Accel Entertainment Board Of Directors Approved An Amendment To The Share Repurchase Program To Replenish The Dollar Amount That May Be Repurchased Under The Program Back To $200M Of Shares Of Class A-1 Common Stock

Amendment to Share Repurchase Program

On November 22, 2021, Accel previously announced a share repurchase program of up to $200 million shares of Class A-1 common stock. As of December 31, 2024, Accel had purchased a total of 13,855,897 shares under the share repurchase program at a total purchase price of $143.6 million.

On February 27, 2025, the Board of Directors approved an amendment to the share repurchase program to replenish the dollar amount that may be repurchased under the program back to up to $200 million of shares of Class A-1 common stock. The timing and actual number of shares repurchased will depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.

Under the share repurchase program, repurchases can be made from time to time using a variety of methods, including open market purchases or privately negotiated transactions, in compliance with the rules of the Securities and Exchange Commission (the "SEC") and other applicable legal requirements. The share repurchase program does not obligate Accel to acquire any particular amount of shares, and the share repurchase program may be suspended or discontinued at any time at Accel's discretion.