Lindblad Investor Presentation Deck

O ROBUST ANNUAL MARKETING COMMITMENT Expanded Sales & Marketing with Disney • Ability to market/ sell globally immediately, pathway to global exclusivity • Ability to market/ sell river cruise under co-brand, pathway to global exclusivity ◆ Cross-sell to Disney Cruise Line and Disney Vacation Club Guests ◆ Inclusion in Disney Travel Trade portfolio ◆ Ability to use NGE terms and logo in digital marketing • Ability to market directly to "NGE sourced" leads and past guests ◆ Disney brand activations ◆ Access to NGE / Disney marketing lists through joint marketing fund ◆ Access to Disney's advertising buying power ◆ Significant guaranteed contribution from NGE towards joint marketing fund 10

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