About the Consortium - Integrated Casino Resorts Cyprus Limited

“Integrated Casino Resorts Cyprus Limited (“ICRC”), comprising Melco Resorts & Entertainment Limited and The Cyprus Phassouri (Zakaki) Limited, a member of CNS Group, has successfully obtained a 30-year license agreement to develop and operate an integrated resort. The organizational structure of Consortium is shown as below,

Consortium’s Composition:

*The founding Consortium Parties

About Melco

Melco Resorts & Entertainment is a developer, owner and operator of casino gaming and entertainment casino resort facilities in Asia. 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.cityofdreams.com.ph), a casino, hotel, retail and entertainment integrated resort in the Entertainment City complex in Manila. For more information about the Company, please visit www.melco-resorts.com.

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 Group, please visit www.cns.com.cy.

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