# EDGAR Filing Document

**Accession Number:** 0001619762
**File Stem:** 0001619762-23-000011
**Filing Date:** 2023-2
**Character Count:** 88340
**Document Hash:** 95ab13418dfdb8c46bb0f07fd2758100
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001619762-23-000011.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001619762-23-000011

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 59

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** International Game Technology PLC
- **CENTRAL INDEX KEY:** 0001619762
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
- **IRS NUMBER:** 981193882
- **STATE OF INCORPORATION:** X0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36906
- **FILM NUMBER:** 23678281

**BUSINESS ADDRESS:**
- **STREET 1:** 10 FINSBURY SQUARE
- **STREET 2:** THIRD FLOOR
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** EC2A 1AF
- **BUSINESS PHONE:** 44 (0) 20 7535 3200

**MAIL ADDRESS:**
- **STREET 1:** 10 FINSBURY SQUARE
- **STREET 2:** THIRD FLOOR
- **CITY:** LONDON
- **STATE:** X0
- **ZIP:** EC2A 1AF

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Georgia Worldwide PLC
- **DATE OF NAME CHANGE:** 20141002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Georgia Worldwide, PLC
- **DATE OF NAME CHANGE:** 20140917

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 6-K**

**REPORT OF FOREIGN PRIVATE ISSUER**

**PURSUANT TO RULE 13a-16 OR 15d-16 OF THE**

**SECURITIES EXCHANGE ACT OF 1934**

**For the month of February 2023**

**Commission File Number 001-36906**

**INTERNATIONAL GAME TECHNOLOGY PLC**

(Translation of registrant's name into English)

**10 Finsbury Square, Third Floor** 

**London EC2A 1AF** 

**United Kingdom**

(Address of principal executive offices)

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| | | | | |
|:---|:---|:---|:---|:---|
| Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: | Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: | Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: | Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: | Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: |
| Form 20-F | ☒ | Form 40-F | ☐ |  |
| Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): | ☐ |
| Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): | Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): | ☐ |

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**Fourth Quarter and Full Year 2022 Results of International Game Technology PLC** 

On February 28, 2023, International Game Technology PLC (NYSE:IGT) (the "**Company**") reported results for the fourth quarter and full year ended December 31, 2022.

On February 28, 2023, the Company also announced that the Board of Directors declared a quarterly cash dividend of $0.20 per share on its ordinary shares. The dividend is payable on March 28, 2023 to holders of record as of the close of business on March 14, 2023.

A copy of the news release relating to the above matters is set forth in Exhibit 99.1, which is being furnished herewith. In addition, a slide presentation relating to the results is set forth in Exhibit 99.2, which is being furnished herewith.

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| | |
|:---|:---|
| **Exhibit**<br>**Number** | **Description** |
| <u>[99.1](igtq422earningspressrele.htm)</u> | <u>[News Release "International Game Technology PLC Reports Fourth Quarter and Full Year 2022 Results" dated February 28, 2023.](igtq422earningspressrele.htm)</u> |
| <u>[99.2](q422slidedeckfinal.htm)</u> | <u>[Presentation "International Game Technology PLC 2022 Fourth Quarter and Full Year Results period ended December 31, 2022," dated February 28, 2023.](q422slidedeckfinal.htm)</u> |

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**EXHIBIT INDEX**

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| | |
|:---|:---|
| **Exhibit**<br>**Number** | **Description** |
| <u>[99.1](igtq422earningspressrele.htm)</u> | <u>[News Release "International Game Technology PLC Reports Fourth Quarter and Full Year 2022 Results" dated February 28, 2023.](igtq422earningspressrele.htm)</u> |
| <u>[99.2](q422slidedeckfinal.htm)</u> | <u>[Presentation "International Game Technology PLC 2022 Fourth Quarter and Full Year Results period ended December 31, 2022," dated February 28, 2023.](q422slidedeckfinal.htm)</u> |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
| Date: February 28, 2023 | **INTERNATIONAL GAME TECHNOLOGY PLC** | **INTERNATIONAL GAME TECHNOLOGY PLC** |
|  | By: | /s/ Pierfrancesco Boccia |
|  |  | Pierfrancesco Boccia |
|  |  | Corporate Secretary |

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## Exhibit 99.1

![](igtq422earningspressrele001.jpg)

NEWS RELEASE INTERNATIONAL GAME TECHNOLOGY PLC REPORTS FOURTH QUARTER AND FULL YEAR 2022 RESULTS Fourth Quarter 2022 Financial Performance Exceeded High End of Outlook: • Revenue of $1.1 billion propelled by 7% same-store sales growth in Global Lottery, a 21% increase in Global Gaming revenue, and record contribution from PlayDigital • 24% increase in operating income to $230 million; operating income margin of 21%, up 340 basis points vs. PY on substantial increase in Global Gaming and PlayDigital profitability Full Year 2022 Financial Performance Met High End of Outlook: • Revenue of $4.2 billion, up 3% as reported and 8% at constant currency, driven by strong Global Gaming and PlayDigital growth • Record operating income of $922 million; 22% operating income margin includes significant Global Gaming improvement • Delivered $899 million in cash from operations and $582 million in free cash flow on strong performance and disciplined management of invested capital • Reduced net debt by $771 million; leverage improves nearly a half turn to 3.1x • Returned a record $276 million to shareholders • Expect full year 2023 revenue of $4.1 - $4.3 billion with operating margin of 21% - 23%; first quarter 2023 revenue of approximately $1.0 billion with operating margin of 22% - 24% LONDON – February 28, 2023 – International Game Technology PLC ("IGT") (NYSE:IGT) today reported financial results for the fourth quarter and full year ended December 31, 2022. Today, at 8:00 a.m. EST, management will host a conference call and webcast to present the results; access details are provided below. "We achieved all our financial goals last year while strengthening product leadership positions across our Global Lottery, Global Gaming, and PlayDigital activities," said Vince Sadusky, CEO of IGT. "Important strategic work executed over the last few years has transformed IGT into a company with higher growth prospects, a better profit profile, and a solid path to delivering on our long-term goals. It has also enabled record capital returns to shareholders in 2022. We enter 2023 from a position of strength with good momentum across business segments." "2022 was another year of significant financial accomplishments," said Max Chiara, CFO of IGT. "With reduced interest expense and improvements to the effective tax rate, 2022 adjusted EPS highlights IGT's significantly improved earnings power. We generated strong cash flow while funding increased investments for future growth. This, coupled with proceeds from sales of non-core businesses, allowed us to meaningfully reduce debt and leverage to the lowest levels ever. The Company's enhanced credit profile and significant liquidity provide solid support and flexibility as we execute our multi-year plan." 1

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Overview of Consolidated Fourth Quarter and Full Year 2022 Results Quarter Ended Y/Y Change (%) Constant Currency Change (%) Year Ended Y/Y Change (%) Constant Currency Change (%) All amounts from continuing operations December 31, December 31, 2022 2021 2022 2021 (In $ millions, except per share amounts) GAAP Financials: Revenue Global Lottery 639 687 (7)% (3)% 2,593 2,812 (8)% (2)% Global Gaming 389 321 21% 24% 1,423 1,112 28% 30% PlayDigital 65 42 56% 63% 209 165 27% 32% Total revenue 1,093 1,050 4% 8% 4,225 4,089 3% 8% Operating income (loss) Global Lottery 216 217 —% 6% 909 1,088 (16)% (10)% Global Gaming 68 36 89% 91% 242 43 462% 471% PlayDigital 17 5 239% 256% 50 33 51% 54% Corporate support expense (30) (33) 7% (5)% (121) (104) (16)% (30)% Other(1) (41) (39) (3)% (4)% (158) (158) —% (1)% Total operating income 230 186 24% 30% 922 902 2% 9% Operating Income margin 21% 18% 22% 22% Net cash provided by operating activities 278 396 (30)% 899 1,010 (11)% Cash and cash equivalents 590 591 —% 590 591 —% Earnings per share - diluted $(0.32) $0.09 NA $1.35 $0.31 335% Non-GAAP Financial Measures: Adjusted EBITDA Global Lottery 318 336 (5)% —% 1,314 1,545 (15)% (8)% Global Gaming 101 66 54% 56% 365 173 111% 114% PlayDigital 22 9 149% 159% 68 48 41% 44% Corporate support expense (23) (24) 4% (12)% (83) (80) (3)% (21)% Total Adjusted EBITDA 419 387 8% 13% 1,664 1,686 (1)% 4% Adjusted EBITDA margin 38% 37% 39% 41% Adjusted earnings per share - diluted $0.40 $0.13 208% $1.99 $1.16 72% Free cash flow 187 326 (43)% 582 771 (25)% Net debt 5,150 5,922 (13)% 5,150 5,922 (13)% (1) Primarily includes purchase price amortization Note: Reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures are provided at the end of this news release Fourth Quarter and Full Year 2022 Key Highlights: • Awarded multiple Lottery facilities management contract extensions including a four-year extension in New York, seven years in Georgia, 20 years in Rhode Island, and three years in Missouri; won a 10-year instant ticket printing and services contract in Texas • Named "Lottery Supplier of the Year" at 2022 SBC Awards North America 2

