Experience Co Ltd · ASX:EXP
Experience — Shareholder Meeting (October 2021)
12 slides from Experience's shareholder meeting presentation, Oct 27, 2021
Slide 1: 2021 Annual General Meeting
Slide 2: Board of Directors
BOARD OF DIRECTORS KERRY (BOB) EAST ANTHONY BOUCAUT MICHELLE COX NEIL CATHIE JOHN O’SULLIVAN Independent Chairman Non-Executive Director & Founder Independent Non-Executive Independent Non-Executive Director Executive Director Director Chief Executive Officer Chair— Remuneration & Nomination Member—
Slide 3: FY21 Financial Highlights
FY21 FINANCIAL HIGHLIGHTS Financials reflected the first phase of COVID recovery ahead of the delta variant emerging in late FY21 Revenue from continuing operations Underlying EBITDA Tandem Jumps Cash and cash equivalents $44.4m $6.8m 63,925 $13.3m Loss from continuing operations NTA per share (cent
Slide 4: Strategic Reset
STRATEGIC RESET Business simplification completed. Portfolio and balance sheet reset with recent corporate activity FY22 Where we are today FY21 1. Core business lean and ready to leverage the domestic and FY20 international recovery 2. Premium Adventure and Family Adventure verticals have increased
Slide 5: The Year Ahead
THE YEAR AHEAD Near term outlook improving. COVID recovery expected to be a medium-term proposition Domestic demand expected to rebound strongly as markets reopen {| lf If Domestic restrictions are expected to further ease ahead of peak summer period COVID recovery will be a medium-term proposition
Slide 6: COVID-19 Recovery
COVID-19 RECOVERY Improved EXP portfolio quality via increased exposure to domestic leisure markets DEMAND OUTLOOK BY MARKET VERTICAL" rr) Skydive Australia © Skydive New © Zealand GBR Experiences aD) Premium Adventure wD) International tourism pre International tourism markets commence? Localised I
Slide 7: Growing Through the Recovery
GROWING THROUGH THE RECOVERY Business in better shape than ever to respond to consumer demand as domestic and international markets return GBR PONTOON * Targeting to have operational in early 2022, with an expected minimum economic life of 15 years * Newest piece of Cairns based tourism infrastructu
Slide 8: Treetops Adventure
TREETOPS ADVENTURE Completion on track for November 2021 ahead of peak trading period +400k Visitations in FY21 14 Sites >85% Direct bookings! >95% nT =i rN Yeodene Y Completion on track for November 2021 ¥ Recommenced operations in NSW on 12 October, with strong weekend trading in Sydney and Centra
Slide 9: Wild Bush Luxury
WILD BUSH LUXURY Integration progressing well and strong forward bookings for 2022 and beyond PREMIUM ADVENTURE AWilABush MARIA tuxear ISLAND WALK avd teats, sai ARKABA | SOUTH AUSTRALIA MARIA ISLAND ACQUISITION UPDATE * Wild Bush Luxury acquisition completed in July 2021 * Maria Island Walk complet
Slide 10: Balance Sheet
BALANCE SHEET Well capitalised balance sheet enables business to grow through the COVID recovery STRATEGIC RESET ~“ Divestments used to deleverage the business ¥ Debt levels minimised through the pandemic ¥ Capital raise positions the business for growth BALANCE SHEET STRONGER THAN EVER Net cash pos
Slide 11: Trading Update & Outlook
TRADING UPDATE & OUTLOOK FY22 earnings to be weighted to second half. Business will be well positioned to capitalise on reopening heading into the peak summer period RECENT TRADING * Consistent with previous updates the metropolitan lockdowns have significantly impacted trading in Q1 FY22, with an U
Slide 12: Thank You
THANK YOU __ eis —— BigCat Green Island Reef Cruises HOREANTINE "OVE & SNORKEL ISLAND WALK Feuer days that will ast a ifetine CALYPSO reef cruises FITZROY! ADVENTURES Q Skydive AUSTRALIA SKYDIVE SOUTHERN ALPS AWilAGush LUXURY DAINTREE TOURS 2 12% GBR BIOLOGY nzone SKYDIVE AIRCRAFT MAINTENANCE CENTRE