INVESTIGATIVE REPORT REGARDING ONGOING SUITABILITY OF WYNN MA, LLC MASSGAMING KKK Coin 5510STABLE OF CONTENTS EXECUTIVE SUMMARY L INTRODUCTION & RELEVANT BACKGROUND INFORMATION .. OVERVIEW OF RELEVANT WYNN-RELATED CORPORATE ENTITIES... STANDARDS FOR SUITABILITY. " “THE IEB’s 2013 SUITABILITY INVESTIGATION OF WYNN, MA LLC woe (CURRENT STATUS OF QUALIFIERS FOR WYNN MA, LLC . ‘THE ComPANY’s EXECUTIVE STAFF 7 OUTSIDE ATTORNEYS Il, SCOPE & METHODOLOGY OF INVESTIGATION... OVERVIEW OF INVESTIGATIONS SCOPE INVESTIGATIVE CHALLENGES POSED BY THE COMPANY INVESTIGATIVE CHALLENGES POSED BY MR. WYNN'S DECISION NOT TO PARTICIPATE IN THE INVESTIGATION.. stn ADDITIONAL INVESTIGATIVE CHALLENGES, ‘Tue IEB INVESTICATION REVEALS CONSISTENT THEMES . SUMMARY OF REMEDIAL MEASURES IMPLEMENTED BY THE COMPANY ILL. THE COMPANY'S PERSONNEL POLICIES ‘A. THE COMPANY'S “ZERO TOLERANCE” SEXUAL HARASSMENT POLICY.. 'B. THE COMPANY'S PERSONAL RELATIONSHIPS POLICY C._ THE COMPANY'S CODE OF BUSINESS CONDUCT AND EI THE 2005 SETTLEMENT ... >moA p> =mS opp ‘A. AMANICURIST’S ALLEGATION OF RAPE BY MR. WYNN 1S REPORTED TO MARC SCHORR, THE PRESIDENT & CEO OF WYNN LAS VEGAS AND THE COO OF WYNN RESORTS 1926 B. CHIEF HUMAN RESOURCES OFFICER ARTHUR NATHAN HAS KNOWLEDGE OF THE 2005 RAPE ALLEGATION. 31 C. -A$7.5 MILLION SETTLEMENT Is QUICKLY REACHED AND STRUCTURED Fon Utost SECRECY 32 D. THE ComPANY’S GENERAL COUNSEL MARC RUBINSTEIN LEARNS OP THE SETTLEMENT AND MAKES INQUIRIES E, THE COMPANY FAILS TO FOLLOW COMPANY POLICY ON SEXUAL HARASSMENT F, NOONE AT'THE COMPANY OFFERS ANY EXPLANATION TO SALON EMPLOYEES ABOUT “AMY"S™ ABRUPT DEPARTURE FROM HER JOB... G._ NOONE AT THE COMPANY INFORMS THE BOARD OF DIRECTORS IN 2005 OF THE SETTLEMENT 1H. THE Company Does Nor DISCLOSE THE SETTLEMENT TO THE NGCB IN 2005 Y. THE 2006 SETTLEMEN' $975,000. BB. 1N2006, CHEF HUMAN RESOURCES OFFICER ARTHUR NATHAN AND GENERAL COUNSEL OF WYNN LAS VEGAS KEVIN TOUREK HAVE KNOWLEDGE OP AN ALLEGATION BY A FORMER EMPLOYEE THAT SHE WAS “WRONGFULLY ENGAGED IN A SEXUAL RELATIONSHIP" WITH MR. WYNN 32VI. THE 2008 SETTLEMENT. VII. IN 2009, ELAINE WYNN LEARNS OF THE 2005 MULTI-MILLION DOLLAR SETTLEMENT AND RAPE ALLEGATION AGAINST MR. WYNN. 