#1MakeMyTrip Ltd. (NASDAQ: MMYT) Investor Presentation August 2023 make my trip goibibo redBus 183#2Safe Harbour This presentation contains certain statements concerning MakeMyTrip's (MMYT) future growth prospects and forward-looking statements, as defined in the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the MMYT's current expectations, assumptions, estimates and projections about MMYT and its industry. These forward-looking statements are subject to various risks and uncertainties. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "may", "will", "expect", "anticipate", "aim", "estimate", "intend", "plan", "believe", "potential", "continue", "is/are likely to", "project", "seek", "should" or other similar expressions. Such statements include, among other things, quotations from management as well as MMYT's strategic and operational plans. Forward-looking statements involve inherent risks and uncertainties. A number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Potential risks and uncertainties include, but are not limited to, a slow-down of economic growth in India and the global economic downturn, general declines or disruptions in the travel industry, volatility in the trading price of MMYT's shares, MMYT's reliance on its relationships with travel suppliers and strategic alliances, failure to further increase MMYT's brand recognition to obtain new business partners and consumers, failure to compete against new and existing competitors, failure to successfully manage current growth and potential future growth, risks associated with any strategic investments or acquisitions, seasonality in the travel industry in India and overseas, failure to successfully develop MMYT's corporate travel business, damage to or failure of MMYT's infrastructure and technology, loss of services of MMYT's key executives, and inflation in India and in other countries. In addition to the foregoing factors, a description of certain other risks and uncertainties which may cause actual results to differ materially can be found in the "Risk Factors" section of MMYT's 20-F dated July 25, 2023, filed with the U.S. Securities Exchange Commission ("SEC"), copies of which are available from the SEC, our website or our Investor Relations department. COVID-19 pandemic, and the volatile regional and global economic conditions stemming from it, and additional or unforeseen effects from the COVID-19 pandemic, could also continue to give rise to or aggravate these risk factors, which in turn could continue to materially adversely affect our business, financial condition, liquidity, results of operations (including revenues and profitability) and/or stock price. All information provided in this presentation is provided as of the date of issuance of this presentation, and MMYT does not undertake any obligation to update any forward-looking statement, except as required under applicable law. We cannot assure you that the assumptions made in preparing any of the forward-looking statements will prove accurate or that any projections will be realized. We expect that there will be differences between projected and actual results. The forward-looking statements made in this presentation relate only to events or information as of the date on which the statements are made in this presentation. Our actual results, performance, or achievement may differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, we can give no assurances that any of the events anticipated by these forward-looking statements will transpire or occur or, if any of the foregoing factors or other risks and uncertainties described elsewhere in this presentation were to occur, what impact they would have on these forward-looking statements, including our results of operations or financial condition. In view of these uncertainties, you are cautioned not to place undue reliance on these forward-looking statements. All forward-looking statements attributable to us are expressly qualified in their entirety by the cautionary statements contained herein and in our future annual and quarterly reports as filed with the SEC. makemytrip goibibo redBus 2#3Multiple Tailwinds to Drive India's Low e-commerce Penetration Higher Large Economy with High Growth Forecasted¹ Largest Young Population³ to Drive Digital Adoption 2021 2022 2024 8.7% 6.8% 6.8% 44% 49% 7% 29% 59% 12% 8.4 % 3.0% 4.5% 5.4% 2.7% India to Become $5 Trillion Economy by 20262 ~142 Million Additional Middle-Income Households by 20304 54% ~158 2018 2.5% 31% Internet Users 78% 311 (In Millions)5 92% ~300 2030 Share of Middle-Income Households in overall population makemytrip goibibo redBus 52% Age 0-24 Age 25-64 Age 65+ 2nd Largest Base of Internet Users5 1050 73% % of Total Internet users to total poulation 7597 17% 1.4 Billion 50% Internet Users in India by 20305 3 Source: ¹IMF World Economic Real GDP Outlook January 2023, 2Government