INVESTOR PRESENTATION

1383.HK SUNCITY GROUP HOLDINGS LTD

2021 Interim Results 31 August 2021

INNOVATIVE DREAMS BRING A WORLD OF ENDLESS POSSIBILITIES Chairman’s Letter to Shareholders

Dear fellow Suncity shareholders,

In the past two decades, I have witnessed Asia gaming’s exponential growth, its downturns and its shifts towards leisure and entertainment; but none of these was even faintly comparable to the pandemic now, because borders grinding to a halt is a completely new phenomenon. As you may have expected, our businesses have been impacted by border restrictions. Yet we are also glad to see economic resilience globally, which has given us the confidence that pent-up demand is real and will happen once borders reopen. A big applause to the Central Government, the Russian, the Vietnamese and the Philippines governments and everyone else who play a part in controlling the pandemic to date.

Our core strategy is to preserve cash and liquidity while retaining flexibility to adapt to the challenges brought by the pandemic and changing market conditions. Firstly, we focus on the maximisation of cash flows from our operating properties through continued implementation of cost-reduction and efficiency initiatives; some of which have become permanent savings. In each of our properties, we manage costs carefully without affecting customer experience. Secondly, we will continue to work on creating growth for all our properties so that Tigre de Cristal, Hoiana, and later, Westside City Project will become main growth drivers of the Group. We remain pragmatic and will flexibly adjust the scale and speed of development, prioritising projects with the highest and fastest returns.

For now, let us put the growth story aside and prepare for the worst, as surviving today is a prerequisite for tomorrow. In the first half of 2021, we completed the disposal of the legacy property development and leasing businesses which will generate total proceeds of approximately RMB675 million, so that Suncity can finally focus on integrated resort development, with significantly improved liquidity. In Summit Ascent, Tigre de Cristal has delivered fair results generating a positive-EBTIDA of HK$17.2 million, thanks to solid local mass and slots business. Hoiana has also been running at its lowest cost ever. We are pleased that our stakeholders continue their support towards Hoiana.

The gaming business in Asia may be tough for now, yet, Suncity’s commitment to our vision in the North, South and East of Asia remains steadfast. We have worked diligently during these challenging times to sow the seeds for the best integrated resorts in Asia. In the North, in Tigre de Cristal, both hardware and software are ready - Suncity Premium Club and new F&B options are now all ready, awaiting border reopening. Phase II is on its way too, not to mention that the Integrated Entertainment Zone of the Primorye Region (“IEZ Primorye”) will be the next entertainment destination of its own calibre with nearby openings. In the South, Hoiana is awaiting tourists to experience her beauty along the sandy coast in Central Vietnam. In the East, Westside City Project is constructing in full steam in the Philippines. In , our ski hotel in Niseko and diving hotel in Miyako Islands will offer customers pure Japanese leisure and fun.

Suncity’s synergistic locations in the North, South and East of Asia makes our entertainment accessible to people living in key markets in Asia. Riding on the wave of digitalisation and by mining our data, we know what our guests love best with the Suncity advantage – a propriety network of unparalleled services and fun, only achievable under the Suncity’s umbrella. Our Korean and Japanese customers will love heading to Vladivostok for a weekend break with seafood and vodka within a short two-hour commute. South East Asians may take mini weekend excursions relishing sun, sea and sand in Hoiana. Westside City Project will be well-loved as the trendiest party place in town by socialites. When borders reopen, the picture will be very different from how it is today. The afterlife of the Asian entertainment sector post-COVID awaits, because what doesn’t kill you, makes you stronger.

Currently in Suncity, we are creating the good; and sustaining the bad. If the road ahead of us is hard and rocky, we continue our journey by flowing down like a river; if the environment turns to the extreme chill; we solidify and continue downhill in the form of a glacier. By being ultra-flexible and adaptable in a ferocious business operating environment is in the heart of every Suncity team member. Suncity will always have my full support, be it rainy days, or rainbow days.

Finally, I would like to extend my gratitude to our global team, our shareholders, our suppliers, our investment partners and our team members for their patience to grow together with the Group. While pending recovery, we are turning pain into power, and turning power into motivation. I look forward to sharing with you the successes of our Group in the many more half-years ahead.

Mr Alvin Chau Cheok Wa Chairman Suncity Group Holdings Limited 2 Suncity’s Selected Awards and Recognition

Suncity (1383.HK) Suncity (1383.HK) Suncity (1383.HK) Suncity (1383.HK) 2020 Asian Gaming Power Number 1 in Gaming & Best ESG, Ranked 1st Buy-side Best CEO, Ranked 1st Sell- 50: Number 6 – Alvin Chau Lodging Sector & Most & Sell-side Combined side (Andrew Lo) Honored Company iag Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings 2020 2021 2021 2021

Suncity (1383.HK) Suncity (1383.HK) Suncity (1383.HK) Suncity (1383.HK) Best CFO, Ranked 1st Sell-side Best Investor Relations Best Investor Relations Best Investor Relations Company, Ranked 1st Buy- Professional, Ranked 1st Buy- Team, Ranked 1st Buy-side side & Sell-side Combined side & Sell-side Combined & Sell-side Combined Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 Institutional Investor 2021 All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings All-Asia Executive Rankings 2021 2021 2021 2021 3 Hoiana and Tigre de Cristal Selected Awards and Recognition

