Lindblad Investor Presentation Deck

Lindblad Expeditions Strong Growth for Global Bicycle Sales U.S. Bicycle Sales Grew 62% in Jan - Oct 2020 2020 Global Bicycle Units Sold बैठे बैठ 36M 个 50% Growth Source: National bicycle dealers association, NPD Group 2030 ad D 53M DUVINE CYCLING ADVENTURE CO The New York Times Thinking of Buying a Bike? Get Ready for a Very Long Wait BBC May 18, 2020 A July 24, 2020 The Great Bicycle Boom of 2020 January 16, 2021 Outside The Pandemic Bike Boom Is Here to Stay 18

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