Sands China Holds Golden Age Navigation Ceremony for Team Members

Celebrates and recognises team members beginning their next stage in life

(Macao, August 9, 2021) – Sands China Ltd. honoured a group of more than 180 long-serving elderly team members in the company's popular Golden Age Programme at a July 28 Golden Age Navigation Ceremony at The Venetian^® Macao.

Introduced last year, the voluntary programme shows appreciation to elderly team members who are ready to begin a new chapter of their lives, providing them with a wide range of post-career benefits.

Team members have shown enthusiasm for joining the benefits scheme. A total of 540 Sands China team members have signed up to date, representing 60 per cent of all those eligible for the programme.

"Our elderly team members have made tremendous contributions to the company's development, and some of them have served Sands China for as long as 10 or even 15 years during the prime of their lives," said Dr. Wilfred Wong, president of Sands China Ltd. "With the Golden Age Programme, we hope to reward their devoted service as they move on with enthusiasm to the next phase of their lives. We are happy to know that they will continue to be members of the Sands China family, and I wish them a new set of successes in this fresh chapter of their journey."

Representing the company's latest innovation in human resource management, the Golden Age Programme is an award-winning programme that offers an attractive combination of short-term, long-term and lifetime benefits to help team members navigate their post-career transitions. The programme's honours include recognition by the 2020 Greater China Employer Branding Creativity Awards – Best Innovative Employee C&B Program, and the "Gold Award of Human Resource Management Outstanding Business Value Creation Enterprise" at the 2020 National Human Resource Management (Service) Innovation Competition.

The latest group of programme participants will undergo a three-month transition period, during which they will enjoy a lighter roster with their working hours reduced by half, and a fixed work schedule. After completing the transition period, team members receive a one-time special Golden Age Fund cash reward and are entitled to 100 per cent of their company Provident Fund. They then begin receiving a Golden Age allowance in 18 monthly instalments and get complimentary annual health check-ups for four years.

They also automatically become lifetime members of the Sands Golden Age Club, which gives them a variety of lifelong discounts and benefits on par with those of Sands China team members. These include discounts at company-owned food and beverage outlets, shops, ferries and hotels, as well as for events like concerts. They have free access to activities like leisure classes and health talks, and also benefit from Sands Cares Ambassador community outreach events, such as by receiving invitations to enjoy accompaniment to various company-sponsored events.

Programme participant Pou Cheng Chio said: "Having joined the Golden Age programme, I am now able to look after my grandchildren and enjoy more quality time with my family. I am happy that I could catch up with previous workmates during the event, and that my department heads expressed their appreciation and care to us. I'm very moved to be able to continue to be part of the Sands China family."

The July 28 Golden Age Navigation Ceremony marked the completion of the group's transition period, and included lucky draws and a personalised souvenir – a framed photo of each team member, taken at individual photo shoots where they had their photographs taken professionally at their choice of attractions at Sands China properties. They also received a specially designed company souvenir vest.

Photo caption: Sands China Ltd. honours a group of more than 180 long-serving elderly team members in the company's popular Golden Age Programme at a July 28 Golden Age Navigation Ceremony at The Venetian Macao. The voluntary programme shows appreciation to elderly team members who are ready to begin a new chapter of their lives, providing them with a wide range of post-career benefits.

Photo caption: Sands China Ltd. President Dr. Wilfred Wong speaks to a group of more than 180 long-serving elderly team members in the company's popular Golden Age Programme at a July 28 Golden Age Navigation Ceremony at The Venetian Macao. The innovative and award-winning programme offers an attractive combination of short-term, long-term and lifetime benefits to help team members navigate their post-career transitions.