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 13, 2024

Company name:Name of representative:
Inquiries:

MELCO HOLDINGS INC.
Hiroyuki Maki, President and CEO(Securities code: 6676)
Hideto Fukaya, General Manager,
CEO’s Office(Telephone: +81-3-4213-1122)

Notice Concerning Changes of Sub-subsidiaries
MELCO HOLDINGS INC. (the “Company”) hereby announces that it has decided, at a meeting of the Board ofDirectors held on May 13, 2024, to submit to the 38th Annual General Meeting of Shareholders to be held on June
26, 2024 (“this General Meeting of Shareholders”) a proposal to distribute all of the shares of the Company’s
subsidiary Shimadaya Corporation (“Shimadaya”) held by the Company to shareholders through dividends in kind(dividends of property other than cash) (the “Spin-off”), and that Shimadaya Kanto Co., Ltd. and Shimadaya Tohoku
Co., Ltd., which are subsidiaries of Shimadaya and sub-subsidiaries of the Company, will no longer be consolidated
subsidiaries of the Company. Although the status of Shimadaya Nishinihon Co., Ltd. and other sub-subsidiaries will
also be changed, their details are not disclosed, since they are minor changes.
For the overview of the Spin-off, etc., please refer to “Notice Concerning Dividends in Kind of Subsidiary Shares(Share-Distribution-Type Spin-off) and Change of Specified Subsidiaries” disclosed on the same day.

Description
1.

Reason for changes of sub-subsidiaries
Since the Company’s subsidiary Shimadaya will no longer be the Company’s consolidated subsidiary due tothe Spin-off, Shimadaya Kanto Co., Ltd. and Shimadaya Tohoku Co., Ltd., which are subsidiaries of
Shimadaya and sub-subsidiaries of the Company, will no longer be consolidated subsidiaries of the Company.

2.

Overview of the sub-subsidiary whose status will change (Shimadaya Kanto Co., Ltd.)

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)

Name
Address
Title and name of representative
Business description
Share capital
Date of establishment
Major shareholders and percentage ofshareholding
Total number of issued shares
Relationship with the Company

Shimadaya Kanto Co., Ltd.
2-1-22 Musashino, Akishima city, Tokyo, JapanIsao Iwata, President and CEO
Manufacture of noodles¥50 million
April 1, 2004
Shimadaya Corporation 100%
1,000 shares
Capital relationship
Personnel relationship
Business relationship
Correspondence to therelated party-1-Wholly owned subsidiary (sub-subsidiary) of theCompany.
No personnel relationships.
No business relationships.
The Company is a related party as the parent
company of this company. Although thiscompany will no longer be a subsidiary of theCompany after the Spin-off, the Company willremain a related party as a company that has thesame parent company.

(10) Financial position and operating results of this company for the past three years
Accounting period
Fiscal year ended
Fiscal year ended
March 31, 2022
March 31, 2023
Net assets¥1,789 million¥2,258 million
Total assets¥4,508 million¥4,966 million
Net assets per share¥1,789,038.06¥2,258,072.46
Net sales¥13,299 million¥14,923 million
Operating profit¥490 million¥570 million
Ordinary profit¥459 million¥646 million
Profit¥288 million¥469 million
Earnings per share¥288,239.33¥469,034.40
Dividend per share¥–¥–Note:

3.

(1)
(2)
(3)(4)(5)(6)(7)(8)(9)

Fiscal year ended
March 31, 2024
¥2,694 million¥5,470 million¥2,694,803.32¥16,535 million¥514 million¥543 million¥436 million¥436,730.85¥–

Shimadaya Kanto Co., Ltd. does not pay dividends to shareholders.

Overview of the sub-subsidiary whose status will change (Shimadaya Tohoku Co., Ltd.)
Name
Address

Title and name of representative
Business description
Share capital
Date of establishment
Major shareholders and percentage ofshareholding
Total number of issued shares
Relationship with the Company

Shimadaya Tohoku Co., Ltd.
56 Aza Kitahara, Furukawa-Tsukanome, Osaki city, Miyagi prefecture,Japan
Kenichi Konno, President and CEO
Manufacture of noodles¥100 million
October 23, 1972
Shimadaya Corporation 100%
600,000 shares
Capital relationship

Wholly owned subsidiary (sub-subsidiary) of theCompany.
Personnel relationship No personnel relationships.
Business relationshipNo business relationships.
Correspondence to the The Company is a related party as the parent
related party
company of this company. Although thiscompany will no longer be a subsidiary of theCompany after the Spin-off, the Company willremain a related party as a company that has thesame parent company.
(10) Financial position and operating results of this company for the past three years
Accounting period
Fiscal year ended
Fiscal year ended
Fiscal year ended
March 31, 2022
March 31, 2023
March 31, 2024
Net assets¥709 million¥823 million¥1,022 million
Total assets¥3,442 million¥3,775 million¥3,486 million
Net assets per share¥1,182.77¥1,372.28¥1,704.95
Net sales¥4,881 million¥5,527 million¥6,087 million
Operating profit¥363 million¥98 million¥228 million
Ordinary profit¥413 million¥140 million¥277 million
Profit¥308 million¥113 million¥199 million
Earnings per share¥514.64¥189.51¥332.67
Dividend per share
¥–
¥–
¥–

Note:

Shimadaya Tohoku Co., Ltd. does not pay dividends to shareholders.

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Schedule of changes

Schedule
Monday, May 13, 2024
Wednesday, June 26, 2024
Monday, September 30, 2024
Tuesday, October 1, 2024

Note:

5.

Details
Date of resolution by the Board of Directors of the CompanyAnnual General Meeting of Shareholders of the Company (scheduled)
Record date of distribution of the Spin-off
Effective date of dividends in kind of the Spin-off*Date of change of the status from the Company’s consolidated subsidiary

The above is the main schedule of the Spin-off and is subject to approval of the Spinoff at the Annual General Meeting of Shareholders of the Company and approval ofthe listing of Shimadaya’s shares on the Tokyo Stock Exchange.

Outlook for the future
There will be no change in the current Group prior to the Spin-off until the end of September 2024, but
Shimadaya, Shimadaya Kanto Co., Ltd. and Shimadaya Tohoku Co., Ltd. will no longer be consolidated
subsidiaries of the Company after the effective date of the dividends in Kind.
For the (planned) status of the Company and the trading of the Company’s shares after the Spin-off, the policyof holding of Shimadaya’s shares by the founding family of the Company, who are shareholders of theCompany, and the parent company after the Spin-off, and the impact on the Company’s business performance,
please refer to “6. Outlook for the future” in “Notice Concerning Dividends in Kind of Subsidiary Shares(Share-Distribution-Type Spin-off) and Change of Specified Subsidiaries” dated May 13, 2024.

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