DraftKings Inc. — Call Transcript 2026

Welcome, ladies and gentlemen, to the 2026 virtual shareholder meeting of DraftKings Inc. I'm Stan Dodge, the Chief Legal Officer and Secretary of DraftKings Inc., and I'll be serving as Secretary for today's meeting. It is now 11:30 A.M. Eastern time. Let's get started. I'll now turn over the meeting to Jason Robins, our Chief Executive Officer, Chairman, and Co-founder. Thank you for joining our 2026 virtual shareholder meeting. I'm Jason Robins, and I'll be serving as chairman for today's meeting. The polls are now open for voting on your shareholder webcast portal. During the meeting, shareholders will have an opportunity to submit questions through the webcast portal. We will do our best to respond to appropriate questions regarding the business of this shareholder meeting. For questions related to our Q1 results, we would refer you to the earnings materials posted on the investor relations section of our website and our quarterly report on Form 10-Q, which we filed with the Securities and Exchange Commission on May 8, 2026. I would like to welcome our board of directors who are present today and thank each of them for their service during the past year. Also present are Darrington Hopson, Jonathan Kolinesky, Janice Garofalo-Regis, representatives of BDO USA, P.C., which is our independent registered public accounting firm, and Terence Hassett, who has been appointed to act as the inspector of elections for the meeting. I will now ask Mr. Dodge as secretary for this meeting to confirm the notice that the meeting has been properly given. Thank you, Mr. Chairman. I'm pleased to confirm that notice of this meeting has been duly given and that a proxy statement was duly sent to all the company's shareholders of record as of the close of business on March 19th, 2026. Thank you, Mr. Secretary. Mr. Hassett, as Inspector of elections, has filled out oath of office with the company. Mr. Hassett's certificate indicates that the holders of a quorum of the voting securities of the company are virtually present or represented by proxy at this meeting. Thank you, Mr. Chairman. On the basis of my report as a secretary and Mr. Hassett's report as the Inspector of Elections, I find that this meeting has been properly convened. There are three proposals to be voted on today. They are all discussed in detail in our proxy statement. The three proposals are, Number one, the election of 11 directors to our board of directors. Number two, the ratification of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending December 31st, 2026. Number three, the approval on a non-binding advisory basis of our executive compensation. We will now review any appropriate questions received regarding the business of this meeting. Thank you, Mr. Chairman. We have not received any appropriate questions regarding the business of the shareholder meeting. Thank you. Mr. Hassett has informed me that the polls are now closed and a preliminary report of the voting results is complete. Mr. Hassett, may I have your report? Mr. Chairman, based on a preliminary count, proposals one, two, and three have been approved by more than 90% of the total voting power. Thank you, Mr. Inspector. The final voting results will be reported in a Form 8-K that will be filed with the Securities and Exchange Commission. That concludes our proceedings today, and the meeting is hereby adjourned. Thank you, everyone, for participating in today's meeting and for your continued support of DraftKings. This now concludes the meeting. Thank you for joining. Have a pleasant day.

Speaker 2: Welcome, ladies and gentlemen, to the 2026 virtual shareholder meeting of DraftKings Inc. I'm Stan Dodge, the Chief Legal Officer and Secretary of DraftKings Inc., and I'll be serving as Secretary for today's meeting. It is now 11:30 A.M. Eastern time. Let's get started. I'll now turn over the meeting to Jason Robins, our Chief Executive Officer, Chairman, and Co-founder. Welcome, ladies and gentlemen, to the 2026 virtual shareholder meeting of DraftKings Inc. I'm Stan Dodge, the Chief Legal Officer and Secretary of DraftKings Inc., and I'll be serving as Secretary for today's meeting. welcome ladies and gentlemen to the 2026 virtual shareholder meeting of draftkings inc i'm stan dodge the chief legal officer and secretary of draftkings inc and i'll be serving as secretary for today's meeting It is now 11:30 A.M. it is now 11:30 a.m Eastern time. eastern time Let's get started. let's get started I'll now turn over the meeting to Jason Robins, our Chief Executive Officer, Chairman, and Co-founder. i'll now turn over the meeting to jason robins our chief executive officer chairman and co-founder

