation~3x TAM growth to 2020A

Betway brand live in stateBetway brand due to be live by February 2022Market access agreement in place for the Betway brand pending regulation Replicating Success in the U.S. Super Group has executed a binding, definitive agreement to acquire US-based Digital Gaming Corporation (“DGC”), subject to regulatory approvals and other customary closing conditions; DGC is already licensed in multiple US states and is applying for licenses in others 50 Market access in the US through DGC.Where legally allowed based on local state and provincial regulations. Market access in up to 11 US States1with plans to operate across N. America2 Leverage partnerships with global sportsbrands

Additional Opportunities to Further Scale the CompanyA public listing establishes a U.S. equity currency that will help facilitate additional growth opportunities 51 Tuck-in M&A Strategic Partnerships Enter New Markets Ability to use our public currency to execute on our acquisition strategyAcquire companies with high value technologyAcquire B2C online casino and sports betting companies in key regional markets Commercial comfort for new partnersAbility to offer partners non-cash consideration in commercial deals Leverage brand and successfully penetrate new markets ConsolidatingIndustry Public currency allows Super Group to participate in today’s active M&A environment

Alinda van Wyk, CFOSpencer McNally, Data & Analytics Financial Overview

Continued Strong Momentum in H1 53 GGR$1.08bn Free Cash Flow Conversion88% Monthly Active Customers2.5m+ +34%1H20 – 1H21 +56%1H20 – 1H21 +86%1H20 – 1H21 +18%FY2020 – 1H21 +127%1H20 – 1H21 NGR$769m EBITDA$179m

Exceptional Growth in Active Customers in Recent Years ~186%Increase since Q1 2019 Average Monthly Active Customers (m) 0.9 54 0.9 1.0 1.2 1.3 1.0 1.7 2.1 2.62.4 Q3 2020 Q2 2020 Q3 2019 Q1 2019 Q2 2019 Q4 2019 Q1 2020 Q4 2020 Q1 2021 Q2 2021

Loyal and Engaged Customer Base while Growing 27% 24% 24% 23% 20% 17% 15% 14% 12% 11% 19% 17% 16% 14% 12% 11% 9% 8% 7% 6% 36% 27% 22% 20% 18% 14% 14% 11% 9% 8% 18% 32% 38% 43% 34% 22% 20% 17% 14% 12% 16% 37% 42% 50% 39% 30% 19% 33% 2020 2017 2019 2018 Pre-2017 1Q19 2021 55 2Q19 3Q19 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21 Gross Gaming Revenue (GGR) by Cohort +14%2Q18 – 2Q19 Consistent GGR Growth QoQ +14%2Q19 – 2Q20 +19%2Q20 – 2Q21

$50 $245 Benefits of Operating Leverage Our organic growth is driven by both new and existing markets; we consider all acquisitions, but assume only organic growth1Estimated Net Gaming Revenue ($bn) Estimated EBITDA ($m) 56 Note: Derived from BAU model, excludes DGC and investment in the U.S. Historic numbers reported in EUR and converted to USD at the average monthly exchange rate.Blended yearly EUR:USD of 1.20 (2019), 1.14 (2020), 1.22 (2021 & 2022)1. BAU refers to “business as usual.” Super Group explores potential acquisitions, but BAU model assumes no inorganic growth. $0.9 2021E 2019A 2022E 2020A $1.1 $1.5+ $1.7+ CAGR 25% 29% 35% 13% Super Group % YoY Growth 2021E23%43% 2019A 2020A22%390% 2022E $420+ $350 % of NGR 25%20% % YoY Growth 6% CAGR 103%

Highly Scalable Platform Drives Operating Leverage 57 Line Item Type of Cost %Cost Base Operating Leverage Commentary Direct ExpensesGaming tax, license costs and other taxProcessing & fraud costs Software feesOther Variable 42% - 46% Gaming taxes and license costsSecurity and processing of deposits and withdrawalsSoftware fees paid to content and product providers MarketingAffiliates, non-affiliate marketing, sponsorships / LED Variableand Fixed 31% - 35% Marketing by channel: acquisition, retention, search optimization, digital and affiliates, brand marketing and sponsorships General and Administrative ExpensesStaffTechnology and infrastructureLegal, regulatory, consulting Other operational costs Fixed 21% - 25% Staff costsProfessional service (legal, regulatory audit, licensing)Technology and infrastructure costs

Strong and Efficient Free Cash Flow Conversion 58 Operational EBITDA Less: Interest Expense Debt-free balance sheet with no financing obligations Less: Tax Expense Super Group is domiciled in a low-tax jurisdiction Less: Capex= Mix of third-party and owned technology reduces capex requirements Free Cash Flow Enables pursuit of M&A or return capital to shareholders ~75% cash flow conversion in 20201 1. Cash flow conversion defined as Operational EBITDA less interest expense, tax expense and capital expenditures. Super Group generates strong free cash flow conversion that directly benefits our shareholders ~88% cash flow conversion in H1 20211

Neal Menashe, CEO Closing Summary

60 Global reach and scaleUnique mix of high growth and profitabilityAsset-light business modelData-driven, customer-centric digital businessControl of best-in-class technologyFinancial flexibility with solid balance sheetInstant value creation from the SEAH/SGHC combined team and benefits of public status Investment Summary

