Edward B. Pitoniak

Chief Executive Officer (CEO) at VICI Properties Inc

Board

Since October 6, 2017

Age

68 years

Education

Earned a Bachelor's degree in Political Science from Duke University and a Master's Degree in Business Administration from Northwestern University.

Tenure

Has served as the Chief Executive Officer at VICI Properties since joining on October 06, 2017, overseeing a range of leadership responsibilities.

Also at VICI Properties Inc

DAK

David A. Kieske

EVP, Chief Financial Officer, Treasurer

JWP

John W.R. Payne

President and Chief Operating Officer

SSG

Samantha S. Gallagher

EVP, General Counsel, Secretary

About

Edward B. Pitoniak is a seasoned executive with a long history of leadership across the real estate, hospitality, and entertainment industries. Before his current role at VICI Properties, he held significant positions at organizations such as Realterm, Ritchie Bros. Auctioneers, InnVest, bcIMC Hospitality Group, Intrawest Corporation, and Times Mirror Magazines, which demonstrates his broad expertise in strategic and operational management.

His career is marked by successful turnarounds and innovative restructuring efforts, including recapitalizing a major REIT and steering a hospitality company through several years of total return leadership before its eventual sale, underscoring his capability to drive performance during transitions.

At VICI Properties, his leadership continues to shape the company’s strategic direction and operational efficiency. Drawing on decades of industry experience, he fosters a culture of robust governance and sustained growth that positions VICI as a key player in its market.

$VICI Performance Under Edward B. Pitoniak

Past Roles

Organization	Role	Date Range	Details
Ritchie Bros. Auctioneers Incorporated	Independent Director on the Board of Directors	July 2006 to May 2019	Global asset management and disposition company
Realterm	Vice Chairman	January 2015 to July 2017	Private equity real estate manager focused on logistics real estate
InnVest Real Estate Investment Trust (REIT)	Chairman and Trustee	February 2015 to August 2016	Recapitalized the REIT and transitioned management to an internal model; later sold and taken private
InnVest Real Estate Investment Trust (REIT)	Managing Director, Acting CEO and Trustee	April 2014 to February 2015	Responsible for recapitalizing the REIT; role transitioned to Chairman later
Regal Lifestyle Communities (TSE: RLC)	Director	2012 to 2015	Canadian senior housing real estate owner and operator; company sold in 2015
bcIMC Hospitality Group (formerly CHIP)	President, Chief Executive Officer, Director, and Board Trustee	2004 to 2009	Led to four consecutive years of total return leadership among Canadian hotel REITs; oversaw sale in 2007
Intrawest Corporation	Senior Vice President	Nearly eight years prior to 2004	Ski and golf resort operator and developer
Times Mirror Magazines	Editor-in-Chief and Associate Publisher with Ski Magazine	Nine years prior to Intrawest	Focused on publishing and editorial work

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,000,000	N/A	Remained unchanged from 2022
All Other Compensation	$27,678	N/A	Includes group life insurance premiums (not individually specified) and company matching 401(k) contributions of $13,200

Performance Compensation

Data from FY 2023

2023 LTIP Award (Performance-Based)

This performance compensation component is structured based on a three-year performance period (January 1, 2023 to December 31, 2025) with vesting at the end of the period.

Metric/Attribute	Value	Additional Details
Performance Metrics	N/A	Absolute TSR: Measures compounded annualized return including reinvested dividends; Relative TSR: Compares company's return to the MSCI US REIT Index (RMZ). Each metric carries a 50% weight in the award.
Threshold	$1,875,000	Minimum performance level required for any payout.
Target	$3,750,000	Expected performance level.
Superior (Cap)	$7,500,000	Maximum performance level, capped at 200% of target.
Grant Date	February 22, 2023	Date when the award was granted.
Grant Date Fair Value	$3,750,000	Fair value assigned on the grant date.
Valuation Method	Monte Carlo Valuation	Number of PSUs determined by an independent valuation consultant.
Vesting Schedule	December 31, 2025	Awards vest at the end of the three-year performance period.

Evaluation Period

Performance Period: January 1, 2023 – December 31, 2025

Additional conditions: If the Company's Absolute TSR is negative, the number of PSUs that vest based on Relative TSR cannot exceed the target level, even if Relative TSR surpasses the expected performance.