ISSUE OF RESTRICTED SHARE RIGHTS

This notice is given under NZX Listing Rule 3.13.1 and relates to a one-off issue of restricted share rights (RSRs) in SkyCity Entertainment Group Limited (company) to Michael Ahearne, Chief Executive Officer, (CEO RSR Grant). The CEO RSR Grant is subject to the rules of the SkyCity Restricted Share Rights Plan, as amended by the specific terms of the CEO RSR Grant. Each RSR confers a right to receive one ordinary share in the company. The RSRs will only vest if Mr Ahearne remains continuously employed by the company (or a company within the SkyCity Group) until 8 September 2024 (in respect of 'Tranche One' RSRs) and/or 8 September 2025 (in respect of 'Tranche Two' RSRs). There are no performance measures associated with the vesting of the RSRs under the CEO RSR Grant. Each vested RSR may be exercised by Mr Ahearne on or before the termination date (being 8 September 2026) by paying the exercise price of $3.237 per RSR, as reduced by the aggregate cash amount per share of any dividends paid by the company between 8 September 2021 and the relevant date of exercise of the RSR. No dividends will be paid on the RSRs. Authorised by Jo Wong Company Secretary End CA:00385096 For:SKC Type:SECISSUE Time:2021-12-21 11:49:35