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• Won several Gaming industry awards including "Land-Based Product of the Year" at 2022 Global Gaming Awards, "Best Slot Product" at 2022 GGB Gaming & Technology Awards, and four awards including "Best Slot Machine" and "Best New Innovative Product" at The Casino Awards 2022 • Extended cashless momentum with several deployments including an enterprise-wide adoption of Resort Wallet and IGTPay at Station Casinos • Launched high-performing IGT PlayCasino games in West Virginia, expanding digital footprint to five U.S. states, and in Ontario, as market expands to include commercial operators • Completed sale of Italian commercial services businesses; net proceeds used to reduce debt • Completed acquisition of iSoftBet; a leading iGaming content provider and third-party aggregator • Received BB+ Long-Term Issuer rating from Fitch with a stable outlook and an investment grade senior secured debt rating of BBB- in February 2023 • Achieved sector-leading ESG score from Moody's ESG Solutions; recognized as the top-ranking gaming supplier by the All-In Diversity Project (AIDP) • Joined the Science Based Targets initiative (SBTi), officially pledging to set targets to reduce greenhouse gas emissions Fourth Quarter 2022 Financial Highlights: Consolidated revenue of $1.1 billion increased 4%, or 8% at constant currency, from $1.0 billion in the prior-year period • Global Lottery revenue of $639 million, down 7% as reported and 3% at constant currency, as strong multi-jurisdiction jackpots and product sales were offset by impact of Italian commercial services sale • Global Gaming revenue increased 21% to $389 million, with robust double-digit growth across service and product sale revenue streams • Record PlayDigital revenue of $65 million compared to $42 million in the prior year, propelled by iGaming with organic growth, market expansion, and contributions from iSoftBet acquisition Operating income of $230 million, up 24% as reported and 30% at constant currency, from $186 million in the prior year • Global Lottery operating income of $216 million, stable as reported and up 6% at constant currency, on high profit flow-through of same-store sales growth • Global Gaming operating income increased 89% to $68 million on significant operating leverage partially offset by higher supply chain costs; record operating income margin of 18% • Record PlayDigital operating income of $17 million, up 239% on strong revenue growth, lower jackpot expense, and despite increased investments in talent, research and development, and iSoftBet integration costs • Corporate support and other expense of $71 million compared to $72 million in the prior year Adjusted EBITDA of $419 million, up 8% as reported and 13% at constant currency, from $387 million in the prior year; reflects strong profit growth in Global Gaming and PlayDigital and a significant contribution from Global Lottery Net interest expense of $66 million, down from $77 million in the prior year on lower average debt balances Foreign exchange loss of $95 million versus a gain of $4 million in the prior year, primarily reflecting the impact of fluctuations in the EUR/USD exchange rate on debt Provision for income taxes of $101 million, compared to $56 million, primarily due to higher non- deductible foreign exchange losses and incremental valuation allowances on deferred tax assets 3

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Net loss of $31 million versus net income of $55 million as increased profit is more than offset by higher non-cash foreign exchange losses Full Year 2022 Financial Highlights: Consolidated revenue of $4.2 billion increased 3%, or 8% at constant currency, from $4.1 billion in the prior-year period • Global Lottery revenue of $2.6 billion, down 8% as reported and 2% at constant currency, as strong product sales and multi-jurisdiction jackpots were offset by lower Italy same-store sales and impact of Italian commercial services sale • Global Gaming revenue up 28% to $1.4 billion on broad-based strength, including significantly higher U.S. & Canada replacement machine unit sales and increased installed base yields • PlayDigital revenue rose to a record $209 million, up 27% from $165 million, primarily driven by iGaming organic growth, market expansion, and contribution from iSoftBet acquisition Operating income of $922 million, up 2%, or 9% at constant currency, from $902 million in the prior-year period • Global Lottery operating income of $909 million, down 16% as reported and 10% at constant currency, with strong 35% operating income margin despite lower revenue contributions from Italy • Global Gaming operating income increased over five times to $242 million on significant operating leverage, partially offset by higher supply chain costs • PlayDigital operating income rose to a record $50 million on solid operating leverage and despite increased investments in talent, research and development, and iSoftBet integration costs • Corporate support and other expense of $279 million, up from $262 million in the prior year, primarily driven by higher transaction-related expenses and personnel costs Adjusted EBITDA of $1.7 billion, down 1% as reported and up 4% at constant currency, from $1.7 billion in the prior-year period, reflecting strong Global Gaming and PlayDigital profit growth and lower contribution from Global Lottery Net interest expense of $289 million, compared to $341 million in the prior-year period, as net proceeds from asset sales and free cash flow generation drove lower average debt balances Foreign exchange loss of $36 million, compared to a gain of $66 million in the prior-year period, primarily reflecting the impact of fluctuations in the EUR/USD exchange rate on debt Other non-operating expense of $7 million versus $98 million in the prior-year period • $278 million gain on sale of Italian commercial services business offset by $270 million accrual associated with the DDI/Benson matter and $13 million loss on extinguishment of debt in the current year • $91 million in losses related to premiums paid in connection with bond redemptions in prior year Provision for income taxes of $175 million versus $274 million in the prior year, primarily driven by lower incremental valuation allowances on deferred tax assets and a tax benefit arising from the DDI/Benson matter provision Net income from continuing operations of $414 million compared to $255 million in the prior-year period • Gain on sale of Italian commercial services business • Foreign exchange losses compared to foreign exchange gains in the prior year • Lower income tax and interest expense • Reduced losses related to retirement of debt • Accrual related to DDI/Benson matter 4

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Cash from operations was $899 million compared to $1.0 billion in the prior-year period • Lower interest payments related to lower debt levels • Increased inventory levels to support growth • Higher cash taxes due to strong Italy lottery performance in prior year • $50 million escrow payment related to DDI/Benson matter in 2022 Record shareholder returns of $276 million; $161 million deployed in dividends to shareholders and $115 million for share repurchases Net debt of $5.2 billion, down $0.8 billion from $5.9 billion at December 31, 2021 • Strong cash flow generation • Proceeds from sale of Italian commercial services and final installment from sale of Italian gaming machine, sports betting, and digital gaming businesses • Net debt leverage improved to 3.1x, down from 3.5x at December 31, 2021 Cash and Liquidity Update Total liquidity of $2.4 billion as of December 31, 2022; $590 million in unrestricted cash and $1.8 billion in additional borrowing capacity Other Developments The Company announced full redemption of $61 million, 5.35% Notes due 2023, on January 23, 2023 In a separate press release issued today, the Company announced the make-whole redemption of €188 million of 3.50% Notes due 2024 and $200 million of 6.50% Notes due 2025 The Company's Board of Directors declared a quarterly cash dividend of $0.20 per common share • Ex-dividend date of March 13, 2023 • Record date of March 14, 2023 • Payment date of March 28, 2023 Introducing 2023 Expectations First quarter • Revenue of approximately $1.0 billion • Operating income margin of 22% - 24% Full Year • Revenue of $4.1 billion - $4.3 billion • Operating income margin of 21% - 23% • Cash from operations of $900 million - $1.0 billion • Capital expenditures of $400 million - $450 million Earnings Conference Call and Webcast: February 28, 2023, at 8:00 a.m. EST To register to participate in the conference call, or to listen to the live audio webcast, please visit the "Events Calendar" on IGT's Investor Relations website at www.IGT.com. A replay will be available on the website following the live event. Note: Certain totals in the tables included in this press release may not add due to rounding Comparability of Results All figures presented in this news release are prepared under U.S. GAAP, unless noted otherwise. Adjusted figures exclude the impact of items such as purchase accounting, impairment charges, restructuring expense, foreign exchange, and certain one-time, primarily transaction-related items. 5

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Reconciliations to the most directly comparable U.S. GAAP measures are included in the tables in this news release. Constant currency changes for 2022 are calculated using the same foreign exchange rates as the corresponding 2021 period. Management uses non-GAAP financial measures to understand and compare operating results across accounting periods, for internal budgeting and forecasting purposes, and to evaluate the Company's financial performance. Management believes these non-GAAP financial measures reflect the Company's ongoing business in a manner that allows for meaningful period-to- period comparisons and analysis of business trends. These constant currency changes and non-GAAP financial measures should however be viewed in addition to, and not as an alternative for, the Company's reported results prepared in accordance with U.S. GAAP. Amounts reported in millions are computed based on amounts in thousands. As a result, the sum of the components may not equal the total amount reported in millions due to rounding. Certain columns and rows within tables may not add due to the use of rounded numbers. Percentages and earnings per share amounts presented are calculated from the underlying unrounded amounts. About IGT IGT (NYSE:IGT) is a global leader in gaming. We deliver entertaining and responsible gaming experiences for players across all channels and regulated segments, from Lotteries and Gaming Machines to Sports Betting and Digital. Leveraging a wealth of compelling content, substantial investment in innovation, player insights, operational expertise, and leading-edge technology, our solutions deliver unrivalled gaming experiences that engage players and drive growth. We have a well-established local presence and relationships with governments and regulators in more than 100 jurisdictions around the world, and create value by adhering to the highest standards of service, integrity, and responsibility. IGT has approximately 10,500 employees. For more information, please visit www.IGT.com. Cautionary Statement Regarding Forward-Looking Statements This news release may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward- looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2021 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. Nothing in this news release is intended, or is to be construed, as a profit forecast or to be interpreted to mean that the financial performance of International Game Technology PLC for the current or any future financial years will necessarily match or exceed the historical published financial performance of International Game Technology PLC, as applicable. All forward-looking statements contained in this news release are qualified in their entirety by this cautionary statement. All subsequent written or oral forward- looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement. 6

