Company to debut its first multi-game solution designed for European players

LAS VEGAS - January 12, 2026 - Light & Wonder, Inc. (ASX: LNW) (together with its subsidiaries "Light & Wonder," "L&W" or the "Company") today announced it will unveil a dynamic lineup of next-generation gaming experiences at ICE 2026 in Barcelona, Spain, January 19-21. Within stand #3E40 in Hall 3, the Company will spotlight cutting-edge slot innovations, advanced Table and Systems technology, and a powerful iGaming roadmap, all demonstrating the continued evolution of its global content and hardware strategy.

REEL CHOICE™: Localized Innovation with Global Scale

ICE 2026 will mark the launch of the Company's breakthrough multi-game solution, REEL CHOICE™, bringing unprecedented flexibility, regional customization, and premium progressive integration to European gaming floors. Designed to meet the distinct needs of the EMEA market, the REEL CHOICE solution delivers a modular, market-specific platform that empowers operators to curate tailored content bundles without compromising performance.

The REEL CHOICE solution will debut with four curated bundles, each built around regional tastes and player profiles across Europe. For the first time, operators can layer two of Light & Wonder's top-performing multi-level progressives (MLP), JIN JI BAO XI™ or LION LINK™, on top of any REEL CHOICE bundle, enabling premium MLP performance within a multi-game library. The platform blends iconic global hits, proven UK performers, and newly developed titles for Eastern Europe, enhanced with side-game mechanics that elevate entertainment value and winning potential.

"Our focus for ICE 2026 is to show how Light & Wonder is accelerating momentum across every part of our business," said Matt Wilson, President and CEO of Light & Wonder. "The Reel Choice solution is a standout example of how we're listening to our customers and designing localized solutions backed by the strength of our global franchises. Together with our expanded cabinet lineup, new table progressives, and digital innovations, we're delivering a more connected, player-centric experience that continues to set us apart across Europe and beyond."

Slots Spotlight: Expanding Franchises and Elevating Player Experience

Light & Wonder will further strengthen its slot momentum with a robust content roadmap showcased across the COSMIC™ cabinet family, including the regional debut of the next-generation Cosmic Dual cabinet. The cabinet will feature standout new content such as LOCK N' MORE LINK™ and FORTUNE DOORS games, supported by a diverse library of proven global hits tailored for European audiences.

L&W will also spotlight continued growth across several of its most successful franchises. This includes the newest DANCING DRUMS DRAGON™ game as well as new additions to the high-performing HUFF N' PUFF™ franchise with HUFF N' TRIPLE PUFF™, HUFF N' LOTS OF PUFF™, and HUFF N' PUFF™ - WE'VE HAD ENUFF™.

Attendees will be able to experience globally recognized favorites including PERFECT 8™, DANCING DRUMS DRAGON, DRAGON TRIO™: MIDNIGHT STORM™, TICKET TO WIN™, and HOT TRIO FIESTA CALIENTE™ games displayed on both COSMIC and COSMIC Upright cabinets within the stand.

Tables Innovation: Obsidian Auto Roulette POD & Progressives

On the Tables front, Light & Wonder will debut the OBSIDIAN™ Electronic Table Games (ETG) cabinet in EMEA for the first time. The cabinet will be featured in both hybrid and pod configurations to support stadium and compact Auto Roulette deployments. The hybrid configuration launches with 10 titles, including Roulette, ULTIMATE TEXAS HOLD 'EM™, and Blackjack. The Auto Roulette Pod, available in six and eight-seat configurations, will feature three Roulette titles supported by enhanced trend displays, racetrack views, and elevated game statistics. Two progressive levels, a Grand jackpot (10K reset) and Major jackpot (3K reset), and multipliers ranging from 2X to 1000X designed to keep players engaged.

Light & Wonder will also present NEXLINK™ Progressive, a next-generation table progressive system making its European debut. Powered by a true game engine for deeper visual immersion, NEXLINK delivers dynamic bonus events, progressive meter-driven anticipation, and a community bonus format. ICE demonstrations will highlight the Imperial Lanterns content suite, compatible with Pai Gow Poker, Blackjack, THREE CARD POKER™, and ULTIMATE TEXAS HOLD 'EM, with additional content to follow.

Systems: Bridging Land-Based & Digital Play

The Systems team will demonstrate how it is bridging land-based and digital play through unified loyalty, cross-linked jackpots, and seamless wallets, giving players a connected experience wherever they choose to engage. Attendees can also get a firsthand look at L&W's Cardless NFC (Near Field Communication) technology. With this enhancement, patrons can simply tap their digital player card to instantly log in and start their play session at a slot machine or table game.

Another major highlight is Ticket-In, Ticket-Out (TITO) at tables, which brings the convenience and efficiency of slot play to table games. This advancement reduces disruptions for players, simplifies transactions, and enables operators to maximize table game efficiency across the floor.

L&W will also debut its ELITE BONUSING XPERIENCE™ (EBX), powered by Display Manager 3.0. EBX integrates proven social gaming mechanics into the casino environment, offering challenges, level progression, mystery gifts, and time-released rewards that drive repeat visits and extended play. Prizes can be awarded directly to player accounts, supporting card play and creating seamless engagement across the floor.

iGaming: Strengthening Player Favorites & Digital-First Design

Light & Wonder's iGaming lineup for 2026 builds on the success of its most iconic digital brands while pioneering new Digital-First game families designed to meet the needs of today's players.

The iGaming team will highlight the expansion of the top-performing Huff N' Puff digital franchise in EMEA along with refreshed RAINBOW RICHES™ content featuring modern UX, enhanced mechanics, and a DREAM POTS™ jackpot extension. Attendees can also experience new Digital-First game families such as BANKER'S BREACH™: COLLISION WAYS™ which is designed with faster spin speeds and persistence features to keep players engaged.

###

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