8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): August 8, 2022

MarineMax, Inc.

(Exact name of registrant as specified in its charter)

Florida	1-14173	59-3496957
(State or other jurisdiction<br> <br>of incorporation)	(Commission<br> <br>File Number)	(I.R.S. Employer<br> <br>Identification No.)
2600 McCormick Drive, Suite 200,<br> <br>Clearwater, Florida	33759
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(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: 727-531-1700

Not Applicable

Former name or former address, if changed since last report

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading<br>Symbol(s)	Name of each exchange<br> <br>on which registered
Common Stock, par value $.001 per share	HZO	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 1.01	Entry into a Material Definitive Agreement.

Securities Purchase Agreement

On August 8, 2022, MarineMax, Inc. (“MarineMax” or the “Company”) and its wholly-owned subsidiary, MarineMax East, Inc., a Delaware corporation (the “Buyer”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Island Marina Holdings LLC, a Delaware limited liability company, and Island Marinas Subsidiary Corp., a Delaware corporation (together, the “Sellers”), pursuant to which the Buyer agreed to purchase all of the outstanding membership interest units of Island Global Yachting LLC, a Delaware limited liability company, in exchange for $480 million in cash, subject to customary purchase price adjustments set forth in the Purchase Agreement, with an additional potential payment of up to $100 million in cash two years after closing, subject to the achievement of certain performance metrics set forth in the Purchase Agreement (the “Transaction”). Certain portions of the purchase price are being held in escrow. The Purchase Agreement contains representations, warranties, covenants, and conditions customary for transactions of this type.

The closing of the Transaction is subject to customary closing conditions, including the expiration or termination of applicable anti-trust waiting periods. MarineMax expects the Transaction to close in the first half of fiscal 2023, subject to the satisfaction of customary closing conditions. The Transaction will be financed through MarineMax’s recently completed expansion of its credit facilities (described below) and cash on hand.

This description of the Purchase Agreement is qualified in its entirety by reference to the complete terms and conditions of the Purchase Agreement which is expected to be filed as exhibits to MarineMax’s Annual Report on Form 10-K for its fiscal year ended September 30, 2022.

On August 9, 2022, MarineMax issued a press release announcing the Transaction. A copy of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

New Credit Facility

On August 8, 2022, the Company and its subsidiaries refinanced its existing Amended and Restated Loan and Security Agreement with Wells Fargo Commercial Distribution Finance, LLC , as agent, and the lenders party thereto, dated July 9, 2021, evidencing a $500 million floor plan facility (the “Existing Credit Facility”). The Company refinanced the Existing Credit Facility with a new facility (the “New Credit Facility”) pursuant to a Credit Agreement with Manufacturers and Traders Trust Company as Administrative Agent, Swingline Lender, and Issuing Bank, Wells Fargo Commercial Distribution Finance, LLC, as Floor Plan Agent, and the lenders party thereto (the “New Credit Agreement”). The New Credit Agreement, among other things, increases the size of the floor plan facility to $750 million and establishes a revolving credit facility in the maximum amount of $100 million (including a $20 million swingline facility and a $20 million letter of credit sublimit), a delayed draw term loan facility to finance the Transaction (as defined above) in the maximum amount of $400 million, and a $100 million delayed draw mortgage loan facility. The maturity of each of the facilities is August 2027. The interest rate is (a) for amounts outstanding under the floor plan facility, 3.45% above the one month secured term rate as administered by the CME Group Benchmark Administration Limited (CBA) (“SOFR”), (b) for amounts outstanding under the revolving credit facility or the term loan facility, a range of 1.50% to 2.0%, depending on the total net leverage ratio, above the one month, three month, or six month term SOFR rate, and (c) for amounts outstanding under the mortgage loan facility, 2.20% above the one month, three month, or six month term SOFR rate. The alternate base rate with a margin is available for amounts outstanding under the revolving credit, term, and mortgage loan facilities and the Euro Interbank Offered Rate plus a margin is available for borrowings in Euro or other currencies other than dollars under the revolving credit facility.

