Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 77

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 77
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 for the purpose of evaluating performance for the Company’s compensation programs, the Company has determined thatAdjusted EBITDAis the financial performance measure that, in the Company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link company performance to compensation actually paid to the company’s NEOs, for the most recently completed fiscal year. |

See Appendix A for a reconciliation of Net Income (Loss) to Adju ste d EBITDA, which is a non-GAAP measure.

Financial Performance Measures

The most important financial performance measures used by the Company to link executive compensation actually paid to the Company’s NEOs, for the most recently completed fiscal year, to the Company’s performance are as follows:

| a. | Adjusted EBITDA |

| b. | Relative TSR |

| c. | Absolute TSR |

| 56 |     | 2025 PROXY STATEMENT |

Description of Relationship Between PEO and Average Non-PEONEO Compensation Actually Paid and Company Total Shareholder Return The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEONEOs, and the Company’s cumulative TSR over the five most recently completed fiscal years.

| 57 |

Description of Relationship Between PEO and Average Non-PEONEO Compensation Actually Paid and Net Income (Loss) The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEONEOs, and our Net Income (Loss) during the five most recently completed fiscal years.

| 58 |     | 2025 PROXY STATEMENT |

Description of Relationship Between PEO and Average Non-PEONEO Compensation Actually Paid and Adjusted EBITDA The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEONEOs, and our Adjusted EBITDA during the five most recently completed fiscal years. See Appendix A for a reconciliation of Net Income (Loss) to Adjusted EBITDA.

| 59 |

Description of Relationship Between Company TSR and Peer Group TSR The following chart compares our cumulative TSR over the five most recently completed fiscal years to that of the Dow Jones U.S. Gambling Total Stock Market Index over the same period.

| 60 |     | 2025 PROXY STATEMENT |

DIRECTOR COMPENSATION The Compensation Committee is responsible for reviewing director compensation and making relevant