Studio City International Holdings Limited announced the expiration of the early tender period and results of early tender of its previously announced cash tender offer for up to an aggregate principal amount of US$100 million of its outstanding 6.000% senior notes due 2025 (ISIN: US86389QAE26 and USG85381AE48) (the ?Notes? and such tender offer, the ?Tender Offer?) as described in the Offer to Purchase dated April 8, 2024 (the ?Offer to Purchase?). Capitalized terms used in this announcement but not defined herein have the meanings given to them in the Offer to Purchase.

The early tender period expired at 5:00 p.m., New York City time, on April 19, 2024 (the ?Early Tender Date?). At the Early Tender Date, valid tenders had been received (and not validly withdrawn) with respect to US$307,150,000 aggregate principal amount of the Notes. connection with expiration of the early tender period, Studio City Finance also announces it is increasing the Maximum Tender Amount to US$100,029,000.

Subject to the General Conditions set out in ?The Offer?Conditions to the Offer? in the Offer to Purchase having been satisfied or otherwise waived by Studio City Finance, as the case may be, Studio City Finance expects to accept for purchase the Notes that were validly tendered (and not validly withdrawn) pursuant to the Tender Offer by the Early Tender Date for a combined aggregate principal amount equal to USD 100,029,000 (the ?Accepted Amount?). The settlement for the Notes accepted by Studio City Finance in connection with the Early Tender Date is expected to take place on April 24, 2024 (the ?Early Payment Date?).

The amount of Notes that is to be purchased on the Early Payment Date will be determined in accordance with the proration procedures described in the Offer to Purchase, subject to the Accepted Amount. It is expected that the Notes shall be accepted subject to a proration factor of approximately 33.7%.