The New Credit Facility is secured by the Company’s personal property assets, including inventory and related accounts receivable. The mortgage loans will also be secured by the real estate pledged as collateral for such loans. Substantially all of the lenders under the New Credit Facility (or their affiliates) have various other relationships with the Company and its subsidiaries involving the provision of financial services, including cash management, loans, letters of credit and bank guarantee facilities, investment banking and trust services, and some may serve as a source of retail financing for the Company’s customers. In addition, some of the lenders under the New Credit Facility (or their affiliates) were also lenders under the Existing Credit Facility.

This description of the New Credit Facility is qualified in its entirety by reference to the complete terms and conditions of the New Credit Facility which is expected to be filed as an exhibit to MarineMax’s Annual Report on Form 10-K for its fiscal year ended September 30, 2022.

On August 9, 2022, MarineMax issued a press release announcing the New Credit Facility. A copy of the press release is furnished as Exhibit 99.2 hereto and is incorporated herein by reference.

Item 1.02	Termination of a Material Definitive Agreement.

To the extent that entering into the Amended Credit Facility constituted a termination of the Original Credit Facility, the information set forth above under Item 1.01 is hereby incorporated by reference into this Item 1.02.

Item 2.03.	Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

The information provided in Item 1.01 of this Current Report on Form 8-K regarding the New Credit Facility is incorporated by reference herein.

Item 7.01.	Regulation FD Disclosure.

On August 8, 2022, the Company posted an investor presentation dated August 9, 2022 on the Presentations & Events section of www. investor.marinemax.com. The investor presentation is furnished as Exhibit 99.3 to this Form 8-K and incorporated into this Item 7.01 by reference. The Company’s website is not intended to function as a hyperlink, and the information contained on such website is not a part of this Form 8-K.

The information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.3, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. Furthermore, the information in this Item 7.01 of this Current Report on Form 8-K, including the information contained in Exhibit 99.3, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01	Financial Statements and Exhibits.

(a) Exhibits.

Exhibit<br>No.	Description
99.1	Press release of MarineMax, Inc. dated August 9, 2022.
99.2	Press release of MarineMax, Inc. dated August 9, 2022.
99.3	Investor Presentation of MarineMax, Inc., dated August 9, 2022
104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

MarineMax, Inc.
By:	/s/ Michael H. McLamb
Name:	Michael H. McLamb
Title:	Executive Vice President, Chief Financial Officer and Secretary

August 9, 2022

EX-99.1

Exhibit 99.1

MarineMax To Acquire IGY Marinas Significantly

Expanding Global Marina and Services Business

~Largest Superyacht Luxury Marina Network with Iconic Worldwide Locations~

~Will More than Double MarineMax’s Recurring Marina Revenue~

~Increases Global Superyacht Services Capabilities~

~Margin Enhancing Business Further Reduces Business Cyclicality~

~Projected to be Accretive in First Full Year~

CLEARWATER, FL, August 9, 2022 – MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced that it has entered into a definitive agreement to acquire Island Global Yachting LLC (“IGY Marinas”), which owns and operates a collection of iconic marina assets and a yacht management platform in key global yachting destinations. MarineMax will acquire IGY Marinas for $480 million in cash, with an additional potential earnout of up to $100 million two years after closing, subject to the achievement of defined performance metrics. IGY Marinas, through recent acquisitions and organic growth, is projected to generate over $100 million of revenue in calendar 2022. Subject to the satisfaction of customary closing conditions, MarineMax expects the acquisition to close in the first half of fiscal 2023 and to be accretive within the first twelve months of closing. IGY Marinas will maintain its luxury branding that is well recognized as best-in-class in the global marina and superyacht communities. Tom Mukamal, CEO of IGY Marinas, and the IGY Marinas existing management team will continue to lead the growth and operations of the business.

IGY Marinas distinguishes itself with a synergistic network of strategically positioned luxury marinas situated in the world’s most coveted yachting and sport fishing destinations. IGY Marinas has pioneered best-in-class standards for service and quality in nautical tourism around the world. It offers a global network of 23 curated marinas in the Americas, the Caribbean, and Europe, delivering year-round customer touchpoints. IGY Marinas caters to a wide variety of luxury yachts, while also being exclusive home ports for some of the world’s largest megayachts. The network of marinas is further bolstered by its exclusive Trident superyacht membership program, expansive service offerings, and comprehensive yacht management platform. In addition, IGY Marinas is a venue for exclusive events such as the Cannes Yachting Festival, Cannes Lions International Festival of Creativity, Superyacht Miami, and Art Basel. IGY Marinas is unique in that its scale and strategic geographic footprint enables it to provide vertically integrated services to superyacht customers as they travel to popular destinations.

