STANDARD & POOR’S CREDIT RATING – RETAIL BONDS

STANDARD & POOR'S CREDIT RATING - RETAIL BONDS Pursuant to NZX Listing Rule 3.22.1, SkyCity Entertainment Group Limited (SkyCity) is pleased to advise that S&P Global Ratings has today assigned a BBB- long term issue rating to the retail bonds announced by SkyCity earlier today. SkyCity has announced an offer of up to NZ$125 million (with the ability to accept oversubscriptions of up to an additional NZ$50 million at SkyCity's discretion) of 6 year, unsecured, unsubordinated, fixed rate bonds maturing on 21 May 2027 to institutional investors and New Zealand retail investors. A copy of S&P Global Ratings' report is attached. Authorised by: Jo Wong Company Secretary Phone: +64 9 363 6143 Email: jo.wong@skycity.co.nz End CA:00371474 For:SKC Type:OFFER Time:2021-04-30 13:42:42