Mr. Lawrence Ho, Chairman and Chief Executive Officer of Melco, commented: "With our new ten-year gaming concession, Melco's commitment and belief in Macau's long-term future remains unwavering. Throughout the pandemic, we never compromised our core beliefs in providing guests with quality hospitality, great design and world leading entertainment.

"The opening of the indoor waterpark and Epic Tower marks the start of a new chapter for Studio City, which is also an important milestone in Macau's diversification objective and a demonstration of Melco's confidence and belief in the long-standing potential of Macau. The development, in addition to the many more to be unveiled in the third quarter of this year, undoubtedly reinforces Studio City's positioning as Asia's Entertainment Capital, and Melco's commitment to Macau through substantial and ongoing investment in the city's future."

Designed by renowned international architecture firm Zaha Hadid Architects, the USD1.2 billion Studio City Phase 2 will feature two luxury hotel towers – Epic Tower and W Macau, the Macau's all-new, all-weather, all-year-round water park, and state-of-the-art space for meetings, incentives, conferences and exhibitions. The extension project will complement Melco's existing offering of 'next-generation' world-class entertainment and further enhancing the distinctive Studio City brand.

Studio City Phase 2's stunning new attractions include:

• Indoor Water Park: Spanning nearly 10,000 square meters with 16 heart-pumping waterslides and attractions, the park offers year-round aquatic adventure.
• Epic Tower: an own-branded hotel of Melco, with a total of 338 glamorous suites in 8 room types including 2 villas, epitomizes the Group's hallmark for exceptional hospitality with a design fusing innovation, fashion and city chic.

Hashtag: #Melco

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References

1. ^{^} Media OutReach (www.media-outreach.com)