On 2 October 2019, Flutter Entertainment plc and The Stars Group Inc. jointly announced that they had reached agreement on the terms of a recommended all-share combination (the Combination). The proposed Combination is to be implemented through the acquisition of all of the issued and outstanding common shares of TSG by Flutter, pursuant to a Court approved plan of arrangement under the Business Corporations Act (Ontario) involving TSG, its shareholders (TSG Shareholders) and Flutter (the Plan of Arrangement). Under the terms of the Combination, Flutter and TSG have agreed that, subject to and with effect from completion of the Combination, the following individuals will be appointed as Directors of Flutter (the "Proposed Directors"): Divyesh (Dave) Gadhia; Rafael (Rafi) Ashkenazi; Richard Flint; Alfred F. Hurley, Jr.; David Lazzarato; and Mary Turner, Each of the Proposed Directors will be Non-Executive Directors of Flutter. Divyesh/(Dave) will assume the role of Deputy Chair. Following extensive discussions about the optimal construct of the senior executive team, and having regard to a number of personal considerations, Rafi Ashkenazi has now agreed to act as a consultant to Flutter and will join the Board in a non-executive capacity. Flutter also announced that, subject to completion, Jan Bolz and Emer Timmons will step down as Non-Executive Directors of Flutter. In addition, Ian Dyson will, with effect from the close of Flutter's 2020 AGM, step down from the Audit Committee and will relinquish his roles as Senior Independent Director and Chair of the Nomination Committee, with Andrew Higginson assuming these positions. Mr. Dyson will continue in his role as Non-Executive Director.