Lindblad Investor Presentation Deck

Lindblad Expeditions Walking is the Most Basic and Accessible Form of Exercise Popularity and Growth Driven by Well Established Health Benefits and Demand for Social / Mental Wellness Caused by the Pandemic Percentage of people aged 15 and older who engaged in sports and exercise on an average day, by specific activity. Walking Weight lifting Using cardiovascular equipment Running Swimming, surfing, water skiing Basketball Golfing Cycling Yoga Aerobics Soccer Baseball, softball 0% 5% 10% 15% 20% U.S. Bureau of Labor Statistics 2017 Decennial Report on Sports and Exercise. 25% 30% 35% HARVARD Classisk NEYS JOURNEYS MEDICAL SCHOOL June 21, 2021 Step up your walking game - The life-extending benefits of a daily walk. September 28, 2021 yahoo.life Walking is the trendiest new form of exercise. Here's why. December 16, 2020 STRAVA A significant rise in walking. While running, cycling and indoor workouts saw a 1.5-2x rise in uploads, uploads of outdoor walks increased by 3x. Walking was also the top new activity for cyclists on the platform between April and June. Strava is the #1 fitness tracking app for runners and cyclists. In 2020, Strava had 73 million athletes with 1.1 billion activity uploads on the platform. 13

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