Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 21

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 21
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, banking, consulting, legal, accounting, charitable, familial or other business and personal relationships any director may have with us.•Based on the Nasdaq listing standards, Messrs. Gary L. Carano and Reeg are not considered independent because of their current positions as executive officers of the Company.•In determining that Mr. Pegram is independent, the Board considered the personal and business relationships that Mr. Pegram has had with the Carano family for over 20 years, includingco-ownershipof local casinos in Northern Nevada. The Board also considered that the Company leases space from two of Mr. Pegram’s casinos to operate retail sportsbooks, and space for sports betting kiosks at three additional casinos of Mr. Pegram. Rent payments made by the Company during 2024 under these lease arrangements represented approximately 0.15% of the five casinos’ gross revenues for 2024. Finally, the Board also considered that Mr. Pegram is an investor in astart-upbusiness with Messrs. Reeg and Tomick. The Board affirmatively determined that such relationships would not interfere with Mr. Pegram’s ability to exercise independent judgment in carrying out his responsibilities as a director.•In determining that Mr. Tomick is independent, the Board considered that Mr. Tomick is an investor in astart-upbusiness with Messrs. Reeg and Pegram. The Board affirmatively determined that such relationships would not interfere with his ability to exercise independent judgement in carrying out his responsibilities as a director.•In determining that Ms. Jones Blackhurst is independent, the Board considered Ms. Jones Blackhurst’s role as the Executive Vice President of Communications and Government Relations of Caesars Entertainment Operating Company from November 2011 until October 2017 and her role as the Executive Vice President, Public Policy and Corporate Responsibility of CEC from May 2017 through September 2019. The Board affirmatively determined that such relationship, which ended more than five years ago, would not interfere with her ability to exercise independent judgment in carrying out her responsibilities as a director.To effectively support its responsibilities, the Board currently has four committees: an Audit Committee, a Compensation Committee, a Nominating and Corporate Governance Committee and a Corporate Social Responsibility Committee. Each committee is currently comprised solely of independent directors and during 2024 each of our standing committees was comprised solely of independent directors. As of the date of this Proxy Statement, Messrs. Lynn and Papapostolou have not been appointed to serve on any committees of the Board. The Company