“We are delighted to announce our acquisition of IGY Marinas, a transformative transaction for MarineMax, that significantly strengthens our ability to provide the best customer experience to yacht owners around the world,” said W. Brett McGill, Chief Executive Officer and President of MarineMax. “The addition of IGY Marinas positions MarineMax as the preeminent leader in the superyacht industry—the only company able to offer an integrated experience coupling high value superyacht berthing and marina services in premier locations with exclusive superyacht service offerings. Moreover, this investment continues to diversify our business mix with not only higher margins, but also a larger geographic footprint, especially in highly desired destinations in the Mediterranean and the Caribbean.”

Mr. McGill continued, “We are very pleased to strategically expand with IGY Marinas and have tremendous respect for their outstanding management team for building a high-quality real estate portfolio of luxury marinas with extraordinary growth potential. IGY has experienced significant recent growth, as its brand has become sought-after by yacht owners, as well as public and private marina owners worldwide. This investment aligns with our ongoing strategic acquisition plan, including our superyacht business, to selectively expand our service offerings with acquisitions of high growth, high margin businesses. Furthermore, we strongly believe that IGY Marinas will offer our Fraser Yachts and Northrop & Johnson current and future superyacht customers the opportunity to enhance their yachting experiences by providing them access to the world’s only superyacht marina network.”

“We are excited to join the MarineMax Family and its experienced management team,” said Tom Mukamal, CEO of IGY Marinas. “MarineMax brings significant resources, synergies, and competitive advantages to our business amplifying our potential for both organic and inorganic growth. With IGY’s irreplaceable destination portfolio, demonstrated track record of successful acquisitions and a robust pipeline, we are confident in our collective ability to strengthen and build on our position as the global leader in superyacht and luxury marina destinations and related services.”

As stated above, MarineMax expects the transaction to close in the first half of fiscal 2023, subject to the satisfaction of customary closing conditions. The transaction will be financed through MarineMax’s recently completed expansion of its credit facilities and cash on hand.

Raymond James represented MarineMax, while Moelis & Company LLC represented IGY Marinas.

About MarineMax

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 79 retail dealership locations, which includes 34 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest superyacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. Intrepid Powerboats, a MarineMax company, manufactures powerboats and sells through a direct-to-consumer model. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information,

please visit www.marinemax.com.

Forward Looking Statement

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-lookingstatements include the acquisition being accretive, the acquisition being transformative to MarineMax and strengthening its ability to provide superyacht services and making MarineMax the preeminent leader in the industry and related timing, and thepost-closing management of IGY. These statements are based on current expectations, forecasts, risks, uncertainties, and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks,assumptions and uncertainties include the Company’s abilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts(direct and indirect) of COVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as thosewithin our industry, the level of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for thefiscal year ended September 30, 2021 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information,future events or otherwise.

CONTACT:	Michael H. McLamb	Investors:
	Chief Financial Officer	Brad Cohen or Dawn Francfort
	727-531-1700	ICR, LLC
	Media:	investorrelations@marinemax.com
	Abbey Heimensen
	MarineMax, Inc.

EX-99.2

Exhibit 99.2

MarineMax Expands Financial Flexibility with New Credit Facilities to

Execute on Strategic Growth Opportunities

~Provides Financing for Pending Acquisition of IGY Marinas~

~Increases Floorplan and Adds Revolving and Mortgage Lines of Credit~

CLEARWATER, FL, August 9, 2022 – MarineMax, Inc. (NYSE: HZO), the world’s largest recreational boat and yacht retailer, today announced the completion of $1.35 billion in aggregate financing commitments.

