Lindblad Investor Presentation Deck

Lindblad Expeditions Why Off the Beaten Path Strong, trusted affluent brand that is complementary to Lindblad 2. Long-term growth and popularity of U.S. National Parks, which has accelerated due to Covid 3. Unique access to U.S. National Park lodging and permit inventory 4. Significant cross-selling opportunities throughout Lindblad platform 5. Opportunity to create hybrid itineraries with other owned brands 6. Experienced team led by Cory Lawrence, with a retained ownership interest Small and private group trips are perfect for post-COVID travel recovery OFF The BEATEN PATH 23

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