2025 Annual Meeting of Shareholders

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THEULTIMATEEXPERIENCEINENTERTAINMENT
Annual Meeting
31 OCTOBER 2025

Opening Karakia
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

CHAIR
JULIAN COOK
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

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Meeting duly convened with a quorum present
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The Annual Meeting is a hybridmeeting, so shareholders
and bondholders can participate either online or in person
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Shareholders participating online can view the
presentations, ask questions and vote on the resolutions
on their selected devices
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Bondholders participating online can view the
presentations on their selected devices, but cannot ask
questions or vote on the resolutions
Welcome to the 2025 Annual Meeting
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

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If you have aquestion to submit during the meeting
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Select the ‘Q&A’ tab on your screen at any time
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Type your question into the field and press send
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Your question will be immediately submitted
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The ‘Q&A’ tab can also be used for assistance
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Submit your query in the same manner as typing a
question and a Computershare representative will
respond to you directly
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Alternatively, call Computershare on 0800 650 034
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Press‘send’to submit
your question
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Type your question
in the field
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Select the Q&A tab
ONLINE INSTRUCTIONS
Online Instructions –Questions/Assistance
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

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You can vote online on the resolutions once votingopens
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To vote, click on the ‘Vote’ tab, and select your voting
direction from the options shown
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Vote for all resolutions at once or by each resolution
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Your vote has been cast when the tick appears
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To change your vote, select ‘Change Your Vote’
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If you are attending in person in the SkyCity Theatre
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Complete your voting paper
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Place your completed voting paper in one of the ballot
boxes at the end of the meeting
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Select ‘change your
vote’ to change a vote
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Green tick =
vote cast
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Select voting
directions
ONLINE INSTRUCTIONS
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
Voting online and in person
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Julian Cook, Chair
Donna Cooper, Director
David Attenborough,
Director
Chad Barton, Director Kate Hughes, Director Glenn Davis, Director
SkyCity Board of Directors
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

Chair’s Address
Chief Executive Officer’s Address
Formal Proceedings
Resolutions and questions relating to the resolutions
Shareholder Questions
Close of meeting
Refreshments in the Sky Theatre foyer
Meeting agenda
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
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CHAIR’S
ADDRESS
JULIAN COOK
SKYCITY| ANNUAL MEETING| 31 OCTOBER 2025

Chair’s address
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
FY25 performance
Equity raise
Risk, compliance and transformation
Board appointments

Looking ahead
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THREE-YEAR STRATEGY
CONNECTED EXPERIENCES FOR
CUSTOMERS
CORE BUSINESS OPTIMSATION
MARKET LEADERSHIP IN NZ ONLINE
GAMING
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

CEO’S
ADDRESS
JASON
WALBRIDGE
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

FY25 progress
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
Carded Play in
New Zealand
Transformation
programmes
NZICC –on
track for Feb
2026 opening
Preparation for
online casino
gambling

FY25 financial results
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TOTAL
VISITATION
>10.5m
4.5% pcp
REPORTED/UNDERLYING
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REVENUE
$825.2m
(11.1%) Reported revenue pcp
(5.2%) Underlying revenue pcp
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
GROUP
EBITDA
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PER VISIT
$22
(20%) pcp
REPORTED
EBITDA
$216.1m
56.4% pcp
NET DEBT
$757m
REPORTED
NPAT
$29.2m
nm pcp
NET DEBT/
EBITDA
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3.1x
(covenant)
3.2x (underlying)
REPORTED
EARNINGS PER SHARE
3.9cps
nm pcp
UNDERLYING
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EBITDA
$233.7m
(15.9%) pcp
(adds back B3 costs of $17.6m)
UNDERLYING
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NPAT
$71.5m
(42%) pcp
UNDERLYING
1
EARNINGS PER SHARE
9.4cps
(42%) pcp
1. Refer to Annual Report for a description and further details of SkyCity’s underlying results
2. Based on underlying EBITDA
3. Last 12 months reported EBITDA, adjusted as per bank covenants –see annual report for reconciliation

FY25 financial results
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TOTAL GAMING VISITATION
>2.0m
(4.5%) pcp
TOTAL GAMING VISITATION
>430k
1.2% pcp
TOTALGAMING VISITATION
>1.2m
5.0% pcp
1.Adjusted for B3 costs of $17.6m
UNDERLYING REVENUE
$514.3m
(5.9%) pcp
UNDERLYING REVENUE
$74.2m
(3.6%) pcp
UNDERLYING REVENUE
A$212.2m
(2.9%) pcp
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
AUCKLAND
HAMILTON &
QUEENSTOWN
ADELAIDE
UNDERLYING EBITDA
$209.6m
(11.5%) pcp
UNDERLYING EBITDA
$33.7m
(3.9%) pcp
UNDERLYING EBITDA
A$28.5m
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(22.0%) pcp
UNDERLYING REVENUE
$4.1m
(56.3%) pcp
UNDERLYING EBITDA
($1.8m)
(150%) pcp
MALTA

