3Q20 Earnings Call Presentation

Current Operating Status: Recovery Process Continuing in Each of Our Markets ☐ Macao: Our gaming and non-gaming operations in Macao are open, as was the case throughout 2Q20 and 3Q20 The low levels of revenue generated in 3Q20 reflect meaningfully reduced visitation to the market Beginning in September 2020, eligible travelers residing in Mainland China were allowed to apply for visas under the Individual Visit Scheme ('IVS') ○ Travelers from Mainland China must obtain both of the following to enter Macao: • A visa A negative COVID-19 test result Increasing the number of visas available through the IVS and other visa programs, and the streamlining of testing procedures, will be important for the recovery Singapore: On July 1st, 2020, the Casino at MBS re-opened to Sands Rewards Club members, Paiza Club members and Annual Levy Holders Guest suites at MBS re-opened during 3Q20 Reduction in international travel restrictions and increasing airlift into Singapore will be important for the recovery Las Vegas: Our Las Vegas operations re-opened on June 4th, 2020 The return of group business and increased airlift to the Las Vegas market will be important for the recovery Sands 4

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