Investor Presentaiton

Existing Virginia Assets Historical Racing Machines ROSIE'S ROSIE'S ROSIE'S ROSIE'S ROSIE'S 777 GAME ROOM. ROSIE'S Region Northern Virginia Central Virginia Southern Virginia Western Virginia Location Dumfries Richmond Colonial Downs (New Kent) Hampton Emporia Collinsville Vinton Opened Jan. 2021 1 Jun. 2019 Apr. 2019 Oct. 2019 Sept. 2023 Jul. 2021 May 2019 Win/Unit/Day' $732 $486 $260 $361 $3392 $425 $283 HRMS 156 700 574 700 150 37 452 Colonial Downs Racetrack ■Located in New Kent, Virginia COLONIAL DOWNS COLONIAL DOWNS 12928217266514 132 RACETRACK ■ Colonial Downs will race 27 days per year (I race day per 100 HRM machines) in 2023 ■ The number of race days will increase as the number of HRMs deployed in Virginia increases Based on the historical horse racing reports from the Virginia Racing Commission using the average number of operational HRMs at each facility for the twelve months ended December 31, 2023 2 Emporia opened September 26, 2023; Win/Unit/Day reflects the average of 150 operational HRMs for September 26, 2023 through December 31, 2023 36 CHURCHILL DOWNS INCORPORATED

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