SJM Resorts, S.A. ("SJM") is one of the six concessionaires in Macau, authorised by the Government of the Macau Special Administrative Region to operate casinos and gaming areas. SJM is also the only casino gaming concessionaire with its roots in Macau. SJM owns and operates the Grand Lisboa Palace Resort, the Grand Lisboa hotel and casino, as well as other casinos located in prime locations in Macau. The Company's operations cater to a wide spectrum of patrons, with casino gaming, leisure entertainment and hospitality services including fine and casual dining and luxury accommodation. The Grand Lisboa Palace, SJM's integrated resort on Cotai, opened its doors to the public on 30 July 2021. In the initial phase opening, the resort offers luxury hotel rooms and suites, fine and casual dining, gaming, shopping, wellness and spa facilities and events spaces. THE KARL LAGERFELD hotel tower was added to the resort's diversified offerings on 3 December 2021. Additional features to be inaugurated include the hotel tower Palazzo Versace Macau, as well as more facilities for meetings and conferences, shopping and dining.