Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 73

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 73
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 purposes of determining the median employee. We determined that the median employee’s annual total compensation for 2024 was $43,880 using the same methodologies as we used for the annual total compensation of our CEO, which was $18,371,934 as shown in the “Total” column of the Summary Compensation Table included in this Proxy Statement. Based on this information, for 2024 the ratio of the annual total compensation of Mr. Reeg to the annual total compensation of the median employee was 419 to 1. Because the SEC rules for identifying the median employee of the annual total compensation of our employees and calculating the pay ratio based on that employee’s annual total compensation allow companies to adopt a variety of methodologies, to apply certain exclusions, and to make reasonable estimates and assumptions that reflect their employee populations and compensation practices, the pay ratio reported by other companies may not be comparable to our pay ratio, as other companies may utilize different methodologies in calculating their pay ratios.

| 54 |     | 2025 PROXY STATEMENT |

Pay Versus Performance

As required by Section 953(a) of the Dodd-Frank Act, and Item 402(v) of Regulation S-K, we are providing the following information about the relationship between executive compensation actually paid to our Principal Executive Officer (“PEO”), the average of our other NEOs, other than the CEO (“Non-PEO NEOs”), and certain financial performance metrics of the Company. The Compensation Committee does not utilize this information when determining executive compensation. For further information concerning the Company’s pay-for-performance philosophy and how the Company seeks to align executive compensation with the Company’s performance, refer to the Compensation Discussion and Analysis section of this Proxy Statement.

| YEAR |     |   | SUMMARYCOMPENSATIONTABLE TOTALFOR PEO(1) |     |   | COMPENSATIONACTUALLY PAIDTO PEO(2) |   |     |   | AVERAGESUMMARYCOMPENSATIONTABLE TOTALFORNON-PEONEOS(3) |     |   | AVERAGECOMPENSATIONACTUALLY PAIDTONON-PEONEOS(4) |   |     |   | TOTALSHAREHOLDERRETURN(5) |     |   | VALUE OF INITIAL FIXED $100INVESTMENT BASED ON: 
             PEER GROUPTOTALSHAREHOLDERRETURN(6) |     |   | NET INCOME(LOSS)(MILLIONS)(7) |   |     |   | ADJUSTEDEBITDA(MILL