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The Star Entertainment Group Limited Board

Bruce-Mathieson-Jnr

Bruce Mathieson Jnr

Chairman, Non-Executive Director

Steve-McCann-Porthole

Steve McCann

Group Chief Executive Officer and Managing Director

Peter-Hodgson-Porthole

Peter Hodgson

Independent Non-Executive Director

Soo-Kim-Porthole

Soo Kim

Non-Executive Director

George-Papanier-Porthole-2

George Papanier

Non-Executive Director

Toni-Thornton

Toni Thornton

Independent Non-Executive Director

Don-Pasquariello-Porthole

Don Pasquariello

Board Observer

Board and Committees

The Star Board has established four standing committees being the Audit Committee, Culture, People & Remuneration Committee, Risk & Compliance Committee and the Nominations Committee. The Charters of the Committees are set out below.

Charters

The Charters for the Board and each of its standing Committees are set out below.

Bruce Mathieson Jnr

With over 30 years of experience in the hotel, hospitality and gaming industries, Bruce commenced as an Observer on The Star Board on 1 September 2025.

He is currently Director and CEO of Bruce Mathieson Group and a Director of Ord Minnett Investment Limited.

Mr Mathieson is a former non-executive director of ASX listed Endeavour Group Limited and also, among other roles, was the CEO of ALH Group for over 11 years, during which he led the successful merger with Endeavour Drinks to form Endeavour Group in 2019 and the demerger of Endeavour Group and Woolworths in 2021.

Bruce Jnr will join The Star board as a nominee of Investment Holdings Pty Limited (IH), which is the Company’s largest shareholder.

He has a Bachelor of Commerce, from Bond University.

 

Steve McCann

Steve’s career spans finance, real estate development and investment, leisure and gaming over three decades.

As well as being recognised for his extensive executive and leadership experience, Steve is highly regarded by key industry and government stakeholders for his recent leadership of Crown Resorts where he set the organisation on a strong path of operational and cultural reform after joining as CEO in 2021.

Prior to joining Crown he spent 12 years as CEO of the global Lendlease business, with his success in the role positioning him as one of the country’s most effective and respected leaders.

Before being appointed as Group CEO of Lendlease, he was Group Finance Director and Chief Executive Officer of Lendlease’s Investment Management business, roles which drew on his 15 years of experience at ABN AMRO and Bankers Trust where he held senior leadership roles spanning property, funds management, investment banking and capital markets transactions.

Steve began his career as a mergers and acquisitions lawyer at Freehills after graduating from Monash University in Melbourne with a Bachelor of Laws and a Bachelor of Economics.

Peter Hodgson

Independent Non-Executive Director

Peter is an experienced director with extensive global financial services experience and a strong business track record. He is a strategic thinker with in-depth experience in large complex companies.

Peter recently stepped down as Chair of ASX-listed Judo Bank, remaining as senior independent director. He is Chair of Centre of Evidence and Implementation, Chair of Significant Capital Ventures Ltd and is also a director of Planum Capital. He is a member of the University of Melbourne’s Trinity College Investment Management Committee and a member of the advisory board of Drummond Capital Partners.

Peter previously held senior executive roles in Australian and global financial institutions including Chief Risk Officer and Group Managing Director Institutional at ANZ, and was most recently Chief Executive Officer and Managing Director of Myer Family Investments.

Soo Kim

Mr. Kim was appointed to the Board on 28 November 2025.

He is the Chairman of Bally’s Corporation and has served as an independent Director since 2016.

He is the founding partner of investment firm Standard General and is the firm’s Managing Partner and Chief Investment Officer.

Mr. Kim has been investing in special situations strategies since 1997, starting at Bankers Trust Company, as a Principal at Och-Ziff Capital Management, and a Partner at Cyrus Capital Management. 

He is currently a Director of Intralot SA (GA:INLOT), Pursuit (fka Coalition for Queens), Vice Chairman and Director of the Cary Institute of Ecosystem Studies and Director and former President of the Stuyvesant High School Alumni Association.

In addition to this, Mr. Kim is a former member of the Board of Directors of Greektown Superholdings and Media General, Inc., and the Board of Managers of ALST Casino Holdco.

