Company: GLPI
Filing Date: 2025-04-29
Form Type: DEF 14A
Source: 0001193125-25-101728
Chunk: 37

Company: Gaming & Leisure Properties, Inc.
Filing Date: 2025-04-29
Form: DEF 14A
Chunk 37
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 which accounts for only 10% of the overall bonus. The Committee determined that the individual component was achieved at maximum level based on its assessment of the Company’s overall financial and growth achievements and each NEO’s considerable efforts and contributions toward these achievements. Key considerations included:

| ● |     | The successful negotiation of a multi-transaction deal with Bally’s Corporation valued at over $1.5 billion. |

| ● |     | The completion of transactions adding seven (7) new properties to the Company’s portfolio. |

| Gaming and Leisure Properties, Inc. |     | 2025 Proxy Statement | 37 |

| Proxy Summary |     | Corporate Responsibility |     | Board of Directors |     | Executive Compensation |     | Audit Committee Matters |     | Voting Proposals |     | Other Matters |

Based on the formula and assessment described above and each NEO’s bonus opportunities, the following illustrates the actual amount paid to each NEO for 2024:

| Executive                                           |     | Actual Bonus Percent of Base Salary |     | Actual Payment |           |
|:----------------------------------------------------|:----|:------------------------------------|:----|:---------------|----------:|
| Chairman and Chief Executive Officer                |     | 175%                                |     | $              | 3,164,819 |
| President, Chief Operating Officer and Secretary    |     | 143%                                |     | $              |   875,000 |
| Chief Financial Officer and Treasurer               |     | 131%                                |     | $              |   689,063 |
| Senior Vice President and Chief Investment Officer  |     | 131%                                |     | $              |   564,375 |
| Senior Vice President and Chief Development Officer |     | 131%                                |     | $              |   564,375 |

Long-Term Performance-Based Equity Awards While the annual cash bonus program was designed to incentivize the Company’s management team to achieve specific near-term internal Company goals, the long-term performance equity award program was designed to focus the management team on the Company’s long-term performance in relation to the broader REIT indices. We believe that having a majority of compensation structured as equity compensation motivates executives to increase the long-term value of the Company by aligning a significant portion of their total compensation with the interests of the Company’s shareholders. We also believe that equity compensation is a critical tool in attracting and retaining executives with the type of entrepreneurial spirit that has been and will continue to be integral to the Company’s success