Exhibit JDR2

16.

This year ’ s Derby Festival will take place between Friday 2 and Saturday 3 June 2023 (the “ 2023 Derby Festival ” ), with the Derby scheduled to commence at 1:30pm on the second day (the “ 2023 Derby ” ). Approximately 100,000 people attend the Derby, with millions watching around the world including in Japan, Hong Kong and Australia.

17.

The Racecourse – Proprietorship

18.

An ownership plan is at page 12 of NT1, which is summarised as:

Land Description

Freehold / Leasehold

Title number

Land being Epsom Racecourse, Epsom Downs (but excluding any roads) Land being Epsom Downs and land lying to the South of Epsom Downs, Epsom Land adjoining Golf Cottage, 84 Longdown Lane South, Epsom KT17 4JR Land being Derby Stables, Derby Stables Road, Epsom Land known as the Paddock, Langley Vale Road, Epsom KT18 5NQ

Leasehold

SY645094

Freehold

SY229932

Freehold

SY691867

Freehold Freehold

SY640786 SY251358

Land at Derby Arms Paddock, Downs Road, Epsom

Freehold

SY840946

19.

While the Applicant owns the Racecourse, the land within it and around it is managed by the ‘ Conservators ’ pursuant to the Epsom and Walton Downs Regulation Act 1984 (the “ 1984 Act ” ) and Epsom and Walton Downs Conservators Byelaws (the “ Byelaws ” ). The Conservators were incorporated by the Epsom and Walton Downs Regulation Act 1936 with powers to regulate, preserve and control the Epsom Downs and Walton Downs. There are ten Conservators of which the Applicant holds three places.

The Racecourse – Geography

20.

The Racecourse is split into various zones. The racetrack itself is unlike other racetracks as it is a horseshoe shape. The start line for the Derby is at the southwest corner, it then extends eastwards before turning northwards and finally westwards to the final straight in front of the grandstands. The racetrack is approximately 1 mile and 4 furlongs in length (the “ Racetrack ” ).

5

JDR2 / 15

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