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SkyCity Entertainment Group Limited (NZX: SKC) Change in Senior Managers and Trading Update

Monday 16th November 2020

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Change in Senior Managers

(a) Graeme Stephens will retire from the position of Chief Executive Officer effective from 30 November 2020;

(b) Michael Ahearne, currently Chief Operating Officer, has been appointed as Chief Executive Officer effective from 16 November 2020;

(c) Rob Hamilton has resigned and will step down from the role of Chief Financial Officer effective from 26 February 2021; and

(d) Liza McNally has resigned and will step down from the role of Chief Marketing Officer effective from 31 March 2021.

To provide for an orderly transition, Mr Stephens will act in a support role for Mr Ahearne from today until his retirement date.

The SkyCity Board is currently working with Mr Ahearne to establish the ongoing executive structure and will advise the market as any appointments are made.

SkyCity will host a teleconference call for equity analysts, institutional investors and fund managers at 12pm noon NZ time (10am Australian Eastern time) today, where the SkyCity Chair, Mr Ahearne and Mr Hamilton will speak to Mr Ahearne’s appointment as Chief Executive Officer.

Trading Update - UBS Conference Presentation

The attached presentation will be delivered by the company at the UBS Australasia Virtual Conference 2020 tomorrow (17 November 2020) and includes a trading update on page 8.

A copy of the presentation will also be made available on the company’s website.

See the links below for more details:

Announcement

Investor Call Details

Investor Presentation

Source: SkyCity Entertainment Group Limited



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