Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 55

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 55
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160% based on a free cash flow target, as defined in the award agreement, with the following payout thresholds:•Achievement of less than threshold of 90% of target results in attainment of 0% for the year;•Achievement of 90% of target results in attainment of 70% for the year;•Achievement of 100% of target results in a 100% attainment for the year; and•Achievement of 120% or more of target results in a maximum attainment of 160% for the year.Performance between threshold, target, and maximum percentile requirements are interpolated based on the attainment grid approved by the Compensation Committee for each calendar year. The attainment percentage for each of the three years is averaged to determine the final payout amounts at the end of the three-year period.BENEFITSThe NEOs are eligible to participate in various benefit plans, including 401(k), health insurance, life insurance and short and long-term disability plans that are generally available to all salaried team members. We offer a deferred compensation plan to certain team members, including our executive officers, in order to give them the ability to elect to defer the payment of all or a portion of their base salary and annual performance bonus earned in respect of a given year.CLAWBACKS AND FORFEITURESPursuant to the terms of our Policy for Recovery of Erroneously Awarded Compensation, in the event that the Company is required to prepare an accounting restatement, the Company is required (subject only to a determination by the Compensation Committee that recovery would be impracticable) to recover from executive officers the portion of any incentive-based compensation that is erroneously awarded regardless of whether the executive officer engaged in misconduct or otherwise caused or contributed to the requirement for the restatement.STOCK OWNERSHIP GUIDELINESThe Compensation Committee and the Board encourage executives to implement our business strategies and initiatives from the perspective of a shareholder and, to this end, encourage executives to maintain a meaningful equity stake in the Company in order to reinforce the alignment of the interests of the CEO and other NEOs with those of the Company and its shareholders.402025 PROXY STATEMENT
To that end, we maintain the following minimum stock ownership guidelines for our executive officers:

| POSITION                 |     | MULTIPLE OF BASE SALARY |
| CEO                      |     | 5x                      |
| CFO and COO              |     | 4x                      |
| Other Executive Officers |     | 2x                      |

Each of the executive