Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 38

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 38
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 Quatmann, Jr. |     | Chief Legal Officer                             |
| Stephanie Lepori        |     | Chief Administrative and Accounting Officer     |

SIGNIFICANT BUSINESS AND FINANCIAL HIGHLIGHTS Significant business and financial highlights of the Company in 2024 include the following:

| • |     | Consolidated Net Revenues of $11.2 billion during the year ended December 31, 2024 compared to $11.5 billion during the same prior year period. |

| • |     | Net Loss of $211 million for the year ended December 31, 2024 compared to Net Income of $828 million in the same prior year period, due to a one-time income tax benefit of $940 million resulting from the reversal of a valuation allowance related to certain deferred tax assets in 2023. |

| • |     | Net Revenues, Net Income, Adjusted EBITDA and Adjusted EBITDA margin within our Caesars Digital segment significantly improved driven by higher iGaming handle and hold, as well as improved sports betting hold. |

| • |     | Amended our credit agreement for a new senior secured incremental term loan in an aggregate principal amount of $2.9 billion. |

| • |     | Successfully issued $1.5 billion in an aggregate principal amount of senior secured notes. |

| • |     | Applied proceeds from the issuance of the senior secured notes and the net proceeds from the new term loan to repay and extend the maturities of approximately $4.4 billion of debt resulting in no maturities until 2027. |

| • |     | Completed the sale of the World Series of Poker trademark for total consideration of $500 million. |

| • |     | Completed the sale of the LINQ Promenade for $275 million. |

| • |     | Applied proceeds of the World Series of Poker trademark and LINQ Promenade to further reduce our outstanding debt balance. |

| 28 |     | 2025 PROXY STATEMENT |

KEY ASPECTS OF 2024 EXECUTIVE COMPENSATION 50% of CEO and NEO Equity Compensation is Performance-Based 50% of the 2024 annual target long-term incentive equity grant was in the form of performance-based stock units (“PSUs”) for our CEO and other NEOs. In 2024, the long-term incentive PSUs were based 80% on total shareholder return (“TSR”) performance, relative to the S&P 500 (“rTSR