WYNN: Material agreement · Company disclosure

Item 1.01 Entry into a Material Definitive Agreement. On July 21, 2026 (July 22, 2026 Hong Kong time), the Macau Special Administrative Region of the People’s Republic of China (the “Macau Government”) published in the Official Gazette of Macau an amended and restated land concession contract accepted by Palo Real Estate Company Limited ("Palo") and Wynn Resorts (Macau) S.A. ("Wynn Macau"), each an indirect subsidiary of Wynn Resorts, Limited (the "Registrant") (the “Amended Land Concession Contract”). The Amended Land Concession Contract amends and restates the original land concession contract among Palo, Wynn Macau and the Macau Government published in the Official Gazette of Macau on May 2, 2012 (the “Land Concession Contract”). Pursuant to the Land Concession Contract, Palo leases 51 acres of land in the Cotai area of Macau (the “Cotai Land”) from the Macau Government for an initial term of 25 years from May 2, 2012 until May 1, 2037, with the right to renew for additional periods, subject to applicable legislation. The Land Concession Contract also requires that Wynn Macau, as a gaming concessionaire, operate and manage gaming operations on the Cotai Land. The Amended Land Concession Contract permits Palo and Wynn Macau to expand Wynn Palace to develop a new five-star hotel, a theater and an event and entertainment center on the Cotai Land (the “Expanded Resort”). The Macau Government has allocated Palo a maximum of 60 months from the date of publication of the Amended Land Concession Contract to complete development of the Expanded Resort on the Cotai Land. Palo is required to pay the Macau Government an additional land premium of MOP652.3 million (approximately $80.8 million) as a one-time lump sum payment upon Palo’s acceptance of the conditions of the Amended