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About Wynn Resorts About Wynn Resorts About Wynn Resorts Stephen A. Wynn, the founder of Wynn Resorts, Limited, is the preeminent designer, developer and operator of Integrated Resorts globally. Wynn Resorts owns and operates two Integrated Resorts in Las Vegas, Nevada and three in the Macau Special Administrative Region of the People’s Republic of China (“Macau”). The Wynn development team envisions, designs, and builds boldly conceived Integrated Resorts that set progressively higher standards for quality, guest service and entertainment and that transformed their markets from “gaming-only” locales to diversified global tourist destinations. Wynn Integrated Resorts seamlessly integrate sophisticated architecture, luxurious interior design, and a diverse selection of amenities, including fine-dining restaurants, premium-retail offerings, a full range of 24-hour games, convention facilities, and live-performance venues. The result: unique experiences for guests of the highest quality. Guided by the simple truth that, “Only people can make people happy,” Wynn employees are devoted to delivering the Wynn promise of always exceeding guest expectations. For 40 years, resorts led by the Wynn development team have been the employer of choice in their markets. An Unparalleled Record of Market Transformation As Chairman of the Board, President and Chief Executive Officer of Mirage Resorts, Incorporated, Mr. Wynn opened The Mirage, Las Vegas’ first true Integrated Resort, in 1989. The Mirage, at that time the most expensive casino in the history of Las Vegas, was an instant success, breaking all Las Vegas records for profitability and for the first time generated more non-gaming revenue than gaming revenue for a Las Vegas resort. The Mirage not only established the concept of an Integrated Resort but also broadened the global appeal of Las Vegas, triggering an immediate $12 billion city-wide investment boom that made Las Vegas the number one tourist destination in the world. The Company followed The Mirage with Treasure Island in 1994, Las Vegas’ first themed, family friendly Integrated Resort. In 1998, the iconic Bellagio opened, an elevation of The Mirage concept with its impeccable guest rooms, high-end retail stores, and classic European feel, which also set records for profitability and non-gaming and gaming revenues upon opening. Since the opening of The Mirage and the subsequent design, development, and operation of four additional market-leading properties, Las Vegas has seen at least two-times growth in all key economic metrics after years of stagnation: • Tourist Visitation: 2x increase from 18 million to 40 million visitors • Non-Gaming Revenue: 7x increase to $10 billion • Non-Gaming Revenue: Has grown twice as fast as gaming revenue since 1989 • Average City-Wide Hotel Room Rates: 3x increase in room rates • Meeting Attendance: 3x increase to 5.0 million attendees About Wynn Resorts • Total Las Vegas Strip-Wide Capital Investment: $30 billion • Total Las Vegas Strip-Wide Jobs Created: 31,000 In June 2000, Mirage Resorts, Incorporated was sold for $6.6 billion and the Company purchased the Desert Inn Resort and Casino, which closed in August 2000, to pave the way for the city’s most successful Integrated Resort: Wynn Las Vegas, a 2,716-room Five-Star casino resort that inspired yet another wave of development on the Strip. Concurrently, the Company developed its Asian flagship casino resort in Macau. Wynn Las Vegas (opened 2005) Wynn Macau (2006) Wynn Las Vegas opened on the Las Vegas Strip in April 2005 and Encore, an adjacent expansion, opened on December 22, 2008. Wynn Las Vegas is currently the highest grossing Integrated Resort in the United States, generating $2 billion of gross revenue and $1.1 billion in non-gaming revenue. Wynn Las Vegas generates more non-gaming revenue than any other Integrated Resort in North America. Wynn Las Vegas features two iconic hotel towers with a total of 4,750 hotel rooms, suites and villas; 22 dining experiences with signature chefs and 11 bars; approximately 290,000 square feet of high-end convention space and 192,000 square feet of casino space. The resort includes 110,000 square feet of retail shopping, including stores by Brioni, Cartier, Chanel, Dior, Givenchy, Graff, Hermes, Louis Vuitton, and Prada. Other recreation and leisure facilities include swimming pools, three nightclubs, one day club, and two full-service spas and salons. A luxury retail Strip- front expansion, Wynn Plaza, is currently under construction and is scheduled to debut in the second half of 2018. About Wynn Resorts The exhibit below highlights the amenities and facilities Steve Wynn-led integrated resorts have pioneered with their openings. About Wynn Resorts Overall, Wynn Resorts have stimulated four of the five largest increases in visitation in the history of Las Vegas. These four openings helped drive 12 million incremental visitors, including record numbers of international visitors, to Las Vegas. In