MarineMax completed the $1.35 billion senior secured credit facilities (the “Credit Facilities”) which is comprised of the following:

•	$750 million floor plan line of credit (the “Floor Plan”) for financing inventory, which replaces<br>an existing $500 million floor plan facility
•	$400 million delayed draw term loan (the “Term Loan”) for financing the IGY Marinas<br>(“IGY”) acquisition previously announced
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•	$100 million revolving credit facility (the “Revolver”); and
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•	$100 million delayed draw mortgage facility (the “Mortgage Facility”)
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Proceeds from the Credit Facilities will be used to finance the acquisition of IGY, fund the purchase of eligible new and used marine product inventory, provide additional financial capacity to support future growth, as well as for general business purposes. The combined facilities have a five-year term, maturing August 2027. Anticipated leverage upon the closing of the IGY acquisition, net of cash, is expected to approximate 1x EBITDA on a proforma trailing twelve-months basis.

“This financing bolsters the strength of our balance sheet and will enable us to maintain a conservative leverage ratio when the IGY acquisition is closed. With these new facilities and the organic liquidity that our cash flow from operations provides, MarineMax has further fortified our balance sheet and greatly enhances our financial flexibility. The over-subscription of these facilities demonstrates a significant vote of confidence, as the market recognizes our sustained strong financial performance, disciplined use of capital, and growth trajectory,” said Michael H. McLamb, Executive Vice President, Chief Financial Officer and Secretary of MarineMax, Inc. “We appreciate the ongoing support expressed by the commitment of our lenders to MarineMax.”

The financings were led by M&T Bank as Administrative Agent and Joint-Lead Arranger, along with Wells Fargo Commercial Distribution Finance as Joint-Lead Arranger and Floor Plan Agent. Substantially all of the lenders under the Credit Facilities have various other relationships with MarineMax and its subsidiaries. Services provided by the lenders may include but are not limited to financial services such as cash management, loans, letters of credit and bank guarantee facilities, investment banking and trust services, and some may serve as a source of retail financing for MarineMax’s customers. In addition, some of the lenders under the Credit Facilities were also lenders under the aforementioned facilities that were replaced.

About MarineMax

MarineMax is the world’s largest recreational boat and yacht retailer, selling new and used recreational boats, yachts and related marine products and services, as well as providing yacht brokerage and charter services. MarineMax has over 100 locations worldwide, including 79 retail dealership locations, which includes 34 marinas or storage operations. Through Fraser Yachts and Northrop and Johnson, the Company also is the largest superyacht services provider, operating locations across the globe. Cruisers Yachts, a MarineMax company, manufactures boats and yachts with sales through our select retail dealership locations and through independent dealers. Intrepid Powerboats, a MarineMax company, manufactures powerboats and sells through a direct-to-consumer model. MarineMax provides finance and insurance services through wholly owned subsidiaries and operates MarineMax Vacations in Tortola, British Virgin Islands. The Company also operates Boatyard, a pioneering digital platform that enhances the boating experience. MarineMax is a New York Stock Exchange-listed company (NYSE: HZO). For more information, please visit www.marinemax.com.

Forward Looking Statement

Certain statements in this press release are forward-looking as defined in the Private Securities Litigation Reform Act of 1995. Such forward-lookingstatements include the expectation that the financing will enable us to maintain a conservative leverage ratio after the expected IGY acquisition is closed and that our financial flexibility has been greatly enhanced. These statements are based oncurrent expectations, forecasts, risks, uncertainties, and assumptions that may cause actual results to differ materially from expectations as of the date of this release. These risks, assumptions and uncertainties include the Company’sabilities to reduce inventory, manage expenses and accomplish its goals and strategies, the quality of the new product offerings from the Company’s manufacturing partners, the impacts (direct and indirect) ofCOVID-19 on the Company’s business, the Company’s employees, the Company’s manufacturing partners, and the overall economy, general economic conditions, as well as those within our industry, thelevel of consumer spending, the Company’s ability to integrate acquisitions into existing operations, and numerous other factors identified in the Company’s Form 10-K for the fiscal year endedSeptember 30, 2021 and other filings with the Securities and Exchange Commission. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events orotherwise.

