Group CEO & MD departure and Executive Chairman appointment

• Steve McCann to depart as Group CEO and Managing Director
• Bruce Mathieson Jnr appointed as Executive Chair while CEO search conducted
• McCann to assist with handover until July 2026

The Star Entertainment Group Limited (ASX code: SGR) has announced that Steve McCann will be leaving the company and will cease his role as Group CEO and Managing Director effective from 16 December 2025. Bruce Mathieson Jnr will take on additional duties as Executive Chair while a search for a permanent CEO is conducted. Mr McCann has agreed to remain available to assist the Company through a handover period in relation to government and regulator interaction until 8 July 2026. The Board has thanked Mr McCann for his strong leadership and hard work during a challenging period for The Star, stating that he has helped to deliver a critical financial reset for the business and successfully progressed the Remediation Plan, laying the foundations for the company's long-term future success. Mr McCann has expressed that the strategic investment by Bally's Corporation and Investment Holdings Pty Ltd provides an opportunity for The Star to move in a new direction and pursue a pathway to recovery and future growth, and that now is the right time for new leadership to be put in place with the experience and passion to build on that momentum and take The Star forward.