CENTURY CASINOS INC /CO/ Debt Disclosure

The Goldman Credit Agreement requires the Company to prepay the Goldman Term Loan, subject to certain exceptions, with:

• 100% of the net cash proceeds of certain non-ordinary course asset sales or certain casualty events, subject to certain exceptions; and

• 50% of the Company’s annual Excess Cash Flow (as defined in the Goldman Credit Agreement) (which percentage will be reduced to 25% if the Consolidated First Lien Net Leverage Ratio is greater than 2.25 to 1.00 but less than or equal to 2.75 to 1.00, and to 0% if the Consolidated First Lien Net Leverage Ratio is less than or equal to 2.25 to 1.00).

The Goldman Credit Agreement provides that the Goldman Term Loan may be prepaid without a premium or penalties.

The borrowings under the Goldman Credit Agreement are guaranteed by the material subsidiaries of the Company, subject to certain exceptions (including the exclusion of the Company’s non-domestic subsidiaries), and are secured by a pledge (and, with respect to real property, mortgage) of substantially all of the existing and future property and assets of the Company and the guarantors, subject to certain exceptions.

The Goldman Credit Agreement contains customary representations and warranties, affirmative, negative and financial covenants, and events of default. All future borrowings under the Goldman Credit Agreement are subject to the satisfaction of customary conditions, including the absence of a default and the accuracy of representations and warranties. If the Company has aggregate outstanding revolving loans, swingline loans and letters of credit greater than $10.5 million as of the last day of any fiscal quarter, it is required to maintain a Consolidated First Lien Net Leverage Ratio of 5.50 to 1.00 or less for such fiscal quarter. As of December 31, 2025, the Consolidated First Lien Net Leverage Ratio exceeded 5.50 to 1.00, but the Company had no outstanding revolving loans, swingline loans or letters of credit under the Goldman Credit Agreement.

Deferred financing costs consist of the Company’s costs related to financings. Amortization expenses relating to the Goldman Credit Agreement were $2.7 million for each of the years ended December 31, 2025 and 2024. These costs are included in interest expense in the consolidated statements of loss for the years ended December 31, 2025 and 2024, respectively.

Casinos Poland

As of December 31, 2025, CPL had a short-term line of credit (“CPL Credit Facility”) with mBank S.A. (“mBank”) used to finance current operations. The CPL Credit Facility was amended in June 2025 to extend the borrowing capacity of PLN 15.0 million through June 25, 2026. The CPL Credit Facility bears an interest rate of overnight WIBOR plus 2.00%. For the years ended December 31, 2025 and 2024, the weighted average interest rates under the CPL Credit Facility were 7.00% and 7.30%, respectively. As of December 31, 2025, the CPL Credit Facility had an outstanding balance of PLN 13.6 million ($3.8 million based on the exchange rate in effect on December 31, 2025), and approximately PLN 1.4 million ($0.4 million based on the exchange rate in effect on December 31, 2025) was available for additional borrowing. The CPL Credit Facility is secured by a building owned by CPL in Warsaw. The CPL Credit Facility contains a number of covenants applicable to CPL, including covenants that require CPL to maintain certain liquidity and liability to asset ratios. CPL was not in compliance with all applicable financial covenants under the CPL Credit Facility as of December 31, 2025. The violation of the covenant allows the lender to increase the interest rate by 0.50% but will not result in an acceleration of the loan.

On November 20, 2025, CPL entered into a credit agreement with mBank (the “CPL Credit Agreement”). The CPL Credit Agreement is a term loan with a maximum borrowing amount of PLN 4.0 million that is being used to construct the casino at the Company’s second casino in Wroclaw. The CPL Credit Agreement bears an interest rate of 1-month WIBOR plus 2.00%. The CPL Credit Agreement has a four year term through December 2029. As of December 31, 2025, the CPL Credit Agreement had an outstanding balance of PLN 1.9 million ($0.5 million based on the exchange rate in effect on December 31, 2025). CPL had PLN 2.1 million ($0.6 million based on the exchange rate in effect on December 31, 2025) remaining borrowing availability under this credit agreement through January 29, 2026. The CPL Credit Agreement is secured by a building owned by CPL in Warsaw. The CPL Credit Agreement contains a number of covenants applicable to CPL, including covenants that require CPL to maintain certain liquidity and liability to asset ratios. CPL was not in compliance with all applicable financial covenants under the CPL Credit Agreement as of December 31, 2025. The violation of the covenant allows the lender to increase the interest rate by 0.50% but will not result in an acceleration of the loan.

Under Polish gaming law, CPL is required to maintain PLN 4.8 million in the form of deposits or bank guarantees for payment of casino jackpots and gaming tax obligations, mBank issued guarantees to CPL for this purpose totaling PLN 4.8 million ($1.3 million based on the exchange rate in effect as of December 31, 2025). The mBank guarantees are secured by land owned by CPL in Kolbaskowo, Poland as well as deposits totaling PLN 1.7 million ($0.5 million based on the exchange rate in effect as of December 31, 2025) with mBank and will terminate in January 2031 and September 2030, respectively. CPL also is required to maintain deposits or provide bank guarantees for payment of additional prizes and giveaways at the casinos. The amount of these deposits varies depending on the value of the prizes. CPL maintained PLN 0.8 million ($0.2 million based on the exchange rate in effect as