PLAY · Dave & Buster's Entertainment, Inc. · Insider Trading

Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.

One Hundred percent (100%) of the Option that becomes earned shall vest in three substantially equal installments on each of the first, second and third anniversaries of the 2X Price Achievement Date.

This amendment is being filed to correct a clerical error resulting in the inadvertent labeling of Title of Security as "Stock Option (Right to Buy)" instead of "Common Stock.".

The price reported in Column 4 is a weighted average price. These shares were bought in multiple transactions at prices ranging from $6.77 to $6.78, inclusive. The reporting person undertakes to provide to Dave & Buster's Entertainment, Inc., any security holder of Dave & Buster's Entertainment, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each separate price within the range set forth in footnote (2) to this Form 4.

Represents a grant of RSU's that will vest in three installments of 24,155 shares on August 31, 2027, 24,155 shares on August 31, 2028 and 24,154 shares on August 31, 2029.

Represents a grant of RSU's that will vest in three installments of 13,007 shares on August 31, 2027, 13,006 shares on August 31, 2028 and 13,006 shares on August 31, 2029.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on April 24, 2027.

Represents a grant of RSUs that will vest in three equal annual installments on each of August 10, 2027, 2028 and 2029.

This Award shall be one hundred percent (100%) unvested as of the Date of Grant and shall be divided into three substantially equal tranches. Each Tranche shall be eligible to be earned and vest indiependently based on the Company's Same Store Sales performance during the applicable performance period.

Represents a grant of RSUs that will vest in two equal installments. 50% will vest on the first anniversary of the Grant Date or when a permanent CFO is hired and 50% will vest on the second anniversary of the Grant Date.

This Award shall be one hundred percent (100%) unvested as of the Date of Grant and shall be divided into three substantially equal tranches. Each Tranche shall be eligible to be earned and vest indiependently based on the Company's Same Store Sales performance during the applicable performance period.

One Hundred percent (100%) of the Option that becomes earned shall vest in three substantially equal installments on each of the first, second and third anniversaries of the 2X Price Achievement Date.

One Hundred percent (100%) of the Option that becomes earned shall vest in three substantially equal installments on each of the first, second and third anniversaries of the 2X Price Achievement Date.

One Hundred percent (100%) of the Option that becomes earned shall vest in three substantially equal installments on each of the first, second and third anniversaries of the 2X Price Achievement Date.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest on August 10, 2027.

Represents a grant of RSUs that will vest in three equal annual installments on each of August 10, 2027, 2028 and 2029.

50% of the 2X Earned Options will vest on the first anniversary of the Achievement Date or when a permanent CFO is hired and the other 50% will vest ratably over the two years.

Represents a grant of RSUs that will vest in three equal annual installments on each of August 10, 2027, 2028 and 2029.

This Form 4 is filed jointly by Hill Path Capital Partners LP ("Hill Path Capital"), Hill Path Capital Partners II LP ("Hill Path Capital II"), Hill Path Co-Investment Partners LP ("Hill Path Co-Investment"), Hill Path D Fund LP ("Hill Path D Fund"), Hill Path G Fund LP ("Hill Path G Fund"), Hill Path J Fund LP ("Hill Path J Fund"), Hill Path Capital Partners GP LLC ("Hill Path GP"), Hill Path Capital Partners II GP LLC ("Hill Path GP II"), HP D GP LLC ("HP D GP"), HP G GP LLC ("HP G GP"), HP J GP LLC ("HP J GP"), Hill Path Investment Holdings LLC ("Hill Path Investment Holdings"), Hill Path Investment Holdings II LLC ("Hill Path Investment Holdings II"), Hill Path Capital LP ("Hill Path"), Hill Path Holdings LLC ("Hill Path Holdings") and Scott Ross ("Mr. Ross," and collectively with the aforementioned entities, the "Reporting Persons").

To enable the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the first of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents restricted stock units granted to Mr. Ross under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest on August 5, 2027.

This Form 4 is filed jointly by Hill Path Capital Partners LP ("Hill Path Capital"), Hill Path Capital Partners II LP ("Hill Path Capital II"), Hill Path Co-Investment Partners LP ("Hill Path Co-Investment"), Hill Path D Fund LP ("Hill Path D Fund"), Hill Path G Fund LP ("Hill Path G Fund"), Hill Path J Fund LP ("Hill Path J Fund"), Hill Path Capital Partners GP LLC ("Hill Path GP"), Hill Path Capital Partners II GP LLC ("Hill Path GP II"), HP D GP LLC ("HP D GP"), HP G GP LLC ("HP G GP"), HP J GP LLC ("HP J GP"), Hill Path Investment Holdings LLC ("Hill Path Investment Holdings"), Hill Path Investment Holdings II LLC ("Hill Path Investment Holdings II"), Hill Path Capital LP ("Hill Path"), Hill Path Holdings LLC ("Hill Path Holdings") and Scott Ross ("Mr. Ross," and collectively with the aforementioned entities, the "Reporting Persons").

