Melco celebrates construction milestone with Studio City Phase Two topping out ceremony

• Featuring a USD 1.3 billion extension designed by
  Zaha Hadid Architects
• To offer one of Asia’s largest indoor & outdoor water
  parks, cinematic themed experience and family-oriented entertainment

MACAU – Media
OutReach – 15 November 2021 – Melco Resorts & Entertainment, a leading
global developer, owner and operator of integrated resort facilities, today held
a topping out ceremony and unveiled the design concept for the highly
anticipated Studio City Phase 2, scheduled to complete before end of December
2022. The Ceremony was hosted by Lawrence Ho, Chairman and CEO of Melco Resorts
& Entertainment, together with representatives from Melco to celebrate the
new start of Studio City.

Mr. Lawrence Ho, Melco Chairman & CEO, is joined by Mr. Clarence Chung, Melco Board Director; Dr. Kent Wong, Chief Advisor; Mr. David Sisk, Chief Operating Officer, Macau Resorts and Mr. Kevin Benning, Senior Vice President, Property General Manager, Studio City, for the topping out ceremony of Studio City Phase 2.

Designed by renowned international architecture firm Zaha Hadid Architects, the
USD 1.3 billion Studio City Phase 2 complex further complements the integrated
resort’s existing Phase 1, which features a modern interpretation of the rich
detailing, bold geometries and craftsmanship of the Art Deco period. The thrilling
new entertainment and leisure destination will offer one of Asia’s largest
indoor & outdoor water parks, a six-screen Cineplex comprising two regular
houses and four VIP suites, as well as a state-of-the-art MICE space.

Mr. Lawrence Ho, Chairman and CEO of Melco Resorts & Entertainment,
said, “Melco has a strong track record of contributing to Macau’s
ongoing development as a world center of leisure tourism. Studio City Phase 2
reaffirms our ongoing commitment to the city and contributes to reinforcing
Macau’s non-gaming proposition in Asia and internationally. We are grateful for
the support of the Central and Macau governments during the project
construction.”

Mr. David Sisk, Chief Operating Officer of Macau Resorts, Melco, said, “Since opening in
2015, Studio City has become a destination landmark in Macau with its unique
entertainment theme and experience. The extension project will complement our
existing offering of ‘next-generation’ world-class entertainment and further
enhance the distinctive Studio City experience.”

With a total gross floor area of approximately 250,000 square meters,
Studio City Phase 2 is located in the Cotai area of Macau, comprising two luxury
hotel towers with 900 rooms and suites, a retail complex of over 21,000 square
meters and gaming space of over 2,300 square meters. It has also been named
winner of the ‘Regional Award, Asia’ at BREEAM Awards 2021 in recognition of its
incorporation of sustainable building design, development and management.
Studio City Phase 2 is progressing on track for completion before December 27,
2022.

Please click here to watch a timelapse video that reveals the
construction of Studio City Phase 2, the thrilling new cinematically-themed
entertainment and leisure destination in Macau.

Please click here to watch a video featuring Viviana Muscettola, Director of Zaha
Hadid Architects, who shares details about the design concept of Studio
City Phase 2.