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Non-GAAP Financial Measures Management supplements the reporting of financial information, determined under GAAP, with certain non-GAAP financial information. Management believes the non-GAAP information presented provides investors with additional useful information, but it is not intended to nor should it be considered in isolation or as a substitute for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. The Company encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Adjusted EBITDA represents net income (loss) from continuing operations (a GAAP measure) before income taxes, interest expense, foreign exchange gain (loss), other non-operating expenses, depreciation, impairment losses, amortization (service revenue, purchase accounting and non-purchase accounting), restructuring expenses, stock-based compensation, litigation expense (income), and certain other non-recurring items. Other non-recurring items are infrequent in nature and are not reflective of ongoing operational activities. For the business segments, Adjusted EBITDA represents segment operating income (loss) before depreciation, amortization (service revenue, purchase accounting and non-purchase accounting), restructuring expenses, stock-based compensation, litigation expense (income) and certain other non-recurring items. Net debt is a non-GAAP financial measure that represents debt (a GAAP measure, calculated as long- term obligations plus short-term borrowings) minus capitalized debt issuance costs and cash and cash equivalents. Cash and cash equivalents are subtracted from the GAAP measure because they could be used to reduce the Company's debt obligations. Management believes that net debt is a useful measure to monitor leverage and evaluate the balance sheet. Net debt leverage and Leverage are non-GAAP financial measures that represents the ratio of Net debt as of a particular balance sheet date to Adjusted EBITDA for the last twelve months ("LTM") prior to such date. Prior to the disposal of the Italian B2C gaming businesses in the second quarter of 2021, management calculated the Net debt leverage ratio as the ratio of Net debt as of a particular balance sheet date to the LTM of Adjusted EBITDA – combined prior to such date. Management believes that Net debt leverage is a useful measure to assess our financial strength and ability to incur incremental indebtedness when making key investment decisions. Free cash flow is a non-GAAP financial measure that represents cash flow from operations (a GAAP measure) less capital expenditures. Management believes free cash flow is a useful measure of liquidity and an additional basis for assessing IGT's ability to fund its activities, including debt service and distribution of earnings to shareholders. Constant currency is a non-GAAP financial measure that expresses the current financial data using the prior-year/period exchange rate (i.e., the exchange rates used in preparing the financial statements for the prior year). Management believes that constant currency is a useful measure to compare period-to- period results without regard to the impact of fluctuating foreign currency exchange rates. A reconciliation of the non-GAAP measures to the corresponding amounts prepared in accordance with GAAP appears in the tables in this release. The tables provide additional information as to the items and amounts that have been excluded from the adjusted measures. Contact: Phil O'Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./ Canada +1 (401) 392-7452 Francesco Luti, +39 06 5189 9184; for Italian media inquiries James Hurley, Investor Relations, +1 (401) 392-7190 7

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Select Performance and KPI data: (In $ millions, unless otherwise noted) GLOBAL LOTTERY Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) (1) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) (1) Revenue Service Operating and facilities management contracts 622 608 2% 7% 2,364 2,569 (8)% (3)% Upfront license fee amortization (45) (50) 10% —% (183) (206) 11% —% Operating and facilities management contracts, net 577 558 3% 8% 2,181 2,363 (8)% (3)% Other 16 87 (82)% (81)% 255 327 (22)% (13)% Total service revenue 593 646 (8)% (4)% 2,436 2,690 (9)% (4)% Product sales 46 42 9% 12% 157 123 28% 34% Total revenue 639 687 (7)% (3)% 2,593 2,812 (8)% (2)% Operating income 216 217 —% 6% 909 1,088 (16)% (10)% Adjusted EBITDA(1) 318 336 (5)% —% 1,314 1,545 (15)% (8)% Global same-store sales growth (%) Instant ticket & draw games 1.0% 6.6% (3.9%) 18.1% Multi-jurisdiction jackpots 66.0% 21.7% 15.3% 46.4% Total 6.7% 7.7% (2.2%) 20.1% North America and Rest of world same-store sales growth (%) Instant ticket & draw games 0.4% 6.3% (2.4%) 12.7% Multi-jurisdiction jackpots 66.0% 21.7% 15.3% 46.4% Total 7.7% 7.8% (0.4%) 15.6% Italy same-store sales growth (%) Instant ticket & draw games 3.1% 7.7% (8.5%) 38.9% (1) Non-GAAP measure; see disclaimer on page 6 and reconciliations to the most directly comparable GAAP measure in Appendix for further details 8

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GLOBAL GAMING Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) (1) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) (1) Revenue Service Terminal 126 109 15% 17% 483 424 14% 15% Systems, software, and other 60 54 13% 15% 232 206 12% 15% Total service revenue 186 163 14% 16% 714 630 13% 15% Product sales Terminal 149 110 36% 39% 501 339 48% 51% Other 54 48 13% 16% 208 143 46% 49% Total product sales revenue 203 158 29% 32% 709 482 47% 50% Total revenue 389 321 21% 24% 1,423 1,112 28% 30% Operating income 68 36 89% 91% 242 43 462% 471% Adjusted EBITDA(1) 101 66 54% 56% 365 173 111% 114% Installed base units Casino 48,578 47,732 2% 48,578 47,732 2% Casino - L/T lease (2) 1,008 1,117 (10%) 1,008 1,117 (10%) Total installed base units 49,586 48,849 2% 49,586 48,849 2% Installed base units (by geography) US & Canada 32,335 33,437 (3%) 32,335 33,437 (3%) Rest of world 17,251 15,412 12% 17,251 15,412 12% Total installed base units 49,586 48,849 2% 49,586 48,849 2% Yields (by geography)(3), in absolute $ US & Canada $42.08 $38.95 8% $41.87 $37.62 11% Rest of world $6.53 $5.39 21% $6.22 $4.42 41% Total yields $29.72 $28.27 5% $29.89 $27.11 10% Global machine units sold New/expansion 728 (11) NA 2,879 3,049 (6%) Replacement 8,755 7,377 19% 29,941 20,758 44% Total machine units sold 9,483 7,366 29% 32,820 23,807 38% US & Canada machine units sold New/expansion 574 (452) NA 2,020 1,335 51% Replacement 6,875 5,547 24% 22,202 14,759 50% Total machine units sold 7,449 5,095 46% 24,222 16,094 51% (1) Non-GAAP measure; see disclaimer on page 6 and reconciliations to the most directly comparable GAAP measure in Appendix for further details (2) Excluded from yield calculations due to treatment as sales-type leases (3) Excludes Casino L/T lease units due to treatment as sales-type leases, comparability on a Y/Y basis hindered due to fewer active units 9

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GLOBAL GAMING (Continued) Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) (1) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) (1) Rest of world machine units sold New/expansion 154 441 (65)% 859 1,714 (50)% Replacement 1,880 1,830 3% 7,739 5,999 29% Total machine units sold 2,034 2,271 (10)% 8,598 7,713 11% Average selling price (ASP), in absolute $ US & Canada 15,600 15,300 2% 15,400 14,300 8% Rest of world 15,300 13,400 14% 13,700 13,500 1% Total ASP 15,500 14,700 5% 15,000 14,100 6% 10

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PLAYDIGITAL Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) (1) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) (1) Revenue Service 65 41 58% 65% 209 163 28% 32% Product sales — 1 (64)% (64)% 1 1 (53)% (51)% Total revenue 65 42 56% 63% 209 165 27% 32% Operating income 17 5 239% 256% 50 33 51% 54% Adjusted EBITDA(1) 22 9 149% 159% 68 48 41% 44% CONSOLIDATED Revenue (by geography) US & Canada 714 591 21% 22% 2,549 2,250 13% 14% Italy 226 305 (26)% (18)% 1,059 1,300 (19)% (8)% Rest of world 153 154 (1)% 6% 618 539 14% 23% Total revenue 1,093 1,050 4% 8% 4,225 4,089 3% 8% (1) Non-GAAP measure; see disclaimer on page 6 and reconciliations to the most directly comparable GAAP measure in Appendix for further details 11

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International Game Technology PLC Consolidated Statements of Operations ($ in millions and shares in thousands, except per share amounts) Unaudited For the three months ended For the year ended December 31, December 31, 2022 2021 2022 2021 Service revenue 845 850 3,359 3,483 Product sales 249 200 866 606 Total revenue 1,093 1,050 4,225 4,089 Cost of services 408 452 1,671 1,754 Cost of product sales 166 124 554 377 Selling, general and administrative 219 222 814 810 Research and development 70 59 255 238 Restructuring 6 7 6 6 Other operating (income) expense, net (5) — 4 1 Total operating expenses 863 864 3,303 3,187 Operating income 230 186 922 902 Interest expense, net 66 77 289 341 Foreign exchange loss (gain), net 95 (4) 36 (66) Other non-operating (income) expense, net (1) 2 7 98 Total non-operating expenses 161 75 333 373 Income from continuing operations before provision for income taxes 70 111 589 529 Provision for income taxes 101 56 175 274 (Loss) income from continuing operations (31) 55 414 255 Income from discontinued operations, net of tax — — — 24 Gain on sale of discontinued operations, net of tax — — — 391 Income from discontinued operations — — — 415 Net (loss) income (31) 55 414 670 Less: Net income attributable to non-controlling interests from continuing operations 34 35 139 190 Less: Net loss attributable to non-controlling interests from discontinued operations — — — (2) Net (loss) income attributable to IGT PLC (64) 19 275 482 Net (loss) income from continuing operations attributable to IGT PLC per common share - basic (0.32) 0.10 1.36 0.32 Net (loss) income from continuing operations attributable to IGT PLC per common share - diluted (0.32) 0.09 1.35 0.31 Net (loss) income attributable to IGT PLC per common share - basic (0.32) 0.10 1.36 2.35 Net (loss) income attributable to IGT PLC per common share - diluted (0.32) 0.09 1.35 2.33 Weighted-average shares - basic 199,320 204,673 201,825 204,954 Weighted-average shares - diluted 199,320 206,996 203,414 206,795 12