Tigre de Cristal Tigre de Cristal Tigre de Cristal Hoiana Shores Golf Club Corporate Travel Awards 2020 Winner of the XVI Business Top 5 Nominees of “Russia’s 2021 Asia's Top 100 Golf (Hotel Resort of the Year) Prize of Primorsky Krai Leading Resort 2019” Courses (Company of the Year 2019) CEO Today Magazine Zolotoy Rog World Travel Awards 2021 Xing Ding Capital Asia’s 4 Top 100 Golf Courses Rankings 2020 2019 2019 2021

Hoiana Hoiana Hoiana Shores Golf Club Hoiana Shores Golf Club Best Integrated Resort of the Asia's Leading Tourism GEO Certified® World's Best New Golf Year - Best of the Best Awards Development Project 2020 Development Status Course 2020 2020 Robb Report 27th World Travel Awards GEO Foundation World Travel Awards 4

2020 2020 2020 2020 4 1 GROUP 2021 INTERIM RESULTS

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

GROUP 2021 INTERIM RESULTS

FINANCIAL UPDATE 1383.HK 2021 Interim Results Highlights

Profit attributable Basic Earnings TdC Recovery in 1H vs to Equity Holders per Share Pre-pandemic1 1H 2021 TdC GGR

Mass Table Drop recovered to 87% RMB 320.0million RMB 3.13 cents HK$ 139.1million US$49.4 million US$0.48 cents US$17.9 million Electronic Gaming Volume recovered 100% to

Group Total Bank Balances & Cash Revenue Group Revenue Mix 1H 2021 Hoiana GGR

18% Operation of integrated resort in the Russian 1% Federation US$ million RMB 1.9billion RMB 148.8 million Property development 13.0 8% US$300 million US$23 million 1H 2021 0.0% Management and operation of malls 73% Hotel and integrated resort general consultancy services

Travel related products and services US$1 = RMB6.48, US$1 = 0HK$7.75 1 Pre-pandemic: Average monthly volume recorded in Q1 2020 as a percentage of average monthly volume recorded during the pre-closure period of 1H 2021 6 1383.HK 2021 Interim Results Highlights

Suncity: Significant Turnaround to Bottomline Profit Although Non-Cash in Nature • 1H Group Total Revenue of RMB148.8 million, up 99% year-on-year • 1H Group Consolidated Adjusted EBITDA of negative RMB(33.7) million versus approximately negative RMB(44.5) million in 1H 2020 • 1H Group Profit Attributable to Equity Holders of the Company of RMB320.0 million, significant turnaround from Loss Attributable to Equity Holders of the Company of RMB(118.6) million in 1H 2020, though the Profit was non-cash in nature

Group & Segmental Results: Suncity will Focus on Development & Operation of Integrated Resorts Going Forward • Suncity completed the sale of the property development & leasing segment in China, with total proceeds of approximately RMB675 million; Suncity will focus on the development and operation of integrated resorts going forward • 1H Operations of integrated resort in the Russian Federation contributed revenue of approximately RMB107.9 million (1H 2020: Nil) • 1H Travel related products and services segment contributed revenue of approximately RMB27.0 million, down 60% year- on-year • 1H Hotel and integrated resort general consultancy services segment revenue of approximately RMB1.3 million, decreased 81% year-on-year • 1H Management and operation of malls segment revenue of approximately RMB12.6 million (1H 2020: Nil)

7 1383.HK 2021 Interim Results Highlights

Tigre de Cristal: 1H 2021 Adjusted EBITDA Continued Trending Positive While Increased 1.3 Times Sequentially in the Middle of COVID, Thanks to Sustained Local Mass & Slots Businesses • 1H Net Revenue from Gaming Operations of HK$122.7 million, up 33% YoY • 1H Total Gross Gaming Revenue (“GGR”) of HK$139.1 million, up 9% YoY • 1H Adjusted EBITDA of Tigre de Cristal was HK$17.2 million versus negative HK$(22.1) million in 1H 2020, 1H Adjusted EBITDA was also up 131% sequentially versus 2H 2020 • Average Hotel Occupancy was 44% during weekends and 21% during weekdays in 1H 2021

Hoiana: Ensure Survivability through the COVID Storm • 1H Net Revenue was US$6.8 million, up 42% compared to 2H 2020 • 1H Total GGR of US$13.0 million, up 46% compared to 2H 2020 • 1H Adjusted EBITDA of negative US$(20.6) million

Balance Sheet: Liquidity Improved with the Sale of Property Development & Leasing Segment in China • The Group improved its liquidity position through the sale of the property development & leasing segment in China and generated total proceeds of RMB675 million • Bank Balances and Cash of RMB1.9 billion as at 30 June 2021 • Total Bank and Other Borrowings of approximately RMB965.3 million as at 30 June 2021

8 1383.HK Total Revenue Summary 1H 2021

1383.HK 1H 2020 Total Revenue increased by 99% YoY to RMB148.8 million

1383.HK Total Revenue Summary YoY

RMB’000 Total: 148,770 Operations of integrated resort in the Russian Federation N/A 160,000 26,950 1 1 140,000 Property development N/A 1,309 120,000 12,639 2 2 Total: 74,621 Management and operation of malls N/A 100,000

80,000 107,872 Hotel and integrated resort general consultancy services (81%) 60,000 67,733 Travel related products and services (60%) 40,000

