Light & Wonder Announces Transition of SciPlay CEO

Oliver Chow to provide interim executive oversight as Light & Wonder reaffirms its commitment to SciPlay

LAS VEGAS--(BUSINESS WIRE)--Light & Wonder, Inc. (ASX: LNW) (together with its subsidiaries, “Light & Wonder,” “L&W” or the “Company”) today announced that Josh Wilson will step down as Chief Executive Officer (CEO) of SciPlay, the Company's social casino business, effective October 30, 2026, on the conclusion of his current contract term.

The Company has commenced a search for Josh's successor, and Josh will remain in his role through October 30, to support an orderly handover. Effective November 1, 2026, Oliver Chow, Chief Financial Officer will assume executive oversight of SciPlay, working alongside SciPlay's experienced and talented leadership team, which will continue to lead the business day to day, until a new CEO is appointed.

Oliver will continue in his role as CFO of Light & Wonder.

SciPlay remains a distinct reporting segment of Light & Wonder. There is no change to the Company's strategy for the social casino business or to its portfolio of social casino brands.

Matt Wilson, President and Chief Executive Officer of Light & Wonder, said:

"Josh has made a substantial contribution to SciPlay over more than two decades, taking the business through its initial public offering and building a portfolio of leading social casino titles alongside a strong team and culture. On behalf of the Board and the leadership team, I thank him for that contribution and wish him well. We are taking the time to appoint the right leader for SciPlay's next phase. In the meantime, Oliver will work closely with the talented and experienced SciPlay leadership team, whose deep knowledge of the business, brands and players will provide important continuity as we move through this transition. Our confidence in the social casino category, in SciPlay's brands and in the opportunity to grow direct-to-consumer remains unchanged."

Light & Wonder thanks Josh for his leadership and contributions to SciPlay and the Company.

About Light & Wonder, Inc.

Light & Wonder, Inc. is a leading cross-platform global games company. Through our three unique, yet highly complementary business segments, we deliver unforgettable experiences by combining the exceptional talents of our 6,500+ 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 www.lnw.com.