Hospitality Asset Disclosure

This disclosure explains how ownership in a Getaway Collective hospitality asset works, what rights accompany that ownership, how the property is operated, how financial returns are generated, and the principal risks that may affect your investment.

Every hospitality asset is different. Property-specific matters are disclosed on that property's own page and in the governing Vehicle Agreement.

Each investment represents an ownership interest in a single hospitality property held through its own dedicated legal vehicle.

The underlying asset may include:

• Land
• Hospitality buildings
• Visitor accommodation
• Infrastructure
• Operational systems
• Brand assets
• Operating licences

The property's value depends upon both the quality of the real estate and the success of its hospitality operations.

Unlike listed securities, these investments are directly linked to the long-term performance of a physical hospitality asset.

Each property has:

• its own financial statements
• its own liabilities
• its own operating performance
• its own distribution waterfall

Some hospitality assets are already operating. Others may still be under development.

Where construction is involved, investors should understand that:

• approvals may take longer than expected
• construction costs may increase
• completion dates may move
• commissioning may require additional time
• revenue normally begins only after practical completion and stabilisation

Financial performance depends upon successful operation of the property.

Operational performance is influenced by factors including:

• visitor demand
• occupancy
• average daily rate
• operating efficiency
• visitor satisfaction
• maintenance standards
• regional tourism trends

Hospitality assets differ from passive commercial real estate because operational excellence materially affects long-term value.

Operating partners are selected, monitored and may be replaced where required, although transitions may temporarily affect performance.

Hospitality income is generated through visitor operations.

After operating expenses, reserves and financial obligations are satisfied, available cash may be distributed according to the Vehicle Agreement.

Distributions are therefore influenced by:

• occupancy
• pricing
• operating costs
• financing obligations
• reserve requirements
• capital expenditure

A valuation represents an estimate of asset value rather than an indication that a buyer exists.

Investors should therefore commit capital that they are comfortable holding for the expected investment period.

Some hospitality assets may utilise external debt.

Where borrowing exists:

Debt can enhance returns during strong operating performance but may reduce returns during weaker trading periods.

Each property operates under defined governance arrangements.

Voting rights are generally proportional to ownership contributions unless otherwise specified.

Conflicts of interest are formally declared and managed through governance procedures.

Certain decisions require enhanced approval thresholds as defined within the governing constitutional documents.

Hospitality assets operate within changing legal and regulatory environments.

These may include:

• planning regulations
• environmental approvals
• tourism regulations
• taxation
• coastal development controls
• corporate law

Future regulatory changes may affect development, operation or financial performance.

The Getaway Collective platform provides governance, records, reporting and investor support.

While reasonable measures are taken to ensure platform reliability, technology interruptions may occasionally occur.

Investor information is managed under the Privacy Notice using commercially reasonable security practices.

Like all hospitality real estate investments, ownership carries material risks.

These include, but are not limited to:

• reduction in occupancy
• changes in tourism demand
• operating partner performance
• construction delays
• financing risk
• refinancing risk
• regulatory change
• valuation movements
• illiquidity
• dilution following capital calls
• force majeure events
• property-specific events
• regional economic conditions

Hospitality investments are designed for long-term ownership.

They should be evaluated on the quality of the underlying asset, the strength of governance, operational excellence, and long-term performance rather than short-term market movements.