Construction Works Resume at City of Dreams Mediterranean Melco Implements Strict Measures to Ensure Maximum Protection for Workers
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Press Release [For Immediate Publication] 6 May 2020 Construction works resume at City of Dreams Mediterranean Melco implements strict measures to ensure maximum protection for workers Melco announces that construction works at City of Dreams Mediterranean will resume on Wednesday, 6 May 2020, setting course to deliver Cyprus’ first and only licensed Integrated Casino Resort (ICR), and the largest in Europe and the region. The decision to recommence construction works was made after the Council of Ministers lifted the restrictions in the construction sector, which were imposed to mitigate the spread of COVID-19. Prioritising the health and safety of its employees, Melco continues to adhere to all guidelines for the protection of workers on construction sites issued by the Ministry of Labour, Welfare and Social Insurance and the Department of Labour Inspection, as well as the Ministry of Health’s Medical and Public Health Services. In addition, Melco, a world leader in the leisure and entertainment sector, will implement a series of its own stringent measures, transferring its knowledge and expertise to Cyprus to further ensure the safety of workers at the ICR’s construction site. Specifically, all workers are required to submit an internal health declaration and have temperatures checked at the construction site entrance. Furthermore, hand sanitizers and disinfectant alcohol are readily available at the site’s gates and office. Masks will be distributed to all workers daily while offices and shared spaces will be cleaned regularly throughout the day. Furthermore, Melco is educating workers on pandemic prevention measures and posters will be set up in prominent locations. Will Cornish, Vice President of Construction at Melco, said: “The outbreak of the COVID- 19 pandemic may have affected our original timeline, but Melco prioritises the safety of our colleagues and project quality. We remain committed to the Cyprus project; with our aim to deliver a premium entertainment experience, to offer the highest standards of service whilst ensuring a safe environment for all guests. We are aware that our role in the growth of the tourism industry and more broadly in Cyprus’ economy is of vital importance, especially during these challenging times. We will work tirelessly to ensure that, following this crisis, the country will emerge as a point of reference for luxury tourism, creating a positive impact for society.” ### 1 About Melco Resorts & Entertainment The Company, with its American depositary shares listed on the NASDAQ Global Select Market (NASDAQ: MLCO), is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia and Europe. The Company currently operates Altira Macau (www.altiramacau.com), a casino hotel located at Taipa, Macau and City of Dreams (www.cityofdreamsmacau.com), an integrated urban casino resort located in Cotai, Macau. Its business also includes the Mocha Clubs (www.mochaclubs.com), which comprise the largest non- casino based operations of electronic gaming machines in Macau. The Company also majority owns and operates Studio City (www.studiocity-macau.com), a cinematically-themed integrated entertainment, retail and gaming resort in Cotai, Macau. In the Philippines, a Philippine subsidiary of the Company currently operates and manages City of Dreams Manila (www.cityofdreamsmanila.com), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. In Europe, the Company is currently developing City of Dreams Mediterranean (www.cityofdreamsmed.com.cy) in the Republic of Cyprus, which expected to be the largest and premier integrated destination resort in Europe. The Company is currently operating a temporary casino, the first casino in the Republic of Cyprus, and four satellite casinos (“Cyprus Casinos”). Upon the opening of City of Dreams Mediterranean, the Company will also continue to operate the four satellite casinos while operation of the temporary casino will cease. For more information about the Company, please visit www.melco-resorts.com. The Company is strongly supported by its single largest shareholder, Melco International Development Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited and is substantially owned and led by Mr. Lawrence Ho, who is the Chairman, Executive Director and Chief Executive Officer of the Company. About The Cyprus Phassouri (Zakaki) Limited The Cyprus Phassouri (Zakaki) Limited is a member of the CNS Group which, amongst others, conducts different businesses including real estate, telecommunications, dairy, large scale farming and export and mining in Cyprus. For more information about the CNS Group, please visit www.cns.com.cy. Media inquiries: Chimmy Leung Antonis Adamou Executive Director, Corporate Communications Communication Consultant Melco Resorts & Entertainment GNORA Communication Consultants Email: [email protected] Email: [email protected] 2 .