Company: ACEL
Filing Date: 2025-04-21
Form Type: DEF 14A
Source: 0001628280-25-018604
Chunk: 42

Company: Accel Entertainment, Inc.
Filing Date: 2025-04-21
Form: DEF 14A
Chunk 42
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 be 50% to 200% of target based on the Compensation Committee’s performance assessment. Consistent with our Financial Component, performance below threshold will result in no payout.

AEBITDA was selected as the strongest financial indicator of our success. The Board has the authority to adjust the financial metric to reflect, among other things, mergers, acquisitions, divestitures, transaction and integration costs, and other non-routine extraordinary items that do not contribute to a meaningful evaluation of the Company’s performance. The maximum payout on this component is 200% of target.

2024 Target STI Opportunities: The table below summarizes the annual target incentive for each NEO for 2024. Payout opportunities are capped at 200% of target. No changes were made for 2024.

| Name              |     | 2023 Target   
 (% of Salary) |     | 2024 Target   
 (% of Salary) |
| Andrew Rubenstein |     | 100%          |     | 100%          |
| Mathew Ellis      |     | 50%           |     | 50%           |
| Derek Harmer      |     | 55%           |     | 55%           |
| Mark Phelan       |     | 70%           |     | 70%           |

2024 Approved Performance and Payouts

| Payout Percentage(1) |     | 50% Threshold |     | 100% Target |     | 200% Maximum |     | 2024 Actual AEBITDA(2) |     | 2024 STI Earned Amount |     | 2024 STI Approved Payout(3) |     | 80% Weighting |
| 2024 AEBITDA         |     | $155.22M      |     | $182.61M    |     | $210.00M     |     | $189.15M               |     | 123.9%                 |     | 118.10%                     |     | 94.44%        |
| Percentage of Target |     | 85%           |     | 100%        |     | 115%         |     | 103.6%                 |     |                        |     |                             |     |               |

(1) Performance achievement between the threshold and maximum performance goals requires interpolation between points to determine the final earned payout.

(2) For a discussion of AEBITDA and a reconciliation of AEBIT