20,000 6,888 0 0 Total Revenue Change 99% 0 0 0 1H 2020 1H 2021

Travel related products and services

Hotel and integrated resort general consultancy services 1 1H 2021 revenue of RMB107.8 million 1 Management and operation of malls The Company disposed the entire interest in Access Achievement Limited on 30 June 2021. Accordingly, part of the property development segment & the entire property leasing segment were discontinued as at 30 June 2021 Property development 2 1H 2021 revenue of RMB12.6 million through the operation of shopping malls in China Operation of integrated resort in the Russian Federation

9 A Growing Asset Base & Ample Liquidity

Total Bank Balances and Cash amounting to RMB1.9 billion in 1H 2021 (+17% YoY) Total Assets of RMB8.1 billion in 1H 2021 (+39% YoY)

Bank balances and cash, Restricted bank deposits Total Assets RMB’000 and Pledged bank deposits RMB’000

2,000,000 9,000,000 1,947,400 +39% YoY 8,096,940 1,950,000 8,000,000 +17% YoY 1,900,000 7,000,000 1,850,000 5,830,044 6,000,000 1,800,000 5,000,000 1,750,000 4,000,000 1,700,000 1,667,298 3,000,000 1,650,000

1,600,000 2,000,000

1,550,000 1,000,000

1,500,000 - Jun 2020 Jun 2021 Jun 2020 Jun 2021

10 Tigre de Cristal – 1H 2021- Delivered Fair Results During the Pandemic

1H 2021 Adjusted Property EBITDA Continued Trending Positive While Increased 1.3 Times Sequentially in the Middle of COVID, Thanks to Sustained Local Mass & Slots Businesses Tigre de Cristal HoH YoY • 1H 2021 Total Revenue from gaming and hotel operations of HK$’million HK$129.5 million, up 35% YoY and up 12% sequentially Total Revenue from Gaming and Hotel 12% 35% Operations • 1H 2021 Positive-Adjusted EBITDA of HK$17.2 million, up 178% YoY, increased 1.3 times compared to 2H 2020 Gaming VIP Gross Win (100%) (100%) • In 1H 2021, no VIP Gross Win was recorded, down 100% YoY Mass Net Win 15% 62% Electronic Gaming Net Win 10% 68% • 1H 2021 Mass Net Win increased 62% YoY to HK$55 million, 1 and increased 15% HoH Non-Gaming Revenue 46% 82%

• 1H 2021 Electronic Gaming Net Win increased 66% YoY to HK$’000 20,000 Adjusted EBITDA (HK$'000) and 17,287 16% 14% HK$68 million, and increased 10% HoH 15,000 Adjusted EBITDA Margin (%) 13% 12% 1 10,000 10% • 1H 2021 Non-gaming revenue increased 82% YoY to HK$6.7 7,470 5,000 8% million, and increased 46% HoH 6% 6% - 4% • During 1H 2021, average hotel occupancy during weekends (5,000) 2% 0% (10,000) was 44% and during weekdays was 21% (22,149) -2% (15,000) -4% -6% (20,000) -8% 1 Non-gaming revenue: refers to revenue from hotel operations (25,000) -10% 1H 2020 2H 2020 1H 2021

Adjusted EBITDA Margin 11 Hoiana – 1H 2021 Managed Cashflow to Ensure Survivability

Hoiana generated US$13 million GGR in 1H 2021. Adjusted EBITDA of US$(20.6) million Hoiana • 1H 2021 Total GGR of US$13 million, down 18% QoQ; up HoH YoY* 65% HoH; up 968%YoY US$'000 • 1H 2021 Total Net Revenue of US$6.8 million in 1H 2021, up VIP Gross win 65% 631% 42% HoH Mass Gross win 21% 3,804% • 1H 2021 VIP Gross Win was US$8.9 million, down 18% QoQ; up 65% HoH; up 631% YoY Electronic Gaming Gross Win 6% 1,228% • 1H 2021 Mass Gross Win was US$2.7 million, down 46% QoQ; up 21% HoH, up 3,804% YoY GGR 46% 968% • 1H 2021 Electronic Gaming Gross Win was US$1.4 million, US$’000 up 80% QoQ; up 6% HoH; up 1,228% YoY 9,000 Adjusted EBITDA (US$'000) and 0% Adjusted EBITDA Margin (%) 4,000 • 1H 2021 Adjusted EBITDA was negative US$(20.6) million -2% (1,000) -4% (6,000) -6% (11,000) (20,557)

-8% *Comparison between the period from 1 January 2021 to 30 June 2021 and the 3-days period from 28 June 2020 (16,000) (the date of commencement of casino operation) to 30 June 2020 (21,000) -10% 1H 2021

12 Continued Full Financial Support from the Chairman Proof that Mr. Chau is not worried about the Group in not repaying him

Mr. Chau exchanged his unconditional loans into Perpetual Securities to a maximum of HK$6 billion (i.e. liability has been classified as equity → enhanced Suncity’s Net Asset Position)

Perpetual Securities Shareholder's Unconditional Loan Facility (Part of Shareholder’s Equity)

Total: HK$6 billion HK$’000

6,000,000 628,000

5,000,000 1,827,000 From 18 Aug 2020 onwards 4,000,000

• As of 30 Jun 2021, the Group has approx. HK$628 million 3,000,000 5,372,000 of unissued perpetual securities from Mr. Chau

3,793,000 2,000,000 • The act of changing shareholder’s loan into Perpetual Securities enhanced Suncity’s Net Asset Position and

