GALAXY ARENA JOINS FORCES WITH WARNER MUSIC CHINA IN NEW STRATEGIC PARTNERSHIP

To deliver a tapestry of world-renowned music and entertainment spectaculars,ushering in a new era of entertainment and cultural exchange

MACAU,Aug. 9,2023 -- Galaxy Arena is pleased to announce a three-year strategic partnership with Warner Music China. Under the new strategic cooperation agreement,both parties will leverage their respective resource advantages,development experiences,and influence within the industry to organize a vast array of top-tier music performances and entertainment extravaganzas.

As part of the efforts to support Macau's "Tourism + Entertainment" cross-sector integration and promote the development of the city's cultural and entertainment industry. The goal is to attract music enthusiasts from around the world to choose Macau as a travel destination. According to the agreement,Warner Music China will bring in its artists' concerts in Macau,planning and producing cultural events such as music festivals,music lectures and forums,and arranging its artists to take part in commercial activities held in the city.

Galaxy Arena always prides itself on delivering a myriad of extraordinary performances to locals and tourists from around the globe,taking Macau's cultural and entertainment industries to the next level while fostering the city's transformation as a "World Center of Tourism and Leisure". This collaboration with Warner Music aims to utilize the group's esteemed artist line-up,its extensive content development team in China,and its abundant resources and experience in music content creation and large-scale music events. Not only does it fast-track more high-quality music and entertainment content to the region,but it also facilitates cultural exchange both domestically and internationally,creating new opportunities for enhancing both online and offline interactive experiences and industry development. Meanwhile,Warner Music's artists can enjoy the luxury of Galaxy Arena,the newest and largest indoor arena with 16,000-seat and the most technologically advanced event and entertainment facility in Asia.

Mr. Francis Lui,Vice Chairman of Galaxy Entertainment Group,Mr. Kevin Kelley,Chief Operations Officer of GalaxyEntertainment Group,Mr. Jonathan Serbin,Co-president of Warner Music Asia and Ms. Sherry Tan,Managing Director of Warner Music China attended the signing ceremony. "The brand-new Galaxy Arena has been hosting a number of world-class performances since April with resounding success,offering a spectrum of entertainment experiences to visitors from the world," said Mr. Francis Lui. "As a collaborative effort with the Macau SAR Government to support 'Tourism + Entertainment' cross-sector integration,GEG's collaboration with Warner Music China means we will continue to fully utilize this world-class venue to present more spectacular shows and an endless array of exciting entertainment for both locals and tourists. We are confident that this partnership will unlock the immense potential for further cultural exchange between the two regions,enriching the travel and leisure experiences of Macau residents and tourists,and propelling Macau's cultural and entertainment industry to new heights."

"We are thrilled to have the opportunity to work together to develop exciting new music and entertainment opportunities at the Galaxy Macau's amazing property. Through this cooperation,Warner Music will bring a wide range of global artists to the Galaxy to help enrich the already fast expanding cultural and entertainment activities in Macau. We are looking forward to a strong partnership with both the GEG and Macau; and we are very excited to move ahead together on this project." said Mr. Jonathan Serbin,Co-President of Warner Music Asia. "Warner Music China strives to ensure the diversified expansion of Mandarin music in China,we believe this collaborative endeavor will create synergy,driving new achievements in industry export and cultural exchange," Ms. Sherry Tan,Managing Director of Warner Music China also commented.

This strategic partnership marks a new milestone in the exchange and cooperation between Warner Music China and GEG in various aspects such as cultural events and tourism. It also heralds the beginning of a new era in entertainment and cultural enrichment.

Mr. Francis Lui,Vice Chairman of Galaxy Entertainment Group (2nd from right),Chief Operations Officer of Galaxy Entertainment Group (1st from right),Co-president of Warner Music Asia (2nd from left) and Ms. Sherry Tan,Managing Director of Warner Music China (1st from left) attended the signing ceremony.

About Galaxy Macau Integrated Resort

Galaxy Macau™,The World-class Luxury Integrated Resort delivers the "Most Spectacular Entertainment and Leisure Destination in the World". Developed at an investment of HK$43 billion,the property covers 1.1 million square metres of unique entertainment and leisure attractions that are unlike anything else in Macau. Six award-winning world-class luxury hotels provide close to 4,000 rooms,suites and villas. They include Banyan Tree Macau,Galaxy Hotel™,Hotel Okura Macau,JW Marriott Hotel Macau,The Ritz-Carlton,Macau,Broadway Hotel. Unique to Galaxy Macau,the 75,000-square-meter Grand Resort Deck features the world's longest Skytop Adventure Rapids at 575 metres,the

largest Skytop Wave Pool with waves up to 1.5 metres high and 150-meter pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa,Macau help guests relax and rejuvenate.

As the dining destination in Asia,Galaxy Macau offers a wide variety of gastronomic delights,exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000 square meters,luxury flagship stores,lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas,a 10-theatre 3D Cineplex boasting 4K laser projection; CHINA ROUGE,one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai's golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavours & Vibrant Asian Experiences,Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau,has over 40 different Authentic Macau & Asian Flavours at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting,incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff.

Galaxy Macau is set to begin a new chapter,with the opening of two world-class luxury hotels – Raffles at Galaxy Macau and Andaz Macau. Galaxy International Convention Center (GICC) is the latest addition to the Group's ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000 sqm of total flexible MICE,and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details,please visit www.galaxymacau.com,www.broadwaymacau.com.mo and www.galaxyicc.com.

About Warner Music Group

With a legacy extending back over 200 years,Warner Music Group (WMG) today brings together artists,songwriters,and entrepreneurs that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees,WMG's Recorded Music division includes renowned labels such as Asylum,Atlantic,Big Beat,Canvasback,Elektra,Erato,First Night,Fueled by Ramen,Nonesuch,Parlophone,Reprise,Rhino,Roadrunner,Sire,Spinnin',Warner Records,Warner Classics,and Warner Music Nashville. WMG's music publishing arm,Warner Chappell Music,has a catalog of over 1 million copyrights spanning every musical genre,from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA,the independent artist and label services company,as well as consumer brands such as Songkick,the live music app; EMP,the merchandise e-tailer; and UPROXX,the youth culture destination. Warner Music China has rich and holistic experience in artist management,show and performance management. Current super star rooster of WMC includes Jam Hsiao,Miriam Yeung,Steve Chou and so on.