Skycity Entertainment Group Limited · NZX:SKC
Skycity Entertainment — Macquarie Virtual Investor Conference 2021
26 slides from Skycity Entertainment's conference presentation, May 6, 2021
Slide 1: Cover letter: Macquarie Investment Conference Presentation
6 May 2021 Client Market Services NZX Limited Level 1, NZX Centre Tl Cable Street WELLINGTON Copy to: ASX Market Announcements Australian Stock Exchange Exchange Centre Level 6 20 Bridge Street Sydney NSW 2000 AUSTRALIA RE: SKYCITY ENTERTAINMENT GROUP LIMITED (SKC) MACQUARIE INVESTMENT CONFERENCE PR
Slide 2: Macquarie Virtual Investor Conference Investor Presentation
SkyCity Entertainment Group Limited Macquarie Virtual Investor Conference Investor Presentation 6 May 2021 e e e e e e ° e e e e . e eee e ee. e ° ° e e e ® @ @ e e e e e fe e@ &® © Ge ec ® Presented by: Michael Ahearne and Ben Kay ee, @ e.e eeee e ° e ee eee ee ®@ e° sli ° ea ®& S AVciry ° e
Slide 3: Introduction
Introduction Domestic businesses continue to trade well when open Online casino trading consistently - significant omnichannel opportunity in NZ (subject to regulation) Strategic review of IB completed - committed to business with revised operating model (incl cessation of corporate junkets) ng Mana
Slide 4: SkyCity Overview (1 of 2)
SkyCity Overview (1 of 2) Founded in 1996 - leading gaming, entertainment and hospitality operator in NZ and South Australia Launched online casino in August 2019 - pursuing omnichannel opportunity Significant private sector employer (around 4,200 staff across the business) — diverse workforce in te
Slide 5: SkyCity Overview (2 of 2)
SkyCity Overview (2 of 2) v skyciry Exclusive casino licence in Adelaide to 2035 - full licence term to 2085 Exclusive casino licence in Auckland to 2048) SkVcity nk. skvcity Exclusive casino licence in Hamilton to 20277) o foye Shyerry Exclusive casino licences to 2024 (Wharf) and 2025 (Queenstown)
Slide 6: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 5
Slide 7: Our Vision
Our Vision “To be the leader in gaming, entertainment and hospitality in our communities” sherry
Slide 8: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ 7
Slide 9: Progress Against Strategic Priorities
Progress Against Strategic Priorities Operational excellence at our core >» mee Optimising Adelaide expansion — consistent performance post opening Finalising plans for integration of Walker Corporation car park at Festival Plaza Complete major Projects and optimise Working closely with Fletcher Con
Slide 10: New Management Team
New Management Team Callum Mallett Claire Walker Chief Operating Chief People & Officer - NZ Culture Officer Michelle B: GM Hamilton Jono Browne GM Queenstown Michael Ahearne Chief Executive Officer ey yk David Christian Glen McLatchie Julie Amey Chief Operating Chief Information Chief Financial Off
Slide 11: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ • 10
Slide 12: For personal use only
For personal use only ▪ ▪ ▪ ▪ • • • • • 11
Slide 13: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ • • • 12
Slide 14: For personal use only
For personal use only ▪ ▪ ▪ ▪ • • • 13
Slide 15: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ ▪ 14
Slide 16: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ • • • • • • 15
Slide 17: For personal use only
For personal use only ▪ ▪ ▪ ▪ • • • • • 16
Slide 18: Historical Financial Performance (1 of 2)
Historical Financial Performance (1 of 2) Group EBITDA and operating cashflows: FY15-FY20 ($m) 700 400 Sencoviania Global Financial re-Covid- Crisis | 1 Covi smoking lows in 350 600 NZ ' 300 590 SARS 250 200 300 150 200 ANNA 50 2.5% CAGR \ im | FyIS FYI6 FYI7 FYI8 FvI9 FY20 100 FY00 FYO1 FY02 FYO3 F
Slide 19: Historical Financial Performance (2 of 2)
Historical Financial Performance (2 of 2) 600 on Pre-Covid-I9 Pre-Covid-19 i 1 wo } 1 500 I i . | Covid-19 400 | = 40 120 300 E | rt] 100 L ° 200 i | 80% of 60 pre-Covid-19 average 100 q | “0 20 ° oO 1H?) 2HI7. so 1HI8- 2HI8-1HI9) 219-120. 2H20_—«1H2 1H) 2MN7 IA 2HIR HIM -1H20-2H2O THAI ™ Local gami
Slide 20: For personal use only
For personal use only ▪ ▪ ▪ • • • • • • • • 19 19
Slide 21: For personal use only
▪ ▪ ▪ ▪ For personal use only • • • • • • • 20 20
Slide 22: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ • • 21
Slide 23: For personal use only
For personal use only ▪ ▪ ▪ ▪ ▪ ▪ • • • • • • • 22 22
Slide 24: Key Investment Themes
Key Investment Themes High-quality/defensive earnings - resilient performance despite Covid-19 disruptions and international border closures Major projects underpin medium-term earnings growth - opportunity to become omnichannel gaming operator Major capital investment programme concluding - strong
Slide 25: Disclaimer
Disclaimer All information included in this presentation is provided as at 6 May 2021 This presentation includes a number of forward-looking statements. Forward-looking statements, by their nature, involve inherent risks and uncertainties. Many of those risks and uncertainties are matters which are
Slide 26: For personal use only
For personal use only e eee e Pe ee ere? oe % eee? e? e sherry
SkyCity Entertainment Group — Macquarie Virtual Investor Conference 2021 on 6ix