Retail Entitlement Offer Opens

NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

MARKET RELEASE

SkyCity Entertainment Group Limited (SKC.NZX/SKC.ASX)

26 August 2025

Retail Entitlement Offer Opens

SkyCity Entertainment Group Limited (“SkyCity”) advises that the retail entitlement offer component (“Retail Entitlement Offer”) of its approximately NZ$159 million fully underwritten 1 for 3.35 pro-rata accelerated non-renounceable entitlement offer of new fully paid ordinary shares (“New Shares”) opens today at 9:00am (NZST).

The Retail Entitlement Offer is available to eligible retail shareholders with an address recorded in SkyCity’s share register in New Zealand or Australia at 7.00pm NZST / 5.00pm AEST on Friday, 22 August 2025 (“Eligible Retail Shareholders”). Eligible Retail Shareholders are invited to subscribe for New Shares at an offer price of NZ$0.70 per New Share (or the A$ price of A$0.63 per New Share).

Eligible Retail Shareholders who wish to participate must apply and pay via www.shareoffer.co.nz/skycity by 5.00pm (NZST) on Thursday, 4 September 2025. Eligible Retail Shareholders who take up their entitlement in full may also apply for additional New Shares up to a maximum amount of additional New Shares equal to 60% of their entitlement. The entitlements will not be quoted on NZX or ASX and there will be no shortfall bookbuild for those entitlements not taken up by Eligible Retail Shareholders or the entitlement of ineligible retail shareholders.

Eligible Retail Shareholders that do not take up their full entitlement under the Retail Entitlement Offer will receive no value for those lapsed entitlements.

Further information
Shareholders who have any questions about the Retail Entitlement Offer are encouraged to read the Offer Document and seek financial, investment or other professional advice from a qualified professional adviser.

ENDS

For more information, please contact:

Investors and analysts
Craig Brown - Head of Investor Relations & Corporate Development
+64 27 470 6802
[email protected]

Media
Anna Shipley - Chief Corporate Affairs Officer
+64 27 5210 706
[email protected]


This announcement has been authorised for release by:
Phil Leightley, General Counsel & Company Secretary

Not an offer of securities in the United States

This announcement does not constitute an offer to sell, or a solicitation of an offer to buy, securities in the United States or any other jurisdiction. The offer and sale of the entitlements and the New Shares described in this announcement have not been, and will not be, registered under the U.S. Securities Act of 1933 ("U.S. Securities Act"), and the entitlements may not be taken up by, and the New Shares may not be offered or sold to, any person in the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the U.S. Securities Act and the applicable securities laws of any state or other jurisdiction of the United States.

Currency
Unless otherwise stated, all references to “$” are to the New Zealand dollar.

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Announcement PDF