Company: LAWIL
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-041831
Chunk: 99

Company: Light & Wonder, Inc.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 99
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 Wonder. These non-GAAP financial measures should not be considered in isolation of, as a substitute for, or superior to, the consolidated financial information prepared in accordance with GAAP, and should be read in conjunction with the Company’s financial statements filed with the SEC. A-1

TABLE OF CONTENTS

RECONCILIATION OF GAMING AND CONSOLIDATED REVENUE TO LWICP REVENUE

| ​                                  | ​ | ​ | Year EndedDecember 31, 2024 |   |       |   |   |   |              |   |       |   | ​ |
|:-----------------------------------|:--|:--|:----------------------------|:--|------:|:--|:--|:--|:-------------|:--|------:|:--|:--|
| (unaudited, $ in millions)         | ​ | ​ | Gaming                      |   |       |   | ​ | ​ | Consolidated |   |       |   | ​ |
| Revenue                            | ​ | ​ | ​                           | $ | 2,068 | ​ | ​ | ​ | ​            | $ | 3,188 | ​ | ​ |
| Compensation Committee adjustments | ​ | ​ | ​                           | ​ |     — | ​ | ​ | ​ | ​            | ​ |     — | ​ | ​ |
| LWICP Revenue                      | ​ | ​ | ​                           | $ | 2,068 | ​ | ​ | ​ | ​            | $ | 3,188 | ​ | ​ |

A-2

TABLE OF CONTENTS

RECONCILIATION OF CONSOLIDATED AEBITDA

| (unaudited, $ in millions)                                                     
 Reconciliation of Net Income (Loss) Attributable toL&W to Consolidated AEBITDA | ​ 
 ​ | ​ 
 ​ | December 31,2024 
 ​                | ​ |     ​ | ​ | ​ 
 ​ | ​ 
 ​ | December 31,2023 
 ​                | ​ |     ​ | ​ | ​ 
 ​ | ​ 
 ​ | December 31,2022 
 ​                | ​ |      ​ | ​ | ​ 
 ​ | ​ 
 ​ | December 31,2021 
 ​                | ​ |    ​ | ​ | ​ 
 ​ |
|:-------------------------------------------------------------------------------|:--|:--|:-----------------|:--|------:|:--|:--|:--|