1,000,000 lowered the Group’s Gearing Ratio

0 June 2020 Jun 2021

Drawn Unutilised Drawn

13 Main Shareholder Mr. Alvin Chau

14 Development Update

Tigre de Cristal Phase I upgrade ready; Phase II Planning & Design on its Way; Diversifying into the Philippines • Russia: Tigre de Cristal Phase I upgrade ready, which includes a brand-new Suncity Premium Club, a new hot pot restaurant and a new private club; Phase II minor delays due to COVID, target to be ready in 2023 • Philippines: Invest in one of the fastest-growing Asian gaming jurisdictions in Asia, the Philippines; Westside City Project target to be ready in 2023

Tigre de Cristal, Russia Westside City Project, Philippines

When Phase I & II are both running, Tigre de Cristal will triple in its number of When Westside City Project is ready, it will consist of: rooms, and double in number in its gaming facilities • Approximately 300 gaming tables • Over 1,300 electronic gaming machines • Over 450 five-star hotel rooms • Approximately 1,000 car park spaces • Pool club & leisure club, etc.

15 Development Update

Moving forward for Skiing and Diving Resorts in Japan • Vietnam: Hoiana Phase II and beyond are planning in progress • Japan: Moving forward with plans to develop a diving resort in Miyako Islands, Okinawa; and a skiing resort in Niseko, Hokkaido

Miyako Islands & Niseko, Japan Vietnam

• Miyako Islands: 40 villas and a hotel with more than 100 rooms In Hoiana, hotel rooms are being rolled out gradually in Phase I according to demand. • Niseko: 50 villas, 20 townhouses and a hotel with over 40 rooms Hoiana Shores Golf Club, Hoiana Suncity, Hoiana Hotel & Suites and New World Hoiana Hotel are now operational.

Phase II and beyond are planning in progress. Land plots are now being prepared for development.

16 2 COMPANY OVERVIEW

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

COMPANY OVERVIEW

SUNCITY GROUP HOLDINGS LIMITED 1383.HK Flexibility is the HEART of Suncity’s Core Strategy

STATIC FLEXIBLE ADAPTABLE When needed In the present In the future

Balancing risk & reward

18 Corporate Structure

Suncity Group Holdings Ltd (HKEx: 1383)

HKEx Stock code: 102 69.66% PSE Stock code: SUN 51% 100% SGMC

Hotel & Integrated Resort Integrated Resort in the Philippines Integrated Resort in Russia Consultancy Services

34% 51% 100% 100% 100%

MSRD Honour City Management & Operation of Malls

Hotel development in Hotel development in Integrated Resort in Vietnam Dongyang Xinguang Miyako Islands, Japan Niseko, Japan

19 How Suncity Group Holdings Limited 1383.HK Evolved

2012 2017 2019

• Change of company name from • Change of company name from Sun • Acquired 51% equity interest of Suntrust (PSE: SUN) Hong Long to Sun Century Century Property Group Limited to • Became the single largest shareholder of Summit Ascent (HKEx: 102) Group Ltd. Suncity Group Holdings Limited • Acquired 51% equity interest of MSRD • Became an eligible security for southbound trading under Shenzhen Stock Connect

• COVID, travel bans and restrictions were in place • Suncity Group (private • Completed HK$600mn acquisition • Hoiana soft opening on 28 June 2020 agreement for an effective 34% junket business, not listed) • Westside City Project in the Philippines construction started founded in Macau interest in Hoiana • Suncity Group (HKEx : 1383) increased holdings of Summit Ascent (HKEx : 102) to 69.66% • Summit Ascent increased holdings of the Russian casino Tigre de Cristal to 77.5% from previously 60% • Acquired Niseko hotel project in Japan 2007 2018 2020

20 Suncity’s Five Year Plan

Control In 5 years’ time, Suncity will have: by Suncity

# of Hoiana P1: 140 tables tables Westside City: 300 tables 2021 Tigre de Cristal P1+2: 140 tables

• Tigre de Cristal Phase I upgrade completed Total: Over580 • New Suncity Premium Club and Premium mass business line set up in Tigre de Cristal

# of Hoiana P1: 1,000+ rooms rooms Westside City: 2,400 rooms* Tigre de Cristal P1+2: 470 rooms Miyako Island project: 40 villas + more than 100 hotel rooms Niseko project: 50 villas + 20 townhouses • Westside City Project ready in operations • Completion of the hotels & villas in + over 40 hotel rooms • Tigre de Cristal Phase II ready in operations Miyako Islands and Niseko, Japan • Hoiana Phase 2 completion; Total: Over subsequent phases of Hoiana starts 4,000

# of slots Hoiana: max 2,000 slots 2023 2024+ Westside City: >1,300 slots Tigre de Cristal P1+2: 630 slots

Total: Over 3,900

* Rooms include both Suncity’s hotel & Westside’s hotel 21 3 INVESTMENT HIGHLIGHTS

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

INVESTMENT HIGHLIGHTS Strongest Pipeline in the Gaming Industry in Asia

RUSSIA

Strongest Pipeline in the Gaming Niseko

Vladivostok industry in Asia:

JAPAN SOUTH CHINA KOREA

Miyako Islands MYANMAR Hong Kong And more… Van Don Macau

Hoi An Manila VIETNAM

PHILLIPINES 23 TIGRE DE CRISTAL Vladivostok, Russia Operates the largest IR in the Russian Federation

TIGRE DE CRISTAL, Vladivostok

Suncity (1383.HK)

69.66% Summit Ascent (102.HK)

