3Q20 Earnings Call Presentation

Sequential Improvement in EBITDA Performance Quarter Ended September 30, 2020 vs Quarter Ended June 30, 2020 ($ in US millions) Adjusted Property EBITDA Hold-Normalized Adjusted Property EBITDA 2Q20 3Q20 2Q20 3Q20 Sands China ($312) ($233) ($285) ($240) Increase in Adj. EBITDA $79 $45 % Decrease in Adj. EBITDA Loss -25.3% -15.8% Marina Bay Sands ($113) $70 ($112) $59 Increase in Adj. EBITDA $183 $171 % Decrease in Adj. EBITDA Loss Las Vegas ($122) ($40) ($117) ($3) Increase in Adj. EBITDA $82 $114 % Decrease in Adj. EBITDA Loss -67.2% -97.4% LVS Consolidated ($547) ($203) ($514) ($184) Increase in Adj. EBITDA $344 $330 % Decrease in Adj. EBITDA Loss -62.9% -64.2% Our Adjusted Property EBITDA Results Improved in Each of Our Markets Relative to 2Q20 Sands 8

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