Company: ACEL
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001628280-25-018604
Chunk: 78

Company: Accel Entertainment, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 78
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SE with respect to non-stockholder approved plans. This could require us to offer material cash-based incentives as well as annual cash incentive bonus plans for our eligible officers rather than utilizing performance awards to compete for talent, which could have a significant impact upon our quarterly results of operations and balance sheet. Moreover, this would not be competitive with most of our peer companies with which we compete for talent. We believe that a cash-based incentive program for all of our executive leadership would not have significant long-term retention value and would not serve to align our employees’ interests as closely with those of our stockholders in the absence of equity incentives.

Our future success depends heavily on our ability to attract and retain high caliber employees. The ability to grant equity awards is a necessary and powerful recruiting and retention tool for us to hire and motivate the quality personnel we need to compete.

For these reasons, we request that our stockholders approve the Second A&R LTIP. If the Second A&R LTIP is not approved, we do not expect to be able to offer competitive equity packages to retain our current employees and hire new employees.

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Interests of Certain Persons in the Second A&R LTIP

Our executive officers and members of our Board have an interest in this proposal by virtue of their being eligible to receive equity awards under the Second A&R LTIP.

As discussed in further detail in the section titled “Director Compensation” of this proxy statement, under our current non-employee director compensation practices and subject to approval by our Board, each non-employee director (other than the Chairman and the Vice Chairman) will receive an annual RSU grant with a grant date value of $140,000, our Chairman will receive an annual RSU grant with a grant date value of $310,000 and our Vice Chairman will receive an annual RSU grant with a grant date value of $300,000.

It is not possible to determine the benefits that will be received by participants in the Second A&R LTIP, including our NEOs and our non-employee directors, in the future because all grants are made in the discretion of our Board or our Compensation Committee. Neither our Board nor our Compensation Committee has approved any awards that are conditioned upon stockholder approval of the Second A&R LTIP.

Other than as described herein, we do not believe that our executive officers or directors have substantial interests in this proposal that are different from or greater than those of any other of our stockholders.

#### Required Vote
The approval of the Second A&R LT