Accel Entertainment, Inc.

Adjusted EBITDA, Adjusted net income and Net debt are non-GAAP financial measures and are key metrics used to monitor ongoing core operations.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Accel s management believes Adjusted EBITDA, Adjusted net income and Net debt enhance the understanding of Accel s underlying drivers of profitability and trends in Accel s business and facilitates company-to-company and period-to-period comparisons because these non-GAAP financial measures exclude the effects of certain non-cash items or nonrecurring items that are unrelated to core operating performance.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Use of Non-GAAP Financial Measures This presentation includes non-GAAP financial measures, including Adjusted net income, Adjusted EBITDA, EBIT and Net Debt.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

Management of Accel also believes that these non-GAAP financial measures are used by investors, analysts and other interested parties as measures of financial performance and to evaluate Accel s ability to fund capital expenditures, service debt obligations and meet working capital requirements.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

Calculated using 94,081,346 shares outstanding on November 22, 2021, which was the date the Board approved the share repurchase program.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

Q2 2025 Highlights (Continued) CapEx totaled $26 million in Q2 2025 and $53 million year-to-date We are affirming our full year 2025 forecast of $75-80 million, including approximately $39-41 million for our legacy markets, $5-7 million for Louisiana, and $31-32 million for Fairmount Park Repurchased $7 million of Accel Class A-1 Common Stock in Q2 2025, and $160 million since the repurchase program was announced in November 2021(1) Casino and racing operations at Fairmount Park Casino & Racing commenced in April 2025 9 1.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

Our results reflect the benefits of our disciplined expansion strategy and our successful improvement of the operating results in new and acquired locations.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

In our core markets, Illinois and Montana, we continue to use our market-leading position to drive economies of scale and are focused on leveraging our operating expertise to generate growth.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

Profitability is improving in our developing markets, Nebraska, Georgia and Nevada, where our strategic early investments are now beginning to contribute to our overall growth.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

All statements, other than statements of historical fact, contained in this press release are forward-looking statements, including, but not limited to, any statements regarding our estimates of number of gaming terminals, locations, revenues, Adjusted EBITDA, and Adjusted net income, our ability to continue to generate strong and consistent revenue and returns on capital and improve profitability, the opportunities in local gaming within the broader gaming market, and our expansion into casino operations and horse racing, including at Fairmount.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

All statements, other than statements of historical fact, contained in this presentation are forward-looking statements, including, but not limited to, any statements regarding our estimates of number of gaming terminals, locations, revenues, Adjusted EBITDA, and Adjusted net income, our expansion into casino operations and horse racing, including at Fairmount, and our ability to continue to generate strong and consistent revenue and returns on capital and improve profitability, and the opportunities in local gaming within the broader gaming market.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

These forward-looking statements represent our current reasonable expectations and involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance and achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

In addition, projections, assumptions, and estimates of our future performance and the future performance of the industry in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the Form 10-K, as well as Accel's other filings with the SEC.

SEC original ↗Accel Entertainment, Inc. — Earnings release (8-K exhibit)EX-99Aug 5, 2025

In addition, projections, assumptions, and estimates of our future performance and the future performance of the industry in which we operate are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described in the Form 10-K, as well as Accel s other filings with the SEC.

SEC original ↗Accel Entertainment, Inc. — Presentation / slide deck (8-K exhibit)EX-99Aug 5, 2025

LEGAL PROCEEDINGS 42 ITEM 1A.

SEC original ↗Accel Entertainment, Inc. — 10-Q Quarterly report10-QAug 4, 2026

( Gold Rush ), another terminal operator in Illinois, entered into a settlement agreement which resolved any and all lawsuits and all outstanding obligations under the Company s investment in Gold Rush s convertible notes.

SEC original ↗Accel Entertainment, Inc. — 10-Q Quarterly report10-QAug 4, 2026