Viad Corp. (NYSE:VVI) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Carrie Long – Investor Relations Steve Moster – President and Chief Executive Officer and President-GES Ellen Ingersoll – Chief financial Officer Conference Call Participants Bryan Maher – B. Riley Tyler Batory – Oppenheimer Kartik Mehta – Northcoast Operator Good afternoon. My name is Austin and I will be your conference operator today. At this time, I would like to welcome everyone to the Viad Corp. Thi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or o ...

SECOND QUARTER 2022 EARNINGS CALL AUGUST 4, 2022 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

Viad Corp. (NYSE:VVI) Q2 2022 Earnings Conference Call August 4, 2022 5:00 PM ET Company Participants Carrie Long – Investor Relations Steve Moster – President and Chief Executive Officer and President-GES Ellen Ingersoll – Chief Financial Officer David Barry – President-Pursuit Conference Call Participants Tyler Batory – Oppenheimer Kartik Mehta – Northcoast Research Bryan Maher – B. Riley Securities Barry Haimes – Sage Asset Management Operator Good afternoon. My name is Colby and I’ll be your conference ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 70 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) Delaware 36-1169950 (State or other jurisdiction of in ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION (Address of principal executive offices) (Zip Code) Delaware 36-1169950 (I.R.S. Employer Identification No.) Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-11015 Vi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (State or other jurisdiction of incorporation or organization) 7000 East 1st Avenue Scottsdale, Arizona 85251-4304 (Address of principal executive offices) (Zip Code) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period fro ...

Financial Data and Key Metrics Changes - The company reported a sequential quarter revenue growth of 112% to $61.2 million, more than double the revenue from the same period in 2020 [45] - The net loss attributable to Viad was $42 million for the quarter, with a net loss before other items of $38.6 million [51] - Cash and cash equivalents at the end of the second quarter were approximately $37 million, with about $114 million of capacity on the revolving credit facility [53] Business Line Data and Key Metrics Changes - Pursuit generated second quarter revenue of $36.3 million, an increase of $31 million year-over-year, with adjusted EBITDA improving by $11.9 million [10][49] - GES realized revenue of $24.9 million, up about 30% from the first quarter of 2021, while adjusted segment EBITDA improved by approximately $3.6 million compared to the prior year [47][29] Market Data and Key Metrics Changes - Pursuit's revenue reached about 56% of the revenue generated in the second quarter of 2019, indicating a strong recovery in leisure travel demand [49] - The company noted a significant increase in bookings and inquiries, particularly in Banff and Jasper, with record inbound calls indicating strong demand [76][98] Company Strategy and Development Direction - The company is focused on a "Refresh, Build, Buy" growth strategy, with plans to scale the business and drive growth through new attractions and experiences [67] - GES is transforming its cost structure to improve profitability and is positioned to support the unique needs of clients as in-person events return [30][37] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the recovery in both Pursuit and GES, citing pent-up demand for leisure travel and live events [66][64] - The company expects to be cash flow positive in the third quarter, with anticipated operating cash inflow between $50 million to $60 million [60] Other Important Information - The company successfully refinanced its revolving credit facility, increasing financial flexibility and adding approximately $56 million of cash to its balance sheet [54][56] - The new credit facility allows for cash payments of dividends on convertible preferred stock, preventing additional common share dilution [57] Q&A Session Summary Question: Was the 40,000 guests at Sky Lagoon for a month or the second quarter? - The number was for the second quarter [72] Question: Have there been changes in events or attendance due to the Delta variant? - No event cancellations have occurred within the company's portfolio, but they are monitoring the situation closely [73] Question: How does profitability change with different attendance levels at events? - Revenue is primarily tied to net square footage rather than attendee count, allowing for flexibility in cost management [75] Question: Is there an opportunity to extend the season in Alaska and Canada? - The company is seeing strong demand and is working to extend the summer season through October [76] Question: Will pricing be adjusted for FlyOver Las Vegas based on current visitation trends? - The company is focused on maximizing effective ticket prices while ensuring a great guest experience [78] Question: What is the outlook for GES and Pursuit's EBITDA recovery? - Pursuit is expected to recover faster due to new attractions, while GES will ramp up more slowly [84] Question: How are bookings today compared to 2019? - Bookings are in line with 2019 levels, with significant growth in lodging revenue [87] Question: What is the current labor cost situation as attractions ramp up? - Labor costs are being managed carefully, with a focus on safety and guest experience [89] Question: What is the M&A pipeline looking like? - The pipeline is robust, with several opportunities being explored [105]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to Commission file number: 001-11015 Viad Corp (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organi ...