Notice: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy
between this translated document and the Japanese original, the original shall prevail.

May 18, 2023
Company name:Name of representative:(Securities code: 6676)
Inquiries:

MELCO HOLDINGS INC.
Hiroyuki Maki, President and CEO
Yasukazu Kouketsu, General Managerof IR Division(Telephone: +81-3-4213-1122)

Notice Concerning Partial Amendment to the Articles of Incorporation
MELCO HOLDINGS INC. (the “Company”) hereby announces that it has resolved, at a meeting of the Board ofDirectors held on May 18, 2023, to file a proposal of “Partial Amendment to the Articles of Incorporation” at the37th Annual General Meeting of Shareholders scheduled to be held on June 26, 2023. The details are described
below.
1. Reasons for amendments to the Articles of Incorporation
The Company will make transition to a company with audit and supervisory committee from the perspectiveof strengthening the audit and supervision functions and expediting decision-making.
For this purpose, the Company will implement the new establishment of the provisions concerning the Auditand Supervisory Committee and the Audit and Supervisory Committee Members and the deletion of theprovisions concerning Auditors and the Board of Auditors, which are necessary for the transition to acompany with audit and supervisory committee, as well as newly establish the provisions that allow todelegate the decision on important business execution to Directors, and establish the supplementary provisions
as transitional measures for the deletion of the provisions that exempt Auditors from liability.
2. Details of amendments to the Articles of Incorporation
The details of amendments to the Articles of Incorporation are as appended.
3. Schedule of amendments to the Articles of Incorporation
Date of the General Meeting of Shareholders to amend the Articles of Incorporation:
June 26, 2023
Effective date of the amendments to the Articles of Incorporation:
June 26, 2023

-1-Appendix(Underlined portions represent amendments)
Proposed Amendments
Chapter I
General Provisions
Article 1 to Article 3 (Unchanged)(Organs)
Article 4.
The Company establishes the following organs in addition tothe general meeting of shareholders and Directors.
1. Board of Directors
2. Audit and Supervisory Committee(Deleted)
3. Financial Auditor
Article 5 (Unchanged)
Chapter II
Shares
Article 6 to Article 11 (Unchanged)
Chapter III
General Meeting of Shareholders
Article 12 to Article 17 (Unchanged)
Chapter IV
Directors and the Board of Directors(Number of Directors)
Article 18.
(1) The number of Directors (excluding Directors who are
Audit and Supervisory Committee Members) of theCompany shall not exceed 15.
(Newly established)(2) The number of Directors of the Company who are Audit
and Supervisory Committee Members shall not exceed 5.
(Election of Directors)(Election of Directors)
Article 19.
Article 19.
(Newly established)(1) Directors who are Audit and Supervisory Committee
Members and other Directors shall be distinguished andelected separately in the general meeting of shareholders.
(1) The resolution of the election of Directors of the Company (2) (Unchanged)
requires the attendance of shareholders who account for
one third or more of the voting rights held by shareholders
who can exercise voting rights, and their majority vote.
(2) The election of Directors of the Company shall not be(3) (Unchanged)
resolved by cumulative vote.
(Directors’ Terms of Office)(Directors’ Terms of Office)
Article 20.
Article 20.
The terms of office of Directors of the Company shall expire at(1) The terms of office of Directors (excluding Directors who
the conclusion of the Annual General Meeting of Shareholders
are Audit and Supervisory Committee Members) of theregarding the last fiscal year among fiscal years that end within
Company shall expire at the conclusion of the Annual
one year after the election
General Meeting of Shareholders regarding the last fiscal
year among fiscal years that end within one year after theelection.
(Newly established)(2) The terms of office of Directors of the Company who are
Audit and Supervisory Committee Members shall expire
at the conclusion of the Annual General Meeting ofShareholders regarding the last fiscal year among fiscal
years that end within two years after the election.
Current Articles of Incorporation
Chapter I
General Provisions
Article 1 to Article 3 (Provisions omitted)(Organs)
Article 4.
The Company establishes the following organs in addition tothe general meeting of shareholders and Directors.
1. Board of Directors
2. Auditors
3. Board of Auditors
4. Financial Auditor
Article 5 (Provisions omitted)
Chapter II
Shares
Article 6 to Article 11 (Provisions omitted)
Chapter III
General Meeting of Shareholders
Article 12 to Article 17 (Provisions omitted)
Chapter IV
Directors and the Board of Directors(Number of Directors)
Article 18.
The number of Directors of the Company shall not exceed 15.

