3Q20 Earnings Call Presentation

LVS Consolidated Operations EBITDA Performance Quarter Ended September 30, 2020 vs Quarter Ended June 30, 2020 LVS Consolidated Adjusted Property EBITDA ($ in US millions) Adjusted Property EBITDA $0 -$203 -$200 -$400 -$547 -$600 2Q20 3Q20 Hold-Normalized Adj. Prop. EBITDA -$514 -$184 2Q20 3Q20 EBITDA Losses Decreased to $203 Million in Q3, Compared to $547 Million in Q2 Sands 7

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