SkyCity people and community
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TOP 10 ETHNICITIES OUR
STAFF IDENTIFY WITH
$3.1M
IN GRANTS
APPROVED BY THE
SKYCITY
COMMUNITY
TRUST TO
119
COMMUNITY
ORGANISATIONS

NZICC opening in February 2026
Resolution of the Martin Enquiry
Ongoing B3 Adelaide programme
Asset review
NZ Online gaming licence application
Queenstown licence renewal
Capital discipline
Key upcoming priorities
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

Trading update and outlook
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
No change observed in
NZ consumer
discretionary spending
FY26 trading
substantially in line
with expectations
Cost optimisation
initiatives targeting
minimum ~$10m in
FY26
Carded play impact
consistent with
guidance
On track to achieve
FY26 earnings
guidance: $190-210
million underlying
EBITDA

FORMAL
PROCEEDINGS
JULIAN COOK
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

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Green tick =
vote cast
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Press ‘for’, ‘against’
or ‘abstain’
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Select voting
directions
ONLINE INSTRUCTIONS
Proxies received
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
% OF ISSUED
CAPITAL
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VALID PROXIES
RECEIVED
RESOLUTIONS
72.1%794,998,774
Item 1: Re-election of Kate
Hughes as a Director
72.1%794,984,713
Item 2: Re-election of Glenn
Davis as a Director
72.1%794,866,475
Item 3: Remuneration of
Auditor
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Three resolutions set out in the Notice of Meeting
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794,998,774 proxy votes received by 10.00 am on
Wednesday 29 October 2025
1. Total number of SkyCity Entertainment Group shares on issue is 1,103,055,047.

Proxy results
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
PERCENTAGE
OF PROXIES
FOR THE
RESOLUTION
PROXY INSTRUCTIONSRESOLUTION DETAILS
TOTALUNDIRECTEDAGAINSTFOR
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RESOLUTION
72.9%794,998,7745,854,362209,557,322579,857,090Item 1: Re-election of Kate Hughes as a Director
80.7%794,984,7135,867,965147,548,491641,568,257Item 2: Re-election of Glenn Davis as a Director
93.5%794,866,4755,885,20945,721,353743,259,913Item 3: Remuneration of Auditor
1. Proxy instructions from affiliated parties and directed towards the Board are counted in favourof the resolution, in the ‘FOR’ category.

Formal resolutions
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RESOLUTION 1:
Re-election of Kate Hughes
RESOLUTION 2:
Re-election of Glenn Davis
RESOLUTION 3:
Remuneration of Auditor

Re-election of Kate Hughes
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Appointed to Board in September 2022
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Independent
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Chair of the Risk and Compliance Committee
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Member of the Governance and Nominations Committee
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Member of the Audit Committee
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Member of the Transformation Sub-Committee
The Board unanimously recommends that shareholders vote in favourof MsHughes'
re-election
Resolution 1
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

Re-election of Glenn Davis
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Appointed to Board in September 2022
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Independent
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Member of the Risk and Compliance Committee
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Member of the Governance and Nominations Committee
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Member of the Transformation Sub-Committee
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Non-executive director and Chair of the SkyCity Adelaide Board
The Board unanimously recommends that shareholders vote in favourof MrDavis'
re-election
Resolution 2
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

Remuneration of Auditor

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Authorisethe directors to fix the auditor's remuneration
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PricewaterhouseCoopers continues as the auditor ofSkyCity
The Board unanimously recommends that shareholders vote in favourof Resolution 3
Resolution 3
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SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

SHAREHOLDER
QUESTIONS
SKYCITY|ANNUAL MEETING|31 OCTOBER 2025

Closing Karakia
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025

THANK YOU
SKYCITY|ANNUAL MEETING|31 OCTOBER 2025

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All information included in this presentation is provided as at 31 October 2025
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This presentation, as well as the Chair’s and Chief Executive Officer’s addresses, include forward-looking statements.
Forward-looking statements, by their nature, involve inherent risks and uncertainties. Many of those risks and uncertainties
are matters which are beyond SkyCity’s control and could cause actual results to differ from those predicted. Variations
could either be materially positive or materially negative
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This presentation has not taken into account any particular investor’s investment objectives or other circumstances.
Investors are encouraged to make an independent assessment of SkyCity and seek financial advice.
Disclaimer
SKYCITY| ANNUAL MEETING | 31 OCTOBER 2025
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