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EXPERIENCE CO LIMITED Board/Management Information 2016

Jan 28, 2016

64892_rns_2016-01-28_a7acad7d-3adb-4c8f-b8e8-949917eaeacf.pdf

Board/Management Information

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==> picture [146 x 73] intentionally omitted <==

29 JANUARY 2016

SKYDIVE THE BEACH GROUP LIMITED (ACN 167 320 470)

(ASX: SKB)

ASX ANNOUNCEMENT

RESIGNATION OF NON-EXECUTIVE DIRECTOR

Dr Finch has notified the Board that he will resign from the Board effective 31 January 2016.

In his resignation letter addressed to the Chairman, Dr Finch mentioned that his other business commitments have expanded to the point where he can no longer devote sufficient time to the role.

The Chairman, Bill Beerworth, said:

“The Board accepts Nigel’s resignation with regret, thanks him for his valuable service, and wishes him well in his future endeavours.”

The company will commence a search at once for a suitable replacement.

CONTACT

ANTHONY RITTER

COMPANY SECRETARY

T 1300 663 634

E [email protected]

Skydive the Beach Group Limited (“SKB”) is an adventure tourism and leisure company. It provides tandem skydiving experiences in scenic locations in four Australian states. From origins in 1999, it has become a profitable business with a track record of earnings growth. In March 2015, SKB successfully completed an initial public offer (IPO) and listed on the Australian Securities Exchange. The offer was oversubscribed and raised $25 million. The acquisition of Australia Skydive Pty Ltd in Australia added an additional 5 drop zones, and 2 more were added in the Nzone acquisition in October 2015.

www.skydive.com.au [email protected] T: 1300 663 634 F: 1300 338 803

Skydive the Beach Group Limited ABN 56 167 320 470 PO Box 5361 Wollongong NSW 2500