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International Game Technology PLC Consolidated Balance Sheets ($ in millions) Unaudited December 31, 2022 2021 Assets Current assets: Cash and cash equivalents 590 591 Restricted cash and cash equivalents 150 218 Trade and other receivables, net 670 903 Inventories, net 254 183 Other current assets 467 593 Total current assets 2,131 2,487 Systems, equipment and other assets related to contracts, net 899 937 Property, plant and equipment, net 118 119 Operating lease right-of-use assets 254 283 Goodwill 4,482 4,656 Intangible assets, net 1,375 1,413 Other non-current assets 1,174 1,429 Total non-current assets 8,302 8,836 Total assets 10,433 11,322 Liabilities and shareholders' equity Current liabilities: Accounts payable 731 1,035 Current portion of long-term debt 61 — Short-term borrowings — 52 DDI / Benson Matter provision 220 — Other current liabilities 837 828 Total current liabilities 1,848 1,914 Long-term debt, less current portion 5,690 6,477 Deferred income taxes 305 368 Operating lease liabilities 239 269 Other non-current liabilities 372 323 Total non-current liabilities 6,607 7,437 Total liabilities 8,454 9,351 Commitments and contingencies IGT PLC's shareholders' equity 1,429 1,282 Non-controlling interests 550 689 Total shareholders' equity 1,979 1,971 Total liabilities and shareholders' equity 10,433 11,322 13

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International Game Technology PLC Consolidated Statements of Cash Flows ($ in millions) Unaudited For the three months ended For the year ended December 31, December 31, 2022 2021 2022 2021 Cash flows from operating activities Net (loss) income (31) 55 414 670 Less: Income from discontinued operations, net of tax — — — 415 Adjustments to reconcile net (loss) income from continuing operations to net cash provided by operating activities from continuing operations: Foreign exchange loss (gain), net 95 (4) 36 (66) Depreciation 78 79 301 325 Amortization 49 51 191 201 Amortization of upfront license fees 48 53 193 216 Deferred income taxes 14 (17) (77) 38 Stock-based compensation 7 13 41 35 Amortization of debt issuance cost 3 4 15 19 Gain on sale of business — — (278) — DDI / Benson Matter provision — — 270 — Loss on extinguishment of debt — — 13 92 Other non-cash items, net (8) (1) (14) (2) Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures: Trade and other receivables 16 89 45 (95) Inventories 8 (1) (65) (13) Accounts payable 8 41 (22) (36) DDI / Benson Matter provision (50) — (50) — Accrued interest payable 26 30 (11) (33) Accrued income taxes (20) (11) (83) 47 Other assets and liabilities 33 17 (20) 27 Net cash provided by operating activities from continuing operations 278 396 899 1,010 Net cash used in operating activities from discontinued operations — — — (31) Net cash provided by operating activities 278 396 899 978 Cash flows from investing activities Capital expenditures (91) (71) (317) (238) Proceeds from sale of business, net of cash and restricted cash transferred (21) — 476 — Business acquisitions, net of cash acquired — — (142) — Proceeds from sale of assets 8 6 22 21 Other 2 — 3 1 Net cash (used in) provided by investing activities from continuing operations (102) (64) 42 (216) Net cash provided by investing activities from discontinued operations — — 126 852 Net cash (used in) provided by investing activities (102) (64) 168 636 Cash flows from financing activities Net receipts from (payments of) financial liabilities 77 2 75 (50) Net proceeds from Revolving Credit Facilities 30 — 72 17 Principal payments on long-term debt — — (597) (2,846) Payments of debt issuance costs — — (10) (14) Proceeds from long-term debt — — — 1,339 Net (payments of) proceeds from short-term borrowings — 33 (51) 51 Payments in connection with the extinguishment of debt (1) — (9) (85) Repurchases of common stock (22) (41) (115) (41) Dividends paid (40) (41) (161) (41) Dividends paid - non-controlling interests — (2) (178) (91) Capital increase - non-controlling interests — — 3 12 Return of capital - non-controlling interests (17) (34) (75) (127) Other (7) (10) (19) (23) Net cash provided by (used in) financing activities 19 (94) (1,065) (1,898) Net increase (decrease) in cash and cash equivalents and restricted cash and cash equivalents 195 238 2 (284) Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents 28 (17) (70) (37) Cash and cash equivalents and restricted cash and cash equivalents at the beginning of the period 517 588 808 1,129 Cash and cash equivalents and restricted cash and cash equivalents at the end of the period of continuing operations 740 808 740 808 Supplemental Cash Flow Information: Interest paid 39 46 298 369 Income taxes paid 107 85 335 188 14

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International Game Technology PLC Net Debt ($ in millions) Unaudited December 31, 2022 2021 5.350% Senior Secured U.S. Dollar Notes due October 2023 — 61 3.500% Senior Secured Euro Notes due July 2024 319 564 6.500% Senior Secured U.S. Dollar Notes due February 2025 697 1,093 4.125% Senior Secured U.S. Dollar Notes due April 2026 745 744 3.500% Senior Secured Euro Notes due June 2026 796 844 6.250% Senior Secured U.S. Dollar Notes due January 2027 746 745 2.375% Senior Secured Euro Notes due April 2028 530 562 5.250% Senior Secured U.S. Dollar Notes due January 2029 745 744 Senior Secured Notes 4,578 5,357 Euro Term Loan Facilities due January 2027 1,058 1,121 U.S. Dollar Revolving Credit Facility A due July 2027 55 — Long-term debt, less current portion 5,690 6,477 5.350% Senior Secured U.S. Dollar Notes due October 2023 61 — Current portion of long-term debt 61 — Short-term borrowings — 52 Total debt 5,750 6,529 Less: Cash and cash equivalents 590 591 Less: Debt issuance costs, net - U.S. Dollar Revolving Credit Facility A due July 2027 — 10 Less: Debt issuance costs, net - Euro Revolving Credit Facility B due July 2027 9 7 Net debt 5,150 5,922 Note: Net debt is a non-GAAP financial measure 15

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International Game Technology PLC Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) Unaudited For the three months ended December 31, 2022 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Loss from continuing operations (31) Provision for income taxes 101 Interest expense, net 66 Foreign exchange loss, net 95 Other non-operating income, net (1) Operating income (loss) 216 68 17 302 (71) 230 Depreciation 42 31 6 79 — 78 Amortization - service revenue (1) 48 — — 48 — 48 Amortization - non-purchase accounting 6 2 — 8 1 9 Amortization - purchase accounting — — — — 41 41 Restructuring 5 — — 5 1 6 Stock-based compensation 2 (1) — 1 6 7 Adjusted EBITDA 318 101 22 442 (23) 419 Cash flows from operating activities - continuing operations 278 Capital expenditures (91) Free Cash Flow 187 Pre-Tax Impact Tax Impact (2)(3) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted (0.32) Adjustments: Foreign exchange loss, net 0.47 (0.04) 0.51 Amortization - purchase accounting 0.20 0.02 0.18 Discrete tax items — (0.01) 0.01 DDI / Benson Matter provision — 0.01 (0.01) Other (non-recurring adjustments) 0.03 0.01 0.02 Net adjustments 0.72 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (4) 0.40 (1) Includes amortization of upfront license fees (2) Calculated based on nature of item, including any realizable deductions, and statutory tax rate in effect for the relevant jurisdiction (3) The reported effective tax rate was 144.0%. Adjusted for the above items, the effective tax rate was 46.2% (4) Adjusted EPS was calculated using weighted average shares outstanding of 201.4 million, which includes the dilutive impact of share-based payment awards 16

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International Game Technology PLC Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) Unaudited For the three months ended December 31, 2021 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 55 Provision for income taxes 56 Interest expense, net 77 Foreign exchange gain, net (4) Other non-operating expense, net 2 Operating income (loss) 217 36 5 258 (72) 186 Depreciation 47 29 4 79 — 79 Amortization - service revenue (1) 53 — — 53 — 53 Amortization - non-purchase accounting 9 1 — 11 1 12 Amortization - purchase accounting — — — — 39 39 Restructuring 8 (4) — 4 3 7 Stock-based compensation 3 4 — 7 6 13 Adjusted EBITDA 336 66 9 411 (24) 387 Cash flows from operating activities - continuing operations 396 Capital expenditures (71) Free Cash Flow 326 Pre-Tax Impact Tax Impact (2)(3) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 0.09 Adjustments: Foreign exchange gain, net (0.02) 0.05 (0.07) Amortization - purchase accounting 0.19 0.05 0.14 Discrete tax items — 0.06 (0.06) Other (non-recurring adjustments) 0.03 0.01 0.02 Net adjustments 0.04 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (4) 0.13 (1) Includes amortization of upfront license fees (2) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (3) The reported effective tax rate was 50.8%. Adjusted for the above items, the effective tax rate was 59.0% (4) Adjusted EPS was calculated using weighted average shares outstanding of 207.0 million, which includes the dilutive impact of share-based payment awards 17

