Ongoing Disclosure Notice

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
7 March 2023
Director or senior manager giving disclosure
Full name(s):
Chris Devoy
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
CEO - Action Manufacturing
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Legal and benef icial ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
470,000
Number held in class after acquisition or disposal:
635,000
Current registered holder(s):
Chris Devoy
Registered holder(s) once transfers are registered:
n/a
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:
10 May 2023
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:Nil
Number of financial products to which the transaction related:
165,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
(1) Retention Share Options
(2) Retention Share Rights
(3) Ordinary Shares
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
(1) 76,233 Retention Share Options
(2) 10,000 Retention Share Rights
(3) 13,000 Ordinary Shares
Current registered holder(s):
Chris Devoy
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
7 December 2022
Director or senior manager giving disclosure
Full name(s):
Grant Gareth Webster
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Executive Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI Opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
2,365,000
Number held in class after acquisition or disposal:
2,518,000
Current registered holder(s):
Grant Garet h Webst er
Registered holder(s) once transfers are registered:
N/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
Two
Details of transactions requiring disclosure-
Date of transaction:
1) 10 May 2023
2) 10 May 2023
Nature of transaction:
1) 240,000 Options originally issued
pursuant to the Tourism Holdings
Limited Long Term Incentive Scheme
2017 were not exercised and have
therefore expired pursuant to rules of
the Scheme.
2) Issue of 393,000 LTI options
pursuant to the Tourism Holdings
Limited Long term Incentive Scheme
2017.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:Nil
Number of financial products to which the transaction related:
1) 240,000 LTI Option
2) 393,000 LTI Options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Retention Share Options
2) Share Rights
3) Ordinary Shares
Nature of relevant interest:
Regist ered holder and benef icial
ow ner
For that relevant interest,-
Number held in class:
1) 431,745 Retention Share Options
2) 26,608 Share Rights
3) 2,446,518 Ordinary Shares
Current registered holder(s):
1) Grant Gareth Webster
2) Grant Gareth Webster
3) Grant Gareth Webster and Stephen
David Webster as trustees of the
Denika Family Trust
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:
16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
12 July 2022
Director or senior manager giving disclosure
Full name(s):
Jo Hilson
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Technology Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
71,000
Number held in class after acquisition or disposal:
175,000
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Jo Hilson
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
10 May 2023
Date of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Nature of transaction: N/A
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:nil
Number of financial products to which the transaction related:
104,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/a
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Retention share options
2) Ordinary Shares
3) Share Rights
Nature of relevant interest:
For that relevant interest,-
Number held in class:
1) 51,750 Retention share options
2) 6,765 Ordinary Shares
3) 6,764 Share Rights
Current registered holder(s):
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
9 November 2022
Director or senior manager giving disclosure
Full name(s):
Juhi Shareef
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Responsibility Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
125,000
Number held in class after acquisition or disposal:
217,000
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Juhi Shareef
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:
10 May 2023
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long
term Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:Nil
Number of financial products to which the transaction related:
92,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Share Rights
2) Retention Share options
3) Ordinary Shares
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
1) 5,588 Share Rights
2) 30,836 Retention Share Options
3) 17,353 Ordinary Shares
Current registered holder(s):
Juhi Shareef
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
17 March 2023
* This disclosure replaces the last disclosure notice provided on 13 March 2023
Director or senior manager giving disclosure
Full name(s):
Matthew Harvey
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Operating Officer - New
Zealand

Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
445,000
Number held in class after acquisition or disposal:
564,000
Current registered holder(s):
Mat t hew Harvey
Registered holder(s) once transfers are registered:
N/A
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Details of transactions giving rise to acquisition or disposal

Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:
10-May-23
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:
Nil
Number of financial products to which the transaction related:
119,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Ret ent ion Share Opt ions
2) Share Right s
3) Ordinary Shares
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
1) 133,434 Ret ent ion Share
Opt ions
2) 8,529 Share Right s
3)19,780 Ordinary Shares
Current registered holder(s):
Matthew Harvey
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
24 March 2023
Director or senior manager giving disclosure
Full name(s):
Nicholas Judd
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Financial Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI Opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
1,025,000
Number held in class after acquisition or disposal:
1,270,000
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Nicholas Judd
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: One
Details of transactions requiring disclosure-
Date of transaction:
10 May 2023
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:nil
Number of financial products to which the transaction related:
245,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Retention Share Options
2) Ordinary Shares
3) Share Rights
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
1) 236,421 Retention Share Options
2) 144,505 Ordinary Shares
3) 20,956 Share Rights
Current registered holder(s):Nicholas Judd
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:
16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
6 September 2022
Director or senior manager giving disclosure
Full name(s):
Oliver Farnsworth
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Chief Transformation Officer
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner

For that relevant interest-
Number held in class before acquisition or disposal:
506,667
Number held in class after acquisition or disposal:
647,667
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
Oliver Farnsw ort h
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:
10 May 2023
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the
acquisition or disposal. If the consideration was not in cash and cannot be readily by
converted into a cash value, describe the consideration:Nil
Number of financial products to which the transaction related:
141,000 LTI opt ions
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Ret ent ion Share Opt ions
2) Share Right s
3) Ordinary shares
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
1) 50,448 Ret ent ion Share Opt ions
2) 6,617 Share Right s
3) 111,363 Ordinary Shares
Current registered holder(s):
Oliver Farnsworth
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying
financial products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the
relevant interest in the derivative:

Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all
persons for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person:

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Tourism Holdings Limited
Date this disclosure made:
16 May 2023
Date of last disclosure:
4 November 2022
Director or senior manager giving disclosure
Full name(s):
Steven Hall
Name of listed issuer:
Tourism Holdings Limited
Name of related body corporate (if applicable):
Position held in listed issuer:
Deputy CFO
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
LTI opt ions
Nature of the affected relevant interest(s):
Regist ered holder and benef icial
ow ner
For that relevant interest-
Number held in class before acquisition or disposal:
312,667
Number held in class after acquisition or disposal:
414,667
Current registered holder(s):
N/A
Registered holder(s) once transfers are registered:
St even Grant Hall
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Class of underlying financial products:
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative(if any):
The price specified in the terms of the derivative (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:

Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates:
One
Details of transactions requiring disclosure-
Date of transaction:
10 May 2023
Nature of transaction:
Issue of LTI options pursuant to the
Tourism Holdings Limited Long term
Incentive Scheme 2017.
Name of any other party or parties to the transaction (if known):
N/A
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:Nil
Number of financial products to which the transaction related:
102,000 LTI options
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:
N/A
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
Date of the prior written clearance (if any):
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:
1) Share Rights
2) Ordinary Shares
3) Retention Share Options
Nature of relevant interest:
Registered holder and beneficial
owner
For that relevant interest,-
Number held in class:
1) 7,353 Share Rights
2) 141,335 Ordinary Shares
3) 28,027 Retention Share Options
Current registered holder(s):
Steven Grant Hall
For a derivative relevant interest,-
Type of derivative:
Details of derivative,-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
A statement as to whether the derivative is cash settled or physically settled:
Maturity date of the derivative (if any):
Expiry date of the derivative (if any):
The price's specified terms (if any):
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
For that derivative relevant interest,-
Parties to the derivative:
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of director or officer:
Date of signature:16 May 2023
or
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
Name and title of authorised person: