On August 12, 2019, MGM China Holdings Limited entered into agreements with certain lenders pursuant to which the lenders agreed to make available to the Company an unsecured revolving credit facility in an aggregate amount of HKD 9.75 billion with a final maturity date on May 15, 2024. The Revolving Credit Facility became effective on August 14, 2019. The company also announced the amendments made to the financial covenants as disclosed in annual reports, pursuant to the Amendments, it is proposed that certain major terms of the Revolving Credit Facility will be amended as follows: the final maturity date of the Amended Revolving Credit Facility will be extended for an additional two years from May 15, 2024 to May 15, 2026.

subsequent to the amendments from February 21, 2020 to February 10, 2022, which waived certain financial covenants through to its maturity, as set out in the annual reports, the permitted leverage ratio and the permitted interest coverage ratio under the Amendments will be further amended as follows: Accounting Date: Each Accounting Date commencing from and including March 31, 2023 up to and including December 31, 2024. Leverage Ratio: Not Applicable and Interest Coverage Ratio: Not Applicable. Accounting Date: March 31, 2025.

Leverage Ratio: 5.50:1.00 and Interest Coverage Ratio: 2.50:1.00. Accounting Date: June 30, 2025. Leverage Ratio: 5.25:1.00 and Interest Coverage Ratio: 2.50:1.00.

Accounting Date: September 30, 2025. Leverage Ratio: 5.00:1.00 and Interest Coverage Ratio: 2.50:1.00. Accounting Date: December 31, 2025.

Leverage Ratio: 4.75:1.00 and Interest Coverage Ratio: 2.50:1.00. Accounting Date: March 31, 2026. Leverage Ratio: 4.50:1.00 and Interest Coverage Ratio: 2.50:1.00.

The Amended Revolving Credit Facility will bear interest at a fluctuating rate per annum based on HIBOR plus a margin (in the range of 1.625% to 2.75%), which will be determined by the Company's leverage ratio.