Speaker 1: Thank you for joining our 2026 virtual shareholder meeting. I'm Jason Robins, and I'll be serving as chairman for today's meeting. The polls are now open for voting on your shareholder webcast portal. During the meeting, shareholders will have an opportunity to submit questions through the webcast portal. We will do our best to respond to appropriate questions regarding the business of this shareholder meeting. For questions related to our Q1 results, we would refer you to the earnings materials posted on the investor relations section of our website and our quarterly report on Form 10-Q, which we filed with the Securities and Exchange Commission on May 8, 2026. I would like to welcome our board of directors who are present today and thank each of them for their service during the past year. Thank you for joining our 2026 virtual shareholder meeting. thank you for joining our 2026 virtual shareholder meeting I'm Jason Robins, and I'll be serving as chairman for today's meeting. i'm jason robins and i'll be serving as chairman for today's meeting The polls are now open for voting on your shareholder webcast portal. the polls are now open for voting on your shareholder webcast portal During the meeting, shareholders will have an opportunity to submit questions through the webcast portal. during the meeting shareholders will have an opportunity to submit questions through the webcast portal We will do our best to respond to appropriate questions regarding the business of this shareholder meeting. we will do our best to respond to appropriate questions regarding the business of this shareholder meeting For questions related to our Q1 results, we would refer you to the earnings materials posted on the investor relations section of our website and our quarterly report on Form 10-Q, which we filed with the Securities and Exchange Commission on May 8, 2026. for questions related to our q1 results we would refer you to the earnings materials posted on the investor relations section of our website and our quarterly report on form 10-q which we filed with the securities and exchange commission on may 8 2026 I would like to welcome our board of directors who are present today and thank each of them for their service during the past year. i would like to welcome our board of directors who are present today and thank each of them for their service during the past year Also present are Darrington Hopson, Jonathan Kolinesky, Janice Garofalo-Regis, representatives of BDO USA, P.C., which is our independent registered public accounting firm, and Terence Hassett, who has been appointed to act as the inspector of elections for the meeting. I will now ask Mr. Dodge as secretary for this meeting to confirm the notice that the meeting has been properly given. Also present are Darrington Hopson, Jonathan Kolinesky, Janice Garofalo-Regis, representatives of BDO USA, P.C., which is our independent registered public accounting firm, and Terence Hassett, who has been appointed to act as the inspector of elections for the meeting. also present are darrington hopson jonathan kolinesky janice garofalo-regis representatives of bdo usa p.c which is our independent registered public accounting firm and terence hassett who has been appointed to act as the inspector of elections for the meeting I will now ask Mr. Dodge as secretary for this meeting to confirm the notice that the meeting has been properly given. i will now ask mr dodge as secretary for this meeting to confirm the notice that the meeting has been properly given

Speaker 2: Thank you, Mr. Chairman. I'm pleased to confirm that notice of this meeting has been duly given and that a proxy statement was duly sent to all the company's shareholders of record as of the close of business on March 19th, 2026. Thank you, Mr. Chairman. thank you mr chairman I'm pleased to confirm that notice of this meeting has been duly given and that a proxy statement was duly sent to all the company's shareholders of record as of the close of business on March 19th, 2026. i'm pleased to confirm that notice of this meeting has been duly given and that a proxy statement was duly sent to all the company's shareholders of record as of the close of business on march 19th 2026

