Company: ACEL
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001628280-25-018604
Chunk: 69

Company: Accel Entertainment, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 69
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, and do not include an adjustment for any shares returned to the A&R LTIP or as a result of the forfeiture, lapse, repurchase or other termination of awards.

| Outstanding Options  under all plans |     | Weighted-average exercise price of options |     | Weighted-average remaining term of options |     | Full value awards outstanding under all plans (including RSUs and PSUs) |     | Number of shares available for grant under all plans |
| 1,066,753                            |     |                                     $11.89 |     |                                        5.9 |     |                                                               3,469,912 |     |                                            2,288,606 |

We Broadly Distribute Equity Awards

Our equity awards are widely spread among our employees. For example, during 2024, our named executive officers received an aggregate of RSUs and PSUs for 298,762 shares, or approximately 28% of aggregate equity awards we granted to all employees in 2024.

#### Purpose of the Second A&R LTIP
Our Board adopted the Second A&R LTIP to provide a means to retain the services of our employees, directors, consultants, independent contractors and advisors, and those of any parent or subsidiary of ours, to attract and retain the new talent to our company that we will require to execute our strategy and grow our business, and to provide a means by which these eligible individuals may be given an opportunity to benefit from increases in the value of our Class A-1 common stock through the grant of equity awards, thereby aligning the long-term compensation and interests of those individuals with our stockholders.

We will continue to review our compensation plans and strategies as our business evolves and will continue to use equity and performance-based incentives to drive accountability by our leadership team and to reward for sustained strong performance. We believe that increasing the number of shares available for grant under the Second A&R LTIP will enable us to continue to provide competitive equity compensation to our employees and directors while continuing to comply with best practices for equity incentive plan grant practices.

#### Share Reserve
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As of December 31, 2024, there were 2,288,606 shares of Class A-1 common stock available for future grant under our A&R LTIP.

In addition, if all or any portion of an award expires or is cancelled, forfeited, exchanged, settled in cash or otherwise terminated without the actual delivery of shares, the shares of Class A-1 common stock subject to such