Tourism Holdings Limited · NZX:THL
Tourism — Tourism Holdings Rentals — Shareholder Meeting (October 2025)
22 slides from Tourism's shareholder meeting presentation, Oct 24, 2025
Slide 1: 2025 Annual Meeting
For personal use only 2025 ANNUAL MEETING 24 OCTOBER 2025
Slide 2: Welcome
2025 ANNUAL MEETING 2 For personal use only Welcome Cathy Quinn ONZM Chair
Slide 3: Proxies and postal votes
2025 ANNUAL MEETING 3 Proxies and postal votes • Valid proxy and postal votes: 94.4 million For personal use only • Proxy and postal votes as a percentage of ordinary shares on issue: 42.7% • Proxies received appointing the Chair of the meeting as proxy: 82.7 million
Slide 4: Agenda
2025 ANNUAL MEETING 4 Agenda • Welcome and agenda For personal use only • Chair’s address • Chief Executive’s address • Resolutions • Q&A • General business
Slide 5: Chair's Address
2025 ANNUAL MEETING 5 For personal use only Chair’s Address Cathy Quinn ONZM Chair
Slide 6: Waitomokia: A Rebuilding Story
2025 ANNUAL MEETING 6 For personal use only Waitomokia A Rebuilding Story Click here to view the video
Slide 7: Reflections on FY25
2025 ANNUAL MEETING 7 Reflections on FY25 • Another challenging year in which thl did not achieve its 15% Return on Funds Employed (ROFE) target For personal use only • Broader challenges across the entire RV industry, in what are thought to be the most difficult industry conditions in decades and w
Slide 8: Focused on the Future
2025 ANNUAL MEETING 8 Focused on the Future • Release of the growth roadmap, including resetting the goal to deliver $100M in annualised NPAT in the next three to four years For personal use only • Recognition of continued global uncertainty, challenging macroeconomic conditions and persisting infla
Slide 9: NBIO from BGH Consortium
2025 ANNUAL MEETING 9 NBIO from BGH Consortium • In June 2025 we received a non-binding indicative offer to acquire thl from a consortium comprising BGH Capital and the Trouchet For personal use only family interests • A thorough process was undertaken with support from financial and legal advisers
Slide 10: CEO's Address
2025 ANNUAL MEETING 10 For personal use only CEO’s Address Grant Webster CEO & Managing Director
Slide 11: FY25 Summary
2025 ANNUAL MEETING 11 FY25 Summary 12 MONTHS TO 30 JUNE 2025 • Underlying net profit after tax of $28.7 million, down 45% on the prior year, and a statutory net loss after tax of $25.8 million RETURN ON For personal use only ADJUSTED AVERAGE PERIOD END $M NZD FUNDS reflecting several one-off items1
Slide 12: Key Achievements Over the Year
2025 ANNUAL MEETING 12 Key Achievements Over the Year For personal use only Streamlined Australian Conducted a New rental and sales Manufacturing through comprehensive back-of- branches in Auckland, consolidation of the house review, sharing Sydney, and Perth Melbourne factory into global best pract
Slide 13: Growth in International Tourism and RV Rentals
2025 ANNUAL MEETING 13 Growth in International Tourism and RV Rentals FLEET RECOVERY VS INTERNATIONAL TOURISM RECOVERY For personal use only INTERNATIONAL VISITOR THL FLEET SIZE ARRIVALS • ANZ: Fleet recovery is trailing the rebound in international visitor volumes, Latest Month in 2025 vs As at 30
Slide 14: Key Strategic Initiatives
2025 ANNUAL MEETING 14 Key Strategic Initiatives For personal use only UK & IRELAND AUSTRALASIAN MANUFACTURING AUSTRALIAN RETAIL SALES NORTH AMERICA • thl has been conducting a • thl has been taking actions to • The Australian Retail Sales • thl is focused on delivering to strategic review of its UK
Slide 15: Trading Update and Outlook
2025 ANNUAL MEETING 15 Trading Update and Outlook (compared to prior period) • We remain heavily focused on executing the • USA high season revenue declined by a high single-digit percentage, largely due to softer international inbound demand. The impact on RevPARV was mitigated by a smaller high- F
Slide 16: Formal business
2025 ANNUAL MEETING 16 For personal use only Formal business Cathy Quinn ONZM Chair
Slide 17: Resolutions
2025 ANNUAL MEETING 17 Resolutions Resolution 1 For personal use only Re-election of Rob Hamilton That Robert David Hamilton, who retires by rotation and is eligible for re- election, be re-elected as a Director of the Company Resolution 2 Auditor Remuneration That the Directors are authorised to fi
Slide 18: Proxy Votes
2025 ANNUAL MEETING 18 Proxy Votes RESOLUTION 1: RESOLUTION 2: For personal use only RE-ELECTION OF AUDITOR ROB HAMILTON REMUNERATION Postal and online votes already cast For 92,630,343 92,490,001 Against 44,964 57,819 Abstain 38,639 170,552 Votes appointed to 1,762,449 1,758,023 proxies not yet cas
Slide 19: Q&A
2025 ANNUAL MEETING 19 For personal use only Q&A Cathy Quinn ONZM Chair
Slide 20: General business
2025 ANNUAL MEETING 20 For personal use only General business Cathy Quinn ONZM Chair
Slide 21: For personal use only
For personal use only 2025 ANNUAL MEETING
Slide 22: Disclaimer
2025 ANNUAL MEETING Disclaimer This presentation contains This presentation has been performance information given This presentation does not take For personal use only forward-looking statements and prepared for publication in New in this presentation is given for into account any specific projecti
Tourism Holdings Rentals — Shareholder Meeting (October 2025) on 6ix