Announcement of Wynn Macau, Limited
Mr. Wynn has confirmed that he has no disagreement with the Board. There is no other information in relation to his resignation that needs to be brought to the attention of the shareholders of the Company and The Stock Exchange of Hong Kong Limited (the "Stock Exchange").
The Board would like to take this opportunity to express its sincere gratitude to Mr. Wynn for his valuable contribution to the Company during his tenure of office.
Dr. Allan Zeman ("Dr. Zeman"), an independent non-executive director of the Company, has been appointed as the Non-executive Chairman of the Company effective immediately.
RE-DESIGNATION OF DIRECTOR AND APPOINTMENT OF CHIEF EXECUTIVE OFFICER
Mr. Matthew O. Maddox ("Mr. Maddox"), a Non-executive Director of the Company, has been appointed as the Chief Executive Officer of the Company and re-designated as an Executive Director of the Company effective immediately.
The Board has also resolved to appoint Mr. Maurice L. Wooden ("Mr. Wooden") as a Non-executive Director of the Company. Mr. Wooden is the President of Wynn Las Vegas, LLC, which is a subsidiary of Wynn Resorts, Limited, the controlling shareholder of the Company, and owner and operator of Wynn Las Vegas and Encore Las Vegas, where he oversees the day-to-day operations of the properties.
Further information about the above appointments will be announced as soon as practicable.
At the request of the Company, trading in the shares of the Company on the Stock Exchange was halted with effect from 9:00 a.m. on 7 February 2018 pending the release of this announcement. An application has been made by the Company to the Stock Exchange for the resumption of trading in the shares of the Company on the Stock Exchange with effect from 9:00 a.m. on 8 February 2018.