Viad sells audio-visual unit ON Services for ~$30M to fund Pursuit growth

Pursuit Attractions & Hospitality, Inc.

Closed sale of ONS assets for ~$30M subject to working capital adjustments.
Proceeds to be used for high-return investments at Pursuit (Refresh, Build, Buy strategy).
ONS contributed ~6% of GES total revenue in nine months ended Sept 30, 2022.
GES will provide transition services to new ownership for a period.
Sale simplifies GES operating model post prior transformational changes.

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