fact, Wynn Las Vegas in 2005 triggered the largest annual increase in non-gaming revenues in the history of Las Vegas. In Macau, Wynn Resorts opened Wynn Macau in September 2006 and Encore at Wynn Macau in April 2010. The combined Macau Integrated Resort includes two stunning hotel towers featuring 1,008 rooms, suites and villas; eight dining experiences, and three bars; approximately 31,000 square feet of meeting space and 273,000 square feet of casino space. The resort includes approximately 59,000 square feet of retail shopping, including stores and boutiques by Bvlgari, Cartier, Chanel, Dior, Dunhill, Ferrari, Giorgio Armani, Gucci, Hermes, Hugo Boss, Louis Vuitton, Miu Miu, Piaget, Prada, Rolex, Tiffany, Van Cleef & Arpels, Versace, Vertu, Zegna and others. Upon opening, Wynn Macau was a leader in the Macau market and is widely known as the “Employer of Choice” in Macau. Remarkably, Wynn Macau is the highest rated resort in the world with eight Forbes Travel Guide Five-Star awards. In August of 2016, Wynn Resorts opened Wynn Palace located in Macau's Cotai district. The floral themed Integrated Resort features SkyCabs that traverse an 8-acre Performance Lake and into the resort, 1,706 guest rooms, 106,000 square feet of renowned retailers, an assortment of gourmet dining outlets and approximately 420,000 square feet of gaming space. Wynn Resorts is currently constructing Encore Boston Harbor located in Everett, Massachusetts. Philosophy of Wynn Resorts The Wynn Resorts corporate philosophy is built on the idea that only people make people happy. This philosophy fosters an employee culture uniquely designed to deliver on the promise of providing a five-star hospitality experience for resort guests. Our core values instill a passion in each employee for delivering world-class guest service. By sharing stories of success with each other, Wynn employees are inspired to continuously deliver an impeccable experience and create lasting memories for each guest. Wynn Resorts does this better than any other resort company in the world; it is the foundation of our culture. Wynn Resorts also recognizes that cultural diversity encompasses a broad spectrum of backgrounds and experiences. Being inclusive, welcoming and supportive of all our employees cements Wynn as an industry leader and has earned the company several accolades, including being ranked number one by Las Vegas Review-Journal’s “Best Places to Work” list in 2013. In fact, at Wynn Resorts 40% of all management and above are women. We embrace, build and deliver on Wynn’s core values and promises. The actions of the company and employees define who we are as an organization: a team united to provide the very best in hospitality and service. Employee Belief Care about everyone and everything The difference between good service and exceptional service often comes down to one thing: sincerity. Guests can tell when Wynn employees are doing something for them because it’s their job, and when our employees are doing something for them because they honestly care about the guest’s experience. Wynn employees are genuine with every person that walks through our doors. Show never-ending attention to detail It’s the little things, it really is, that turn a great experience into an amazing one. So, Wynn employees pay attention to everything our guests or coworkers say, keep their eyes open, and find that extra, personal touch that will turn “great” into “extraordinary.” Take responsibility; don’t leave it to others This one is simple. If there is something that can be done to make something better, our employees don’t wait. If it’s something that can be done on his/her own, they do it. If another employee or guest needs help, our employees take the initiative to make it happen. Always strive to be better This is our employees’ motto: “How can I find a way to make what I’m doing now even better?” There’s always room for improvement. If it’s good, our employees make it outstanding. If it’s outstanding, our employees make it spectacular. Based on the core values described above, Wynn employees are held to the highest standard of excellent guest service, cooperation with other employees, professional appearance and speech, maintaining facilities and a clean environment, and more. Global Compliance Wynn Resorts maintains a deep commitment to ethical business practices, in addition to our focus on guest service, in an effort to maintain the highest degree of trust among key stakeholders. We have created a business administration code of ethics that outlines employee standards of conduct and instructions on who to contact should business ethics be called into question. Business Administration Code of Ethics Our Code of Ethics emphasizes anti-discrimination, employee interaction inside and outside the organization, and ethical business and financial practices, including the points below. This code of business conduct and ethics is provided to employees in print, as well as on the company intranet.
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