77.5%

Oriental Regent Limited

100%

G1 Entertainment LLC Holder of the gaming license Tenant under Lot 8, 9 and 10

25 Tigre de Cristal development summary

Development Largest integrated resort in the Russian Federation

Vladivostok, Integrated Entertainment Zone (IEZ) in the Russian Far East Location (Located 15 min from the Vladivostok airport)

Land area Phase 1 [Lot 9] Over 90,000 sqm; Phase 2 [Lot 10] Over 150,000 sqm;

Phase 1 Phase 1 + Phase 2 [Phase 1 GFA: 35,000 sqm] • 5 star hotel 121 rooms [Phase 2 GFA: over 65,000 sqm] • Electronic gaming machines 330 machines • Luxury hotel rooms Approx. 470 rooms • VIP tables 30 tables • Electronic gaming machines Approx. 630 electronic gaming Components • Mass tables 35 tables machines • Restaurant & Bars 4 • Gaming tables Approx. 140 tables • Spa 1 • Luxury duty free shopping • Fitness Center 1 • Oriental, Korean, Japanese, Western Restaurants • Beach club • Conference, performance, auditorium and banquet facilities

26 Strong Tourism Growth from Northeast Asia

Pre-COVID Foreign Tourist Arrivals by Region Tourist Arrivals to Primorye

1,000 Pre-COVID CAGR 941 of 43% E-visa Regime 779 800 Implemented on 8 Aug 2018 2019 YoY % 2017 644 Country Arrivals Arrivals increase Arrivals 600

('000) ('000) 400 China 422,125 456,295 +8% 248 171 200 108 132 Republic of South Foreign Tourist 226,849 304,000 +34% Korea - 2014 2015 2016 2017 2018 2019 2020 Japan 20,955 35,000 +67% Source: Primorsky Territory Department for International Cooperation and Tourism; Federal State Statistics Bureau

E-visa Approval Validity period Application fee processing time 2021: US$ 40 pp* 2021: 16 days per entry* 4 days at maximum (consular fee)

*A single-entry electronic visa is suspended due to COVID-19.

Visa-free regions that are potentially Countries applicable for e-visa that are potentially our target customers our target customers

China Japan Singapore Philippines Taiwan India Malaysia etc. South Korea Hong Kong Macau

27 Tapping into the relatively Untapped Korean and Japanese Markets

Both Japanese and Koreans could afford gaming better than others South Koreans love gaming, already contributed half of the entire Korea’s GGR in 2019

US$ Comparison of GDP per capita pre-pandemic (2019) US$ million GGR Contribution in South Korea (Local casino KWL vs 45,000 Foreigner-Only casinos) 40,113 3,000 40,000

35,000 31,846 30,000 2,000 1,123 1,212 1,094 1,062 1,430 1,275 25,000 1,204 49% 51% 885 991 1,101 20,000 1,000 15,000 11,500 1,373 1,432 1,340 10,000 1,103 1,043 1,064 1,126 1,251 1,232 1,304 5,000 Kangwon Land 0 0 Other 16 Casinos Korea Japan Other East Asian Countries 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Kangwon Land Other 16 Casinos An average Japanese / Korean are 250% / 177% more well-off than other East Asians Yet, it is in fact quicker for Koreans to fly to Vladivostok than driving to Kangwon Land. Japanese have no local access to casinos – nearest is Korea / VVO

Arrivals at Tigre de Cristal by Air Arrivals at Kangwon Land by Land *30 flights weekly (Kangwon Land is the only locals-permitted Japan does not have Japan Pachinko market size casino in Korea) any land-based casino yet US$182 billion* Incheon Vladivostok 2.5 Hrs Seoul Kangwon Land 4 Hrs VS

Busan Vladivostok 2 Hrs Busan Kangwon Land 6 Hrs

*2020 figure, according to paper published by a of pachinko manufacturer More marketing campaigns about TdC to Koreans and Japanese could be done

28 Strategically Located, Strong Tourism Growth & Low Tax

RUSSIA 3 hr flight Monthly Levy

2 hr flight

~USD1,700/ table / month ~USD100/ slot / month RUB125,000 / table / month RUB7,500 / slot / month

1 hr flight 45% 39%39% 40% 35%35% 35% 3 hr flight Vladivostok 30%

JAPAN 25% 25% 2 hr flight SOUTH 22% CHINA KOREA Busan 20%20% 20% 15% 15% 12% 1 hr flight 10% Miyako Islands 5% MYANMAR Hong Kong 1.5% 1.5% Van Don Macau 0% Russia South Korea Singapore Philippines Malaysia Macau

Hoi An Manila VIP Mass VIETNAM (as a % of 2019 GGR) PHILLIPINES 29 Tigre de Cristal Future Phases Masterplan

PHASE 1 PHASE 3 PHASE 2 (Existing) PHASE 4

30 WESTSIDE CITY PROJECT Manila, Philippines Westside City Project is Located in the Heart of Entertainment City

500 tables 993 rooms OKADA 3,000 slots

Suncity (1383.HK) SUNCITY – WESTIDE CITY PROJECT

THEME OKADA MANILA PARK 51% 300 tables 2,400 rooms SunTrust (PSE: SUN) >1,300 slots Suncity Entertainment Complex Westside City Resorts World Hotel CITY OF DREAMS MANILA WCRW Develops & Operates

