Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 46

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 46
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 Compensation Committee determined to increase the 2024 base salaries for Messrs. Yunker and Quatmann and Ms. Lepori based on a combination of merit increases, a review of external competitive market data from the annual Aon study and internal alignment objectives. The 2024 base salaries for Messrs. Reeg and Anthony L. Carano remain unchanged from 2023. The NEOs’ base salary levels are set forth in the table below.

| EXECUTIVE NAME          |     |   | BASE SALARY AS OF 
 DECEMBER 31, 2024 |     |   | BASE SALARY AS OF 
 DECEMBER 31, 2023 |     |  % Change |   |
|:------------------------|:----|:--|------------------:|:----|:--|------------------:|:----|----------:|:--|
| Thomas R. Reeg          |     | $ |         2,000,000 |     | $ |         2,000,000 |     | No Change |   |
| Bret Yunker             |     | $ |         1,200,000 |     | $ |         1,150,000 |     |       4.3 | % |
| Anthony L. Carano       |     | $ |         1,350,000 |     | $ |         1,350,000 |     | No Change |   |
| Edmund L. Quatmann, Jr. |     | $ |           800,000 |     | $ |           775,000 |     |       3.2 | % |
| Stephanie Lepori        |     | $ |           725,000 |     | $ |           700,000 |     |       3.6 | % |

ANNUAL INCENTIVES (CASH-BASED BONUS PLAN) The goals under our annual incentive plan are designed to be straight-forward in order to focus participants on clearly measurable metrics, balance corporate and property performance by individual participants, and implement the appropriate level of reward potential. Annual incentive awards have historically been based on the achievement of Adjusted EBITDA targets (as defined below). Performance targets are set by the Compensation Committee annually at the start of the applicable fiscal year. Adjusted EBITDA was established as the primary performance metric for 2024 because the Compensation Committee believed that it most accurately reflects our results of operations and represents a key performance metric in