To enable the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents restricted stock units granted to Mr. Ross under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest on August 5, 2027.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest on August 5, 2027. The reporting person has elected to defer the receipt of shares upon vesting of the restricted stock units until his service on the Board of Directors is terminated, pursuant to the Dave & Buster's Entertainment, Inc. Amended and Restated 2016 Deferred Compensation Plan for Non-Employee Directors.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest in full on August 5, 2027.

Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.

Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.

Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.

Represents a grant of RSU's that will vest in three installments of 77,031 shares on June 22, 2027, 77,031 shares on June 22, 2028 and 77,030 shares on June 22, 2029.

Represents a grant of performance-based stock units ("PSUs") under the Issuer's Inducement Plan.

Represents a grant of RSU's that will vest in three installments of 42,017 shares on June 22, 2027, 42,017 shares on June 22, 2028 and 42,016 shares on June 22, 2029.

Represents a grant of performance-based stock units ("PSUs") under the Issuer's Inducement Plan.

Represents stock options granted to the reporting person under the Inducement Plan. The shares underlying these stock options will vest and become exercisable in substantially three equal installments on the Initial Price Achievement Date.

Represents stock options granted to the reporting person under the Inducement Plan. The shares underlying these stock options will vest and become exercisable in substantially three equal installments on the Initial Price Achievement Date.

Represents shares of common stock withheld by Dave & Buster's Entertainment, Inc. to satisfy tax withholding obligations in connection with the vesting of restricted stock units. No shares were sold in this transaction.

Represents a grant of RSU's that will vest in three installments of 13,608 shares on June 2, 2027, 13,608 shares on June 2, 2028 and 13,607 shares on June 2, 2029.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installments on each of June 2, 2027, 2028 and 2029.

Represents the Target Achievable performance-based restricted stock units ("PSUs") in respect of the one-fiscal year performance period commencing on the first day of fiscal 2026 and ending on the last day of fiscal 2026. 100% of the RSUs shall be deemed earned upon the attainment of positive Same Store Sales during the Performance Period.

Represents the Target Achievable performance-based restricted stock units ("PSUs") in respect of the one-fiscal year performance period commencing on the first day of fiscal 2026 and ending on the last day of fiscal 2026. 100% of the RSUs shall be deemed earned upon the attainment of positive Same Store Sales during the Performance Period.

Represents stock options granted to the reporting person under the Plan. The shares underlying these stock options will vest and become exercisable in three equal annual installments on each of June 2, 2027, 2028 and 2029.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal installments on each of June 2, 2027, 2028 and 2029.

Represents the Target Achievable performance-based restricted stock units ("PSUs") in respect of the one-fiscal year performance period commencing on the first day of fiscal 2026 and ending on the last day of fiscal 2026. 100% of the RSUs shall be deemed earned upon the attainment of positive Same Store Sales during the Performance Period.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest in three equal annual installments on each of June 2, 2027, 2028 and 2029.

Represents a grant of performance-based stock units ("PSUs") under the Issuer's 2025 Omnibus Incentive Plan.

This Form 4 is filed jointly by Hill Path Capital Partners LP ("Hill Path Capital"), Hill Path Capital Partners II LP ("Hill Path Capital II"), Hill Path Co-Investment Partners LP ("Hill Path Co-Investment"), Hill Path D Fund LP ("Hill Path D Fund"), Hill Path G Fund LP ("Hill Path G Fund"), Hill Path J Fund LP ("Hill Path J Fund"), Hill Path Capital Partners GP LLC ("Hill Path GP"), Hill Path Capital Partners II GP LLC ("Hill Path GP II"), HP D GP LLC ("HP D GP"), HP G GP LLC ("HP G GP"), HP J GP LLC ("HP J GP"), Hill Path Investment Holdings LLC ("Hill Path Investment Holdings"), Hill Path Investment Holdings II LLC ("Hill Path Investment Holdings II"), Hill Path Capital LP ("Hill Path"), Hill Path Holdings LLC ("Hill Path Holdings") and Scott Ross ("Mr. Ross," and collectively with the aforementioned entities, the "Reporting Persons").

To enable the Reporting Persons to gain access to the Securities and Exchange Commission's electronic filing system (which only accepts a maximum of 10 joint filers per report), this report is the second of two identical reports relating to the same transactions being filed with the Securities and Exchange Commission. Each of the Reporting Persons may be deemed to be a member of a Section 13(d) group that collectively beneficially own more than 10% of the Issuer's outstanding shares of Common Stock (the "Common Stock"). Each Reporting Person disclaims beneficial ownership of the securities reported herein except to the extent of his or its pecuniary interest therein, and this report shall not be deemed to be an admission that any Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Represents restricted stock units granted to Mr. Ross under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan. The restricted stock units will vest on May 6, 2027.

Represents restricted stock units granted to the reporting person under the Dave & Buster's Entertainment, Inc. 2025 Omnibus Incentive Plan (the "Plan"). The restricted stock units will vest on May 6, 2027.