Panama, February 13, 2024. Morgan & Morgan Legal acted as Panamanian legal counsel to Cirsa Finance International S.à.r.l. (the “Issuer”), in connection with the offering (the “Offering”) pursuant to the final offering memorandum dated January 30, 2024 (the "Offering Memorandum") of €650,000,000 aggregate principal amount of Senior Secured Notes consisting of €450,000,000 6.500% Senior Secured Notes due 2029 and €200,000,000 Floating Rate Senior Secured Notes due 2028  (the “Notes”), issued by the Issuer and guaranteed by its direct parent, Cirsa Enteprises, S.A.U. (the “Company”), and, among others, Gaming & Services de Panamá, S.A. (the “Panamanian Subsidiary Guarantor”, and together with the other guarantors, the “Guarantors”) and to the Purchase Agreement dated January 30, 2024 (the “Purchase Agreement”) by and among the Issuer, the Company, the Initial Purchasers listed therein and certain subsidiary guarantors listed therein.

CIRSA is one of the leading gaming companies in Spain, Italy and Latin America and is engaged in the operation of slot machines, casinos and bingo halls and the manufacture of slot machines.

Partner Roberto Vidal and associate Katia Pallares participated in this transaction.