David Katz

Rohan Gallagher

Rohan Sundram

Adrian Lemme

Andre Fromyhr

Justin Barratt

Ryan Sigdahl

Barry Jonas

Chad Beynon

Jeffrey Stantial

Matthew Ryan

Justin Barrett

Matt Ryan

Paul Mason

Tom Forte

- Light & Wonder, Inc. (LNW) is updating its timetable for delisting its common stock from the Nasdaq Stock Market and transitioning to a **sole primary listing on the Australian Securities Exchange (ASX)**.  **[750004_0000950157-25-000856_ex99-1.htm:0]** 
- The **last day of trading on Nasdaq** is scheduled for **Wednesday, November 12, 2025 (EST)**, with the delisting expected to be effective prior to the open of trading on **Thursday, November 13, 2025 (EST)**.  **[750004_0000950157-25-000856_ex99-1.htm:0]** 
- The company aims to consolidate trading liquidity onto the ASX to align its capital markets presence with its long-term growth plans and shareholder base.  **[750004_0000950157-25-000856_ex99-1.htm:0]** 
- After the delisting, Light & Wonder shares will no longer be tradeable on Nasdaq. Shareholders can sell shares on Nasdaq before the suspension, hold shares for over-the-counter (OTC) market trading, or convert their shares into CHESS Depositary Interests (CDIs) for trading on the ASX.  **[750004_0000950157-25-000856_ex99-1.htm:0]**

Light & Wonder Announces Nasdaq Delisting Timetable Update

- Light & Wonder, Inc. will **delist from the Nasdaq Stock Market** effective **November 13, 2025**, to transition to a **sole primary listing on the Australian Securities Exchange (ASX)**.  **[750004_11118f9facd043908f84b356061cca24]** 
- This strategic decision aims to **consolidate trading liquidity on the ASX** and align the company's capital markets presence with its long-term growth plans and shareholder base.  **[750004_11118f9facd043908f84b356061cca24]** 
- Shareholders currently trading on Nasdaq will need to **convert their shares into CHESS Depositary Interests (CDIs)** to continue trading on the ASX.  **[750004_11118f9facd043908f84b356061cca24]** 
- For the quarter ended **June 30, 2025**, the company reported **revenue of $809 million**, a **net income of US$95 million**, and **adjusted EBITDA of $352 million**.  **[750004_11118f9facd043908f84b356061cca24]**

Light & Wonder Announces Nasdaq Delisting for Sole ASX Listing

- Light & Wonder has appointed **Rohan Gallagher** as Executive Vice President and Global Chief Corporate Affairs Officer, a newly created role based in Sydney, to oversee Investor Relations, Environmental, Social and Governance (ESG) initiatives, Corporate Social Responsibility, and Global Communications.  **[750004_9e42a06209bb47c2ba4aed0ae531b7c5]** 
- This appointment is strategic as Light & Wonder transitions to a **sole listing on the Australian Securities Exchange (ASX)**, with the delisting from Nasdaq and consolidation on the ASX planned to be completed by the **end of November**.  **[750004_9e42a06209bb47c2ba4aed0ae531b7c5]** 
- Gallagher brings extensive experience from previous roles at Jarden Group, Aristocrat, and Credit Suisse Australia, with deep knowledge of the gaming industry and prior coverage of Light & Wonder.  **[750004_9e42a06209bb47c2ba4aed0ae531b7c5]**

Light & Wonder Appoints EVP Ahead of ASX Sole Listing

- Light & Wonder International, Inc., a wholly owned subsidiary of Light & Wonder, Inc., successfully completed a private offering of **$1 billion** in aggregate principal amount of new **6.250% senior unsecured notes due 2033** at an issue price of **100.000%** on **September 24, 2025**.  **[750004_0001104659-25-092953_tm2526791d1_ex99-1.htm:0]** 
- The net proceeds from the offering will be used to repay outstanding borrowings under LNWI’s revolving credit facility, redeem **$700.0 million** of LNWI’s outstanding **7.000% senior unsecured notes due 2028**, and for general corporate purposes, which may include equity repurchases.  **[750004_0001104659-25-092953_tm2526791d1_ex99-1.htm:0]** 
- The new notes are guaranteed on a senior basis by Light & Wonder and certain of its subsidiaries and are not secured.  **[750004_0001104659-25-092953_tm2526791d1_ex99-1.htm:0]**

Light & Wonder Announces Completion of Notes Offering

Light & Wonder (LNW)