CONTACT:	Michael H. McLamb	Investors:
	Chief Financial Officer	Brad Cohen or Dawn Francfort
	727-531-1700	ICR, LLC
	Media:	investorrelations@marinemax.com
	Abbey Heimensen
	MarineMax, Inc.

EX-99.3

Exhibit 99.3 MarineMax to Acquire IGY Marinas August 9, 2022

Disclaimer Information contained in this presentation, other than historical information, should be considered forward-looking and subject to various risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or expected. Among the key factors that may have a direct bearing on the operating results, performance and financial condition of the Company are the general economic environment, which has and can greatly impact the marine industry; the availability and cost of borrowed funds; the level of consumer spending and available financing; continued availability of key products; and other factors discussed in MarineMax's filings with the Securities and Exchange Commission. 2

IGY Marinas Overview § IGY Marinas is a leading nautical hospitality brand, owner, operator, and manager of an integrated network of luxury marinas with a significant component designed for the superyacht community § Over the past 17 years, IGY Marinas’ management team has built an interconnected ecosystem and a global portfolio of unique assets through organic growth and acquisitions, strategically targeting the highly traveled Americas, Caribbean, and European superyacht destinations § IGY Marinas has achieved significant growth in recent years with acquisitions of irreplaceable properties bringing their portfolio to 23 marinas handling 8,000 total vessels across 12 countries § Through IGY Trident, a recently launched exclusive membership program, superyacht owners can secure scarce superyacht berthing in the most coveted locations along the superyacht migratory pattern § Venue for exclusive events such as the Cannes Yachting Festival, Cannes Lions International Festival of Creativity, Superyacht Miami, and Art Basel § IGY Marinas expects revenue to exceed $100 million in calendar 2022 § Expansive pipeline and global brand recognition creates an unparalleled platform for growth 3

Global Reach of IGY Marinas 4,700 BERTHS 12 COUNTRIES 23 MARINAS WORLDWIDE 8,000 ANNUAL VESSEL CUSTOMERS 4 4

Transformative Global Growth Opportunity for MarineMax IGY Marinas strengthens MarineMax’s position as the preeminent leader in the superyacht industry creating opportunities to offer unique high value products and services IGY Marinas provides global comprehensive yachting services and experiences in premier locations with exclusive service offerings IGY Marinas offers a growing network of renowned best-in-class marinas for service and quality Expands product and services offerings with high margin businesses More than doubles MarineMax’s recurring resilient marina revenue with significant opportunities for growth Enhances financial flexibility of balance sheet to support strategic growth opportunities 5

Proven History of Accretive Strategic Acquisitions MARINEMAX HAS SUCCESSFULLY INTEGRATED 49 ACQUISITIONS SINCE INCEPTION Recent Acquisitions Date Location Business/Industry Superyacht Management, S.A.R.L. April 2022 France Superyacht Services Texas MasterCraft November 2021 Texas Towboat Dealer Intrepid Powerboats November 2021 Worldwide Product Nisswa Marine July 2021 Minnesota Boat Dealer / Storage Cruisers Yachts May 2021 Worldwide Product SkipperBud’s & Silver Seas Yachts October 2020 Great Lakes region and West Coast Boat Dealer / Marinas Newcoast Insurance Services July 2020 Worldwide Insurance Services (formerly Private Insurance Services) Northrop & Johnson July 2020 Worldwide Superyacht Services Boatyard, Inc. February 2020 Worldwide Technology Fraser Yachts Group July 2019 Worldwide Superyacht Services Sail & Ski Center April 2019 Texas Boat Dealer 6 NOTE: The above list is illustrative of MarineMax’s recent acquisitions across marine services and products

Expands Superyacht Services & Customer Reach ADDRESSABLE MARKET SUPERYACHT TRENDS § MarineMax and IGY have favorable future industry § Record number of superyachts in the marketplace trends § Largest backlog of superyachts under construction § IGY is well-positioned to benefit from the growing ultra-high net worth customer segment and their § Trends toward larger product corresponding demand for superyachts § Scarcity of slips worldwide, in particular for larger § MarineMax’s complementary service and sales vessels infrastructure will support IGY’s expected growth § Charter demand has increased dramatically § Limited global marina supply magnifies network effects and recurring revenue § Record superyacht sales demand § Strong growth and resilience for superyacht business 7

