INVESTOR PRESENTATION, INCLUDING UPDATED TRADING GUIDANCE

SKYCITY ENTERTAINMENT GROUP LIMITED (SKC) INVESTOR PRESENTATION, INCLUDING UPDATED TRADING GUIDANCE Please find attached a copy of the investor presentation to be delivered by the company at the SkyCity Investor Day in Auckland, New Zealand, today. The presentation includes a trading update on page 16, including the following: o the Group revenue trend reflects some uplift from the New Zealand tourism recovery, partially offset by the negative impact on trading from recent weather events in Auckland; o electronic gaming machine performance continues to be strong, while table games remain subdued across all properties; o the Group is experiencing higher legal and compliance costs, partially as a result of increased resource and capacity around anti-money laundering and harm minimisation; o the termination of the Auckland Carpark Concession Agreement remains ongoing, with settlement expected to slip to FY24; and o the FY23 normalised EBITDA(1) guidance range has been updated to $300m - $310m, excluding carpark earnings. For further information concerning the trading update or the investor presentation, please contact: Rodney Deacon General Manager Group Strategy & Capital Markets Email: rodney.deacon@skycity.co.nz Phone: +64 21 631 074 Authorised by: Jo Wong Company Secretary Phone: +64 9 363 6143 Email: jo.wong@skycity.co.nz (1) - Normalised EBITDA is EBITDA adjusted for International Business theoretical win rate, New Zealand International Convention Centre fire impact, asset impairment and property valuation - refer to page 23 of SkyCity's 1H23 results investor presentation for further detail End CA:00411939 For:SKC Type:MKTUPDTE Time:2023-05-24 08:31:11