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International Game Technology PLC Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) Unaudited For the year ended December 31, 2022 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 414 Provision for income taxes 175 Interest expense, net 289 Foreign exchange loss, net 36 Other non-operating expense, net 7 Operating income (loss) 909 242 50 1,201 (279) 922 Depreciation 173 112 17 302 (1) 301 Amortization - service revenue (1) 193 — — 193 — 193 Amortization - non-purchase accounting 24 7 — 31 3 34 Amortization - purchase accounting — — — — 158 158 Restructuring 6 (1) — 5 1 6 Stock-based compensation 9 5 1 14 27 41 Other (2) — — — — 9 9 Adjusted EBITDA 1,314 365 68 1,746 (83) 1,664 Cash flows from operating activities - continuing operations 899 Capital expenditures (317) Free Cash Flow 582 Pre-Tax Impact Tax Impact (3)(4) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 1.35 Adjustments: Foreign exchange loss, net 0.18 0.08 0.10 Amortization - purchase accounting 0.77 0.16 0.61 Loss on extinguishment and modifications of debt, net 0.06 0.01 0.06 Discrete tax items — (0.17) 0.17 DDI / Benson Matter provision 1.33 0.33 1.00 Gain on sale of business (1.36) (0.01) (1.36) Other (non-recurring adjustments) 0.07 0.01 0.06 Net adjustments 0.64 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (5) 1.99 (1) Includes amortization of upfront license fees (2) Primarily includes transaction-related costs (3) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (4) The reported effective tax rate was 29.7%. Adjusted for the above items, the effective tax rate was 32.2% (5) Adjusted EPS was calculated using weighted average shares outstanding of 203.4 million, which includes the dilutive impact of share-based payment awards 18

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International Game Technology PLC Reconciliation of Non-GAAP Financial Measures ($ in millions, except per share amounts) Unaudited For the year ended December 31, 2021 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 255 Provision for income taxes 274 Interest expense, net 341 Foreign exchange gain, net (66) Other non-operating expense, net 98 Operating income (loss) 1,088 43 33 1,164 (262) 902 Depreciation 191 121 15 326 (1) 325 Amortization - service revenue (1) 216 — — 216 — 216 Amortization - non-purchase accounting 34 5 — 40 3 43 Amortization - purchase accounting — — — — 158 158 Restructuring 8 (4) (1) 3 2 6 Stock-based compensation 8 8 1 17 18 35 Other (2) — — — — 1 1 Adjusted EBITDA 1,545 173 48 1,766 (80) 1,686 Cash flows from operating activities - continuing operations 1,010 Capital expenditures (238) Free Cash Flow 771 Pre-Tax Impact Tax Impact (3)(4) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 0.31 Adjustments: Foreign exchange gain, net (0.32) 0.13 (0.45) Amortization - purchase accounting 0.76 0.18 0.58 Loss on extinguishment and modifications of debt, net 0.42 — 0.42 Discrete tax items — (0.27) 0.27 Other (non-recurring adjustments) 0.04 0.01 0.02 Net adjustments 0.85 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (5) 1.16 (1) Includes amortization of upfront license fees (2) Primarily includes transaction-related costs (3) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (4) The reported effective tax rate was 51.8%. Adjusted for the above items, the effective tax rate was 39.9% (5) Adjusted EPS was calculated using weighted average shares outstanding of 206.8 million, which includes the dilutive impact of share-based payment awards 19

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## Exhibit 99.2

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Period ended December 31, 2022

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Cautionary Statement Regarding Forward-Looking Statements This presentation may contain forward-looking statements (including within the meaning of the Private Securities Litigation Reform Act of 1995) concerning International Game Technology PLC and its consolidated subsidiaries (the "Company") and other matters. These statements may discuss goals, intentions, and expectations as to future plans, trends, events, dividends, results of operations, or financial condition, or otherwise, based on current beliefs of the management of the Company as well as assumptions made by, and information currently available to, such management. Forward-looking statements may be accompanied by words such as "aim," "anticipate," "believe," "plan," "could," "would," "should," "shall", "continue," "estimate," "expect," "forecast," "future," "guidance," "intend," "may," "will," "possible," "potential," "predict," "project" or the negative or other variations of them. These forward-looking statements speak only as of the date on which such statements are made and are subject to various risks and uncertainties, many of which are outside the Company's control. Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may differ materially from those predicted in the forward-looking statements and from past results, performance, or achievements. Therefore, you should not place undue reliance on such statements. Factors that could cause actual results to differ materially from those in the forward-looking statements include (but are not limited to) the factors and risks described in the Company's annual report on Form 20-F for the financial year ended December 31, 2021 and other documents filed from time to time with the SEC, which are available on the SEC's website at www.sec.gov and on the investor relations section of the Company's website at www.IGT.com. Except as required under applicable law, the Company does not assume any obligation to update these forward-looking statements. You should carefully consider these factors and other risks and uncertainties that affect the Company's business. Nothing in this presentation is intended, or is to be construed, as a profit forecast or to be interpreted to mean that the financial performance of International Game Technology PLC for the current or any future financial years will necessarily match or exceed the historical published financial performance of International Game Technology PLC, as applicable. All forward-looking statements contained in this presentation are qualified in their entirety by this cautionary statement. All subsequent written or oral forward-looking statements attributable to International Game Technology PLC, or persons acting on its behalf, are expressly qualified in their entirety by this cautionary statement. Comparability of Results All figures presented in this presentation are prepared under U.S. GAAP, unless noted otherwise. Non-GAAP Financial Measures Management supplements the reporting of financial information, determined under GAAP, with certain non-GAAP financial information. Management believes the non-GAAP information presented provides investors with additional useful information, but it is not intended to nor should it be considered in isolation or as a substitute for the related GAAP measures. Moreover, other companies may define non-GAAP measures differently, which limits the usefulness of these measures for comparisons with such other companies. The Company encourages investors to review its financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure. Adjusted EBITDA represents net income (loss) from continuing operations (a GAAP measure) before income taxes, interest expense, net, foreign exchange gain (loss), net, other non-operating expenses (e.g., DDI / Benson Matter provision, gains/losses on extinguishment and modifications of debt, etc.), net, depreciation, impairment losses, amortization (service revenue, purchase accounting and non-purchase accounting), restructuring expenses, stock-based compensation, litigation expense (income), and certain other non-recurring items. Other non-recurring items are infrequent in nature and are not reflective of ongoing operational activities. For the business segments, Adjusted EBITDA represents segment operating income (loss) before depreciation, amortization (service revenue, purchase accounting and non-purchase accounting), restructuring expenses, stock-based compensation, litigation expense (income) and certain other non-recurring items. Management believes that Adjusted EBITDA is useful in providing period-to-period comparisons of the results of the Company's ongoing operational performance. Adjusted EPS represents diluted earnings per share from continuing operations (a GAAP measure), excluding the effects of foreign exchange, impairments, amortization from purchase accounting, discrete tax items, and other significant non-recurring adjustments that are not reflective of on-going operational activities (e.g., DDI / Benson Matter provision, gains/losses on sale of business, gains/losses on extinguishment and modifications of debt, etc.). Adjusted EPS is calculated using diluted weighted- average number of shares outstanding, including the impact of any potentially dilutive common stock equivalents that are anti-dilutive to GAAP net income (loss) per share but dilutive to Adjusted EPS. Management believes that Adjusted EPS is useful in providing period-to-period comparisons of the results of the Company's ongoing operational performance. Net debt is a non-GAAP financial measure that represents debt (a GAAP measure, calculated as long-term obligations plus short-term borrowings) minus capitalized debt issuance costs and cash and cash equivalents, including cash and cash equivalents held for sale. Cash and cash equivalents, including cash and cash equivalents classified as held for sale, are subtracted from the GAAP measure because they could be used to reduce the Company's debt obligations. Management believes that net debt is a useful measure to monitor leverage and evaluate the balance sheet. Net debt leverage is a non-GAAP financial measure that represents the ratio of Net debt as of a particular balance sheet date to Adjusted EBITDA for the last twelve months ("LTM") prior to such date. Management believes that Net debt leverage is a useful measure to assess IGT's financial strength and ability to incur incremental indebtedness when making key investment decisions. Free cash flow is a non-GAAP financial measure that represents cash flow from operations (a GAAP measure) less capital expenditures. Management believes free cash flow is a useful measure of liquidity and an additional basis for assessing IGT's ability to fund its activities, including debt service and distribution of earnings to shareholders. Constant currency or constant FX is a non-GAAP financial measure that expresses the current financial data using the prior-year/period exchange rate (i.e., the month end exchange rates used in preparing the financial statements for the prior year). Management believes that constant currency is a useful measure to compare period-to-period results without regard to the impact of fluctuating foreign currency exchange rates. A reconciliation of the non-GAAP measures to the corresponding amounts prepared in accordance with GAAP appears in the tables in this release. The tables provide additional information as to the items and amounts that have been excluded from the adjusted measures. 2

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Achieved all Financial Goals, Returned Record Capital to Shareholders, and Strengthened Leadership Positions in FY'22 4 #1 #1 • U.S. & Canada iGaming Market Share • North American Sports Betting Service Provider • North American Unit Ship Share for four consecutive years (2) • Global Game Feature Patent Portfolio Top 3 Industry-Leading ESG Ratings #1 • Global Lottery Operator (1) • Global Lottery Service Provider (1) • Global iLottery Platform Provider (1) Revenue Operating Income Margin Cash From Operations Capital Expenditures 2022 Financial Goals $4.1B - $4.2B 20% - 22% $850M - $950M ~$350M 2022 Actual Results $4.2B 22% $899M $317M Achievement Global Lottery Global Gaming PlayDigital Global Gaming Awards 2023 "Casino Supplier of the Year" third consecutive win European Casino Awards 2023 "Best Slot Machine PeakSlant49" International Gaming Awards 2023 "Lottery Product of the Year 'Progressive eInstants'" ((1) Based on global market presence (2) Based on Eilers & Krejcik Gaming research; 2022 market share based on YTD as of 9/30/22 (the latest available data)

