Notice of Financial Assistance – Employee Share Bonus

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




10 November 2023

NZX | ASX | MEDIA RELEASE
TOURISM HOLDINGS LIMITED (thl)

NOTICE OF FINANCIAL ASSISTANCE – EMPLOYEE SHARE BONUS

As previously advised, thl recently paid a one-off global bonus of NZ$1,000 (net of tax and certain payroll
deductions) to all eligible permanent employees in recognition of their contributions to thl and thl’s
return to profitability. Eligible employees in New Zealand and Australia received this bonus through the
issuance of new fully paid ordinary shares in thl. Eligible employees in other countries received this bonus
in cash.

In accordance with section 80 of the Companies Act 1993, thl is required to make the following disclosure
in respect of financial assistance provided by thl in connection with the recent issuance of fully paid
ordinary shares (thl Shares) to eligible New Zealand and Australian employees (Eligible Employees) of thl
and its subsidiaries (the Offer).

Under the Offer:
• each Eligible Employee was offered 296 thl Shares;
• the thl Shares were issued to Eligible Employees for no consideration (whether by way of cash,
ongoing employment or otherwise); and
• the issue of thl Shares gave rise to liabilities relating to tax and certain payroll deductions for each
Eligible Employee (Liabilities). The Liabilities were paid by thl or the relevant group company on behalf
of each Eligible Employee. The payment of the Liabilities constitutes “financial assistance” (Financial
Assistance).

The details of the Financial Assistance provided by thl are as follows:

Shares in respect of which the Financial
Assistance was provided
383,024 fully paid ordinary shares in thl (in
aggregate)
Consideration paid for the Shares Nil
Recipients of the Financial Assistance







Eligible permanent employees in New Zealand
and Australia

Nature and amount of Financial Assistance The aggregate amount of the Financial
Assistance was NZ$660,736
ENDS
Authorised by:

Grant Webster
Chief Executive Officer, Tourism Holdings Limited

Direct Dial: +64 9 336 4255
Mobile: +64 21 449 210

About thl (www.thlonline.com)

thl is a global tourism operator listed on the NZX and ASX (code: THL) and is the largest commercial RV rental operator in the
world. In November 2022, thl merged with Apollo Tourism & Leisure, creating a multi-national, vertically integrated RV
manufacturing, rental, and retail business spanning motorhomes, campervans and caravans. thl also operates tourism adventure,
travel technology, and commercial vehicle manufacturing businesses.

In New Zealand/Australia, thl operates rental brands (Maui, Britz, Apollo, Mighty, Hippie, Cheapa Campa), manufacturing (Action
Manufacturing, Apollo), retail brands (Talvor, Kea, Winnebago, Adria, Coromal, Windsor), retail dealerships (RV Super Centre,
Apollo RV Sales, Kratzmann, George Day, Sydney RV, E-Camperco), travel technology (TripTech) and tourism attractions (Kiwi
Experience and the Discover Waitomo Group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui Cave and The
Legendary Black Water Rafting Co.). In North America, thl operates the Road Bear RV, El Monte RV, CanaDream, Britz and Mighty
rental brands. In UK and Europe, thl operates the Just go, Apollo and Bunk Campers rental brands.