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1Q19 Earnings Call Supplemental Materials April 17, 2019 Non‐GAAP Financial Measures

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1Q19 Earnings Call Supplemental Materials April 17, 2019 Non‐GAAP Financial Measures 1Q19 Earnings Call Supplemental Materials April 17, 2019 Non‐GAAP Financial Measures Within this presentation, the company may make reference to certain non‐GAAP financial measures including “consolidated adjusted property EBITDA,” which have directly comparable financial measures presented in accordance with accounting principles generally accepted in the United States of America ("GAAP"), along with “adjusted property EBITDA margin.” The specific reasons why the company’s management believes the presentation of each of these non‐GAAP financial measures provides useful information to investors regarding Las Vegas Sands’ financial condition, results of operations and cash flows, as well as reconciliations of the non‐ GAAP measures to the most directly comparable GAAP measures, are included in the company’s Form 8‐K dated April 17, 2019, which is available on the company’s website at www.sands.com. Reconciliations also are available in this presentation. 2 Index: 1Q19 Supplementary Materials I. Sands ECO360 II. Sands –Global Leadership in Entertainment 3 I. Sands ECO360 Sands ECO360 Industry Leading Global Sustainability Program High‐performing buildings, energy Programs to reduce, recycle, efficiency innovations and divert and donate waste renewable energy solutions Advanced technologies Sustainable food options and optimized routes for and education, restaurant our ferry and bus fleet design and kitchen efficiency Water conservation policies, Sustainable product purchases efficient fixtures and systems, and and alternatives to single‐use plastics reclaimed non‐potable water usage The Sands ECO360 Global Sustainability program reflects our vision to lead our industry in sustainable development and integrated resort operations 5 Global Goals: Our 2016‐2020 Targets . We have aligned our global sustainability targets for 2016‐2020 with three key, measurable, UN Sustainable Development Goals (SDGs) and our emissions reduction goals are approved by science‐based targets: Emissions Water Waste . Double the global rate of . Substantially increase water‐use . Substantially reduce waste UN Sustainable improvement in energy efficiency efficiency across all sectors generation through prevention, Development Goals . Increase substantially the share of reduction, recycling, and reuse (SDGs) renewable energy in the global . Halve per capita global food energy mix waste Energy Waste Food Sands ECO360 Water Alignment with SDGs Transportation Procurement . 6% reduction in emissions from . 3% reduction in consumption on . 5% increase in waste diversion resort operations, in addition to a per square foot basis rate LVS Goals (2016‐2020) offsetting newly opened resorts . 6% reduction in ferry emissions . Implemented 43 eco‐efficiency . Conducted extensive water audit . Expanded recycling program to projects throughout our resorts and implemented 10 water construction waste in Marina Bay . Established first renewable efficiency projects at Sands Select 2018 LVS energy purchase agreement at The Venetian | The Palazzo . Implemented various initiatives to Accomplishments Marina Bay Sands . Sands China Ltd. successfully reduce single‐use plastics at all our . Achieved 98% of LED lighting at engaged with laundry services properties Sands China Ltd. properties suppliers to reduce water consumption The initiatives implemented before our 2016‐2020 cycle reduced our electricity consumption by 247 million kWh and improved waste diversion by more than 10% 6 Sands ECO360 Key Initiatives: GHG Emissions Goal Exceeded: During 2018, our property teams worked relentlessly 1 reducing our energy consumption and related GHG emissions, which allowed us to reach our 2020 GHG Emissions goal two years in advance. LEED Gold Certification: The ArtScience Museum at Marina Bay Sands obtained the 2 LEED Gold certification for “Existing Buildings: Maintenance & Operations”. It is believed to be the first such museum in South East Asia. First Macao Green Hotel Platinum Award: The Venetian Macao received the first ever 3 Platinum level recognition by Macao Green Hotel Awards. Multiple other properties in Macao obtained or maintained their Gold level award. CDP and DJSI: We are the only company from the Casino & Gaming industry named 4 on the DJSI North America, and are part of both the CDP Climate A List and CDP Water A List. Employee Engagement: In 2018, our Team Members globally contributed over 190,000 5 Sands ECO360 actions to protect the environment and we are on track to meet our 1 million Sands ECO360 actions target by 2020. For example, working with Clean the World, we repurposed amenities from hotel rooms into 90,000 hygiene kits. Setting the Tone for 2019: Sands China Ltd. announced on January 2, 2019 that it has 6 discontinued its use of plastic straws at all its properties in an effort to reduce the consumption of single‐use plastics. 