LINDBLAD EXPEDITIONS HOLDINGS INC

Rule 10b5-1 Trading Plans

Directors and Executive Officers. Our directors and executive officers* maypurchase or sell shares of our common stock in the market from time to time, including pursuant to equity trading plans adopted in accordance with Rule10b5*-1 under the Exchange Act (“Rule10b5-1”) and in compliance with guidelines specified by the Company. In accordance with Rule10b5-1 and the Company’s insider trading policy, directors, officers and certain employees who, at such time, arenot in possession of material non-public information about the Company are permitted to enter into written plans that pre-establish amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s common stock, including shares acquired pursuant to the Company’s equity plans (“Rule10b5-1 Trading Plans”). Under a Rule10b5-1 Trading Plan, a broker executes trades pursuant to parameters established by the director or executive officer when entering into the plan, without further direction from them. The following table describes contracts, instructions or written plans for the sale or purchase of our securities adopted, terminated or modified by our directors and executive officers during thethree months ended* March 31, 2025,each of which is intended to satisfy the affirmative defense conditions of Rule10b5*-1(c).

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