Slide 1: FY25 Results Presentation
FY25 RESULTS PRESENTATION EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 FITZROY ISLAND | CAIRNS | AUSTRALIA
Slide 2: Disclaimer
DISCLAIMER Summary information This presentation has been prepared by Experience Co Limited (ASX: EXP) contains summary information about EXP and its related bodies corporate and their activities. The information in this presentation is of a general background nature and does not purport to be compl
Slide 3: Agenda
AGENDA BUSINESS UPDATE 4 FINANCIAL UPDATE 9 TRADING UPDATE & OUTLOOK 15 NZONE | SKYDIVE | NEW ZEALAND EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 3
Slide 4: Business Update
BUSINESS UPDATE EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 BAMURRU PLAINS | NORTHERN TERRITORY | AUSTRALIA 4
Slide 5: Financial Highlights
FINANCIAL HIGHLIGHTS FY25 $134.3m +6% PCP (4) $19.3m +34% PCP (4) 0.25 cents $10.0m +26% PCP (4) Sales Revenue Underlying EBITDA(1) Fully Franked Dividend per share Skydiving Underlying EBITDA(1) $2.1m n.m. 9.7c +5% PCP (4) ($10.9m) (9%) PCP (4) $16.0m +14% PCP (4) Underlying net profit after tax (3
Slide 6: Delivering on Strategic Priorities
DELIVERING ON STRATEGIC PRIORITIES Management continued to advance the key strategic priorities outlined at the EXP FY24 AGM FY25 Business Performance Earnings Efficiencies ✓ Revenue growth ✓ Improved site efficiencies Earnings ✓ Underlying EBITDA/EBIT growth ✓ >$2.5m annualised cost savings Optimis
Slide 7: FY25 Business Unit Update
FY25 BUSINESS UNIT UPDATE Improved earnings performance of each Business Unit driven by focus on operating efficiencies and margin REEF UNLIMITED TANDEM SKYDIVING TREETOPS ADVENTURE WILD BUSH LUXURY CORPORATE • Maintained position • Maintained position as • Strong operating • Underlying EBITDA • Str
Slide 8: Macro Tourism Performance
MACRO TOURISM PERFORMANCE EXP operates within strong and recovering tourism markets in Australia and New Zealand Australian Australian New Zealand Domestic International Tourism Tourism Tourism 112m overnight trips(1) 7.7m visitors to Australia(1) 3.4m visitors to New Zealand(2) vs 121m in 2019 vs 9
Slide 9: Financial Update
FINANCIAL UPDATE EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 TREETOPS ADVENTURE | NOWRA | AUSTRALIA
Slide 10: Financial Performance
FINANCIAL PERFORMANCE Strong growth in revenue and underlying earnings reported in FY25 GROUP FINANCIAL OVERVIEW COMMENTARY $ MILLION FY25 FY24 % • Continued improvement in underlying financial performance despite backdrop of challenging economic conditions and weather-related impacts during the REV
Slide 11: Skydiving
SKYDIVING Earnings growth driven by improved volume and site efficiencies COMMENTARY • Revenue growth driven by returning international customer FINANCIAL OVERVIEW volumes; pace of growth varies across sites. Change • Skydive Australia reported total volume growth of +9% vs. $ MILLION FY25 FY24 % PC
Slide 12: Adventure Experiences
ADVENTURE EXPERIENCES Strong growth achieved despite weather disruption COMMENTARY • Segment remained the major contributor to the Group result with growth driven by a strong performance by Treetops FINANCIAL OVERVIEW Adventure. $ MILLION FY25 FY24 Change • Reef Unlimited revenue up +7% vs PCP(1); %
Slide 13: Balance Sheet
BALANCE SHEET EXP’s balance sheet remains well positioned to support continued growth BALANCE SHEET METRICS COMMENTARY $ MILLION 30-JUN-25 30-JUN-24 % • Solid tangible asset backing reflecting EXP’s ownership of its aircraft and vessel fleet, with new Reef Unlimited vessel (Aquarius II) vessel added
Slide 14: Cash Flow
CASH FLOW Improved operating performance generated stronger free cash flows STATUTORY CASH FLOW STATEMENT COMMENTARY $ MILLION FY25 FY24 % • Operating cash flows (+$17.6m): OPERATING CASH FLOWS 17.6 11.5 +53% INVESTING CASH FLOWS (14.9) (10.7) (40%) ‒ Strong conversion of EBITDA into cash as higher
Slide 15: Strategy & Trading Update
STRATEGY & TRADING UPDATE EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 SKYDIVE AUSTRALIA | BYRON BAY | AUSTRALIA 15
Slide 16: FY26 Strategic Priorities
FY26 STRATEGIC PRIORITIES EXP has a clear plan for continued business growth and improved financial performance Focus on free cash flow generation Earnings • Accelerating Skydive Australia earnings recovery • Continued focus on improving site efficiencies and opex/capex management Optimisation • Str
Slide 17: Recent Organic Investments
RECENT ORGANIC INVESTMENTS EXP has a strong recent track record of attractive, high-returning organic reinvestment over recent years REEF PONTOON TREETOPS CANBERRA AQUARIUS II SKYDIVE WANAKA Established leading Great Establishment of Acquisition of additional Enhancement of Parachute Barrier Reef ex
Slide 18: Step-Up in Growth Ambitions in FY26
STEP-UP IN GROWTH AMBITIONS IN FY26 Refocusing the business on growth with recovery in earnings well established and balance sheet strength Marine a key focus vertical with a range of investment opportunities • Established capability in Marine tourism MARINE • Several organic and inorganic opportuni
Slide 19: Trading Update & Outlook
TRADING UPDATE & OUTLOOK FY26 has commenced with strong trading in July JULY 2025 TRADING OUTLOOK • July, a key domestic holiday period, delivered results ahead of PCP(1), with • With a more assured trading pattern and business performance, the Directors unaudited(2) Revenue of $12.4m (PCP(1) :$10.6
Slide 20: Thank You
THANK YOU EXPERIENCE CO LIMITED | FY25 RESULTS | AUGUST 2025 FITZROY ISLAND | CAIRNS | AUSTRALIA 20
Slide 21: www.experienceco.com
EXPERIENCECO . @ @ Skydive 9 CALYPSO = ncermacic AUSTRALIA FITZROYISLAND TSSUCGISSS : DAINTREE fy ‘ Algo, Wilder PNG RRHINE = = Gobice HEH, Sates skypive — organs, www.experienceco.com