Hollywood Bowl Group (BOWL) Investor Presentation summary

Investment rationale and market opportunity

• Revenue increased 135% and EBITDA more than doubled since IPO, with 70% growth in centre numbers.

• Canada chosen for its attractive demographics, fragmented market, and low-risk entry with a CAD 17m acquisition.

• 42 million population concentrated in key areas, with over 180 bowling centres, mostly independent.

Growth strategy and expansion

• Disciplined expansion began with acquisition in Toronto, followed by scaling in Calgary and AAA locations.

• Plan to reach 35+ centres by 2035, using a mix of acquisitions, refurbishments, and greenfield builds.

• Local management strengthened with UK expertise and hybrid support.

Financial and operational performance

• Canadian business now #1 operator with 15 centres and £38.4m FY2025 revenue.

• Centre-level EBITDA margins increased from 20% to 29% after investment and refurbishment.

• Estate, EBITDA, and revenue have grown 3-4x since FY2022, now 18% of group revenue.