2026 Annual Meeting of Shareholders

• FY26 financial results show underlying revenue of $822.7m and underlying EBITDA of $181.6m
• NZICC opened on time and within budget, contributing to non-gaming revenue growth
• Cost-out program targets $30m in FY27, increasing to $70m in FY28
• Secured the right to apply for two online casino licenses in New Zealand
• Board remains open to proposals for the whole business if they offer greater value

SkyCity Entertainment Group Limited held its 2026 Annual Meeting of Shareholders on October 21, 2026. The meeting included presentations by the Chair and CEO, covering the company's financial performance for FY26, strategic achievements, and future outlook. The company reported underlying revenue of $822.7 million and underlying EBITDA of $181.6 million. The New Zealand International Convention Centre (NZICC) opened on time and within budget, contributing to a 13.4% increase in non-gaming revenue. The company has also progressed its asset monetisation program, which is expected to deliver close to $300 million in gross proceeds by the end of the year. SkyCity secured the right to apply for two online casino licenses in New Zealand, a significant step following the implementation of the Online Casino Gambling Act. The company reiterated its FY27 outlook, noting that trading in the first quarter has been consistent with the fourth quarter of FY26. The Board remains open to proposals for the whole business if they offer greater value to shareholders.

SkyCity reiterates its previous earnings outlook for FY27, noting that trading in the first quarter has been consistent with the fourth quarter of FY26.