Main Hotel Casino at Westside City Project SOLAIRE AYALA 449 tables GRAND WESTSIDE HOTEL CITY OF 800 rooms 1,883 slots DREAMS

298 tables 951 rooms 2,256 slots AYALA MALL SOLAIRE

32 Westside City Project Development Summary

Development Westside City Project, Manila, Philippines

Location Heart of Manila’s Entertainment City, 8 minutes to Ninoy Aquino International Airport

Land area Total gross floor area of over 200,000 sqm on a piece of land of approx. 44,000 sqm

Components Main Hotel Casino (to be built by SunTrust) Westside (to be built by Westside City Resorts World Inc.) Ready in 2023. Main Hotel Casino owned under SunTrust • Shopping Mall 1 massive mall • Gaming tables Approximately 300 tables • Hotel rooms More than 2,000 rooms • Electronic gaming machines More than 1,300 machines • Grand Opera House 1 Grand + 3 mini Theatres • 5-star Hotel rooms More than 450 rooms • Westside Avenue Restaurant & theatre district • Car Park spaces Approximately 1,000 spaces • Car Park spaces 2,300 spaces • Pool club & Night club • Signature restaurants & Broadway street

Highlights • Philippines is the best gaming market in Asia outside of Macau • Complementary relationship: Suncity brings gaming experience. Westside’s parent company, Megaworld Corporation, is a well-established real estate developer in the Philippines, with local expertise in building successful local shopping malls

33

Westside City Project – Design Preview

35 Hoiana Hoi An, Vietnam Operates Vietnam’s premium Integrated Resort

Hoiana The Master Plan

37 Hoiana is well-positioned for International Tourism

• Pre-COVID, international arrivals increased 16% YoY in 2019 to 18 million visitors • Hoiana is excellently located near UNESCO World Heritage sites and world-class beaches • A lot of nearby tourist attractions within a one- hour travel radius

38 Hoiana Development Summary

Development Suncity is a primary developer of Hoiana, Vietnam’s largest casino and integrated resort

Quang Nam Province, Central Coast Vietnam Location (30km/30 minutes from Da Nang International Airport and 7km/15 minutes from Hoi An Ancient Town)

Land area Approx. 986 ha (10 km2) with 4 km pristine beach frontage

Phase 1: Phase 2: 165 hectares • Multiple beachfront resorts Exclusive Preview held on 28 June 2020 • Lake side resorts Hoiana Casino to be managed by Suncity Group • Lagoon hotels • Walking street Components • Gaming tables 140 tables • Duty Free • Electronic gaming machines 330 machines (max 2,000) • Beach club • Hotel rooms 1,000+ rooms • Diamond lagoon • Hoiana Shores Golf Club 18 holes • Entertainment and Vietnamese Cultural Villages

Our land development • Suncity is a primary developer, and would introduce other developers to develop Phase 2 and onwards together strategy • Suncity focuses on the value generated from the casino

39 Hoiana Phase 1

40 Hoiana Shores Golf Course

41 F&B Offerings in Hoiana

42 Hoiana – Public Areas

43 Hoiana Hotel & Suites

44 New World Hoiana Hotel

45 Japan

Miyako Islands, Okinawa & Niseko, Hokkaido Miyako Islands, Okinawa

Development Miyako Islands Hotel Development

Location • 25 minutes from Miyako (new airport), 19 minutes to Miyako Airport (old airport) • Near Sunayama beach

Site area Approx. 109,000 sqm

Plans Convert land use to resort hotel development • Build 40 villas • Build more than 100 hotel rooms

Highlights • An addition to Suncity’s travel products to enhance our customer stickiness • Scenic area in Miyako Islands • Pre-COVID, up to 24 direct flights per from Miyako Airport and up to 17 direct flights per day from Miyako Shimojishima Airport to , Osaka and Hong Kong

47 Niseko, Hokkaido

Development Niseko Hotel Development

Location • International direct flights to the closest airport, , from Seoul (Incheon), Busan, Dalian, Shanghai, Beijing, Hong Kong, Yuzhno-Sakhalinsk, Guam, Taipei • An quiet area but with easy access to Kutchan

Site area Approx. 220,200 sqm

Plans • Build 50 villas • Build 20 townhouses • Build over 40 hotel rooms

Highlights • Situated at the most famous ski town in Hokkaido, renowned for the quality of powder snow, becoming the most popular vacation destination in Asia • Hokkaido Shinkansen (to be upon completion in 2030) and Expressway shorten the travel time to visit Niseko

48 IR MANAGEMENT CONTRACT

49 Multiple Integrated Resort Management Contracts

Asset-light Expansion strategy offers synergies with our database

Call option to No CapEx acquire 25% required Hoiana, Hoi An, Vietnam Van Don, Vietnam

50 OTHER SEGMENTS

51 Management and Operation of Shopping Malls

Dongyang Xinguang Pacific

Shopping Mall in Zhejiang, China Phase 1 Shopping Mall of Xinguang Tiandi Name Phase 2 Living Mall of Xinguang Tiandi

Location Zhejiang Province

Description Phase 1 & 2, 620 units with a total floor area of over 65,000 m2

Status Leased out, occupancy rates of Phase 1 & 2 as at 30 June 2021 were approximately 88% and 79%, respectively

52 4 GROWTH OPPORTUNITY

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

GROWTH OPPORTUNITY Flexibility is at the HEART of Suncity’s core strategy

At Suncity, we are flexible We fit into any environment And if opportunity requires, we with good opportunities can even transform

