Investor Presentaiton

Announced Project Capital Investments Western Kentucky Strategy Ellis Park Racing & Gaming ■ Ellis Park, located in Henderson, Kentucky, serves the Western Kentucky market and is approximately 10 minutes from downtown Evansville, Indiana ■ CDI has enhanced Ellis Park racing: Improved customer racing experience Safety and environmental compliance - Increased purse money Added stakes races ■ Ellis Park traditionally runs a ~25-day Thoroughbred race meet from early July to late August and has ~300 HRMs in its grandstand facility Owensboro Racing & Gaming ■ Owensboro Racing & Gaming will be located with convenient access to Highway 60 and approximately 6 miles from the Owensboro city center ■ CDI plans to open a new HRM facility in IQ'25 with a target total spend of $100 to $110 million ~25 miles Ohio River ELLIS PARK RACING & GAMING 331 Indiana 2120 Owensboro Ohio River 2830 OWENSBORO RACING & GAMING ELLIS PARK RACING & GAMING 14 Kentucky 2155 CHURCHILL DOWNS INCORPORATED

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