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Investor Presentaiton

Virginia Development Rights Announced Project Capital Investments The Rose Gaming Resort ■ The Rose Gaming Resort is located ~30 miles south ☐ of Washington DC off I-95 $400 million investment ■ HRM entertainment venue with hotel - Phase I: (Late 2Q'24): 1,150 HRMS, 102-room hotel, and 2,530 space parking garage Phase II: 650 additional HRMs and hotel expansion ROSE RÖSE Future HRM Expansion ■ Evaluating opportunity for further expansion throughout the Commonwealth of Virginia Existing HRMs: ~2,750 The Rose Gaming Resort(1) Existing locations - New locations Phase I 1,000 Phase II 650 May reallocate HRMs from existing locations to new locations Current Plans 4,400 Remaining to be Allocated (2) ~600 The Rose Gaming Resort Phase I will replace the existing Dumfries facility which currently has 150 HRMs. Total Current Authorization: 5,000 2 Does not include HRMs that can be reallocated from existing locations. 13 CHURCHILL DOWNS INCORPORATED
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