EVT provides FY26 update

• Hotels segment expects marginal EBITDA growth
• Entertainment segment expects reasonable growth
• Thredbo expects EBITDA of $22-$23 million

EVT Limited ('EVT' or the 'Group') today provided an update on the expected full year results for 30 June 2026 ('FY26'), reflecting on the current trading results to date and the ongoing impact of the Middle East crisis. Overall, the Group currently still expects to deliver normalised EBITDA growth on the prior year. In the Hotels segment, which delivers over 60% of the Group's normalised EBITDA, the Group expects to report a full year normalised EBITDA that is marginally up on the record prior year. This will include the benefit of strong underlying hotel performance, the launch of EVT Connect Hospitality, the acquisition of QT Auckland, and the first tranche of upgraded rooms coming online at QT Queenstown. These benefits are partially offset by the ongoing impact of works at QT Queenstown and QT Gold Coast, disruption at QT Canberra, the sale of Geelong, and any further impacts of the Middle East crisis. In the Entertainment segment, the FY26 result is expected to achieve reasonable growth (subject to film performance) on the prior year, assisted by the strong year-to-date result from CineStar (Germany). However, this will be partially offset by disruption at two key sites and the impact of the FIFA World Cup. In Thredbo, the Group expects the full year normalised EBITDA to be around $22 to $23 million, subject to the fuel cost impact on drive tourism and winter weather conditions.

The Group currently still expects to deliver normalised EBITDA growth on the prior year.