Company: CZR
Filing Date: 2025-04-24
Form Type: DEF 14A
Source: 0001193125-25-093716
Chunk: 61

Company: Caesars Entertainment, Inc.
Filing Date: 2025-04-24
Form: DEF 14A
Chunk 61
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 dividend yield of 0%; and (iv) an expected volatility of 55.05% based on the historical volatility of the Company and each member of the S&P 500 Index over the prior 2.93 years. At the grant date, we believed that it was probable that the performance criteria applicable to the non-market-based PSUs would be met at target level and that each individual will remain employed through the vesting period. For the market-based PSUs (i.e., the PSUs based on rTSR and Mr. Reeg’s hurdle award granted during 2022), the probable outcome of achievement of the market-based TSR performance / applicable stock price hurdles was determined using a Monte Carlo simulation model. For both the market-based and non-market based PSUs (other than Mr. Reeg’s hurdle award), the maximum number of PSUs eligible to vest is equal to 200% of the target award. Assuming maximum level of achievement of the PSUs with non-market-based performance conditions granted during 2024, the grant date fair value of the awards granted to Messrs. Reeg, Yunker, Anthony L. Carano, and Quatmann and Ms. Lepori would have been $1,849,272, $700,718, $854,030, $389,288 and $352,806, respectively. The hurdle award granted to Mr. Reeg in 2022 was only eligible to vest up to 100% of the awards granted, which were forfeited in February 2025 because we did not meet any of the applicable stock price hurdles. |

| (3) | Amounts shown for 2024, 2023 and 2022 represent the amounts earned under our annual bonus plan in respect of performance achieved during the applicable year. |

| (4) | The amount reported for Mr. Yunker for 2023 in the prior year proxy statement unintentionally omitted approximately $40,471 relating to personal security costs. The Company views the omission as immaterial; however, we have included the amount in Mr. Yunker’s “All Other Compensation” for 2023 in the table above. |

| 44 |     | 2025 PROXY STATEMENT |

#### All other compensation for 2024 consisted of the following:NAMELIFEINSURANCEPREMIUMS($)LONG-TERMDISABILITY($)GROUPTERMLIFEINSURANCE($)USE OFCORPORATEOR LEASEDAIRCRAFT($)(a)401