Skycity Entertainment Group Limited · NZX:SKC
Skycity Entertainment — Shareholder Meeting (October 2026)
41 slides from Skycity Entertainment's shareholder meeting presentation, Oct 21, 2026
Slide 1: Market Release: 2026 Annual Meeting of Shareholders
MARKET RELEASE SkyCity Entertainment Group Limited (SKC.NZX/SKC.A S X) 21 October 202 6 For personal use only 202 6 Annual Meeting of Shareholders Pursuant to NZX Listing Rule 3.19.2, p lease find attached cop ies of the following prepared presentations to be delivered at the company’s 202 6 Annual
Slide 2: Dividend resumption and contacts
As noted in the Chair’s address, once SkyCity achieves its capital management and operating objectives, the Board aims to resume paying dividends. This sh ould be in the FY28 financial year. For personal use only Ends For more information, please contact: Investors and Analysts Media Craig Brown Ste
Slide 3: Annual Meeting 21 October 2026
For personal use only Annual Meeting 21 OCTOBER 2026 THE ULTIMATE EXPERIENCE IN ENTERTAINMENT
Slide 4: Opening Karakia
For personal use only Opening Karakia SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 5: Chair Julian Cook
For personal use only CHAIR JULIAN COOK SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 6: Welcome to the 2026 Annual Meeting
Welcome to the 2026 Annual Meeting For personal use only • Meeting duly convened with a quorum present • The Annual Meeting is a hybrid meeting, so shareholders and bondholders can participate either online or in person • Shareholders participating online can view the presentations, ask questions an
Slide 7: Online Instructions – Questions/Assistance
Online Instructions For personal use only – Questions/Assistance • If you have a question to submit during the meeting ONLINE INSTRUCTIONS • Select the ‘Q&A’ tab on your screen at any time • Type your question into the field and press send • Your question will be immediately submitted 1 Select the Q
Slide 8: Voting online and in person
Voting online and in person For personal use only • You can vote online on the resolutions once voting opens ONLINE INSTRUCTIONS • To vote, click on the ‘Vote’ tab, and select your voting direction from the options shown • Vote for all resolutions at once or by each resolution 1 Select voting direct
Slide 9: SkyCity Board of Directors
SkyCity Board of Directors For personal use only Julian Cook, Chair Donna Cooper, Director David Attenborough, Director Chad Barton, Director Kate Hughes, Director Glenn Davis, Director 7 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 10: Meeting agenda
Meeting agenda For personal use only Chair’s Address Chief Executive Officer’s Address Formal Proceedings Resolutions and questions relating to the resolutions Shareholder Questions Close of meeting Refreshments in the foyer 8 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 11: Chair's Address
For personal use only CHAIR’S ADDRESS JULIAN COOK SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 12: Chair's Address
Chair’s Address For personal use only FY26 performance Strategic Achievements Adelaide Online Casino Actions to Enhance Shareholder Value Board and Governance Evolution Looking Ahead 10 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 13: FY26 Financial Results
FY26 Financial Results For personal use only UNDERLYING 1 UNDERLYING 1 UNDERLYING 1 CASHFLOW FROM OPERATIONS REVENUE EBITDA NPAT $822.7m $181.6m $38.0m $121.7m 169.2% pcp (0.31%) pcp (22.3%) pcp (46.9%) pcp REPORTED REPORTED REPORTED GROUP REVENUE EBITDA NPAT CAPITAL EXPENDITURE $878.9m $120.5m $18.
Slide 14: CEO's Address
CEO’s Address For personal use only FY26 performance Strategic Achievements Adelaide Online Casino Actions to Enhance Shareholder Value Board and Governance Evolution Looking Ahead 12 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 15: Looking Ahead: Key Priorities
Looking Ahead KEY PRIORITIES For personal use only STRENGTHEN OUR CORE OPERATIONS CAPITALISE ON NZICC CONTRIBUTION TO AUCKLAND PRECINCT DELIVER COST OUT PROGRAMME COMPLETE ASSET MONETISATION PROGRAMME SECURE OUR POSITION IN ONLINE CASINO MARKET 13 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 16: CEO's Address Jason Walbridge
For personal use only CEO’S ADDRESS JASON WALBRIDGE SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 17: FY26 Progress
FY26 Progress For personal use only Asset Cost Out Carded Play NZICC monetisation programme 15 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 18: Key upcoming priorities
Key upcoming priorities For personal use only Complete asset monetisation programme Adelaide Cost -out programme Online casino Realise value in Auckland precinct 16 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 19: Trading update and outlook
Trading update and outlook For personal use only 1Q27 trading in line Revenue tracking inline Subdued consumer with outlook with expectations and conditions in New discussed in August cost saving initiatives Zealand and progressing well Australia Re -iterating One -off change costs Capital expenditu
Slide 20: Formal Proceedings
For personal use only FORMAL PROCEEDINGS JULIAN COOK SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 21: Proxies received
Proxies received For personal use only • Three resolutions set out in the Notice of Meeting ONLINE INSTRUCTIONS • 759,822,845 proxy votes received by 10.00 am on Monday 19 October 2026 1 Select voting directions 2 VALID PROXIES % OF ISSUED Press ‘for’, ‘against’ RESOLUTIONS RECEIVED CAPITAL 1 or ‘ab
Slide 22: Proxy results
