Slide 1: Results presentation
Results presentation Released 23 February 2026 Half year ended 31 December 2025
Slide 2: Webcast and dial-in details
10:30am (AEDT) 23 February 2026 Webcast Access a webcast of the briefing at: https://webcast.openbriefing.com/evt-hyr-2026/ Dial-in Pre-register at https://s1.c-conf.com/diamondpass/10052847-6tgf43.html After pre-registering you will receive details for the telephone number to call and a unique code
Slide 3: 1H Overview
2 1H Overview Revenue (+5.4%) and normalised EBITDA (+5.5%) 1 1H Rev $683.8m, +5.4% Hotels revenue +5.7%, underlying +10.8% adjusted for temporary works impact at Gold Coast and Queenstown. 1H EBITDA $105.1m, +5.5% Hotels EBITDA $56.0m, +6.0%, underlying +15.6%. Entertainment EBITDA $30.5m, -3.1%, g
Slide 4: 1H Overview
1H Overview Half year ended 31 December 2024 $000 2025 $000 VARIANCE $000 Entertainment Australia and New Zealand 22,208 16,260 (5,948) Germany 9,227 14,216 4,989 Record Hotels result, Property normalised EBITDA +6.0%, Property 5,168 3,450 (1,718) underlying +15.6% E V T | ENTERTAINMENT | VENTURES |
Slide 5: Entertainment
Entertainment 5
Slide 6: Entertainment
Entertainment Group Overview Overall mixed Hollywood film slate resulting in a strong July and the Half year ended E V T | ENTERTAINMENT | VENTURES | TRAVEL weakest October on record. 31 December 2024 2025 VAR Admissions1 (000) 12,090 11,597 -4.1% Germany outperforms driven by Revenue2 ($000) 371,62
Slide 7: H1 view of blockbusters released
H1 view of blockbusters* released JULY AUGUST SEPTEMBER OCTOBER NOVEMBER DECEMBER 2 0 2 E V T | ENTERTAINMENT | VENTURES | TRAVEL 4 2 0 2 5 + -/+ Deadpool & Wolverine was a huge + - Whilst Joker underperformed - - Wicked: For Good and Avatar: Fire and Ash hit in 2024. 2025 was missing a key expectat
Slide 8: Entertainment Australia
Entertainment Australia Group Overview Half year ended 31 December 2024 2025 VAR Admissions1 (000) 5,880 5,326 -9.4% Revenue2 ($000) 196,568 189,231 -3.7% AU/NZ markets track comparatively EBITDA3 ($000) 23,021 17,870 -22.4% to USA/UK markets. PBIT4 ($000) 11,019 5,827 -47.1% E V T | ENTERTAINMENT |
Slide 9: Success continues
Success continues +3.6% with revenue +0.1% strategies Average Admission Price - Australia Yield strategies deployed to Spend Per Head - Australia E V T | ENTERTAINMENT | VENTURES | TRAVEL Pre-COVID 1H19 1H25 1H26 hold spend at record levels, Pre-COVID 1H19 1H25 1H26 offsetting impact of higher mix -
Slide 10: H2 view of blockbuster releases, subject to film performance
H2 view of blockbuster* releases, subject to film performance JANUARY FEBRUARY MARCH APRIL 2 MAY JUNE 0 2 E V T | ENTERTAINMENT | VENTURES | TRAVEL 5 2 0 2 6 10 + =/- + =/+ =/+ + *Filmsexpectedtogrossover$15millionattheAustralianboxoffice,subjecttoaudienceappealanddatesmaymove.
Slide 11: Travel: Thredbo
Travel Thredbo 11
Slide 12: Thredbo
Thredbo Revenue up 19.5%, EBITDA +30.8%. Half year ended 31 December 2024 2025 VAR E V T | ENTERTAINMENT | VENTURES | TRAVEL Revenue1 ($000) 61,874 73,956 +19.5% Strong winter yield compared EBITDA2 ($000) 19,907 26,030 +30.8% to pre-COVID +~80%. PBIT3 ($000) 14,631 20,742 +41.8% 1. Normalised Reven
Slide 13: Property
Property 13
Slide 14: Property
Property Property portfolio New developments ~$2.3 billion property portfolio – key city hotel assets, recycle QT Auckland acquired (~AU$76 QT Queenstown progressing well, E V T | ENTERTAINMENT | VENTURES | TRAVEL capital for strategic growth million), strengthening strategic phase 1 (East Wing) due
Slide 15: Travel: Hotels
Travel Hotels
Slide 16: Hotels & Resorts
Hotels & Resorts Record revenue/EBITDA, Half year ended before and after adjusting for 31 December TRAVEL 2024 2025 VAR Gold Coast and Queenstown Revenue1 ($000) 207,101 218,872 +5.7% impacts. | EBITDA2 ($000) 52,820 55,994 +6.0% | VENTURES PBIT3 ($000) 36,959 40,671 +10.0% All brands exceeding fair
Slide 17: Key Metrics
Key Metrics Owned Brands Rate growth achieved, driven by Rydges Half year ended 31 December 2024 2025 VAR major events including the Lions E V T | ENTERTAINMENT | VENTURES | TRAVEL and Ashes tours. Occupancy 81.0% 84.0% +3.0% Average room rate ($) $201 $211 +5.0% Occupancy approaching pre- Revpar ($
Slide 18: Pillars for Hotel growth now established
3 pillars for Hotel growth now established EVT | ENTERTAINMENT | VENTURES | TRAVEL EVT Brand Owner Brand IP Third-Party Brand [EVT Hotels & Resorts] [EVT Independent Collection] Market leading brands, seamless services. Your brand, our backing. Third-party brand, local powerhouse. For owners who dem
Slide 19: EVT Hotels & Resorts Hotels, 15,799 Rooms
EVT Hotels & Resorts 99 Hotels, 15,799 Rooms Pro-invest Hotels acquisition EVT | ENTERTAINMENT | VENTURES | TRAVEL completed (+15 hotels) Rydges Geelong sold QT Auckland acquired New ‘micro’ room concept launched at Atura Adelaide Flagstaff Gardens, Melbourne The George Hotel, Brisbane The George Ho
Slide 20: QT Auckland
QT Auckland Acquisition due to complete March 2026 TRAVEL | | VENTURES E V T | ENTERTAINMENT 20
Slide 21: QT Queenstown
21 EEVVTT || ENTERTAINMENT ENTERTAINMENT || VENTURES TRAVEL VENTURES || TRAVEL QT QT QT Queenstown Queenstown Queenstown
Slide 22: QT Queenstown
22 E V T | ENTERTAINMENT | VENTURES | TRAVEL QT Queenstown
Slide 23: LyLo Road Trips Trial
23 E V T | ENTERTAINMENT | VENTURES | TRAVEL LyLo Road Trips Trial
Slide 24: Trading Outlook
Trading Outlook Hotels Hotels expected to deliver another EBITDA record year Overall, expect H2 ahead E V T | ENTERTAINMENT | VENTURES | TRAVEL New growth from growth initiatives adjusted for divestments and disruption ~$1.5 of PY, subject to film million in H2 performance and weather conditions Ent
Slide 25: Thank you
The EVT Group results are prepared under Australian Accounting Standards, and also comply with International Financial Reporting Standards (“IFRS”). This presentation includes certain non-IFRS measures, including the normalised profit concept. These measures are used internally by management to asse