Capital Change Notice

Capital Change Notice




Section 1: Issuer information
Name of issuer Tourism Holdings Limited
NZX ticker code THL
Class of financial product
Unlisted LTI Options
ISIN (If unknown, check on NZX website)
N/A
Currency
NZD
Section 2: Capital change details
Number issued/acquired/redeemed 365,000
Nominal value (if any) N/A
Issue/acquisition/redemption price per security N/A
Nature of the payment (for example, cash or other consideration) N/A
Amount paid up (if not in full) N/A
Percentage of total class of Financial Products issued/acquired/redeemed/
(calculated on the number of Financial Products of the Class, excluding any
Treasury Stock, in existence)
2.94%
For an issue of Convertible Financial Products or Options, the principal
terms of Conversion (for example the Conversion price and Conversion date
and the ranking of the Financial Product in relation to other Classes of
Financial Product) or the Option (for example, the exercise price and
exercise date)
The Options originally issued
pursuant to the Tourism Holdings
Limited Long Term Incentive Scheme
2017 were not exercised and/or the
terms of vesting were not met. They
have therefore expired pursuant to
the rules of the Scheme.
Reason for issue/acquisition/redemption and specific authority for
issue/acquisition/redemption/ (the reason for change must be identified here)
Expiry of Options under the Tourism
Holdings Limited Long Term Incentive
Scheme 2017.
Total number of Financial Products of the Class after the
issue/acquisition/redemption/Conversion (excluding Treasury Stock) and the
total number of Financial Products of the Class held as Treasury Stock after
the issue/acquisition/redemption.
12,053,000 Unlisted LTI Options
In the case of an acquisition of shares, whether those shares are to be held
as treasury stock
N/A
Specific authority for the issue, acquisition, or redemption, including a
reference to the rule pursuant to which the issue, acquisition, or redemption
is made
Directors’ resolutions.
Terms or details of the issue, acquisition, or redemption (for example:
restrictions, escrow arrangements)
As set out above.
Date of issue/acquisition/redemption 2 April 2026
Section 3: Authority for this announcement and contact person
Name of person authorised to make this announcement Amir Ansari
Contact person for this announcement Amir Ansari
Contact phone number +64 21 163 8053
Contact email address amir.ansari@thlonline.com
Date of release 2 April 2026