5.4% Shareholder Urges Special Committee to Pursue the Superior Alternative: a $3.15 Cash Offer from Exclusive Investments

Believes Currently Proposed Merger is the Byproduct of Broken Governance, Insufficient Boardroom Independence and a Total Disregard for Independent Shareholders' Interests

CHICAGO--(BUSINESS WIRE)--

Stoney Lonesome HF LP, which owns approximately 5.4% of Inspirato Incorporated ( ISPO ) (“Inspirato” or the “Company”), today released a letter to the Special Committee of the Company's Board of Directors that (1) opposes the proposed reverse merger with Buyerlink Inc. and (2) urges immediate engagement with Exclusive Investments following its $3.15 per share all-cash offer. You can read the full letter here: Schedule 13D Letter to Special Committee

The letter, dated September 8, 2025, outlines concerns about Buyerlink's business fundamentals, financial projections, and valuation, while arguing that the cash offer provides superior value and certainty for shareholders. Stoney Lonesome states it has voted against all merger-related proposals and believes the Special Committee should fulfill its fiduciary duties by seriously considering the alternative transaction.

"We believe the all-cash offer from Exclusive Investments represents a superior alternative that provides immediate value to shareholders," the letter states.

Stoney Lonesome calls on the Special Committee to immediately halt the Buyerlink proxy process and clarify why it characterized the $3.15 cash offer as only "reasonably likely to lead to a Superior Proposal" when Stoney Lonesome argues the Exclusive bid is already demonstrably superior to the Buyerlink transaction.

Stoney Lonesome argues that continuing the proxy solicitation process while a superior cash offer exists fails to meet the Special Committee's fiduciary obligations to shareholders.

This is not a solicitation of authority to vote your proxy. Do not send us your proxy card. Stoney Lonesome is not asking for your proxy card and will not accept proxy cards if sent. Stoney Lonesome is not able to vote your proxy, nor does this communication contemplate such an event.

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Source: Stoney Lonesome HF LP