Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 100

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 100
---
31, 2024 |   |       |   |   |   |              |   |       |   | ​ |
|:---------------------------|:--|:--|:----------------------------|:--|------:|:--|:--|:--|:-------------|:--|------:|:--|:--|
| (unaudited, $ in millions) | ​ | ​ | Gaming                      |   |       |   | ​ | ​ | Consolidated |   |       |   | ​ |
| Consolidated AEBITDA       | ​ | ​ | ​                           | $ | 1,027 | ​ | ​ | ​ | ​            | $ | 1,244 | ​ | ​ |
| LWICP adjustments(1)       | ​ | ​ | ​                           | ​ |   -17 | ​ | ​ | ​ | ​            | ​ |   -36 | ​ | ​ |
| LWICP AEBITDA              | ​ | ​ | ​                           | $ | 1,010 | ​ | ​ | ​ | ​            | $ | 1,208 | ​ | ​ |

(1) Represents reduction for incentive compensation and capitalized labor. RECONCILIATION OF CONSOLIDATED AEBITDA TO RSU AEBITDA

| (unaudited, $ in millions)         | ​ | ​ | Year EndedDecember 31, 2024 |   |       |   | ​ |
|:-----------------------------------|:--|:--|:----------------------------|:--|------:|:--|:--|
| Consolidated AEBITDA               | ​ | ​ | ​                           | $ | 1,244 | ​ | ​ |
| Compensation Committee adjustments | ​ | ​ | ​                           | ​ |     — | ​ | ​ |
| RSU AEBITDA                        | ​ | ​ | ​                           | $ | 1,244 | ​ | ​ |

A-4

TABLE OF CONTENTS Appendix B Proposed Light & Wonder, Inc. Amended and Restated 2003 Incentive Compensation Plan AMENDED AND RESTATED 2003 INCENTIVE COMPENSATION PLAN 1. Purpose. The purpose of this 2003 Incentive Compensation Plan, as amended and restated (the “Plan”), is to assist Light & Wonder, Inc., a Nevada corporation (the “Company”), and its subsidiaries in attracting, retaining, motivating and rewarding executives, directors, employees