Light & Wonder Selected by Norwegian Cruise Line® to Bring Innovative Table Gaming Experiences to the High Seas

Operator Wide Area Progressive jackpots and table games to debut across 18 ships

LAS VEGAS - December 17, 2024 - (NASDAQ and ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced it was selected by Norwegian Cruise Line (NCL), the innovator in global cruise travel, to bring Operator Wide Area Progressive (OWAP) table games to its 18-ship fleet. This includes 200 GM ATLAS™ systems featuring jackpot progressives, as well as blackjack and poker derivatives, to provide exciting and enhanced gaming experiences for all types of travelers.

"We take pride in delivering exciting gaming experiences that resonate with players, whether on land or at sea," said Niaz Nejad, Managing Director - Americas, Gaming at Light & Wonder. "We're excited to collaborate with Norwegian Cruise Line to launch its first OWAP table games network. By connecting our industry-leading GM Atlas progressives across their extensive fleet, we're bringing the excitement of gaming to NCL's guests at sea."

L&W OWAP technology will enable NCL to link gaming titles across multiple vessels through a centralized network, keeping them under the same umbrella. This solution is designed to enhance excitement at gaming tables and boost participation in progressive jackpots.

"We are thrilled to work with Light & Wonder to introduce OWAP table games to our 18-ship fleet," said Ian Donald, Vice President, Gaming Operations for Norwegian Cruise Line. "This innovative technology allows us to link gaming experiences across our vessels, offering our guests even more excitement and the opportunity for larger payouts."

Current Light & Wonder titles installed include Blackjack, LET IT RIDE™, THREE CARD POKER™ and ULTIMATE TEXAS HOLD 'EM ™, with all games contributing to one progressive among all tables and all ships. Light & Wonder's first progressive system installation as part of this collaboration occurred on the Norwegian Breakaway in August 2024, with additional installations underway.

For more information about Light & Wonder, visit lnw.com.

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All ™ notices signify marks of Light & Wonder, Inc., or one of its subsidiaries.

About Light & Wonder, Inc.
Light & Wonder, Inc. is the leading cross-platform global games company. Through our three unique, yet highly complementary businesses, we deliver unforgettable experiences by combining the exceptional talents of our 6,000+ member team, with a deep understanding of our customers and players. We create immersive content that forges lasting connections with players, wherever they choose to engage. At Light & Wonder, it's all about the games. The Company is committed to the highest standards of integrity, from promoting player responsibility to implementing sustainable practices. To learn more, visit lnw.com.

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Forward-Looking Statements
In this press release, Light & Wonder makes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "will," "may," and "should." These statements are based upon management's current expectations, assumptions and estimates and are not guarantees of timing, future results, or performance. Therefore, you should not rely on any of these forward-looking statements as predictions of future events. Actual results may differ materially from those contemplated in these statements due to a variety of risks, uncertainties and other factors, including those factors described in Light & Wonder's filings with the Securities and Exchange Commission (the "SEC"), including its current reports on Form 8-K, quarterly reports on Form 10-Q and its annual report on Form 10-K that was filed with the SEC on February 27, 2024 (including under the headings "Forward-Looking Statements" and "Risk Factors"). Forward-looking statements speak only as of the date they are made and, except for Light & Wonder's ongoing obligations under the U.S. federal securities laws, Light & Wonder undertakes no obligation to publicly update any forward-looking statements whether as a result of new information, future events or otherwise.