-2-Current Articles of Incorporation(Newly established)

Proposed Amendments(3) The terms of office of Directors of the Company who are
Audit and Supervisory Committee Members and wereelected as substitutes for Directors who were Audit andSupervisory Committee Members and retired before theexpiration of their terms of office shall expire at theexpiration of the terms of office of the retired Directors
who were Audit and Supervisory Committee Members.
(Newly established)(4) The effective period of the resolution of the election ofsubstitute Directors who are Audit and Supervisory
Committee Members and were elected under Article 329,
paragraph (3) of the Companies Act shall be until theopening of the Annual General Meeting of Shareholders
regarding the last fiscal year among fiscal years that end
within two years after the election.
(President and CEO)(President and CEO)
Article 21.
Article 21.
The Board of Directors elects President and CEO by its
The Board of Directors elects the Representative Director fromresolution.
among Directors (excluding Directors who are Audit andSupervisory Committee Members) by its resolution.
(Executive Director)(Executive Director)
Article 22.
Article 22.
The Board of Directors can appoint one Chairman of the Board
The Board of Directors can appoint one Chairman of the Boardof Directors, one President and COO, and several Executiveof Directors, one President and COO, and several Executive
Vice Presidents, Senior Managing Directors and Managing
Vice Presidents, Senior Managing Directors and Managing
Directors by its resolution.
Directors by its resolution from among Directors (excludingDirectors who are Audit and Supervisory CommitteeMembers).
Article 23 (Provisions omitted)
Article 23 (Unchanged)(Convocation notice of the Board of Directors)(Convocation notice of the Board of Directors)
Article 24.
Article 24.
(1) The convocation notice of the Board of Directors is sent
(1) The convocation notice of the Board of Directors is sentout to Directors and Auditors no later than three days priorout to Directors no later than three days prior to theto the meeting date. However, this period may bemeeting date. However, this period may be shortened in
shortened in case of emergency.
case of emergency.
(2) With the consent of all Directors and Auditors, the(2) With the consent of all Directors, the meeting of the Board
meeting of the Board of Directors may be held withoutof Directors may be held without taking the convocation
taking the convocation procedure.
procedure.
(Newly established)(Delegation of the decision on important business execution)
Article 25.
The Board of Directors may delegate all or part of the decision
on important business execution (excluding matters listed in theitems of Article 399-13, paragraph (5) of the Companies Act)by its resolution under the provisions set forth in Article 39913, paragraph (6) of the Companies Act.
(Omission of resolution by the Board of Directors)
Article 25.
The Company deems that the resolution has been passed by theBoard of Directors when the requirements set forth in Article
370 of the Companies Act are met.
(Board of Directors Regulations)
Article 26.
Matters regarding the Company’s Board of Directors shallcomply with the Board of Directors Regulations established by
the Board of Directors, unless otherwise provided in laws andregulations or the Articles of Incorporation.

(Omission of resolution by the Board of Directors)
Article 26.
The Company deems that the resolution has been passed by theBoard of Directors if the requirements set forth in Article 370of the Companies Act are met.
(Board of Directors Operational Regulations)
Article 27.
Matters regarding the Company’s Board of Directors shallcomply with the Board of Directors Operational Regulations
established by the Board of Directors, unless otherwise
provided in laws and regulations or the Articles ofIncorporation.