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Innovation Driving Higher, Recurring Lottery Play Levels on Stronger Margin Structure 5 Same-store sales trends strengthened as year progressed Return to growth in Italy SSS in Q4'22; robust Powerball® sales in the U.S. iLottery sales up ~60% in FY'22; gained 300 bps of market share in the U.S. Innovation grounded in operator expertise & player insights New Gong game added to 10eLotto franchise; record Italy instant ticket sales in Q4'22 eInstant portfolio expanding rapidly and strengthening with each new launch; exciting opportunity with third party content deals Emerging solutions to drive industry growth (e.g., OMNIATM, Infinity InstantsTM technology) Secured important contract extensions & wins Multi-year extensions: NY, GA facilities management contracts; TX instant ticket printing 35% FY'22 operating profit margin up ~500 basis points vs. FY'19; room for continued expansion

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Strategic Focus Fueling Significant Global Gaming Revenue & Profit Gains; Achieved Record Levels on Important KPIs in FY'22 6 (1)Per Eilers & Krejcik Gaming research; 2022 market share based on YTD as of 9/30/22 (the latest available data) 28% FY'22 revenue growth drives over 5x increase in operating profit Disciplined cost control, despite higher supply chain costs Record ASPs, U.S. & Canada unit shipments Maintained #1 U.S. & Canada ship share(1) for four consecutive years; 27% in Q3'22 Strengthened and expanded MLP portfolio: Wolf Run Eclipse™, Egyptian Link™ Success of new hardware: PeakDual 32™, PeakSlant 49™, PeakBarTop™, DiamondRS™ Installed base growth marks important milestone Significant installed base growth in Latin America and Greece Improved U.S. & Canada WAP and MLP installed base and yields in H2'22 vs H1'22; Wheel of Fortune® High Roller™, Prosperity Link™, and Money Mania™ driving results Expect continued installed base growth in U.S. & Canada and ROW Significant revenue opportunity and margin improvement potential through 2025

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PlayDigital Momentum Enhanced by Expanded Capabilities & Opportunities 27% FY'22 revenue growth drives over 50% increase in operating profit Seamless integration of iSoftBet's complementary products and geographies Creation of new, unified "PlayDigital" organization and brand Compelling iGaming growth outlook On pace to more than double new game launches to 65+ games/year Ability to develop exclusive games for specific markets & customers First iSoftBet games launched in Ontario; IGT game launches planned for Romania, Greece Growing portfolio of turnkey sports betting customers Powering over 80 sportsbooks; 16 new installations across 11 jurisdictions in 2022 Opportunity to expand customer base with best-in-class hardware, technology & services SaaS-like business model has attractive margin structure; 26% operating income margin in Q4'22 7

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Executed Important Strategic Transformation Over Last Three Years 8 Established PlayDigital as standalone segment Sale of Italy B2C gaming machine, sports betting, and digital gaming businesses Reorganization by global product responsibility Tuck-in acquisition of iSoftBet Sale of Italy commercial services business July 2020 May 2021 July 2021 Nov. 2021 Sept. 2022July 2022 Achieved $200+M in structural cost reductions vs. 2019 Simplified organizational structure & financial disclosure Monetized non-core assets at attractive valuations Increased digital investment to advance iLottery and iGaming growth objectives (e.g., talent, R&D, iSoftBet acquisition) Significantly reduced structural costs Substantially lowered debt and leverage leading to greatly improved credit profile with cross-over investment grade credit rating Enhanced shareholder returns Mar. 2020 Net debt leverage\* 4.5x Dec. 2022 \*Non-GAAP measure; see disclaimer on page 2 and reconciliations to the most directly comparable GAAP measures in Appendix for further details Nov. 2021 Reinstated quarterly cash dividend Dec. 2021 Announced $300M multi- year stock repurchase program OPtiMa 3.1x

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Entering FY'23 from a Position of Strength with Good Momentum Across Segments 9 Strategic transformation puts us on solid path to achieving our long-term goals Q1'23 off to an encouraging start Accelerated growth for Italy Lottery sales, elevated U.S. multi-jurisdiction jackpot activity Robust funnel for U.S. & Canada gaming machine unit sales; opportunity to grow the global installed base Continued PlayDigital momentum as we leverage expanded capabilities Outlook supported by a resilient business with high recurring revenue streams, mostly backed by long-term contracts Strong balance sheet & substantial liquidity provide flexibility and support for our strategic goals and balanced capital allocation philosophy OPTIMIZE GROW INNOVATE

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Strong Revenue & Profit Results in Q4'22 and FY'22; Financial Performance Meets or Exceeds High End of Outlook 11 Note: EUR/USD FX daily average 1.02 in Q4'22; 1.14 in Q4'21, 1.05 FY'22, 1.18 FY'21 (1) Diluted EPS includes non-operating items such as gain on sale of business, DDI/Benson legal settlement accruals, and loss on extinguishment of debt, as well as discrete tax items \*Non-GAAP measure; see disclaimer on page 2 and reconciliations to the most directly comparable GAAP measures in Appendix for further details

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OPtiMa 2.0 Delivering Additional, Structural Profit Improvement 2022: Successful execution of initiatives offset by supply chain headwinds and inflationary cost increases 2023 onward: Realization of margin improvement benefits with normalization of supply chain/inflation headwinds 2022: $50+M reduction in interest expense achieved despite accelerated monetary policy tightening 2023 onward: Expect credit spread compression from journey towards investment grade to offset further tightening 2022: Low 30% effective tax rate achieved ahead of schedule 2023 onward: Effective tax rate, net of FX and discrete tax items, expected to remain in low-mid 30% range Over $150 million in incremental savings targeted by the end of 2023 vs. 2019; Each initiative expected to contribute ~one-third of total savings 12 Operational Excellence/ Margin Improvement Interest Expense OI benefit Below OI benefit Effective Tax Rate Initiative Status Achievements/Outlook

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Revenue $639M Operating Income $216M OI Margin 34% 2025 target 33% - 36% Global Lottery Delivers Solid Results on Strong Player Demand 13 Q4'22 revenue down 7%; net of FX and sale of Italy commercial services business, revenue rose 8% Global SSS increased 7% in Q4'22 Strong U.S. multi-jurisdiction jackpot activity Recovery in Italy drives 3% SSS growth iLottery sales increase 84% Solid product sales revenue in Q4'22 Strong Q4'22 and FY'22 operating margins Profit margin profile aligned with 2025 target range

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Revenue $389M Operating Income $68M OI Margin 18% 2025 target 28% - 30% Higher Global Gaming Revenue & Profit Fueled by Strong Player Demand & Operating Leverage 20+% revenue increase in Q4'22 as robust demand drives double-digit growth across service and product sale revenue streams Global shipments up 29% in Q4'22 to nearly 9,500 units Record quarterly U.S. & Canada shipments of ~7,500 units Record global ASP of $15,500 Global installed base rose 1,000+ units Q/Q; yields rise 5% Y/Y Underlying growth in U.S. & Canada Global installed base of 51,041 units pro forma for Rhode Island JV contribution in Q1'23; above pre-pandemic level U.S. & Canada yields up on strong WAP and premium game performance Q4'22 operating income up 89%; record OI margin Significant operating leverage drives operating profit up over 5x in FY'22, exceeding FY'19 level 14

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OI Margin 26% 2025 target 30+% Revenue $65M Revenue grows 56% in Q4'22 iGaming fueled by organic growth, market expansion, and iSoftBet acquisition Sports betting up on strong FanDuel and Rhode Island performance iSoftBet integration timing progressing as expected Record Q4'22 operating income, up ~240%; strong OI margin helped by lower jackpot expense and despite investments in growth initiatives FY'22 revenue growth of 27% translates to 51% profit growth PlayDigital Exceeding Expectations; Record Revenue & Profit Generated in Q4'22 and FY'22 15 Operating Income $17M

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20% 10% 16% 37% Generated Strong Cash Flows in FY'22; Executing on Balanced Capital Allocation Strategy ~$900M Cash from Operations (CFO) $278M in Q4'22 $582M Free Cash Flow\* (FCF) $187M in Q4'22 FY'22 Cash Flows FY'22 Allocation of Cash from Operations & Divestitures Share repurchases Dividends to shareholders Minority payments, net Capital expenditures \*Non-GAAP measure; see disclaimer on page 2 and reconciliations to the most directly comparable GAAP measures in Appendix for further details 16 Debt reductions, net 8% Capital returned to Shareholders 9% Business acquisitions, net CFO includes $50M escrow payment related to DDI/Benson matter Achieved high end of CFO outlook excluding escrow payment Implied FCF above expectations Record $275+M returned to shareholders Distributed over $160M in cash dividends Repurchased 5.4M shares for $115M; average price of $21.22 $145M repurchase authorization remaining

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Credit Profile Strengthened with Significant Reduction in Net Debt & Leverage 17 80% Fixed Variable Debt Composition 20% 213 213 213 427120 500 1,550 750 533 750 478 2023 2024 2025 2026 2027 2028 2029 Net debt improved by $771M in FY'22; net debt leverage reduced ~half a turn to 3.1x Completed full redemption of 5.35% Notes due 2023 on January 23, 2023 Announced make-whole redemption of certain Senior Secured Notes €188M of 3.50% Notes due 2024 and $200M of 6.50% Notes due 2025 Received BB+ issuer credit rating with stable outlook from Fitch Ratings with investment grade rating of BBB- assigned to senior secured debt Increased total liquidity to $2.4B; $0.6B in unrestricted cash, $1.8B in additional borrowing capacity from undrawn credit facilities Net Debt & Leverage 7,319 5,922 5,150 2020 2021 2022 Leverage 6.4x 3.5x 3.1x Note: Amounts in $ millions unless otherwise noted Bank Debt Bonds Drawn RCF Debt Maturity Profile (pro forma for announced redemptions in Q1'23)

