REDEMPTION AND CONVERSION OF RESTRICTED SHARE RIGHTS

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 498,004 'Tranche Two' restricted share rights (Tranche Two Restricted Share Rights) in SkyCity Entertainment Croup Limited (SKC) issued on 6 September 2019 to participating SkyCity employees under the SkyCity Performance Incentive Plan in respect of the financial year ended 30 June 2019 (2019 PIP). Each such Tranche Two 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 Croup) from the date of issue until the relevant vesting date. On 6 September 2021, 38,677 Tranche Two Restricted Share Rights lapsed and were redeemed by SKC and 459,327 Tranche Two Restricted Share Rights vested to eligible participants. A total of 8,720 'Tranche Two' restricted share rights in SKC issued on 10 September 2019 (with a vesting date of 10 September 2021) remain on issue to participating SkyCity employees under the 2019 PIP. Authorised by Jo Wong Company Secretary End CA:00378648 For:SKC Type:SECISSUE Time:2021-09-06 17:20:15