IDENTIFYING OUR MATERIAL ESG TOPICS

Materiality assessments form the bedrock of our sustainability strategy and reporting. They identify the current and emerging ESG risks and opportunities that matter to our business and stakeholders. They also allow us to engage deeper with our internal and external stakeholders on ESG topics aside from ongoing communication channels. Comprehensive materiality assessments are conducted once every few years and we revalidate the material ESG topics annually to ensure their continued relevance.

In 2025, we scanned for ESG topics relevant to the hospitality and gaming industry, referencing industry news, the SASB Standards and peers’ disclosures, and assessed any macro shifts in industry sentiments in the context of sustainability-related risks and opportunities. We then refreshed our double materiality assessment by reviewing the impact materiality and financial materiality of each ESG topic, in alignment with the severity, likelihood and financial impact rating of our ERM framework. For financial materiality, a reasonable degree of judgment was exercised in estimating the magnitude of financial impacts. To gather more insights, we surveyed the Sustainability Working Groups, comprising heads of departments, and also sought their feedback on areas for improvement regarding the sustainability strategy.