2H & Annual 2020 Results FY 2020 Profit attributable 2H Adjusted EBITDA FY 2020 Group Bank Balances & Cash to owners of the Company Turned Positive to Total Revenue

HK$ 10.0million HK$ 7.4 million HK$ 211.2 million HK$ 1,562.3 million

Gearing Ratio1 FY 2020 Tigre de Cristal Recovery in 2H vs Basic Earnings Per share GGR Pre-pandemic2 Mass Table Drop recovered to 81% 0.39 HK cents per share 0 % HK$ 249.7 million Electronic Gaming Volume recovered to 90% •

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Near to Medium Term Growth

Tigre de Cristal, , Russia Westside City Resorts, Manila, the Philippines 1. Phase 1 Upgrade Ready – New Restaurants, Renovations, Design 2. Focus on Korean / Japanese markets 3. New Direct VIP Segment – High Margin Business 4. New Premium Mass Segment – High margin Business

Macau Junket VIP gross margin is low Russia Direct VIP gross margin is high

GGR: $100 GGR: $100

Less: 40% gaming tax Less: 1.5%as gaming tax

Less: 42.5% junket commission Less: ~40-45 % customer rebate

17.5% Gross margin ~60% Gross margin 70% 1. THREE times the existing size in Tigre de Cristal 2. May Own SunTrust through exercising Convertible Bonds

Phase 1: Phase 1 + Phase 2: • 5 star hotel 121 rooms • Luxury hotel rooms Approx. 470 rooms OKADA • Electronic gaming 333 slots • Electronic gaming machines Approx.630 slots machines • Gaming tables Approx.140 tables • VIP tables 30 tables SUNCITY – WESTIDE CITY • Luxury duty free shopping • Mass tables 35 tables PROJECT • Oriental, Korean, Japanese, Western Restaurants THEME OKADA MANILA • Restaurant & Bars 3 • Beach club PARK • Spa 1 • Conference, performance, auditorium and banquet • Fitness Center 1 facilities Suncity Westside City Resorts World Entertainment Hotel CITY OF DREAMS MANILA WCRW Complex

SOLAIRE

CITY OF AYALA GRAND WESTSIDE HOTEL DREAMS

AYALA MALL SOLAIRE Reasons for Fast Growth

Tigre de Cristal, Vladivostok, Russia Westside City Resorts, Manila, the Philippines *

Source: Estimates from Goldman Sachs investment research; Government regulations; public data; * Vietnam’s official tax rate is 35%, but commission deductible Summit Ascent 102.HK Summit Ascent Summit Ascent RUSSIA

JAPAN SOUTH CHINA KOREA Busan

Miyako Islands MYANMAR Hong Kong Van Don Macau Koreans, South East Asians and Japanese Gaming Patrons

Hoi An accounts for the largest group of non-Chinese Suncity Members Manila VIETNAM

PHILLIPINES Low tax rate in Russia margin is higher than peers located elsewhere in Asia Monthly Cost of a dealer comparison

Monthly Levy Business Environment Tigre de Cristal, Vladivostok, Russia Development Largest integrated resort in the Russian Federation

Vladivostok, Integrated Entertainment Zone (IEZ) in the 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 slots • Luxury hotel rooms Approx. 470 rooms • VIP tables 30 tables • Electronic gaming machines Approx. 630 slots Components • Mass tables 35 tables • Gaming tables Approx. 140 tables • Restaurant & Bars 4 • Luxury duty free shopping • Spa 1 • Oriental, Korean, Japanese, Western Restaurants • Fitness Center 1 • Beach club • Conference, performance, auditorium and banquet facilities Ideally located in Northeast Asia with exposure to an underserved target market of 600 million within 3 hours flying time ▪

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3 Awards Institution TIGRE DE CRISTAL, RUSSIA Corporate Travel Awards 2020 (Hotel Resort of the Year) CEO Today Magazine

Winner of the XVI Business Prize of (Company of the Year 2019)

Top 5 nominees of “Russia’s Leading Resort 2019” World Travel Awards • • • • 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.

• Investor Contact:

Investor Relations [email protected]