54 Synergies among our Different IR Locations

If the customer wants this experience:

Suncity could take them to:

At the same time, Suncity could have access to local resources

55 Suncity is Interested in all Asian Gaming Jurisdictions

Macau Vietnam South Korea Malaysia

RUSSIA

2020 GGR: hard hit by COVID 2020 GGR:US$1B 2020 GGR: US$0.96B 2020 GGR: US$7.5B Pre-pandemic 2019 Pre-pandemic 2019 Pre-pandemic 2019 Pre-pandemic 2019 GGR:US$0.3B GGR:US$2.29B GGR:US$2.95B GGR: US$36.6B Cambodia Philippines Japan Vladivostok

JAPAN Est. GGR SOUTH 2020 GGR:US$2B US$15B CHINA KOREA Busan 2020 GGR: US$0.87B Pre-pandemic 2019 Pre-pandemic 2019 GGR: US$1.7B GGR: US$4.3B

Miyako Russia Far East Singapore Islands MYANMAR Hong Kong Macau

Hoi An Manila 2020 GGR: US$0.03 2020 GGR: US$0.7B VIETNAM Sihanoukville CAMBODIA Pre-pandemic 2019 Pre-pandemic 2019 PHILLIPINES GGR: US$0.1B GGR:US$4.6B Source: DICJ; Vietnam Decree 108/2015/ND-CP for tax calculation basis; broker reports; Cambodia figure only includes public data. From MOF by 8 licensed casinos only 56 Interested in all Asian Gaming Jurisdictions so that Synergies among different IR locations could be created

Country Macau Vietnam Philippines Singapore Malaysia South Korea Russia Far East Cambodia Significantly 2020 GGR (US$mn) 7,538 1,987 747 965 1,307 33 870 affected by COVID (during pandemic) 2019 GGR (US$mn) (pre-pandemic) 36,637 380(Est.) 4,302 4,568 2,953 2,285 103 1,719

Provisional pilot Only allow in Locals gaming Yes, with an entry Yes licenses for locals Yes Yes Kangwon Land; Yes No allowed levy can be applied Others No Primarily mainland For Hoiana, primarily Primarily Locals and Locals for Kangwon Naga: businessmen; Chinese; businessmen Slots & Mass: Locals; Target Customers tourists from South some tourists; Local Tourists Locals Land; Tourists for all Sihanoukville: tourists and affluent middle VIP: Tourists East Asia businessmen others & businessmen class

39% 39% 35% 35% 35% * Tax Rate 25% 22% 20% 20% 14% 15% 12% 7% 4% 1.5% 1.5%

Source: Estimates from Broker investment research; Relevant decrease specifying gaming taxes; Public data; * Vietnam’s official tax rate is 35%, but commission deductible 57 Leverage on Suncity’s Exceptional Marketing Programmes

Shopping Entertainment

Global Travel

Dining 58 Leverage on Suncity’s Group-wide Customer Access

Members spent HK$1.7bn in Suncity Group has over 190,000 members shopping & entertainment in 2019 pre-pandemic

Data Information Insight

59 Lower Risks – Not reliant on One Client source; Koreans the Biggest Foreign Group of Customers

RUSSIA 3 hr flight Suncity has 190,000 actively serviced members worldwide

2 hr flight Koreans >10k

South East Asians (Malaysians, 1 hr flight Singaporeans, Filipinos, Thais) >8k

Taiwanese >5k 3 hr flight

JAPAN 2 hr flight SOUTH Japanese CHINA KOREA Busan ~thousands

Other 1 hr flight Nationalities Miyako Islands MYANMAR Hong Kong Van Don Macau Koreans, South East Asians and Japanese Gaming Patrons

Hoi An accounts for the largest group of foreign Suncity Members Manila VIETNAM

PHILLIPINES 60 The Network Effect that Synergises the Business

Database from Experienced Global integrated Huge Value to be SunTravel Management resort locations unlocked Team

61 Strong Support from Main Shareholder

Strong support from main shareholder

• Biggest supporter of Suncity Group Holdings Limited (1383.HK) Mr Chau Cheok Wa (Alvin) • Through his company with his investment partner, Mr Chau Chairman & Executive has an effective control of 75% of Suncity Group Holdings Director of 1383.HK; Limited Founder of Suncity Group

62 Highly Experienced Management and Execution Teams

Mr Chau Cheok Wa Mr Lo Kai Bong Mr Au Chung On Mr Manuel Assis Da Mr. David Chua (Alvin), Chairman & (Andrew), Executive (John), Executive Silva, Executive Director Executive Director Director Director Executive Director and CEO, Summit Ascent

• Executive Director and • Became the Chairman • Experienced in the • Previous head of the Chief Investment of the Company since gaming industry Gaming Inspection Officer of Suncity Nov 2011 • Previously he was the and Coordination Group & in charge of Ms. Gillian Murphy • Significant Experience Senior Director of Bureau (“DICJ”) from overseas development, in gaming and in Business 2003 – 2016, for more corporate integrated resorts Development, than 43 years during Senior Vice President, Non management and • Currently, he is also Director of Operations which he was Gaming, Hoiana M&As the Chairman of at one of the major responsible for • Currently he is also the Summit Ascent gaming overseeing the casino Executive Director and (102.HK) concessionaires in operation in Macau Deputy Chairman of • Previously he was the Macau • An expert on casino Summit Ascent Mr. Michael French executive director and • Was a member of game rules, internal (102.HK) Chairman of Sun gaming related controls, junket • Previously he was the International Group committee formed by control and VIP Senior Vice President, executive director of Limited (8029.HK) the six concessionaires gaming operations Gaming Sun International to provide advice to Group Limited the regulatory bodies (8029.HK) of the Macau government Mr. Stylianos Tsifetakis

COO, Tigre de Cristal

63 5 KEY DIFFERENTIATORS

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

KEY DIFFERENTIATORS Summary - Why Suncity Group Holdings Limited (1383.HK)?

