REDEMPTION AND CONVERSION OF RESTRICTED SHARE RIGHTS

1 July 2020 Redemption and Conversion of Restricted Share Rights This notice is given under NZX Listing Rules 3.13.1 and 3.15.2 and relates to the 1,898,564 restricted share rights (Restricted Share Rights) in SkyCity Entertainment Group Limited (SKC) issued on 11 September 2018 to participating SkyCity employees under the SkyCity Restricted Share Rights Plan in respect of the financial year ended 30 June 2018. Each Restricted Share Right confers a right to receive one ordinary share in SKC, which, unless otherwise agreed by the Board of SKC, will only vest if the relevant employee remains continuously employed by SKC (or a company within the SkyCity Group) from the date of issue until the vesting date on 1 July 2020. On 1 July 2020, 70,861 Restricted Share Rights lapsed and were redeemed by SKC and 1,827,703 Restricted Share Rights vested to eligible participants. Authorised by Jo Wong Company Secretary End CA:00355621 For:SKC Type:SECISSUE Time:2020-07-01 15:50:43