Results through Q4 2025 PRESENTATION INVESTOR Peter Hoetzinger, Co CEO & President FORWARD-LOOKING STATEMENTS This presentation may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995. Century Casinos, Inc. (together with its subsidiaries, the "Company", "we", "us", "our") may make other written and oral co ...

Company Overview - The Company has a multi-channel gaming presence with 7,276 slot/electronic gaming machines, 222 gaming tables, and 2,153 hotel rooms across 17 properties in the USA, Canada, and Europe[12] - The Company's management team owns 15% of CNTY and has extensive experience in operating casinos across multiple countries[12] Financial Performance & Leverage - Net Operating Revenue for Q3 2024 was $155.7 million, a decrease of 3% compared to $161.2 million in Q3 2023[35] - Adjusted EBITDAR for Q3 2024 was $32.9 million, a decrease of 1% compared to $33.3 million in Q3 2023[35] - The Company anticipates Debt Leverage to trend towards 40X by the end of 2025[40] - The Company's total principal debt is $339.6 million and net debt is $220.9 million as of September 30, 2024[39] Growth & Expansion - The Company's Caruthersville, MO permanent land-based casino and hotel project was completed in November 2024, funded by VICI[12, 102] - The Caruthersville project cost approximately $51.9 million, funded by VICI, and will increase rent under the Master Lease by approximately $4.2 million (8%) per year[107] - The Company is targeting $602 million in revenue and $111 million in Adjusted EBITDAR for 2024, with goals of $651 million in revenue and $150 million in Adjusted EBITDAR for 2025[110]

Financial Performance & Leverage - Q1 2025 net operating revenue was $13044 million[97], compared to $13602 million in Q1 2024[97] - Q1 2025 Adjusted EBITDAR was $2016 million[120], compared to $2125 million in Q1 2024[120] - The company anticipates net debt leverage to trend towards 47-60x by the end of 2025[100] - The company's lease adjusted net leverage is expected to trend towards 66-72x by the end of 2025[102] Regional Operations - US operations contributed 79% of the company's revenue in Q1 2025[99] - Canada accounted for 13% of the company's revenue in Q1 2025[97] - Poland represented 16% of the company's revenue in Q1 2025[97] - West Virginia's gaming market has grown 43% from 2019 to 2024[38] - Missouri's gaming revenue was approximately $19 billion in 2024, growing over 9% since 2019[68] Capital Expenditures & Projects - The Caruthersville project, financed by VICI, cost approximately $519 million, with rent increasing by approximately $42 million (8%) per year[77] - Total growth capital expenditures are estimated at $389 million (excluding VICI funding), with $17 million spent and $18 million remaining[105]