Vici Investor Presentation

TOTAL STOCK RETURN OUTPERFORMANCE TO DATE ANNUAL TOTAL RETURN TARGET OF 10-12% FOR VICI'S STOCKHOLDERS TSR SINCE IPO (¹) FEBRUARY 1, 2018 DECEMBER 31, 2021 Feb-18 Feb-19 Feb-20 VICI MSCI US REIT Index 85.5% 69.4% Feb-21 Dec-21 3-YEAR TSR DECEMBER 31, 2018 - DECEMBER 31, 2021 Dec-18 Dec-19 Source: FactSet, Bloomberg (1) Reflects VICI IPO price of $20.00 per share on February 1, 2018. Man Dec-20 87.8% 66.6% Dec-21 YTD TSR DECEMBER 31, 2021 - AUGUST 5, 2022 Dec-21 Feb-22 Apr-22 Jun-22 DIVIDEND YIELD, SAME STORE AFFO GROWTH AND SUSTAINABLE EXTERNAL AFFO GROWTH COMBINE IN SEEKING TO DELIVER SUPERIOR RETURNS TO VICI'S STOCKHOLDERS VICI 17.4% Aug-22 mmg (14.9%) 18

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