Century Casinos North American Property Footprint and East Region Market Overview
APPENDIX
Terms and Definitions
CENTURY™
CASINOS
• In this presentation, the term "USD" refers to US dollars, the term "CAD" refers to Canadian dollars and the term "PLN" refers to Polish zloty. Amounts presented
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are rounded. As such, rounding differences could occur in period-over-period changes and percentages reported throughout this presentation.
Adjusted EBITDAR, Adjusted EBITDAR Margins, Adjusted Net Debt Leverage, Debt Leverage, Net Debt, Net Debt Leverage, Lease Debt and Lease
Adjusted Net Leverage are non-GAAP financial measures. See Appendix "Non-GAAP Financial Measures" for the definition and reconciliation of Adjusted
EBITDAR, Adjusted Net Debt Leverage, Net Debt, Debt Leverage, Net Debt Leverage, Lease Debt and Lease Adjusted Net Leverage.
"Century Canadian Portfolio" means Century Casino & Hotel Edmonton in Edmonton, Alberta, Century Casino St. Albert in Edmonton, Alberta, Century Mile
Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta (collectively).
⚫ "Canada Real Estate Sale" means the Company's sale of the real estate assets of the Century Canadian Portfolio to VICI Properties Inc. ("VICI") for an
aggregate purchase price of CAD 221.7 million ($162.6 million based on the exchange rate on September 6, 2023). Simultaneous with the closing of the
transaction, the Century Canadian Portfolio was added to the Master Lease an annual rent will increase by CAD 17.3 million ($13.1 million based on the
exchange rate on December 31, 2023).
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⚫ "Caruthersville Project" refers to the new land-based casino with a 38-room hotel adjacent to and connected with the existing casino pavilion building that the
Company is building in Caruthersville, Missouri. The Company is financing the project through financing provided by VICI. As of December 31, 2023, the
Company has received $40.1 million in financing from VICI and has spent approximately $20.7 million of those funds on this project.
⚫ "Goldman Credit Agreement" means a credit agreement with Goldman Sachs Bank USA and other parties that provides for a $350.0 million term loan and a
$30.0 million revolving credit facility ("Revolving Facility").
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