 

George Papanier

George was appointed to the Board on 28 November 2025.

Geoge is President and CEO of Bally’s Corporation, beginning his association with Bally’s in 2004 as the Chief Operating Officer. He also is a member of the Bally’s Corporation Board of Directors.

Prior to joining Bally’s, George served in the same capacity for Peninsula Gaming with properties in Iowa and Louisiana, from 2000-2004 and as COO for Resorts Casino Hotel in Atlantic City, New Jersey from 1997 – 2000.

Both positions involved strategic and tactical planning for the resorts and supervision of major renovation and construction projects. He was also active in evaluating potential acquisitions and development of projects for the two organizations.

From 1995-1997 George was CFO for both Sun International Hotels Limited in the Bahamas and Mohegan Sun Casino in Uncasville, CT.

Earlier in his career he served in executive operations capacities of Hemmeter Enterprises in Denver, CO and in an executive financial capacity for Trump Plaza Hotel and Casino in Atlantic City.

George is a graduate of Rowan University where he received a B.A. in Business Administration and Accounting.

He is a Certified Public Accountant and served as Treasurer of the Casino Association in New Jersey in 1999-2000.

Toni Thornton

Independent Non-Executive Director

Toni was appointed to the Board on 17 October 2023.

Toni is an experienced executive with more than 15 years’ corporate finance and strategic advisory experience, and 13 years’ experience in audit at Board-level.

Toni brings a strategic commercial focus and experience in regulated industries including financial services and education, as well as strong financial acumen, and diverse enterprise risk and capital projects experience.

Toni is currently a Non-Executive Director of G8 Education Limited and Habitat Early Learning.

She was previously Non-Executive Director of CS Energy (a Queensland Government energy company), and significant private companies including Millovate Pty Ltd (a beneficial enterprise established to manage development of a major precinct in the Moreton Bay Priority Development Area), South Bank Corporation (the development and management authority for Brisbane’s South Bank precinct), Devcorp, Gallipoli Medical Research Foundation and Triathlon Queensland.

Prior to embarking on her Board career, Toni had an executive career, holding senior roles with JBWere, Goldman Sachs JBWere, and National Australia Bank.

Don Pasquariello

Don joined The Star on Tuesday 11 November 2025 as an observer to the Board pending receipt of all regulatory and ministerial approvals.
He has over 40 years’ experience in audit, assurance and professional services, including as senior Client Service Partner with Deloitte and KPMG.

Don has worked in geographically diverse and complex operating environments and partnered with some of Australia’s largest listed companies in the property, construction, infrastructure, entertainment, hospitality and healthcare sectors.

Don is an experienced Director and is currently the Chair of the Oliver Hume Property Group of Companies and an Advisory Board Director of the Villawood Properties Group. He is also a Director of St Vincents Institute of Medical Research Limited and a Director of Jesuit Education Australasia Limited.

Craig Dumas He/Him

Gaming Operations Manager/ Proud@TheStar Co-Lead
2024 Network Leader of the Year

Tell Us about yourself.

I joined Proud (formerly known as Spectrum) in 2017 and officially assumed the Co-Lead role in November 2021. I have been part of the company for over 21 years, serving in various capacities.

Why did you join Proud@TheStar?

My journey with Spectrum/Proud began during the marriage plebiscite, a time that placed the LGBTQI+ communities under intense scrutiny. The narrative was often harmful and derogatory, particularly from certain media and public spheres.

My involvement was driven by a deep-seated commitment to be a beacon of support and positivity for those in need. The power of visibility is profound, especially for individuals from diverse backgrounds. Witnessing allies and LGBTQI+ members who embraced their identity with openness and pride inspired me to be true to myself. In turn, I aspired to be that source of encouragement and affirmation for others, fostering an environment where authenticity is celebrated and safeguarded. 

In your opinion, what was your most significant achievement as Co-Lead of Proud@TheStar?

There are so many to list, but I have three achievements that stand out.

The first was being involved with our first-ever successful AWEI Gold Employer status. It was such a fantastic recognition of what Proud and The Star have achieved (and we smashed the previous year’s score, which made it even better).

