ISSUE OF RESTRICTED SHARE RIGHTS UNDER THE SKYCITY PIP

Capital
Change
Notice
C I T Y
•
ENTERTAINMENT
GROUP
21
September
2022
Issue
of
Restricted
Share
Rights
underthe
SkyCity
Performance
Incentive
Plan
Thisnoticeis
given
under
NZX
Listing
Rule
3.13
.
1
andrelates
to
theissue
of
restrictedshare
rights
(
“
RSRs
"
)
in
SkyCity
Entertainment
Group
Limited
(
the
“
company
"
)
to
participating
employees
underthe
SkyCity
Performance
IncentivePlan
in
respect
of
the
financial
year
ended
30
June
2022
.
Each
RSR
granted
underthe
SkyCity
Performance
IncentivePlan
confers
a
right
to
receive
one
ordinary
share
in
the
company
,
which
will
only
vest
if
therelevant
employee
remains
continuouslyemployedby
the
company
(
ora
company
within
the
SkyCity
Group
)
from
thedate
of
issueuntil
21
September
2023
(
in
respect
of
‘
Tranche
One
’
RSRs
)
and
/
or
21
September
2024
(
in
respect
of
‘
Tranche
Two
’
RSRs
)(
as
applicable
)
.
Section
1
:
Issuer
Information
Name
of
issuer
SkyCity
Entertainment
Group
Limited
NZX
ticker
code
SKC
Class
of
financial
product
Restrictedshare
rights
Not
quoted
ISIN
Section
2
:
Capital
Change
Details
370
,
176
restrictedshare
rights
,
comprising
261
,
159
‘
Tranche
One
’
RSRs
and
109
,
017
‘
Tranche
Two
’
RSRs
Numberissued
Issue
price
per
security
Percentage
of
totalclass
offinancial
products
issued
100
%
Conversion
price
Nil
Conversion
dates
and
terms
‘
Tranche
One
’
RSRs
:
21
September
2023
‘
Tranche
Two
’
RSRs
:
21
September
2024
(
as
applicable
)
,
conditional
on
theholder
remaining
an
employee
up
to
therelevant
conversion
date
Reason
for
issueand
specific
authority
for
issue
Pursuant
to
the
Deferred
STI
Component
of
the
SkyCity
Performance
IncentivePlan
370
,
176
restrictedshare
rights
Total
number
of
financial
products
of
the
class
after
theissue
(
excluding
treasury
stock
)
andtotalnumber
offinancial
products
of
theclassheld
as
treasury
stock
after
theissue
None
held
as
treasury
stock
Specific
authority
for
theissue
,
including
reference
to
therule
pursuant
to
whichtheissueismade
Pursuant
to
NZX
Listing
Rule
4.6
.
1
Terms
or
details
of
theissueFurtherdetails
in
relation
to
the
SkyCity
Performance
IncentivePlan
are
setout
in
pages
100
-
101
of
the
company
’
s
2022
Annual
Report
Date
of
issue
21
September
2022
(
Using
NZX
Capital
Change
Notice
updated
as
at
17
October
2019
)

Section
3
:
Authority
for
this
Announcement
and
Contact
Person
Name
of
person
authorised
to
makethis
announcement
Jo
Wong
GeneralCounsel
&
CompanySecretary
Contact
person
for
this
announcement
Jo
Wong
(
09
)
3636143
Contact
phone
number
jo
.
wong
@
skycity
.
co
.
nz
Contact
email
address
Date
of
release
through
MAP
21
September
2022