• Executing on $1.4B Targeted Consolidated AEBITDA & Adj. NPATA Target
• Acquired Grover Gaming's Charitable Gaming Assets
• Authorized $1B Share Repurchase Program

Light & Wonder, the leading global gaming and entertainment company, hosted its Investor Day 2025 in New York City, providing a comprehensive overview of its business strategy, financial performance, and future outlook. The company highlighted its transformational journey, marked by strategic investments, targeted acquisitions, and a relentless focus on innovation and content creation. Key achievements include the execution of the company's $1.4B Targeted Consolidated AEBITDA and associated Adjusted NPATA targets, the acquisition of Grover Gaming's charitable gaming assets, and the authorization of a $1B share repurchase program. The company also emphasized its increased investments in R&D, the integration of a content-centric operating model, and its enhanced optionality for effective capital allocation.Light & Wonder's robust R&D engine, led by a talented team of industry experts, has been instrumental in driving the development of top-performing games across its diverse portfolio, including land-based gaming, social gaming, and iGaming. The company's strong market share and industry recognition in key game categories demonstrate its ability to consistently deliver innovative and engaging content to its global customer base.The company's financial performance has been equally impressive, with a consolidated revenue CAGR of 13% from 2022 to 2024, outpacing its peers. The company has also achieved a consolidated AEBITDA CAGR of 17% during the same period, showcasing its disciplined execution and effective strategy.Looking ahead, Light & Wonder is well-positioned to continue its growth trajectory, with a focus on further operational excellence, enhanced capital allocation, and potential inclusion in the ASX 50 index.

Light & Wonder is targeting a Consolidated AEBITDA of $1.4B and associated Adjusted NPATA for the financial year 2025.

The company is focused on continued operational excellence, enhanced capital allocation, and potential inclusion in the ASX 50 index as it looks to the future.