Secondly, I was invited to help reintroduce a team member who was affirming their gender to their department. It was an absolute joy to see the collaboration from all the stakeholders and how their team welcomed them with open arms. Seeing a person’s growth and change since they affirmed has been remarkable and is the perfect story of how allowing people to be their authentic selves really does create a positive impact.

And lastly, of course, winning Network Leader of the Year and Employer of the Year at the 2024 Australian LGBTQ+ Inclusion Awards.

What does winning Network Lead of the Year mean to you?

I cried. That’s the Piscean in me. In all seriousness, though, I was really honoured to be nominated and a finalist. So, when my name was announced, I was utterly shocked! Without the dedication of the Proud team, we would never have been able to achieve what we had. Being able to co-lead a group of passionate and driven people is an absolute pleasure, and they are what fuelled me to keep going, even when it did get a little tough.

What do we do best here at the Star in terms of D&I?

We involve everybody and create a safe and inclusive work culture. Our PVP shows that we are serious about embedding D&I into our business.

What advice can you give as an outgoing Co-Lead?

Allyship is a crucial part of transforming conversations. Even for those who identify as LGBTQI+, we can still be allies for others within the community. Alarming laws and legislation have been passed in other countries that can significantly impact people’s lives. As a business, The Star is ahead of many in our industry in terms of diversity and inclusion, but there’s still a lot to do. The Trans and gender-diverse communities are starting to feel vulnerable, so let’s continue to work on making The Star a safe and inclusive place for everyone, esp., for trans and gender-diverse team members.

Craig Dumas He/Him

Gaming Operations Manager/ Proud@TheStar Co-Lead
2024 Network Leader of the Year

Tell Us about yourself.

I joined Proud (formerly known as Spectrum) in 2017 and officially assumed the Co-Lead role in November 2021. I have been part of the company for over 21 years, serving in various capacities.

Why did you join Proud@TheStar?

My journey with Spectrum/Proud began during the marriage plebiscite, a time that placed the LGBTQI+ communities under intense scrutiny. The narrative was often harmful and derogatory, particularly from certain media and public spheres.

My involvement was driven by a deep-seated commitment to be a beacon of support and positivity for those in need. The power of visibility is profound, especially for individuals from diverse backgrounds. Witnessing allies and LGBTQI+ members who embraced their identity with openness and pride inspired me to be true to myself. In turn, I aspired to be that source of encouragement and affirmation for others, fostering an environment where authenticity is celebrated and safeguarded. 

In your opinion, what was your most significant achievement as Co-Lead of Proud@TheStar?

There are so many to list, but I have three achievements that stand out.

The first was being involved with our first-ever successful AWEI Gold Employer status. It was such a fantastic recognition of what Proud and The Star have achieved (and we smashed the previous year’s score, which made it even better).

Secondly, I was invited to help reintroduce a team member who was affirming their gender to their department. It was an absolute joy to see the collaboration from all the stakeholders and how their team welcomed them with open arms. Seeing a person’s growth and change since they affirmed has been remarkable and is the perfect story of how allowing people to be their authentic selves really does create a positive impact.

And lastly, of course, winning Network Leader of the Year and Employer of the Year at the 2024 Australian LGBTQ+ Inclusion Awards.

What does winning Network Lead of the Year mean to you?

I cried. That’s the Piscean in me. In all seriousness, though, I was really honoured to be nominated and a finalist. So, when my name was announced, I was utterly shocked! Without the dedication of the Proud team, we would never have been able to achieve what we had. Being able to co-lead a group of passionate and driven people is an absolute pleasure, and they are what fuelled me to keep going, even when it did get a little tough.

What do we do best here at the Star in terms of D&I?

We involve everybody and create a safe and inclusive work culture. Our PVP shows that we are serious about embedding D&I into our business.

What advice can you give as an outgoing Co-Lead?

