RTH has today announced that the Stake contract will not be renewed in Q2 2026

RAS Technology Holdings Limited (ASX: RTH) ("RAS" or the "Company"), a leading provider of fully integrated premium data and enhanced content and technology solutions to the global racing and wagering industries, advises the Complete Racing Solution contract with Stake will not be renewed at the end of its current two-year term in May 2026.

RAS will continue to focus on growth in its regulated markets of Australia, UK, Europe, Americas, and the Middle East. The Company will also further concentrate resources and expertise in accelerating growth in Racing and Sports Asia with its significant expansion runway and opportunities.

The non-renewal is not expected to have a material impact on RAS's financial performance in FY26. The Company maintains a strong pipeline of opportunities for FY27, including the recently announced deal to provide a complete racing solution to the LeoVegas Group, and remains confident in its growth trajectory.

RAS Technology Managing Director and CEO, Stephen Crispe, said: “As RAS pursues a refined strategic direction focused on core international regulated markets, our team will focus resources on the high-growth opportunities in Asia and other key regulated markets where we see significant potential for our premium data and technology solutions. We thank Stake for placing their trust in RAS to launch their global racing service and wish them well in their future endeavours.”

Director of Stake, Jarrod Febbraio, said: “We would like to sincerely thank Racing and Sports for their support in partnering with us to launch our racing offer to our Global customer base. RAS are true racing experts and have been a highly professional partner in helping us to deliver a quality service to our clients.”

- Ends – This announcement was authorised for release by the Board of RA

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