Started in Macau, Transforming into a Low Valuation Compared to Flexible IR Expansion Worldwide Vision Global Operator other Gaming Operators Strategy

Suncity started in Macau Tigre de Cristal, Hoiana and Relatively low valuation Management Contracts offers a A vision to expand as an Westside City Project will be the compared to other global flexible global IR expansion integrated resort developer and main driver of the Group gaming operators strategy. Highly flexible and operator worldwide adaptable in expansion

High Flexibility and Leverage on Suncity Network Effect on Experienced Adaptability customers’ database Multiple IR locations Management

If an investment opportunity is good; we Suncity’s customer database is If customers want to ski, Suncity Senior management have extensive co-invest; valuable as we know what brings them to Vladivostok; If gaming industry experience If there is a perceive higher risk, we services and which location each customers want to go to the beach, have the power to manage the project customer likes most Suncity brings them to Vietnam

65 6 ESG

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

ESG COVID-19 Prevention Measures in Suncity’s Integrated Resorts

Tigre de Cristal staff started to receive Russia’s self-developed Sputnik V Applied social distancing in public Established Covid-19 COVID-19 vaccine areas; Employees wear face masks in Task Force and published weekly premises internal communications

67 Tigre de Cristal and Hoiana Fully Support the Local Community

Tigre de Cristal and Hoiana actively supported the local community in fighting against the Covid-19 pandemic and promoting environmental protection

Hoiana donated one COVID-19 testing Tigre de Cristal staff and their families cleaned Tigre de Cristal staff helped clean and improve machine to Quang Nam province in support of up rubbish in the volume of 12 cubic metres at school territory for students the fight against the pandemic the beach for recycling

68 Hoiana integrated resort donates testing machine to Corporate Social 7 APPENDIX

CONTENTS 1 GROUP 2021 INTERIM RESULTS 2 COMPANY OVERVIEW 3 INVESTMENT HIGHLIGHTS 4 GROWTH OPPORTUNITY 5 KEY DIFFERENTIATORS 6 ESG 7 APPENDIX

APPENDIX Project Cost of selected Integrated Resorts in different markets

Project Cost of selected Integrated Resorts in different markets (US$ Million) $0 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 $7,000

Hoiana Phase 1 (2020), Vietnam $1,000 Westside City Project (2023) $1,000 Tigre de Cristal Phase 1 (2015), Russia $195 Tigre de Cristal Phase 2 (2023), Russia $200 Galaxy Macau Phase 3 & 4 (soon), Macau $6,200 Grand Lisboa Palace (2021), Macau $5,000 Sands Cotai Central (2012), Macau $4,480 Wynn Palace (2016), Macau $4,400 MGM Cotai (2018), Macau $3,432 COD Macau (2009), Macau $3,032 The Parisian (2016), Macau $2,849 Venetian (2007), Macau $2,549 Galaxy Macau Phase 2 (2015), Macau $2,500 Galaxy Macau Phase 1 (2011), Macau $2,100 Londoner (2021), Macau $1,900 Marina Bay Sands (2010), Singapore $5,585 Resorts World Sentosa (2010), Singapore $3,226 The Grand Ho Tram Resort (2013), Vietnam $600 Corona Phu Quoc Vietnam (2019), Vietnam $2,100 Naga3 (2025), Cambodia $3,515 Naga2 (2017), Cambodia $700 NagaWorld (2005), Cambodia $227 Okada Manila (2017), Philippines $2,700 Solaire (2013), Philippines $1,200 Resort World Manila (2009), Philippines $1,000 COD Manila (2014), Philippines $850 Resorts World Genting (1971), Malaysia $1,339 Naga Vladivostok (soon), Russia $300 Shambala Phase 1 (2020), Russia $110

70 Disclaimer

• The contents of this document have not been reviewed by any regulatory authority in Hong Kong. You are advised to exercise caution in relation to this document. If you are in any doubt about any of the contents of this document, you should obtain independent professional advice. • This document appears for information purpose only and does not constitute an invitation or offer to acquire, purchase or subscribe for the securities of the Company. • The information of this document is intended to be accessed by Professional Investors only (or such similar persons as the term is defined under the laws of other relevant jurisdictions). For this purpose, “Professional Investor” is defined under the Securities and Futures Ordinance (Chapter 571 of the laws of Hong Kong), as may be amended from time to time. • Certain information set forth in this presentation contains “forward-looking information”, including “future-oriented financial information” and “financial outlook”, under applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company’s business, projects, and joint ventures; (iv) execution of the Company’s vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company’s projects; (vi) completion of the Company’s projects that are currently underway, in development or otherwise under consideration; (vi) renewal of the Company’s current customer, supplier and other material agreements; and (vii) future liquidity, working capital, and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. • These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. • Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. Thanks Suncity Group Holdings Limited 1383.HK

Investor Contact: Winnie Lei, Senior Director Investor Relations [email protected]