CHURCHILL DOWNS INCORPORATED

Shareholders of Churchill Downs Incorporated

As a Nasdaq-listed company, Churchill Downs Incorporated’s disclosed shareholder base reflects the reportable positions that institutional investment managers file periodically, rather than a fixed shareholder register. The data behind this profile lists five reportable holdings as of 4 September 2026: Vanguard Group Inc (14.7%), iShares Trust – iShares Core S&P Mid-Cap ETF (5.2%), AMCAP Fund (3.7%), Jennison Associates LLC (3.0%) and SmallCap World Fund Inc (2.7%). Independent research corroborates substantial institutional ownership of Churchill Downs Incorporated: separate market-data summaries report The Vanguard Group and BlackRock, Inc. among its largest holders, alongside American Funds/Capital Research and Management Company vehicles; AMCAP Fund and SmallCap World Fund are both Capital Research-managed funds, consistent with Capital Research’s separately reported combined stake in the company. Reported percentages vary somewhat between sources because institutional ownership is refiled quarterly and each source may reflect a different snapshot date. All five holdings shown are asset managers or investment funds rather than individuals, and none is disclosed as a beneficial owner in its own right.

Data availability

Shareholder disclosure for Churchill Downs Incorporated is best described as major shareholders only: as a Nasdaq-listed company, only the holdings that institutional managers must report in periodic filings are captured here, not the complete beneficial shareholder base, and the percentages shown reflect the filing date noted above rather than real-time ownership. No natural-person ultimate beneficial owner is identified in the reviewed sources, consistent with Churchill Downs Incorporated’s status as a widely held public company; this reflects the absence of a controlling shareholder disclosure rather than an incomplete search, so no UBO section is presented.

Sources

• Florida Department of State – Sunbiz – company registration record – https://dos.fl.gov/sunbiz – retrieved 9 September 2026
• US Securities and Exchange Commission, EDGAR filings for Churchill Downs Inc (CIK 0000020212) – https://www.sec.gov/edgar/browse/?CIK=0000020212 – retrieved 11 September 2026
• Simply Wall St via Yahoo Finance, “With 78% ownership, Churchill Downs Incorporated (NASDAQ:CHDN) boasts of strong institutional backing” – https://finance.yahoo.com/news/78-ownership-churchill-downs-incorporated-183445637.html – retrieved 11 September 2026

Directors and officers of Churchill Downs Incorporated

The registry snapshot behind this profile lists five active officer records for Churchill Downs Incorporated out of 21 on record, all sharing the company’s Louisville, Kentucky headquarters address (600 North Hurstbourne Parkway, Suite 400) as a corporate correspondence address rather than a personal residential address. Cross-checking against Churchill Downs Incorporated’s own official website and press releases confirms William C. Carstanjen as Chief Executive Officer, a role he has held since August 2014 after previously serving as President and Chief Operating Officer (2011-2014) and in earlier general counsel and development roles at the company since 2005; and confirms Sam Ullrich as Vice President of Investor Relations, an appointment announced in an official company press release. One registry record (recorded under the surname Dobson) contains corrupted and truncated fields in the underlying data feed, including a garbled job title and address, and is therefore not relied on here beyond confirming that an officer record exists. Two further registry entries are recorded only as “Vice President” without additional detail that could be independently verified against a primary source. Churchill Downs Incorporated’s own leadership page separately identifies William E. Mudd as President and Chief Operating Officer, Marcia A. Dall as Executive Vice President and Chief Financial Officer, and Bradley Blackwell as Executive Vice President and General Counsel; none of these three appear in the registry sample reviewed, indicating that the registry snapshot captures only part of the company’s full officer roster. No appointment or resignation dates are disclosed in the registry data reviewed, and nationality and country of residence are not disclosed for any individual.

Data availability

Officer information for Churchill Downs Incorporated is partial: the reviewed registry snapshot captures 5 of the 21 officer records it references, without appointment or resignation dates, and does not disclose nationality or country of residence for any individual, so these fields are not disclosed rather than confirmed absent. One record contains data-quality errors (truncated/garbled fields) that prevent reliable use. All addresses shown are the company’s corporate correspondence address and should not be used to infer nationality or residence.

Sources

• Churchill Downs Incorporated – Executive Management – https://www.churchilldownsincorporated.com/leadership/executive-management/ – retrieved 11 September 2026
• Churchill Downs Incorporated – “Churchill Downs Incorporated Names Sam Ullrich Vice President of Investor Relations” – official press release – https://ir.churchilldownsincorporated.com/news-releases/news-release-details/churchill-downs-incorporated-names-sam-ullrich-vice-president – retrieved 11 September 2026

Group structure of Churchill Downs Incorporated

Churchill Downs Incorporated is an independent, Nasdaq-listed public company and is not a subsidiary of any other corporate group; it sits at the top of its own ownership structure as its own ultimate parent. The registry data behind this profile lists approximately 59 subsidiary entities recorded beneath Churchill Downs Incorporated, predominantly single-member LLCs and corporations formed across US states including Kentucky, Florida, Illinois, Mississippi, Maryland, Ohio, New Hampshire, Washington, Massachusetts, Maine and California, plus one entity in Canada (United Tote Canada Inc). None of the entries discloses an ownership or voting percentage, so no calculated effective-ownership figure can be produced from this data alone. Cross-checking a sample of the listed names against Churchill Downs Incorporated’s own public disclosures corroborates that many are genuine, previously disclosed CDI subsidiaries or operating brands, including United Tote Company and Exacta Systems, LLC (both part of the company’s disclosed Wagering Services and Solutions segment), Churchill Downs Racetrack, LLC and Derby City Gaming, LLC (Kentucky HRM operations), the Turfway Park entities (Kentucky racetrack), the Churchill Downs Louisiana Horseracing Company entities operating Fair Grounds Race Course & Slots, Ocean Downs LLC and Miami Valley Gaming & Racing, LLC (regional gaming properties), and Youbet.com, Inc. (a wagering business acquired in 2010). Calder Race Course, Inc. and Tropical Park, LLC reflect the company’s historical Florida racing operations, consistent with the separate Florida foreign-qualification filing referenced elsewhere in this profile.

Verified corporate relationships

Recent structural changes

In November 2022, Churchill Downs Incorporated completed its approximately $2.8 billion acquisition of Peninsula Pacific Entertainment’s gaming assets, adding Colonial Downs, Del Lago Resort & Casino and Hard Rock Hotel & Casino Sioux City to the group. None of these entities appears by name in the subsidiary list reviewed for this profile, suggesting that list may not yet reflect this transaction or records these assets under different legal-entity names.

Data availability

Corporate-linkage information for Churchill Downs Incorporated is best described as subsidiaries only: the registry data lists numerous subsidiary entities but discloses no ownership or voting percentages and no parent company, consistent with Churchill Downs Incorporated being the top of its own group. This list should not be treated as exhaustive or fully current: it omits some publicly known 2022 acquisitions, and subsidiary registries generally capture only entities for which a filing has actually been made in that jurisdiction.

Sources

• Florida Department of State – Sunbiz – company and affiliated-entity registration records – https://dos.fl.gov/sunbiz – retrieved 9 September 2026
• Churchill Downs Incorporated – second quarter 2026 results press release – https://www.sec.gov/Archives/edgar/data/0000020212/000002021226000058/ex991pressrelease07-29×26.htm – retrieved 11 September 2026
• Churchill Downs Incorporated – Wikipedia (corroborating corporate history and segment context) – https://en.wikipedia.org/wiki/Churchill_Downs_Incorporated – retrieved 11 September 2026