• Available cash at 31 December 2024 was $79 million, down $70 million from 30 September 2024
• Reduction in available cash due to difficult trading conditions, capital expenditure, and other significant items
• Continues to work towards fulfilling conditions to draw down additional $100 million facility

The Star Entertainment Group Limited (ASX code: SGR) has provided an update on its unaudited cash and liquidity position, pending the release of its quarterly update and half-year results. The Group's available cash at 31 December 2024 was $79 million, a reduction of $70 million from the previously reported 30 September 2024 balance of $149 million. The reduction in available cash reflects the continued difficult trading conditions, essential capital expenditure, significant items including upfront fees relating to the establishment of a new $200 million debt facility, the first $5 million instalment of a $15 million fine, significant legal and consulting fees, ongoing transformation and remediation activities, and joint venture contributions. The Group continues to work towards the fulfillment of conditions precedent that must be met in order to draw down the additional $100 million under Tranche 2 of the new debt facility, though a number of these conditions remain challenging to meet given the Group's current circumstances. In addition to seeking to fulfill the conditions for the second tranche, the Group continues to explore other liquidity solutions.