Vici Investor Presentation

INVESTMENT HIGHLIGHTS VICI Properties Inc. (NYSE: VICI) is a triple net lease REIT that owns one of the largest high-quality portfolios of market-leading gaming, hospitality, and entertainment destinations Inflation Protected Leases 47% of leases with uncapped CPI-linked escalation in 2022E and 96% of leases with CPI-linked escalation over the long-term (subject to applicable caps) Significant Scale and Stable Cash Flows Second largest triple net lease REIT and one of the top four-wall REITs by LTM Q3'22 Adj. EBITDA(1) VICI II-II Mission Critical Complex Real Estate Gaming regulatory environment creates high barriers to entry and limits tenants' ability to move locations, contributing to 100% occupancy rate میرا (1) Reflects annualized Q3'22 Adj. EBITDA for VICI. Please refer to page 16 for additional details. Demonstrated Track Record of Growth Executed $30bn of investments and raised ~$20bn of equity proceeds since formation in 2017 S&P 500 Constituent Added to the S&P 500 Index in June 2022 Tenant Strength & Transparency ~80% of rent roll derived from SEC reporting operators providing transparency into tenant performance and health EX Investment-Grade Balance Sheet Investment grade rating broadens access across capital markets 3

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