Allyship is a crucial part of transforming conversations. Even for those who identify as LGBTQI+, we can still be allies for others within the community. Alarming laws and legislation have been passed in other countries that can significantly impact people’s lives. As a business, The Star is ahead of many in our industry in terms of diversity and inclusion, but there’s still a lot to do. The Trans and gender-diverse communities are starting to feel vulnerable, so let’s continue to work on making The Star a safe and inclusive place for everyone, esp., for trans and gender-diverse team members.

2016 SHARE SALE FACILITIES

The Star Entertainment Group announced on 5 April 2016 share sale facilities that provided eligible small shareholders the opportunity to sell their shares without incurring any brokerage or handling costs.

Participation in the separate share sale facilities were open to eligible shareholders whose registered address was in Australia or New Zealand as at 7.00pm (Sydney time) on 29 March 2016 (Record Date) and who were:

  1. registered holders of less than a marketable parcel of shares (i.e. less than $500 worth of shares on the Record Date) (Small Holding Sale Facility); or
  2. registered holders of 5,000 or less shares (but held at least $500 worth of shares) on the Record Date (Voluntary Share Sale Facility).

On 5 April 2016, eligible shareholders were sent a letter together with a Share Retention Form (for the Small Holding Sale Facility) or a Sale Instruction Form (for the Voluntary Share Sale Facility), and Terms and Conditions for the relevant share sale facility.

Both share sale facilities closed at 5:00pm (Sydney time) on 17 May 2016 (Closing Date).

All participants who had their SGR shares sold under either the Small Holding Sale Facility or the Voluntary Share Sale Facility received the same average price of $5.51 per share, which was calculated by dividing the total proceeds from the sale of all SGR shares sold under the facilities by the total number of SGR shares sold under the facilities.

Payment of the sale proceeds were made to participating shareholders on 27 May 2016 in accordance with their payment instructions as recorded on the share register.

Small Holding Sale Facility

The Small Holding Sale Facility was conducted in accordance with The Star Entertainment Group’s Constitution and the Australian Securities Exchange Listing Rules that enables all listed companies to sell shareholdings valued at less than $500 (Unmarketable Parcel).

Based on a share price of $5.68, being the closing price of The Star Entertainment Group (SGR) shares on the Australian Securities Exchange on the Record Date, an Unmarketable Parcel was any holding of 88 shares or less.

Eligible shareholders who wished to retain their Unmarketable Parcel were required to return a Share Retention Form to the share registry by the Closing Date.

Small Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

Voluntary Share Sale Facility

The Voluntary Share Sale Facility was conducted in accordance with Class Order CO 08/10 issued by the Australian Securities and Investment Commission.

Eligible shareholders who wished to sell their shares under the Voluntary Share Sale Facility were required to return a Sale Instruction Form by the Closing Date.

Voluntary Holding Facility Key Dates:

  • 29 March 2016 (7pm) – Record Date
  • 5 April 2016 – Facility Opened
  • 17 May 2016 (5pm) – Facility Closed
  • 27 May 2016 – Payment of sale proceeds and mailing of payment advices

For full details of the Small Holding Sale Facility and the Voluntary Share Sale Facility, please see the ASX Announcement dated 5 April 2016 in the News section of our website.

POST DEMERGER TAX INFORMATION

The demerger of The Star Entertainment Group (formerly known as Echo Entertainment Group Limited) from Tabcorp Holdings Limited (Tabcorp) was implemented on 15 June 2011 by way of Scheme of Arrangement pursuant to the Tabcorp Scheme Booklet dated 15 April 2011 (Demerger).

As part of the Demerger, Tabcorp sought a ruling from the Australian Taxation Office on the taxation implications for shareholders. On 29 June 2011, the Australian Taxation Office issued Class Ruling CR 2011/66, in accordance with the application made by Tabcorp. A copy of the Class Ruling CR 2011/66 can be viewed here.

A Tax Calculator is provided below to assist shareholders in calculating the Australian capital gains tax cost base allocation for Tabcorp shares and The Star Entertainment Group shares. The Tax Calculator is a general guide only and does not constitute tax advice. Shareholders should seek advice from an appropriate professional adviser on the tax implications of the Demerger based on their own individual circumstances.

Click here to download the Tax Calculator
Click here to access information on the Australian Taxation Office website

The Star Entertainment Group
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