Speaker 1: Thank you, Mr. Secretary. Mr. Hassett, as Inspector of elections, has filled out oath of office with the company. Mr. Hassett's certificate indicates that the holders of a quorum of the voting securities of the company are virtually present or represented by proxy at this meeting. Thank you, Mr. Secretary. thank you mr secretary Mr. Hassett, as Inspector of elections, has filled out oath of office with the company. mr hassett as inspector of elections has filled out oath of office with the company Mr. Hassett's certificate indicates that the holders of a quorum of the voting securities of the company are virtually present or represented by proxy at this meeting. mr hassett's certificate indicates that the holders of a quorum of the voting securities of the company are virtually present or represented by proxy at this meeting

Speaker 2: Thank you, Mr. Chairman. On the basis of my report as a secretary and Mr. Hassett's report as the Inspector of Elections, I find that this meeting has been properly convened. Thank you, Mr. Chairman. thank you mr chairman On the basis of my report as a secretary and Mr. Hassett's report as the Inspector of Elections, I find that this meeting has been properly convened. on the basis of my report as a secretary and mr hassett's report as the inspector of elections i find that this meeting has been properly convened

Speaker 1: There are three proposals to be voted on today. They are all discussed in detail in our proxy statement. The three proposals are, Number one, the election of 11 directors to our board of directors. Number two, the ratification of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending December 31st, 2026. Number three, the approval on a non-binding advisory basis of our executive compensation. We will now review any appropriate questions received regarding the business of this meeting. There are three proposals to be voted on today. there are three proposals to be voted on today They are all discussed in detail in our proxy statement. they are all discussed in detail in our proxy statement The three proposals are, Number one, the election of 11 directors to our board of directors. the three proposals are number one the election of 11 directors to our board of directors Number two, the ratification of BDO USA, P.C. as our independent registered public accounting firm for the fiscal year ending December 31st, 2026. number two the ratification of bdo usa p.c as our independent registered public accounting firm for the fiscal year ending december 31st 2026 Number three, the approval on a non-binding advisory basis of our executive compensation. number three the approval on a non-binding advisory basis of our executive compensation We will now review any appropriate questions received regarding the business of this meeting. we will now review any appropriate questions received regarding the business of this meeting

Speaker 2: Thank you, Mr. Chairman. We have not received any appropriate questions regarding the business of the shareholder meeting. Thank you, Mr. Chairman. thank you mr chairman We have not received any appropriate questions regarding the business of the shareholder meeting. we have not received any appropriate questions regarding the business of the shareholder meeting

Speaker 1: Thank you. Mr. Hassett has informed me that the polls are now closed and a preliminary report of the voting results is complete. Mr. Hassett, may I have your report? Thank you. thank you Mr. Hassett has informed me that the polls are now closed and a preliminary report of the voting results is complete. mr hassett has informed me that the polls are now closed and a preliminary report of the voting results is complete Mr. Hassett, may I have your report? mr hassett may i have your report

Speaker 3: Mr. Chairman, based on a preliminary count, proposals one, two, and three have been approved by more than 90% of the total voting power. Mr. Chairman, based on a preliminary count, proposals one, two, and three have been approved by more than 90% of the total voting power. mr chairman based on a preliminary count proposals one two and three have been approved by more than 90% of the total voting power

Speaker 1: Thank you, Mr. Inspector. The final voting results will be reported in a Form 8-K that will be filed with the Securities and Exchange Commission. That concludes our proceedings today, and the meeting is hereby adjourned. Thank you, everyone, for participating in today's meeting and for your continued support of DraftKings. Thank you, Mr. Inspector. thank you mr inspector The final voting results will be reported in a Form 8-K that will be filed with the Securities and Exchange Commission. the final voting results will be reported in a form 8-k that will be filed with the securities and exchange commission That concludes our proceedings today, and the meeting is hereby adjourned. that concludes our proceedings today and the meeting is hereby adjourned Thank you, everyone, for participating in today's meeting and for your continued support of DraftKings. thank you everyone for participating in today's meeting and for your continued support of draftkings

Speaker 2: This now concludes the meeting. Thank you for joining. Have a pleasant day. This now concludes the meeting. this now concludes the meeting Thank you for joining. thank you for joining Have a pleasant day. have a pleasant day