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_______________________________________ FY'23: • Low single-digit SSS growth in Global Lottery; stronger H1'23 vs. H2'23 • Continued Global Gaming momentum supported by robust sales funnel, higher ASPs, and a growing global installed base • PlayDigital continues to deliver double-digit revenue growth • OI margin includes ~100 bp negative impact from higher D&A, primarily related to investments in the installed base, in addition to ongoing Italy restructuring program • Cash from operations includes ~$155M after-tax outflow related to DDI/Benson matter Revenue Operating Income Margin Cash from Operations Capital Expenditures Introducing FY'23 & Q1'23 Expectations Key Outlook AssumptionsFY'23 Outlook Q1'23 Outlook ~$1.0BRevenue Operating Income Margin 22% – 24% $4.1B – $4.3B 21% – 23% $900M - $1,000M $400M - $450M Note: EUR/USD FX @ 1.07 18

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A Year of Significant Accomplishments; Good Momentum Heading into 2023 Revenue and profit exceed high end of outlook Revenue rises 4%, 8% at constant currency, to $1.1B 24% increase in operating income; OI margin reaches 21% Strong Q4'22 Financial Results Enhanced Credit Profile Meaningful debt reduction; net debt lowered by $771M Net debt leverage reduced ~half a turn to 3.1x; better than 2022 target and near mid-point of 2025 target range Strong cash flow generation; balanced capital allocation strategy Record ~$275M in capital returned to shareholders Distributed over $160M in cash dividends Repurchased 5.4M shares for $115M; $21.22 avg. price per share Record Shareholder Returns Revenue of $4.2B 22% operating income margin Cash from operations of ~$900M CapEx of ~$317M Met or Exceeded FY'22 Financial Targets 19

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FY'22 Revenue & Profit Profile 41% Note: $ millions, except noted otherwise (1)Segment-level profit charts exclude Corporate support expense and purchase price amortization 61% 34% 5% Lottery Gaming PlayDigital 80% 20% Service Product Sales 60%25% 15% U.S. & Canada Italy Rest of world 76% 20% 4% Lottery Gaming PlayDigital 75% 21% 4% Lottery Gaming PlayDigital 35% 17% 24% 51% 26% 32% Global Lottery Global Gaming PlayDigital Operating income Adjusted EBITDA 22 Revenue by Segment Revenue by Type Revenue by Geography Segment-level Operating Income(1) Segment-level Adjusted EBITDA(1) Profit Margins

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High-level Summary of Comprehensive 20-year Rhode Island Contract Extension • Extended IGT's relationship with RI Lottery from July 1, 2023 - June 30, 2043 • IGT remains exclusive provider of lottery, iLottery, instant ticket, and video lottery system solutions and services • Effective 1/1/23, IGT, through a joint venture with Bally's, is the exclusive provider of video lottery terminals (VLTs) to the state's two casinos • Ownership • IGT– 60% owner • Bally's Corporation – 40% owner • Compensation based on daily net VLT income • Accounting for the JV • IGT will consolidate the results of the JV (i.e., 100% of revenue, expenses, etc.) in the Global Gaming segment • Bally's economic interests in the JV will be reported as non-controlling interest in IGT's consolidated financial statements Key Highlights VLT Joint Venture (JV) Details VLT Installed Base (IB) Dynamics • 49,586 IGT global IB 12/31/22 +1,455 Bally's contribution to JV 1/1/23 51,041 IGT global IB 1/1/23 23

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$ millions except otherwise noted (1) Non-GAAP measure; see disclaimer on page 2 and reconciliations to the most directly comparable GAAP measures in Appendix for further details Q4'22 & FY'22 Select Performance & KPI Data GLOBAL LOTTERY Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) (1) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) (1) Revenue Service Operating and facilities management contracts 622 608 2% 7% 2,364 2,569 (8%) (3%) Upfront license fee amortization (45) (50) 10% —% (183) (206) 11% —% Operating and facilities management contracts, net 577 558 3% 8% 2,181 2,363 (8%) (3%) Other 16 87 (82%) (81%) 255 327 (22%) (13%) Total service revenue 593 646 (8%) (4%) 2,436 2,690 (9%) (4%) Product sales 46 42 9% 12% 157 123 28% 34% Total revenue 639 687 (7%) (3%) 2,593 2,812 (8%) (2%) Operating income 216 217 —% 6% 909 1,088 (16%) (10%) Adjusted EBITDA 318 336 (5%) —% 1,314 1,545 (15%) (8%) Q4'22 Constant Currency Change (%) (1) Q4'21 Constant Currency Change (%) (1) FY'22 Constant Currency Change (%) (1) FY'21 Constant Currency Change (%) (1) Global same-store sales growth (%) Instant ticket & draw games 1.0% 6.6% (3.9%) 18.1% Multi-jurisdiction jackpots 66.0% 21.7% 15.3% 46.4% Total 6.7% 7.7% (2.2%) 20.1% North America and Rest of world same-store sales growth (%) Instant ticket & draw games 0.4% 6.3% (2.4%) 12.7% Multi-jurisdiction jackpots 66.0% 21.7% 15.3% 46.4% Total 7.7% 7.8% (0.4%) 15.6% Italy same-store sales growth (%) Instant ticket & draw games 3.1% 7.7% (8.5%) 38.9% 24

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$ millions except otherwise noted (1) Excluded from yield calculations due to treatment as sales-type leases Q4'22 & FY'22 Select Performance & KPI Data 25 GLOBAL GAMING Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) Revenue Service Terminal 126 109 15% 17% 483 424 14% 15% Systems, software, and other 60 54 13% 15% 232 206 12% 15% Total service revenue 186 163 14% 16% 714 630 13% 15% Product sales Terminal 149 110 36% 39% 501 339 48% 51% Other 54 48 13% 16% 208 143 46% 49% Total product sales revenue 203 158 29% 32% 709 482 47% 50% Total revenue 389 321 21% 24% 1,423 1,112 28% 30% Operating income 68 36 89% 91% 242 43 462% 471% Adjusted EBITDA 101 66 54% 56% 365 173 111% 114% Installed base units Casino 48,578 47,732 2% 48,578 47,732 2% Casino - L/T lease(1) 1,008 1,117 (10%) 1,008 1,117 (10%) Total installed base units 49,586 48,849 2% 49,586 48,849 2% Installed base units (by geography) US & Canada 32,335 33,437 (3%) 32,335 33,437 (3%) Rest of world 17,251 15,412 12% 17,251 15,412 12% Total installed base units 49,586 48,849 2% 49,586 48,849 2%

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$ millions except otherwise noted (1) Excludes Casino L/T lease units due to treatment as sales-type leases; comparability on a Y/Y basis hindered due to fewer active units Q4'22 & FY'22 Select Performance & KPI Data GLOBAL GAMING (Continued) Q4'22 Q4'21 Y/Y Change (%) FY'22 FY'21 Y/Y Change (%) Yields (by geography)(1), in absolute $ US & Canada $42.08 $38.95 8% $41.87 $37.62 11% Rest of world $6.53 $5.39 21% $6.22 $4.42 41% Total yields $29.72 $28.27 5% $29.89 $27.11 10% Global machine units sold New/expansion 728 (11) NA 2,879 3,049 (6%) Replacement 8,755 7,377 19% 29,941 20,758 44% Total machine units sold 9,483 7,366 29% 32,820 23,807 38% US & Canada machine units sold New/expansion 574 (452) NA 2,020 1,335 51% Replacement 6,875 5,547 24% 22,202 14,759 50% Total machine units sold 7,449 5,095 46% 24,222 16,094 51% Rest of world machine units sold New/expansion 154 441 (65%) 859 1,714 (50%) Replacement 1,880 1,830 3% 7,739 5,999 29% Total machine units sold 2,034 2,271 (10%) 8,598 7,713 11% Average selling price (ASP), in absolute $ US & Canada $15,600 $15,300 2% $15,400 $14,300 8% Rest of world $15,300 $13,400 14% $13,700 $13,500 1% Total ASP $15,500 $14,700 5% $15,000 $14,100 6% 26

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$ millions except otherwise noted Q4'22 & FY'22 Select Performance & KPI Data PLAYDIGITAL Q4'22 Q4'21 Y/Y Change (%) Constant Currency Change (%) FY'22 FY'21 Y/Y Change (%) Constant Currency Change (%) Revenue Service 65 41 58% 65% 209 163 28% 32% Product sales — 1 (64%) (64%) 1 1 (53%) (51%) Total revenue 65 42 56% 63% 209 165 27% 32% Operating income 17 5 239% 256% 50 33 51% 54% Adjusted EBITDA 22 9 149% 159% 68 48 41% 44% CONSOLIDATED Revenue (by geography) US & Canada 714 591 21% 22% 2,549 2,250 13% 14% Italy 226 305 (26%) (18%) 1,059 1,300 (19%) (8%) Rest of world 153 154 (1%) 6% 618 539 14% 23% Total revenue 1,093 1,050 4% 8% 4,225 4,089 3% 8% 27

