SkyCity Entertainment Group (SKC) presentation summary

Meeting overview

• Annual meeting held as a hybrid event, allowing both online and in-person participation for shareholders and bondholders.

• Agenda included addresses from the Chair, CEO, and Transformation Sub-Committee, resolutions, Q&A, and refreshments.

• Voting was conducted both online and in person, with over 71% of voting securities represented by proxy votes.

Leadership and governance

• New CEO and CFO appointed in the past year, along with a refreshed Board and new Chief Risk Officer.

• Board includes six directors, with Julian Cook as Chair and Chad Barton among the independent directors.

• Board unanimously recommended re-election of Julian Cook and Chad Barton, and approval of auditor remuneration.

Regulatory and compliance matters

• Resolved several regulatory issues, including a $4.16m penalty in NZ and a five-day closure of Auckland gaming areas.

• Paid A$67m civil penalty in Australia following Federal Court approval.

• Ongoing transformation program focuses on financial crime prevention, host responsibility, and risk reduction.