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 Status of Progress Based on Plan to Meet the Continued-Listing Criteria
for the Prime Market and Application for Selection of the Standard Market
MELCO HOLDINGS INC. (the “Company”) applied for selection of the “Prime Market” on December 16, 2021.
On the same day, the Company disclosed its “Plan to Meet the Continued-Listing Criteria for New MarketSegments,” and on June 17, 2022, the Company made a disclosure concerning “Status of Progress Based on Plan
to Meet the Continued Listing Criteria for the Prime Market.”
On May 17, 2023, the Company received notification concerning “Status of Meeting the Continued-ListingCriteria (Distribution Criteria)” from Tokyo Stock Exchange, Inc. (“TSE”) and confirmed its meeting all of thecontinued-listing criteria for the Prime Market as of March 31, 2023.
Concerning present circumstances, in conjunction with a revision to TSE’s rules coming into effect from April 1,2023, an opportunity arose for the Company to consider re-selecting its listing on the Standard Market. Therefore,in light of the recent status of meeting the continued-listing criteria for the Prime Market and the current
circumstances of the Company, the Company examined the option of re-selecting its listing. As a result, at themeeting of the Board of Directors held today, the Company resolved to apply for selection of the Standard Marketfor the following reasons. The Company has made this application and provides notice accordingly.
1. Reasons for selecting to list on the Standard Market(1) On January 23, 2023, the Company announced “Notice Concerning the Start of Preparations for a ShareDistribution-Type Spin-off and the Start of Preparations for Listing the Shares of the Consolidated
Subsidiary Shimadaya Corporation” (this content collectively referred to as the “Spin-off”). As previously
mentioned in that announcement, the Company is currently earnestly engaged in carrying out the Spin-off
for the purpose of maximizing shareholder value over the long term.
As of April 30, 2023, the Company’s market capitalization was approximately ¥56.0 billion. In the eventthat the Spin-off is executed, the Company’s share price would theoretically be adjusted by an amountequivalent to the value of Shimadaya Corporation. Therefore, the Company’s market capitalization will
decrease commensurately. In considering the concept of TSE’s new market segments, the Company hascome to the conclusion that the Standard Market would be appropriate based on size.
(2) The Company places emphasis on shareholder returns, and up until now, it has targeted a total return ratioof 80%. Considering the continued-listing criteria for the Prime Market and for Standard Market, theCompany believes that selection of the Standard Market would enable a more diverse range of methods forshareholder return and promoting agile and flexible capital policy.
Even through transition to the Standard Market, the Company will not change its policy of conducting
initiatives to improve shareholder value over the medium and long terms through sustainable growth andstrengthening the corporate governance structures.

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2. Statuses of meeting the continued-listing criteria for the Prime Market and the Standard Market
The Company’s statuses of meeting the continued-listing criteria, including its trends, are provided below. Asof March 31, 2023, the Company fully met the continued-listing criteria for the Prime Market and theStandard Market.
Therefore, going forward, as of the judgment base date of each item of the continued-listing criteria for theStandard Market, if the Company meets all of the continued-listing criteria for that market, the Company will
not disclose the “Plan to Meet Continued Listing Criteria.”

As of June30, 2021
(As of thetransitionbase date)
As ofDecember 16,2021(ContentStatus of the disclosed inCompany’s the plan)meeting andits trends (*) As of March31, 2022
(Calculatedby theCompany)
As of March31, 2023
(As of thisjudgmentbase date)Continued-listing criteria for
the Prime Market
Continued-listing criteria for
the Standard Market

Number of
Shareholders

Number of
tradablesharesTradableshare market
capitalization

Tradableshare ratio

Averagedaily trading
value

Averagemonthly
trading
volumeAmount ofnet assets

–
Met–
Met–
Met

25.0%
Not met–Met––
Met–
Met–
Met–
Met

35.26%
Met–Met––
Met

––Met

3,831Met63,278 units ¥24.1 billion
MetMet35.27%
Met¥0.14 billion
Met4,163
Met

62,996 units ¥20.5 billion
MetMet37.1%
Met¥0.075billion
Met

800

20,000 units ¥10.0 billion

35%¥0.02 billion–Net positive400

2,000 units

25%–

10 units

Net positive¥1.0 billion

3,046 units ¥62.4 billion
MetMet(*) Concerning the Company’s status of meeting and its trends, the information as of June 30, 2021 was calculated based on thedistribution status of the Company’s share certificates, etc. that were known by TSE at the time of the transition base date, andthe information as of March 31, 2022 was calculated by the Company based on the distribution status of the Company’s sharecertificates, etc. and Monthly Quotations (Stock Quotations), etc. in accordance with TSE’s calculation method for after thetransition to the new market segments (April 4, 2022). The information for the “average daily trading value” of the Company’sstatus of meeting the continued-listing criteria for the Prime Market as of March 31, 2023, states the average daily trading valuefor the period from January 1, 2022 to December 31, 2022, which was in the notice received from TSE on January 11, 2023. For
the other items in the above table (excluding amount of net assets), the stated information is based on the “Status of Meeting
Continued-Listing Criteria (Distribution Criteria)” received from TSE on May 17, 2023.
Note that the average monthly trading volume as of March 31, 2023 is calculated by dividing the total trading volume from July
2022 to December 2022 by six (months) to obtain the monthly average.

3. Planned date of transition to the Standard Market
Based on the schedule determined by TSE, the transition date will be October 20, 2023.
Trading of the Company’s shares will be moved to the Standard Market effective on and after that date, andtrading will be continued on that market.
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