FOR IMMEDIATE RELEASE

Melco lights up Studio City winter wonderland at Christmas Bazaar Supporting local businesses through month-long SME-focused marketplace featuring retail, food and beverage, performances and giveaways

Macau, Sunday, December 1, 2019 – Melco Resorts & Entertainment officially opened its doors to the Studio City Christmas Bazaar today. From December 1 to 31, Melco has invited over 40 local Small & Medium Enterprises (SMEs) to showcase products and services at the festively decorated outdoor marketplace located at Studio City’s French Garden as part of its commitment towards the development and advancement of local SMEs for the sustainable future of .

Ms. Akiko Takahashi, Executive Vice President and Chief of Staff to Chairman and CEO, said, “We continue to be committed to developing successful partnerships with local suppliers and SMEs for the sustainable development of Macau. Today, we are excited to combine our efforts towards this objective with Melco’s celebrated beyond-gaming offerings through the Studio City Christmas Bazaar to bring festive entertainment to our guests, visitors and the local community. It is hoped the Bazaar will not only enhance market exposure and sales for participating local merchants, but also enable Melco to build and strengthen relationships with Macau’s SMEs, to help each other identify products and services that can be offered to our guests and the wider industry.”

Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office, said, “In our aims to contribute to the city’s transformation into a world center of tourism and leisure, and with the expected increase in Macau’s visitor numbers for the month of December, we are pleased to witness Melco continue to present such meaningful and exciting non-gaming offerings as the Christmas Bazaar at Studio City to attract both local residents and overseas visitors.”

Mr. U Kin Cho, Member of the Board of Directors, Macao Chamber of Commerce, said, “It is hugely encouraging for us to see integrated resort operators such as Melco enthusiastically provide innovative and effective platforms of support to local SMEs, so that we may collaboratively strive to achieve social stability and economic prosperity in the Macao SAR.”

Officiating guests including Ms. Maria Helena de Senna Fernandes, Director of Macao Government Tourism Office; Ms. Zhu Hong, Deputy Director General of Economic Affairs Department of the Liaison Office of the Central People’s Government in the Macao SAR; Mr. Yau Yun Wa, DSE Head of Economic Activities Development Department; Mr. Choi Tat Meng and Mr. U Kin Cho, Members of the Board of Directors, Macao Chamber of Commerce; Mr. Lei Si Tai, Vice-Chairman of the Board of Directors, Industrial Association of Macau; Mr. Yip Sio Man,

MELCO RESORTS & ENTERTAINMENT LIMITED Incorporated in the Cayman Islands with limited liability 新濠博亞娛樂有限公司 於開曼群島註冊成立的有限公司

Chairman, Macau Union Suppliers Association; Mr. Lei Kit Heng, Director-General, Macau Union Suppliers Association; and Mr. Sou Chon Heng, Chief Supervisor, Macau Union Suppliers Association were welcomed to the opening ceremony at Studio City by Melco executives including Ms. Akiko Takahashi, Executive Vice President and Chief of Staff to Chairman and CEO; Dr. Kent Wong, Chief Advisor; Mr. Geoff Andres, Property President of Studio City; Ms. Maggie Ma, Chief Government Affairs Officer; and Mr. Donald Tateishi, Senior Vice President, Finance.

Open to the public daily between 5pm to 10pm, the bazaar represents of a wide range of local businesses offering food & beverage, handicrafts, toys, decorations and furnishings, and other gift categories, and targets visitors, tourists, and gift shoppers during the festive month. Also offered is a range of family-friendly activities such as face painting, handicraft workshops, performances and giveaways.

As part of its dedicated efforts towards supporting local SME development, Melco has initiated a number of campaigns including the Studio City Christmas Bazaar, Pop-up Stores, and the ‘Knowing You, Knowing Us’ initiative to serve as a communications platform between SMEs and Melco; to help SMEs get to know Melco as a company, its management team and employees, as well as the Company’s operational requirements and standards, and for Melco to get to know Macau’s local suppliers, their businesses, services and offerings.

Photo captions:

Melco executives and guests of honor officiate the Studio City Christmas Bazaar opening.

MELCO RESORTS & ENTERTAINMENT LIMITED Incorporated in the Cayman Islands with limited liability 新濠博亞娛樂有限公司 於開曼群島註冊成立的有限公司

Ms. Akiko Takahashi, Executive Vice President Mr. Geoff Andres, Property President of Studio and Chief of Staff to Chairman and CEO of City delivers a welcome speech. Melco addresses the audience.

Studio City Christmas Bazaar image highlights:

MELCO RESORTS & ENTERTAINMENT LIMITED Incorporated in the Cayman Islands with limited liability 新濠博亞娛樂有限公司 於開曼群島註冊成立的有限公司

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About Melco Resorts & Entertainment Limited

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 (www.altiramacau.com), a casino hotel located at Taipa, Macau and (www.cityofdreamsmacau.com), an integrated urban casino resort located in , 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 is scheduled to open in 2021 and 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 three satellite casinos with a fourth satellite casino scheduled to open in the coming months (“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. The Company also holds equity interests in Limited (“Crown”), a company listed on the Australian Securities Exchange and which operates two of Australia’s leading integrated resorts, Entertainment Complex and Entertainment Complex. In the United Kingdom, Crown operates Crown Aspinalls, a high-end licensed casino in London. Crown’s development projects include the Hotel Resort at Barangaroo on Sydney Harbour. Crown also holds equity interests in the Aspers Group and Nobu and has interests in various digital businesses. 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 Limited and is substantially owned and led by Mr. , who is the Chairman, Executive Director and Chief Executive Officer of the Company.

For media enquiries, please contact: Chimmy Leung Executive Director, Corporate Communications Tel: +852 3151 3765

Email: [email protected]

MELCO RESORTS & ENTERTAINMENT LIMITED Incorporated in the Cayman Islands with limited liability 新濠博亞娛樂有限公司 於開曼群島註冊成立的有限公司