Merger update

Tourism Holdings Limited
Tel: +64 9 336 4299
The Beach House
Fax: +64 9 309 9269
Level 1, 83 Beach Road
www.thlonline.com
Auckland City

PO Box 4293, Shortland Street

Auckland 1140, New Zealand




29 July 2022

MEDIA | NZX RELEASE
TOURISM HOLDINGS LIMITED (thl)

MERGER UPDATE

thl advises that it has agreed with Apollo Tourism & Leisure Ltd (ATL) to amend the Scheme
Implementation Deed to extend the final date for satisfaction or waiver (if capable of waiver) of all
conditions precedent to the scheme to 15 October 2022.

In connection with the conditions precedent relating to regulatory approvals, thl and ATL continue to
work with the New Zealand Commerce Commission and Australian Competition and Consumer
Commission on obtaining clearance subject to the previously described proposed divestments to Next
Capital/Jucy Rentals, with a decision expected to be available by late August or early September.

As previously advised, ATL will seek the approval of the Supreme Court of Queensland to update its
shareholders as soon as it is in a position to provide further information on the scheme and the revised
indicative timetable. thl will release this information to the NZX in due course.

ENDS

Authorised by:

Cathy Quinn
Chair, Tourism Holdings Limited

For further information contact:
Grant Webster
thl Chief Executive Officer
Direct Dial: +64 9 336 4255
Mobile: +64 21 449 210
About thl (www.thlonline.com)

thl is a global tourism operator. We are listed on the NZX and are the largest provider of RVs for rent and
sale in Australia and New Zealand, and the second largest in North America. In the USA, we own and
operate the Road Bear RV Rentals & Sales brand and El Monte RV Rentals & Sales. In the UK, thl owns
49% of Just go Motorhomes. Within New Zealand, we operate Kiwi Experience and the Discover Waitomo
group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui Cave and The Legendary Black
Water Rafting Co. thl also owns and operates Action Manufacturing, New Zealand’s largest motorhome
and specialist vehicle manufacturer.