Invest in The Experience

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 Demonstrated Track Record of Growth Announced $35Bn of domestic and international investments across gaming & non-gaming experiential assets since formation 889 Non-Commodity Experiential Real Estate Unlocking value by using the triple net-lease model for non- commodity experiential assets with best-in-class, growth- minded operators Significant Scale and Stable Cash Flows Second largest triple net lease REIT with $3.0Bn annualized cash rent (1) and 100% rent collection since formation VICI Tenant Transparency -81% of rent roll derived from SEC reporting operators providing transparency into tenant performance and health (1) Annualized contractual rent as of November 2023. Contractual Escalation with Inflation Protection 50% of rent roll with CPI-linked escalation in 2023E and 96% of rent roll with CPI-linked escalation over the long-term (subject to applicable caps) Investment-Grade Balance Sheet Investment grade unsecured borrower broadens access across capital markets 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 S&P 500 Constituent Added to the S&P 500 Index in June 2022 3

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