SPH Notice - SPV/BGH

Please see attached a Substantial Product Holder notice for Limited 5382917 Limited (SPV) and BGH Capital IIA Pty Ltd in its capacity as trustee for BGH Capital Trust IIA, BGH Capital IIB Pty Ltd in its capacity as trustee for BGH Capital Trust IIB, BGH Capital Offshore GP II Limited as general partner of BGH Capital Offshore II, LP (together the BGH Fund) and BGH Capital Pty Ltd (ACN 617 386 982) (the Manager) in its capacity as manager or adviser to the constituent entities of the BGH Fund (the BGH Fund and the Manager together BGH) in Tourism Holdings Limited ("THL").