Superyacht Production and Ultra-High Net Worth Population 1 TOTAL SUPERYACHTS COMPLETED & IN PRODUCTION 6,000 650 5,564 5,402 5,500 5,245 600 5,096 4,950 600 4,851 5,000 4,704 550 4,547 4,404 4,500 4,254 4,083 500 4,000 496 493 489 485 485 480 479 477 476 450 3,500 462 3,000 400 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022p Completed In Production 2 GLOBAL ULTRA-HIGH NET WORTH POPULATION 775,421 800,000 730,444 750,000 688,075 700,000 648,164 650,000 610,568 600,000 558,616 550,000 500,000 450,000 400,000 350,000 300,000 2020 2021 2022p 2023p 2024p 2025p 8 1 2 Global Order Book, The Superyacht Agency, The Superyacht Report. Note: Data based on yachts 100 ft (~30m) in length or larger, Knight Franks 2022 Wealth Report.

Strategic Benefits of IGY Marinas FINANCIAL BENEFITS STRATEGIC RATIONALE Aligns with MarineMax’s strategic One-of-a-kind global network of irreplaceable plan to expand recurring resilient marinas backed by a trusted brand marina revenue Synergistic opportunities with MarineMax’s Ability to generate cash and continue Fraser Yachts and Northrop & Johnson to grow all aspects of the business superyacht companies TSR Further expands high margin businesses Expands MarineMax’s high while reducing business cyclicality margin businesses More than doubles marina revenue Favorable market demand dynamics in first year driven by increasing yacht sales and limited slip availability Accretive in first full twelve months post-closing Creates a new platform for future product and services growth Leverages IGY’s scale 9 STRONG LEADERSHIP TEAM WITH OVER 160 YEARS OF COMBINED INDUSTRY EXPERIENCE AND EXCEPTIONAL OPERATIONAL TRACK RECORD

Meaningful Future Benefits and Synergies WHAT MARINEMAX BRINGS TO IGY MARINAS WHAT IGY MARINAS BRINGS TO MARINEMAX § Experienced and talented management team§ High barriers to entry for global assets with unparalleled scale and loyalty § Expertise in superyacht services and industry recognition § Global presence in the highest superyacht trafficked markets § Successful history as a strategic partner with superyacht and waterways services businesses § High margin business with recurring revenue § Cross-sell opportunities with Fraser Yachts and Northrop & Johnson § Diverse and loyal customer base with 50% of customers having § Strong balance sheet with capacity to invest in future stayed at multiple IGY marinas growth opportunities § Strong brand recognition § Leverage the latest technology to ensure superior customer experiences§ Exclusive IGY Trident membership opportunities § Comprehensive yacht management platform § Ability to navigate through cycles and downturns 10

Transaction Overview PURCHASE PRICE LEADERSHIP § $480 million § Tom Mukamal, CEO of IGY Marinas, and the IGY Marinas existing management team § Additional earnout potential of up to $100 will continue to lead the growth and million two years after closing, based on operations of the business defined earnings performance metrics FINANCING ESTIMATED CLOSING § Leverage ratio, net of cash, post-closing § First half of fiscal 2023 expected to approximate 1x EBITDA on a § Subject to the satisfaction of customary proforma trailing twelve-months basis closing conditions § Ample capacity to continue to fund growth opportunities § Consideration is on-hand liquidity and new ACCRETION $400 million delayed draw term debt facility § Accretive in first full twelve months § Maturity: August 2027 post-closing § Rate: SOFR plus spread currently: 3.79% approximately 1111

Summary § IGY Marinas strengthens MarineMax’s position as the preeminent leader in the superyacht industry creating opportunities to offer unique high value products and services § IGY Marinas provides global comprehensive yachting services and experiences in premier locations with exclusive service offerings § IGY Marinas offers a growing network of renowned best-in-class marinas for service and quality § Expands product and services offerings with high margin businesses § More than doubles MarineMax’s recurring resilient marina revenue with significant opportunities for growth § Enhances financial flexibility of balance sheet to support strategic growth opportunities 12