Sands China Ltd. dated November 20, 2018, March 27, 2020 and September 11, 2020 in which it was stated that on November 20, 2018, the Company entered into a Facility Agreement (the "2018 SCL Credit Facility") with the arrangers and lenders named therein and from time to time party thereto (the"Lenders") and Bank of China Limited, Macau Branch, as agent for the lenders (the "Agent"). The 2018 SCL Credit Facility provides for a USD 2,000,000,000 revolving unsecured credit facility that is available until July 31, 2023. The 2018 SCL Credit Facility contains, among other things, two financial covenants, which require the Company to maintain a Consolidated Leverage Ratio and a Consolidated Interest Coverage Ratio (each as defined in the 2018 SCL Credit Facility) of a certain level. On March 27, 2020, the Company entered into a waiver and amendment request letter to amend the 2018 SCL Credit Facility (the "First Waiver Letter"). In the First Waiver Letter, the Agent and the Lenders have, among other things, waived the requirement for the Company to ensure (i) that the Consolidated Leverage Ratio (as defined in the 2018 SCL Credit Facility) as at the last day of any financial quarter does not exceed 4.00 to 1.00 and (ii) that the Consolidated Interest Coverage Ratio (as defined in the 2018 SCL Credit Facility) as at the last day of any financial quarter is greater than 2.50 to 1.00, in each case, for any fiscal period ending during the period beginning on, and including, January 1, 2020 and ending on, and including, July 1, 2021 (the "Relevant Period") (other than with respect to the financial year ended on December 31, 2019).