Proxy results For personal use only RESOLUTION DETAILS PROXY INSTRUCTIONS RESOLUTION FOR 1 AGAINST UNDIRECTED TOTAL Item 1: Re -election of David Attenborough as a 681,420,242 69,609,523 8,793,080 759,822,845 Director Item 2: Re -election of Donna Cooper as a Director 744,102,314 6,813,229 8,749,309
Slide 23: Formal resolutions
Formal resolutions For personal use only RESOLUTION 1: Re -election of David Attenborough RESOLUTION 2: Re -election of Donna Cooper RESOLUTION 3: Remuneration of Auditor 21 SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 24: Re-election of David Attenborough
Resolution 1 For personal use only Re -election of David Attenborough • Appointed to Board in March 2023 • Independent • Chair of the Online Sub Committee • Member of the Audit Committee • Member of the People and Culture Committee • Member of the Governance and Nominations Committee The Board una
Slide 25: Re-election of Donna Cooper
Resolution 2 For personal use only Re -election of Donna Cooper • Appointed to Board in September 2023 • Independent • Chair of the People and Culture Committee • Member of the Risk and Compliance Committee • Member of the Online Sub Committee • Member of the Governance and Nominations Committee T
Slide 26: Remuneration of Auditor
Resolution 3 For personal use only Remuneration of Auditor • Authorise the directors to fix the auditor's remuneration • PricewaterhouseCoopers continues as the auditor of SkyCity The Board unanimously recommends that shareholders vote in favour of Resolution 3 24 SKYCITY | ANNUAL MEETING | 21 O
Slide 27: Shareholder Questions
For personal use only SHAREHOLDER QUESTIONS SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 28: Closing Karakia
For personal use only Closing Karakia SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 29: Thank You
For personal use only THANK YOU SKYCITY | ANNUAL MEETING | 21 OCTOBER 2026
Slide 30: Disclaimer
Disclaimer For personal use only • All information included in this presentation is provided as at 21 October 2026 • This presentation, as well as the Chair’s and Chief Executive Officer’s addresses, include forward -looking statements. Forward -looking statements, by their nature, involve inheren
Slide 31: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = SkyCity Entertainment Group Limited 2026 Annual Shareholders’ Meeting – 21 October 2026 For personal use only Julian Cook | Chair’s Address Welcome and introduction Good morning, everyone. It is a pleasure to welcome you to SkyCity's Annual Shar
Slide 32: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = We delivered a substantial improvement in operating cash flow which, alongside the funds raised from the share issuance, reduced debt from the prior year. The NZICC investment cycle closes this year, with only final retention payments to come. F
Slide 33: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = Gambling Act took effect on 1 May 2026, creating a regulated market estimated at more than one billion dollars a year. For personal use only Actions to enhance shareholder value I would now like to talk to the previously disclosed proposals to a
Slide 34: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = established a new Structured Review sub-committee to guide the organisation through the review process over coming months. We are close to appointing a seventh director and expect to announce the appointment in For personal use only the coming w
Slide 35: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = SkyCity Entertainment Group Limited 2026 Annual Shareholders’ Meeting – 21 October 2026 Jason Walbridge | Chief Executive Officer’s Address For personal use only Introduction Thank you, Julian. Good morning, and thank you for being here in our n
Slide 36: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = the NZICC adding conference and event revenue, bringing more guests into our hotels, restaurants and bars. Non-gaming now makes up 36 per cent of Auckland’s revenue, up from 30 per cent a year ago. Our hotels sold nearly 270,000 room nights acro
Slide 37: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = Where we made progress Turning now to the good progress we made during FY26 in transforming our business. For personal use only Asset monetisation We are close to completing our asset monetisation programme, with last week's announcement of the
Slide 38: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = Organisational changes are difficult for any business and affect people in a real and consequential way. We have sought to build understanding of the need for change, run a transparent and fair process, and offer support to those leaving us. For
Slide 39: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = We continue to invest in the communities we operate in, both financially and in kind. Here in Auckland, SkyCity’s Community Trust made grants during the year totalling 3 point 3 million dollars. For personal use only Looking forward to FY27 Turn
Slide 40: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = Realising the value in our Auckland precinct We are well underway in our efforts to unlock the cross-precinct benefit here in Auckland with the combined openings of the NZICC and CRL. For personal use only With the sale of 99 Albert Street, the
Slide 41: Combined Chair and CEO addresses
Combined Chair and CEO addresses – internal use only = Capital expenditure is likely to be in the middle of the range provided in August of 80 million to 100 million dollars. With the online auction now complete and the rights for two licences set at 30 million dollars for us, we expect our total ca
SkyCity Entertainment Group — Shareholder Meeting (October 2026) on 6ix