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Wynn Palace<br />

Extending the “Wynn Premium” to Cotai<br />

1) Wynn’s Macau Properties Will Cooperate to Maximize Profitability<br />

• Separate property management teams will be incentivized to maximize<br />

profitability of each property<br />

• Consistent commission and re-investment policies Wynn properties<br />

compete based on quality, not price<br />

• Ability to expand key junket relationships<br />

• Costs and service efficiencies shared across both properties<br />

5

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