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Current Articles of Incorporation(Remuneration for Directors)
Article 27.
Remuneration, bonuses, and other financial benefits Directors
receive from the Company as consideration for their executionof duties (hereinafter referred to as “benefits, etc.”) aredetermined by the resolution of the general meeting ofshareholders.
Article 28 to Article 29 (Provisions omitted)
Chapter V
Auditors and the Board of Auditors(Number of Auditors)
Article 30.
The number of Auditors of the Company shall not exceed 5.
(Election of Auditors)
Article 31.
The resolution of the election of Auditors of the Company
requires the attendance of shareholders who account for one
third or more of the voting rights held by shareholders who can
exercise voting rights, and their majority vote.
(Auditors’ Terms of Office)
Article 32.
(1) The terms of office of Auditors of the Company shall
expire at the conclusion of the Annual General Meeting ofShareholders regarding the last fiscal year among fiscal
years that end within four years after the election.
(2) The terms of office of Auditors who were elected as
substitutes for Auditors who retired before the expirationof their terms of office shall expire at the expiration of theterms of office of the retired Auditors.
(Full-Time Auditors)
Article 33.
The Board of Auditors of the Company elects full-time
Auditors by its resolution.
(Convocation notice of the Board of Auditors)
Article 34.
(1) The convocation notice of the Board of Auditors of theCompany is sent out to Auditors no later than three days
prior to the meeting date. However, this period may be
shortened in case of emergency.
(2) With the consent of all Auditors, the meeting of the Boardof Auditors may be held without taking the convocation
procedure.
(Board of Auditors Regulations)
Article 35.
Matters regarding the Company’s Board of Auditors shallcomply with the Board of Auditors Regulations established by
the Board of Auditors, unless otherwise provided in laws andregulations or the Articles of Incorporation.
(Remuneration for Auditors)
Article 36.
Remuneration for Auditors of the Company is determined by
the resolution of the general meeting of shareholders.

Proposed Amendments(Remuneration for Directors)
Article 28.
Remuneration, bonuses, and other financial benefits Directors
receive from the Company as consideration for their executionof duties are determined by the resolution of the general
meeting of shareholders, distinguishing Directors who are
Audit and Supervisory Committee Members and otherDirectors.
Article 29 to Article 30 (Unchanged)(Deleted)-4-(Deleted)(Deleted)(Deleted)(Deleted)(Deleted)(Deleted)(Deleted)

Current Articles of Incorporation(Exemption of Auditors from Liability)
Article 37.
In accordance with the provisions of Article 426, paragraph (1)of the Companies Act, the Company may exempt Auditors(including those who have been an Auditor) from liability fordamage caused by failure to perform their duties by theresolution of the Board of Directors to the extent provided bylaws and regulations.
(Liability Limitation Agreement for Auditors)
Article 38.
In accordance with Article 427, paragraph (1) of the Companies
Act, the Company may conclude an agreement with Auditors tolimit liability for damage caused by failure to perform theirduties. However, the limit of liability under this agreement
shall be the amount provided by laws and regulations.
(Newly established)(Newly established)(Newly established)(Newly established)

Chapter VI
Calculation
Article 39 to Article 42 (Provisions omitted)(Newly established)

Proposed Amendments(Deleted)(Deleted)

Chapter V
Audit and Supervisory Committee(Full-Time Audit and Supervisory Committee Members)
Article 31.
The Audit and Supervisory Committee may elect full-time
Audit and Supervisory Committee Members by its resolution.
(Convocation notice of the Audit and Supervisory Committee)
Article 32.
(1) The convocation notice of the Audit and Supervisory
Committee is sent out to Audit and Supervisory
Committee Members no later than three days prior to themeeting date. However, this period may be shortened incase of emergency.
(2) With the consent of all Audit and Supervisory Committee
Members, the meeting of the Audit and Supervisory
Committee may be held without taking the convocation
procedure.
(Audit and Supervisory Committee Regulations)
Article 33.
Matters regarding the Audit and Supervisory Committee of theCompany shall comply with the Audit and Supervisory
Committee Regulations established by the Audit andSupervisory Committee, unless otherwise provided in laws andregulations or the Articles of Incorporation.
Chapter VI
Calculation
Article 34 to Article 37 (Unchanged)(Supplementary Provisions)
The Company may exempt Auditors (including those who havebeen an Auditor) from liability for damage under Article 423,
paragraph (1) of the Companies Act related to acts they
committed before the conclusion of the 37th Annual General
Meeting of Shareholders by the resolution of the Board ofDirectors to the extent provided by laws and regulations.

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