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Investor Presentaiton

| LOW MAINTENANCE CAPITAL PROFILE ($ in millions) 700 600 500 400 300 200 100 2018 Capital Expenditures(1) red rock resorts 2019 2020 2021 Guidance Maintenance Capital (2) Investment Capital Assets well maintained with no deferred maintenance capital (1) Represents consolidated results for Red Rock Resorts as of September 30, 2021. (2) Maintenance capital net of related Payables. INVESTOR PRESENTATION November 2021 29

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