Six Flags Entertainment Corporation/NEW 10-K

ITEM 2. PROPERTIES. OWNED ACREAGE: Park Location Approximate Total Acreage Approximate Developed Acreage Approximate Undeveloped Acreage Canada's Wonderland Vaughan, Ontario, Canada 295 295 — Carowinds Charlotte, N. Carolina and Fort Mill, S. Carolina 400 300 100 Cedar Point Cedar Point Shores Sandusky, Ohio 860 725 135 Dorney Park Allentown, Pennsylvania 210 180 30 Kings Dominion Doswell, Virginia 730 280 450 Kings Island Mason, Ohio 650 330 320 Knott's Berry Farm Knott's Berry Farm Soak City Buena Park, California 175 175 — Michigan's Adventure Muskegon, Michigan 260 120 140 Schlitterbahn Waterpark and Resort New Braunfels New Braunfels, Texas 90 75 15 Six Flags Discovery Kingdom Vallejo, California 125 125 — Six Flags Fiesta Texas San Antonio, Texas 220 220 — Six Flags Great Adventure Six Flags Hurricane Harbor New Jersey Wild Safari Adventure Jackson, New Jersey 2,105 1,740 365 Six Flags Great America Six Flags Hurricane Harbor Chicago Gurnee, Illinois 305 275 30 Six Flags Great Escape Resort Queensbury, New York 375 375 — Six Flags Hurricane Harbor Arlington Arlington, Texas 45 45 — Six Flags Magic Mountain Six Flags Hurricane Harbor Los Angeles Valencia, California 255 255 — Six Flags New England Agawam, Massachusetts 280 280 — Six Flags St. Louis Eureka, Missouri 315 300 15 Valleyfair Shakopee, Minnesota 190 110 80 Worlds of Fun Kansas City, Missouri 350 255 95 Separately gated water parks are italicized. The Company also owns a combination amusement and water park located in Bowie, Maryland totaling 525 acres. The property closed following the end of the 2025 operating season and is being marketed for redevelopment as part of the Company's ongoing portfolio optimization efforts. Each property in the Owned Acreage table is owned in fee simple and is encumbered by the Company's credit agreement and outstanding secured notes, with the exceptions of the land at the location of the Six Flags Resort and Attraction Management program and portions of the six-mile public highway that serves as secondary access route to Cedar Point. 19 Table of Contents LEASED ACREAGE: Park Location Approximate Total Acreage Lessor Lease Expiration California's Great America (1) Santa Clara, California 175 Prologis Inc. 2028 Frontier City Six Flags Hurricane Harbor Oklahoma City (2) Oklahoma City, Oklahoma 132 EPR Parks, LLC 2037 La Ronde Montreal, Quebec, Canada 146 City of Montreal 2065 Schlitterbahn Waterpark Galveston Galveston, Texas 40 City of Galveston 2049 Six Flags Darien Lake (2) Corfu, New York 988 EPR Parks, LLC 2037 Six Flags Hurricane Harbor Concord (2) Concord, California 24 EPR Parks, LLC 2035 Six Flags Hurricane Harbor Oaxtepec Oaxtepec, Morelos, Mexico 67 Mexican Social Security Institute 2036 Six Flags Hurricane Harbor Phoenix (2) Glendale, Arizona 33 EPR Parks, LLC 2033 Six Flags Hurricane Harbor Rockford Cherry Valley, Illinois 43 Rockford Park District 2029 Six Flags Hurricane Harbor Splashtown (2) Spring, Texas 46 EPR Parks, LLC 2037 Six Flags Mexico Mexico City, Mexico 110 Federal District of Mexico City 2034 Six Flags Over Georgia Six Flags White Water (3) Austell, Georgia Marietta, Georgia 360 Georgia Partnership 2027 Six Flags Over Texas (3) Arlington, Texas 217 Texas Partnership 2028 Separately gated water parks are italicized. (1) Former Cedar Fair sold the land at California's Great America in June 2022. Concurrently with the sale of the land, Cedar Fair entered into a lease contract that allows the Company to operate the park during a six-year term, and the Company has an option to extend the term for an additional five years. The lease is subject to early termination by the buyer with at least two years' prior notice (see Note 11 to the accompanying consolidated financial statements). (2) The leases with EPR Parks, LLC include capital expenditure commitments (see Note 11 to the accompanying consolidated financial statements). (3) Six Flags Over Georgia, Six Flags White Water and Six Flags Over Texas are leased from the limited partner of the partnerships that own these parks. Upon lease expiration, the Company has the option to acquire all of the interests of the respective limited partner. The Company has elected to exercise the option for Six Flags Over Georgia and White Water Atlanta and has elected not to exercise the option for Six Flags Over Texas (see Note 7 to the accompanying consolidated financial statements). Following the expiration of the Company's Six Flags Over Texas option, Six Flags Over Texas may be sold with the proceeds applied to redeem the outstanding interests. Alternatively, the remaining units could be put by the unitholders to the Company or the agreement may be extended or amended with new terms.