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$ millions except per share amounts; all amounts presented reflect continuing operations Q4'22 & FY'22 Summarized Income Statements Q4'22 Q4'21 Y/Y Change (%) FY'22 FY'21 Y/Y Change (%) Service revenue 845 850 (1%) 3,359 3,483 (4%) Product sales 249 200 24% 866 606 43% Total revenue 1,093 1,050 4% 4,225 4,089 3% Total operating expenses 863 864 —% 3,303 3,187 4% Operating income 230 186 24% 922 902 2% Interest expense, net 66 77 289 341 Foreign exchange loss (gain), net 95 (4) 36 (66) Other non-operating (income) expense, net (1) 2 7 98 Total non-operating expenses 161 75 333 373 Income from continuing operations before provision for income taxes 70 111 589 529 Provision for income taxes 101 56 175 274 (Loss) income from continuing operations (31) 55 414 255 Income from discontinued operations, net of tax — — — 24 Gain on sale of discontinued operations, net of tax — — — 391 Net (loss) income (31) 55 414 670 Less: Net income attributable to non-controlling interests from continuing operations 34 35 139 190 Less: Net loss attributable to non-controlling interests from discontinued operations — — — (2) Net (loss) income attributable to IGT PLC (64) 19 275 482 Net (loss) income from continuing operations attributable to IGT PLC per common share - diluted $(0.32) $0.09 $1.35 $0.31 Adjusted net income from continuing operations attributable to IGT PLC - per common share - diluted $0.40 $0.13 $1.99 $1.16 28

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Q4'22 & FY'22 Summarized Cash Flow Statements Q4'22 Q4'21 FY'22 FY'21 Net cash provided by operating activities 278 396 899 1,010 Capital expenditures (91) (71) (317) (238) Free cash flow 187 326 582 771 Debt proceeds/(repayments), net 30 33 (576) (1,439) Repurchases of common stock (22) (41) (115) (41) Shareholder dividends paid (40) (41) (161) (41) Proceeds from sale of business (21) — 476 — Business acquisitions — — (142) — Other - Net 60 (38) (188) (355) Other Investing/Financing Activities 8 (88) (706) (1,876) Net cash provided by discontinued operations — — 126 821 Net Cash Flow 195 238 2 (284) Effect of Exchange Rates/Other 28 (17) (70) (37) Net Change in Cash and Restricted Cash 223 221 (68) (321) Cash and cash equivalents at end of period 590 591 590 591 Restricted cash and cash equivalents at end of period 150 218 150 218 Total cash, cash equivalents, and restricted cash at end of period 740 808 740 808 $ millions; all amounts presented reflect continuing operations unless otherwise indicated 29

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Reconciliations of Non-GAAP Measures - Q4'22 $ millions; all amounts presented reflect continuing operations (1) Includes amortization of upfront license fees For the three months ended December 31, 2022 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Loss from continuing operations (31) Provision for income taxes 101 Interest expense, net 66 Foreign exchange loss, net 95 Other non-operating income, net (1) Operating income (loss) 216 68 17 302 (71) 230 Depreciation 42 31 6 79 — 78 Amortization - service revenue (1) 48 — — 48 — 48 Amortization - non-purchase accounting 6 2 — 8 1 9 Amortization - purchase accounting — — — — 41 41 Restructuring 5 — — 5 1 6 Stock-based compensation 2 (1) — 1 6 7 Adjusted EBITDA 318 101 22 442 (23) 419 Cash flows from operating activities - continuing operations 278 Capital expenditures (91) Free Cash Flow 187 30

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Reconciliations of Non-GAAP Measures - Q4'22 31 For the three months ended December 31, 2022 Pre-Tax Impact Tax Impact (1)(2) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted (0.32) Adjustments: Foreign exchange loss, net 0.47 (0.04) 0.51 Amortization - purchase accounting 0.20 0.02 0.18 Discrete tax items — (0.01) 0.01 DDI / Benson Matter provision — 0.01 (0.01) Other (non-recurring adjustments) 0.03 0.01 0.02 Net adjustments 0.72 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (3) 0.40 All amounts presented are in $ and reflect continuing operations (1) Calculated based on nature of item, including any realizable deductions, and statutory tax rate in effect for the relevant jurisdiction (2) The reported effective tax rate was 144.0%. Adjusted for the above items, the effective tax rate was 46.2% (3) Adjusted EPS was calculated using weighted average shares outstanding of 201.4 million, which includes the dilutive impact of share-based payment awards

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Reconciliations of Non-GAAP Measures - Q4'21 $ millions; all amounts presented reflect continuing operations (1) Includes amortization of upfront license fees For the three months ended December 31, 2021 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 55 Provision for income taxes 56 Interest expense, net 77 Foreign exchange gain, net (4) Other non-operating expense, net 2 Operating income (loss) 217 36 5 258 (72) 186 Depreciation 47 29 4 79 — 79 Amortization - service revenue (1) 53 — — 53 — 53 Amortization - non-purchase accounting 9 1 — 11 1 12 Amortization - purchase accounting — — — — 39 39 Restructuring 8 (4) — 4 3 7 Stock-based compensation 3 4 — 7 6 13 Adjusted EBITDA 336 66 9 411 (24) 387 Cash flows from operating activities - continuing operations 396 Capital expenditures (71) Free Cash Flow 326 32

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Reconciliations of Non-GAAP Measures - Q4'21 For the three months ended December 31, 2021 Pre-Tax Impact Tax Impact (1)(2) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 0.09 Adjustments: Foreign exchange gain, net (0.02) 0.05 (0.07) Amortization - purchase accounting 0.19 0.05 0.14 Discrete tax items — 0.06 (0.06) Other (non-recurring adjustments) 0.03 0.01 0.02 Net adjustments 0.04 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (3) 0.13 All amounts presented are in $ and reflect continuing operations (1) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (2) The reported effective tax rate was 50.8%. Adjusted for the above items, the effective tax rate was 59.0% (3) Adjusted EPS was calculated using weighted average shares outstanding of 207.0 million, which includes the dilutive impact of share-based payment awards 33

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Reconciliations of Non-GAAP Measures - FY'22 $ millions; all amounts presented reflect continuing operations (1) Includes amortization of upfront license fees (2) Primarily includes transaction-related costs For the year ended December 31, 2022 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 414 Provision for income taxes 175 Interest expense, net 289 Foreign exchange loss, net 36 Other non-operating expense, net 7 Operating income (loss) 909 242 50 1,201 (279) 922 Depreciation 173 112 17 302 (1) 301 Amortization - service revenue (1) 193 — — 193 — 193 Amortization - non-purchase accounting 24 7 — 31 3 34 Amortization - purchase accounting — — — — 158 158 Restructuring 6 (1) — 5 1 6 Stock-based compensation 9 5 1 14 27 41 Other (2) — — — — 9 9 Adjusted EBITDA 1,314 365 68 1,746 (83) 1,664 Cash flows from operating activities - continuing operations 899 Capital expenditures (317) Free Cash Flow 582 34

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Reconciliations of Non-GAAP Measures - FY'22 35 For the year ended December 31, 2022 Pre-Tax Impact Tax Impact (1)(2) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 1.35 Adjustments: Foreign exchange loss, net 0.18 0.08 0.10 Amortization - purchase accounting 0.77 0.16 0.61 Loss on extinguishment and modifications of debt, net 0.06 0.01 0.06 Discrete tax items — (0.17) 0.17 DDI / Benson Matter provision 1.33 0.33 1.00 Gain on sale of business (1.36) (0.01) (1.36) Other (non-recurring adjustments) 0.07 0.01 0.06 Net adjustments 0.64 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (3) 1.99 All amounts presented are in $ and reflect continuing operations (1) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (2) The reported effective tax rate was 29.7%. Adjusted for the above items, the effective tax rate was 32.2% (3) Adjusted EPS was calculated using weighted average shares outstanding of 203.4 million, which includes the dilutive impact of share-based payment awards

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Reconciliations of Non-GAAP Measures - FY'21 $ millions; all amounts presented reflect continuing operations (1) Includes amortization of upfront license fees (2) Primarily includes transaction-related costs For the year ended December 31, 2021 Global Lottery Global Gaming PlayDigital Business Segments Total Corporate and Other Total IGT PLC Income from continuing operations 255 Provision for income taxes 274 Interest expense, net 341 Foreign exchange gain, net (66) Other non-operating expense, net 98 Operating income (loss) 1,088 43 33 1,164 (262) 902 Depreciation 191 121 15 326 (1) 325 Amortization - service revenue (1) 216 — — 216 — 216 Amortization - non-purchase accounting 34 5 — 40 3 43 Amortization - purchase accounting — — — — 158 158 Restructuring 8 (4) (1) 3 2 6 Stock-based compensation 8 8 1 17 18 35 Other (2) — — — — 1 1 Adjusted EBITDA 1,545 173 48 1,766 (80) 1,686 Cash flows from operating activities - continuing operations 1,010 Capital expenditures (238) Free Cash Flow 771 36

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Reconciliations of Non-GAAP Measures - FY'21 37 For the year ended December 31, 2021 Pre-Tax Impact Tax Impact (1)(2) Net Impact Reported EPS from continuing operations attributable to IGT PLC - diluted 0.31 Adjustments: Foreign exchange gain, net (0.32) 0.13 (0.45) Amortization - purchase accounting 0.76 0.18 0.58 Loss on extinguishment and modifications of debt, net 0.42 — 0.42 Discrete tax items — (0.27) 0.27 Other (non-recurring adjustments) 0.04 0.01 0.02 Net adjustments 0.85 Adjusted EPS from continuing operations attributable to IGT PLC - diluted (3) 1.16 All amounts presented are in $ and reflect continuing operations (1) Adjustments for income taxes are determined based on the statutory tax rate in effect in the respective jurisdiction where the adjustment originated (2) The reported effective tax rate was 51.8%. Adjusted for the above items, the effective tax rate was 39.9% (3) Adjusted EPS was calculated using weighted average shares outstanding of 206.8 million, which includes the dilutive impact of share-based payment awards

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