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21 September 2021 NZX ANNOUNCEMENT TOURISM HOLDINGS LIMITED (thl) THL RESPONDS TO COMMENTARY REGARDING ASX DUAL LISTING thl notes an article overnight in the Australian Financial Review (AFR) regarding thl considering a dual listing on the ASX. thl has regularly considered a dual listing in the past. thl continues to consider the possibility, however no decision has been made at this time to do so. thl also notes that the AFR article indicates that the purpose of a dual listing would be for better access to capital. thl confirms that it has no current intention to raise additional capital. ENDS Authorised by: Rob Campbell Chair, Tourism Holdings Limited For further information contact: Grant Webster thl Chief Executive Officer Direct Dial: +64 9 336 4255 Mobile: +64 21 449 210 About thl (www.thlonline.com) thl is a global tourism operator. We are listed on the NZX and are the largest provider of RVs for rent and sale in Australia and New Zealand, and the second largest in North America. In the USA, we own and operate the Road Bear RV Rentals & Sales brand and El Monte RV Rentals & Sales. In the UK, thl owns 49% of Just go Motorhomes. Within New Zealand, we operate Kiwi Experience and the Discover Waitomo group, which includes Waitomo Glowworm Caves, Ruakuri Cave, Aranui Cave and The Legendary Black Water Rafting Co. thl also owns and operates Action Manufacturing, New Zealand's largest motorhome and specialist vehicle manufacturer. End CA:00379476 For:THL Type:GENERAL Time:2021-09-21 09:40:11