7 Sustainability Awards & Certifications Recognition on a Local and Global Level Las Vegas Sands United States Macao Singapore Dow Jones Sustainability Indices Trip Advisor: Green Leader Gold Macao Green Hotel Awards LEED Gold for Building Operations (2015, 2016, 2018) Certification Platinum – The Venetian Macao and Maintenance Gold – Sands Cotai Central, Sands The Venetian | The Palazzo ArtScience Museum at Marina Bay Newsweek Green Rankings Macao, Parisian Macao, Four Seasons Sands (2014, 2015, 2016) APEX/ASTM Level Two Hotel Macao Sands Expo and Congress Center at Singapore BCA Green Mark Platinum CDP Climate A List World’s Leading Green Hotel – The Venetian | The Palazzo Marina Bay Sands (2015, 2016, 2018) World Travel Awards LEED Silver for New Construction Earth Check Silver Certified CDP Water A List Conrad Macao The Palazzo Marina Bay Sands (2018) Earth Check Bronze Benchmarked LEED Gold for Building Operations The Venetian Macao APEX/ASTM Level One and Maintenance Marina Bay Sands Sands Expo and Congress Center at ISO 20121 The Venetian | The Palazzo The Venetian Macao ISO 20121 Marina Bay Sands Stella Awards, Best Green Initiative, IMEX / GMIC Green Supplier Award Far West region, Gold The Venetian Macao IMEX / GMIC Green Supplier Award The Venetian | The Palazzo Marina Bay Sands Award logo VERIFIED TM World's Leading Green Hotel Recognized by independent third parties as a global leader in sustainability 8 II. Sands – Global Leadership in Entertainment Sands – Global Leadership in Entertainment More Events, Venues and Seats than any Other Operator in the Region Events Entity Venue Seating Capacity Since Opening Cotai Arena 15,000 380 Four Other Theaters 5,351 184 Largest Pillar‐less 6,373 40 Ballroom in Asia Theater 2,183 277 Sands Offers More Entertainment Events, Venues and Seats than any Other IR Operator in the Region 10 Sands – Global Leadership in Entertainment Western Performers The Rolling Stones Katy Perry Céline Dion Beyoncé Rihanna Bon Jovi Elton John LVS is the Asian Entertainment Leader, Unmatched in Bringing the Greatest Superstars of Western Entertainment to Asia for more than a Decade… These photographs depict performers who have performed at Las Vegas Sands’ properties in Macao and Singapore. 11 Sands – Global Leadership in Entertainment Global Artists G.E.M. Joey Yung Big Bang Jay Chou A Lin Aaron Kwok Twins Girls Generation 2NE1 …As well as Asia’s Pop Superstars to Macao’s Cotai Strip and Singapore’s Marina Bay Sands These photographs depict performers who have performed at Las Vegas Sands’ properties in Macao and Singapore. 12 Sands – Global Leadership in Entertainment Sporting Events and Exhibitions Macau Drift The Clash in Cotai: Pacquiao v Rios Cotai Showdown – Agassi v Sampras UFC Macao World Tennis Assoc. Finals - Official Draw Ceremony Nitro Circus We Offer an Extraordinary Experience to Our Guests with World‐Class Sporting Events and Exhibitions… These photographs depict events or competitions at Las Vegas Sands’ properties in Macao and Singapore. 13 Sands – Global Leadership in Entertainment Musical and Cinematic Events From Vegas to Macau Premiere The Voice of China China Music Awards Voice of China Asian Film Awards The Expendables 3 Premiere International Indian Film Academy Awards Return of the Cuckoo Premiere …Awards, Events and Premieres Spanning Film and Entertainment Including Bollywood, Hollywood, Chinese Filmed Entertainment and Beyond… These photographs depict performers who have attended entertainment events at Las Vegas Sands’ properties in Macao and Singapore. 14 Sands – Global Leadership in Entertainment Entertainment That Engages the Entire Family Beauty and the Beast The Lion King Disney on Ice Cats Wicked Carnevale Winter in Venice Boss Baby Premiere …and the Spectacle of Live Theater and Immersive Events for All 15 These photographs depict performers who have performed at Las Vegas Sands’ properties in Macao and Singapore. Sands – Global Leadership in Entertainment Recent Performances and Events Maroon 5 Matilda Aaron Kwok Angela Zhang Janice Vidal 16 These photographs depict performers who have performed at Las Vegas Sands’ properties in Macao and Singapore..
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