Q&A

Appendix

Detailed Pro Forma Share Count 63 Total Capitalization Shares (m) Super Group pre-closing holders1 428.5 Conversion of SEAC common stock2 45.0 Conversion of SEAC warrants3 11.3 Shares issued and outstanding 484.8 Additional Securities Shares (m) Assumption of SEAC warrants4 (strike price: $11.50) 22.5 Earnout shares I (earnout trigger: $11.50)5 11.6 Earnout shares II (earnout trigger: $12.50)5 11.6 Earnout shares III (earnout trigger: $14.00)5 23.3 Total Additional Securities 69.0 1 Assumes Super Group shareholders receive $465m of cash consideration and $4.29bn of equity consideration, based on a $4.75bn pre-money equity valuation and $10 share price.2 5m shares issued in exchange for 45m Class A shares of SEAC issued as part of units in SEAC’s IPO.3 11.3m shares issued in exchange for 11.3 Class A shares of SEAC to be issued immediately prior to the closing of the business combination upon automatic conversion ofSEAC’s outstanding Class B common stock into Class A shares of SEAC.4 22.5m shares issuable on exercise of outstanding SEAC warrants assumed as part of the business combination; each warrant with a strike price of $11.50.5 Payable if, at any time during the period beginning on the date of the business combination agreement and ending on the five year anniversary of the closing, the closing shareprice equals or exceeds the earnout trigger for 20 trading days in any 30 consecutive trading day period.

Financial Information 64 (in $ millions) FY2019A2 FY2020A2 FY2021E FY2022E NGR $874 $1,114 $1,500+ $1,700+ Other Revenue1 43 63 80 83 Total Revenue 917 1,177 1,580+ 1,783+ % NGR Growth 27.5% 34.6% 13.3% Operational EBITDA3 50 245 350 420+ % NGR Margin 5.7% 22.0% 23.3% 24.7% % Growth 390.0% 42.9% 20.0% Note: Derived from BAU model, excludes DGC and investment in the U.S. Historic numbers reported in EUR and converted to USD at the average monthly exchange rate. Blended yearly EUR:USD of 1.20 (2019), 1.14 (2020), 1.22 (2021 & 2022)1. Brand fee.2. Change in NGR and Operational EBITDA from April 2020 Investor Presentation due to audit adjustments.3. Operational EBITDA excludes unrealised FX gains / losses, and exceptional and extraordinary charges not relating to the operations of the business.

Reconciliation to Financial Statements in F-4 – NGR 1 Discrepancies due to rounding error. 65 (in millions) FY2020A H12021A Comments F-4 NGR (EUR) €908 €667 F-4 NGR (USD) $1,040 $804 (+) Entity consolidation or disaggregation 144 11 Investor presentation assumes full year consolidation of all relevant entities into Super Group (+) Audit Adjustments ($6) 2 Relating to the audit and other financial adjustments that were ongoing at the time of publishing initial investor presentation. Bonus adjustments and exclusion of countries not considered part of Super Group going forward strategy (-) Other Revenue ($63) (46) Brand fee. Not part of NGR, albeit part of Revenue Investor Presentation NGR 1,1141 7701 Note: Excludes DGC and investment in the U.S. All values reported in EUR and converted to USD at daily rates, resulting in a 2020 blended yearly weighted-average rate of 1.14 and H1 2021 of 1.21.

Reconciliation to Financial Statements in F-4 – EBITDA 1 Discrepancies due to rounding error. 66 (in millions) FY2020A Comments F-4 EBITDA (EUR) €181 F-4 EBITDA (USD) $206 (+) Entity consolidation or disaggregation 55 Investor presentation assumes full year consolidation of all relevant entities into Super Group (+) Audit Adjustments (1) Relating to the audit and other financial adjustments that were ongoing at the time of publishing initial investor presentation. FX adjustments, net goodwill adjustments, capitalisation of development costs, and exclusion of countries not considered part of Super Group going forward strategy Investor Presentation Operational EBITDA $2591 (+) Audit Adjustments (14) Relating to the audit and other financial adjustments that were ongoing at the time ofpublishing initial investor presentation. Mostly relating to capitalization adjustments Operational EBITDA $245 Note: Excludes DGC and investment in the U.S. All values reported in EUR and converted to USD at daily rates, resulting in a 2020 blended yearly weighted-average rate of 1.19. The rate differs from the weighted-average rate for NGR owing to revenue flows over time being relatively uniform with relatively stable growth, whereas certain significant expenses occur or are accounted for on a more sporadic basis. H12021A not shown as EBITDA not included as part of revised F-4.

Glossary of Terms Term Definition Super Group Holding company for leading global sports betting and gaming business Betway, a premier online sports betting brand, and Spin, a multi- brand online casino offering. All financial and operational metrics are presented on a pro-forma basis to show a like-for-like comparison with forecasts that assume the consolidated group structure as at closing Financial Results Actual results are unaudited. Super Group is in the process of completing full audits which will be finalized before closing of the transaction $ United States Dollar (USD) Wagers Gross dollar value of bets made on Super Group’s various sports and casino platforms GGR Gross Gaming Revenue; Gross dollar value of bets less payouts NGR Net Gaming Revenue; GGR less bonuses, progressive jackpot contributions, VAT and GST Monthly Active Customers Number of unique customers who placed a wager in a month Cohort Customers acquired during a specific period (usually a month) ROI Return on Investment; Current value of investment less cost of investment all divided by cost of the investment DGC Digital Gaming Corporation (‘DGC’) has secured market access deals in up to an initial 10 states.Super Group has executed a definitive agreement to acquire DGC, subject to regulatory approvals and other customary closing conditions 67