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Investor Presentaiton

Announced Project Capital Investments Turn I Experience at Churchill Downs Racetrack Creating a new Turn I experience for the 149th Kentucky Derby in May 2023 ■ $90 million project providing additional permanent stadium seating and new track-level hospitality club replacing current temporary Oaks and Derby seating at the first turn: - 5,100 covered stadium seats (+1,700 additional seats) - - Up to 2,000 guests will enjoy a new 50,000 square-foot climate-controlled hospitality venue with reserved dining room tables, a trackside viewing terrace, and two new seating concourses to allow for better guest circulation and amenities (+2,000 additional seats) New hospitality venue will provide opportunities for special events outside of the race meets ■ Construction is underway and will accelerate for completion by May 2023 20 20 Type of Seating Seats Covered Stadium Net Change 5,100 +1,700 Indoor 2,000 +2,000 Total Seats 7,100 +3,700 CHURCHILL DOWNS INCORPORATED
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