Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 35

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 35
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 on an annual basis (with the next such vote (after the vote on Proposal 2 at this Annual Meeting) occurring at our 2026 annual meeting of shareholders). Unless the Board determines otherwise, the next say-on-frequencyvote will occur at the 2027 annual meeting of shareholders. Our executive compensation program is designed to enhance shareholder value by focusing on the specific performance metrics that drive enterprise value, attract, motivate and retain highly-qualified executives committed to the Company’s long-term success and provide competitive salaries relative to their peers. To that end, we provide a program of cash and equity-based awards to promote executive continuity, to align the interests of the Company’s executives with those of our shareholders and to reward executives for superior performance, as measured by both financial and non-financial metrics. We urge shareholders to read the “Compensation Discussion and Analysis” section of this Proxy Statement beginning on page 28, which describes the Company’s executive compensation programs and the decisions made by the Compensation Committee and the Board with respect to the year ended December 31, 2024. The Board is asking shareholders to approve the following advisory resolution at the Annual Meeting: “RESOLVED, that the compensation paid to the Company’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K in theCompany’s proxy statement, including the Compensation Discussion and Analysis, compensation tables and narrative discussion contained therein, is hereby approved.” Because the vote on this proposal is advisory in nature, it will not affect any compensation already paid or awarded to any named executive officer and will not be binding on or overrule any decisions of the Company, the Board or the Compensation Committee and it will not create or imply any change to the fiduciary duties of, or create or imply any additional duties for, the Company, the Board or the Compensation Committee. Although non-binding, the Boardand the Compensation Committee will review and consider the voting results in their entirety when making future decisions regarding our executive compensation program.

| 26 |     | 2025 PROXY STATEMENT |

EXECUTIVE OFFICERS Executive officers serve at the discretion of our Board and hold office until their successors are duly elected and qualified or, if earlier, until their death, resignation or removal. Our executive officers as of the date of this Proxy Statement are:

| NAME                    |     | POSITION                                        |
| Gary L. Carano          |     | Executive Chairman of the Board                 |
| Thomas R. Reeg          |     | Chief Executive Officer and member of the Board |
| Bret Y