MELCO INT'L DEV (00200) subsidiary intends to invest in the Macao SAR Government Guided Fund No. 2 Limited Partnership Fund

MELCO INT'L DEV (00200) announces that on October 23, 2026, the Company's indirect subsidiary, Melco Macau, entered into a limited partnership agreement and a subscription agreement to subscribe for interests in the Fund (a Macao SAR Government guided fund), with a total capital commitment of MOP828 million (equivalent to approximately HK$803 million), representing approximately 9.2% of the total commitments of all limited partners of MOP9 billion (equivalent to approximately HK$8.73 billion). Melco Macau will inject capital into the Fund to further fulfill its non-gaming investment obligations under the concession contract. The Fund is established by the Macao Special Administrative Region solely for the purpose of fulfilling specific policies. The term of the Fund shall commence from the closing date and continue until the fifteenth anniversary of the closing date, unless extended (up to two extensions of one year each) or dissolved early and liquidated in accordance with the limited partnership agreement and applicable laws. The Fund shall invest in commercially sustainable projects that fall within the following scope: (i) areas that help promote the appropriate diversification of Macao's economy, in particular investment projects that can introduce emerging industries, drive industry transformation and upgrading, support the commercialization of technological achievements, and support the development of technology start-ups; (ii) areas that align with national development strategies, industry upgrading, technological innovation, and livelihood protection; (iii) areas that align with Macao's strategic development positioning and fully leverage its unique advantages; (iv) investment projects that support the coordinated development of Macao with the Guangdong-Macao In-Depth Cooperation Zone in Hengqin and the Guangdong-Hong Kong-Macao Greater Bay Area; and (v) other investment projects that align with the Macao Government's policy direction. The Fund is a Macao Government guided fund established by the Macao Special Administrative Region under the Investment Fund Law and the government guided fund management system. Melco Macau's investment in the Fund is made to further fulfill its non-gaming investment obligations under the concession contract and reflects the Group's commitment to supporting Macao's sustainable development and economic diversification. Melco Macau's capital injection into the Fund shall be deemed to have fulfilled an equivalent amount of investment obligations under the concession contract. Accordingly, the transaction is not expected to have a material impact on the Company's financial position at present.