Completion of Sale of Wild Bush Luxury to Intrepid Travel

• Successful completion of divestment of Wild Bush Luxury portfolio
• Cash consideration of $5.1 million on a cash/debt free basis
• Estimated net proceeds of $3.4 million to be used to pay down corporate debt
• CEO thanks Wild Bush Luxury team for their contribution

Experience Co Limited (ASX: EXP), a leading adventure tourism company, has announced the successful completion of the divestment of its Wild Bush Luxury portfolio to Intrepid Travel. The portfolio includes the Arkaba Homestead and Walk (South Australia), Bamurru Plains (Northern Territory), and The Maria Island Walk (Tasmania), as well as the business' rights to develop future experiences in New South Wales and Tasmania. The completion follows the successful fulfillment of the customary condition precedents contained in the Share Purchase Agreement announced to the ASX on 8 December 2025. The agreement was for the sale of Wild Bush Luxury for a cash consideration of $5.1 million on a cash/debt free basis. The estimated net proceeds after transaction costs and excluding cash retained by EXP relating to forward bookings are approximately $3.4 million, subject to final completion statement adjustments. Consistent with the previous announcement, EXP will use these proceeds to pay down corporate debt. CEO John O'Sullivan expressed the company's pleasure in reaching this milestone, stating that it aligns with their focus on positioning the company for improved growth and shareholder returns. He also thanked the Wild Bush Luxury team for their contribution to EXP and wished them and Intrepid Travel all the best for the future.