'A._ ELAINE WYNN LEARNS OF THE 2005 SETTLEMENT AND UNDERLYING RAPE ALLEGATION 0 B._ Ms. WYNN TELLS INVESTIGATORS THAT SHE SPOKE WITH ATTORNEY SINATRA IN 2009 ABOUT THE ‘SETTLEMENT, INCLUDING THE RAPE ALLEGATION <7 C. ATTORNEY SINATRA CONTRADICTS MS, WYNN REGARDING OBTAINING KNOWLEDGE OF THE 2003 ‘SETTLEMENT AND UNDERLYING RAPE ALLEGATION... 81 1D. SUMMARY OF DISPUTE BETWEEN ATTORNEY SINATRA AND MS, WYNN FROM THE 2009-2012 TIME PeRioo. 34 VIN, THE 2013 SUITABILITY REVIEW OF WYNN MA, LLC AND ITS CORRESPONDING ‘QUALIFIERS.. 6 IX. EVENTS IN 2014-201: cy A, THE2014 SETTLEMENT. 92 B. THE THREE 2014-2015 SPa COMPLAINTS. 98 X. EVENTS IN 2016. sonoma HS ‘A. 12016, THE 2005 SETTLEMENT BECOMES PART OF THE ONGOING OKADA LITIGATION vsoooones113 B._ INOCTOBER 2016, FORMER GENERAL COUNSEL FOR WYNN RESORTS KIMMARIE SINATRA AND GENERAL COUNSEL FOR WYNN LAS VEOAS STACIE MICHAELS RECEIVE A LETTER MEANT FOR MR. WYNN CONTAINING REFERENCES TO SEXUAL HARASSMENT AND SEXUAL MISCONDUCT 124 CC. THE COMPANY REPORTS A LAWSUIT CONTAINING SERIOUS ALLEGATIONS AGAINST BOARD (MEMBER RAY IRANI TO THE NGCB, BUT NOT TO THE MGC 127 XI. EVENTS IN 2017. sone 32 A, DETAILS ABOUT ALLEGATIONS AGAINST MR. WYNN COME 70 LIGHT DURING THE DISCOVERY PROCESS IN THE OKADA LITIGATION. 132 B, ULTIMATELY, THE COMPANY RESISTS MR, WY\N'S REQUESTS TO CHANGE ITS ZERO TOLERANCE POLICY ON SEXUAL HARASSMENT sn - 135 XIL EVENTS IN 2018. sone 2 A. INTHE WEEKS LEADING UP TO THE PUBLICATION OF THE WS) ARTICLE, MICHAEL WEAVER, CHIEF MARKETING OFFICER FOR THE COMPANY, ADVISES EMPLOYEES NOT TO RESPOND 70 REPORTERS, ‘AND EXECUTIVES DO NOT LAUNCH AN INQUIRY OF THEIR OWN. 2 B. THE ComPANY FOCUSES ON GETTING THE WSJ ARTICLE “KILLED,” AND Does Not NoTIFY [REGULATORS THATIT MIGHT RUN 144 C,THE COMPANY RELEASES A STATEMENT TO EMPLOYEES THE SAME DAY THE WS) ARTICLE IS PUBLISHED 145 D. MR. WYNN CONTINUES TO LIVE ON COMPANY PROPERTY AND TRIES TO RALLY SUPPORT FOR HIMSELF FROM EMPLOYEES sano 47 E, ALLEGATIONS ARE MADE BY A FORMER EMPLOYEE OF SEXUAL MISCONDUCT BY MR. WYNN AND AN (OFFER OF A BRIBE/"HUSH MONEY" BY MR. WYNN ANDMR, MADDOX soso 149 P. MR. WYNN STEPS DOWN A$ CEO AND CHAIRMAN OF THE BOARD 158 G, THE SPECIAL COMMITTEE COMMENCES AN INTERNAL INVESTIGATION 160 H._ THE SPECIAL COMMITTEE'S INVESTIGATORY FINDINGS AND RECOMMENDATIONS 168 1. THE COMPANY IMPLEMENTS REMEDIAL MEASURES . 168