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Ord Minnett Leisure,

Tourism & Gaming

Conference

24 March 2022

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Strategic priorities

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Grow revenue above market

EVENT

Agile COVID-safe operations

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Enhanced brands and pricing models

Experience innovation and expansion

3

Maximise assets

Divestment strategy

Targeted investment in core assets

Progress major developments

Business transformation

Insight led customer experience enhancement

Innovative customer and operating technology

ELEVATE People, Social, Environment

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Property portfolio

~$2 billion

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Property

$2 billion

property portfolio

$194.4 million

proceeds from divestments

Future growth

strong progress on key projects

Value created

$7m Thredbo bed rights revenue

1

Property strategy

Owner of operating assets, principally

hotels, and other properties that have

potential to be developed into an operating

asset.

Divestment of non-core property strategy

announced in 2021 and on-track to realise

targeted pre-tax proceeds of $250 million.

3 Key asset upgrades

Rydges Melbourne closed for refurbishment and expansion of conference facilities, reopening mid 2023.

QT Gold Coast remains open during refurbishment of rooms, conferencing, and creation of new revenue-generating areas.

Cinema of the Future upgrades of

Chermside and Innaloo in progress.

2

4

Major developments

525 George Street progressing well, stage

2 DA submission in June 2022. Sales agent in the process of being appointed for residential market process. Construction estimated to commence FY24.

458-472 George Street commercial office tower stage 1 DA submitted for approval.

Other developments

Strategy to unlock unutilised bed rights in Thredbo, revenue of $7 million in H1. Thredbo development projects underway.

Jucy Snooze Auckland to open in 4th quarter of calendar year.

Stepped acquisition of Rydges Latimer Christchurch from 16% to 70% (currently) and 100% (2023).

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Event Hospitality and Entertainment Ltd. published this content on 23 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 March 2022 00:07:03 UTC.