of India estimates ³CIA World Fact book 2022 estimates, "World Economic Forum (January 2019), 5Statista estimates as of July 2023, 6World Bank Data, IAMAI Report (May 2023)#4We are the largest Online Travel Company in India MAKEMYTRIP, GOIBIBO & REDBUS Unmatched Customer Reach 67Mn+ 407 Mn+ 74Mn+ Lifetime Transacted Customers App Downloads Monthly Active Users OF 3 out of 1 out of 10 Domestic Flyers 26 Mn+ Hotel Room Nights 73 Mn+ Bus Tickets makemytrip goibibo redBus *These are not unique users across brand & devices Book with go-mmt Sold in FY23 Sold in FY23#5Travel Super-App Across Demand Segments B2C Multiple Brands Catering to all Travel Use Cases Loyalty Programs driving Customer Retention OTA B2C Platforms / Brands make my trip goibibo Air Ticketing Airline Ancillaries Hotels Alternative Accommodations Holiday Packages In-Destination Activities Trip Planning Travel Insurance Trip Money a make my trip group company Ground Transport Brands (redBus redRail Bus Ticketing Bus Hire Rail Airport Transfer Intercity Cabs Yde Travel Credit Book Now Pay Later No Cost EMIS BookMyForex a make way trip group.cocepanty Forex com Global Cards/Currency Remittances Non B2C my Biz by make my trip makemytrip goibibo redBus Corporate Quest2Travel by make my trip 5 B2B2C my Partner by MakeMyTrip myAffiliate Amazon Pay PhonePe HDFC SmartBUY#6Technology - Driving Growth & Scale Data - Driving Differentiation B2C Platforms Non-B2C Platforms Supplier Platforms my redBus my Partner by MakeMyTrip go my Biz my Affiliate by MakeMyTrip Hotel Owners Home Stay Owners Cab Operators Insights Driven, Differentiated Offerings (Fare Lock, Zero Cancellation, Trip Guarantee, Hotel-Ranking, Risk/Fraud assessment, etc.) B2C Business Layer Corporate/B2B2C Business Layer Common Platforms powering all Businesses Inventory & Content Data Pipeline & Data Science Models Cloud Infra Security Reliability Performance User Management Language Currency Payment Service Ad-Tech UI Components makemytrip goibibo redBus Key Pillars of Engineering Platforms Bus Operators#7Market Leader with Superior Domestic Brand Awareness 59 Top Of Mind Awareness¹ 10 5 make my trip goibibo .com Dil toh roaming hai 55 ClearTrip 4 1 Booking.com Yatra EaseMyTrip Top Of Mind Awareness¹ 8 redBus Paytm 5 AbhiBus makemytrip goibibo redBus 7 Source: KANTAR Brand Health Report commissioned by Company during Q1FY24 1 Top of Mind Awareness; Survey Question of first brand that comes to mind when thinking about travel brands#8Flight Ticketing Large Segments with Low Online Penetration and Long-Term Growth Potential Accommodation Booking Ground Transport Leading market share for Domestic & International Air Ticketing ✓ Strong recovery, growth and long-term supply expansion in Indian aviation market Growth driven by expansion of infrastructure¹, new routes, and additional aircraft orders Domestic Air Passengers Flown (in millions)¹ 18.9 30.7 24.8 23.4 18.8 11.0 35.8 32.5 30.2 37.5 38.6 ✓ Large Domestic & Outbound Opportunity Available Low Online Domestic Hotel Penetration ✓ Fragmented Hotels & Alternative Accommodations Supply Pan India & International Destinations Supply Available for All Hotels Segments & Alternative Accommodations Proprietary Supplier Enablement Technology Platform for Distribution 2 Strong Brands to Drive Volumes ✓ High Fragmentation of Bus Operators - Seeking Digitization & Online Distribution 5,000+ Active Bus Operators Signed on Platform globally Unique Bus Operator GDS Platform to Digitize Inventory & redBus App for Online Distribution India's Playbook Expanded into International Bus Markets Expanding into Rail Ticketing and Inter- City Cabs in India 8.9 2.3 Q2CY20 Q3CY20 Q4CY20 Q1CY21 Q2CY21 Q3CY21 Q4CY21 Q1CY22 Q2CY22 Q3CY22 makemytrip goibibo redBus Q4CY22 Q1CY23 Q2CY23 8 Source: ¹Director General Civil Aviation Data, Ministry of Civil Aviation; UDAN scheme (Ude Desh ka Aam Nagrik) is a regional airport development and connectivity scheme aimed at making air travel affordable and widespread by Government of India#9Wide Range of Hotel Options in India and globally MMT ASSURED Trident Gurgaon ✰✰✰✰✰ Sector 19 9.7 km from T3-Delhi Airport (IGI Airport) Premium Luxurious Business Stays MMT ASSURED Vivid Boutique Hotel ***** Sector 38 Couple Friendly MySafety-Safe and Hygienic Stays go STAYS The Trident Safety Shield Our Commitment to Cleanliness & Hygiene Doctor on Call Childcare Services More Options: Breakfast Available @ INR750 Doctor on Call Free Wi-Fi More Options: Breakfast Included | Pay@Hotel Get a Complimentary Breakfast on select rates Restaurant • • Premium (5 stars) Delivering Superior Personalised End-to- End User Experience Leveraging Loyalty Programs to Drive Retention Targeting High Spending & Repeat Customers Curated supply driving growth Mid Tier (3 & 4 stars) Wide Selection & Choice Further Driving Online Bookings • Enhanced Customer Experience (Pre- Booking, Post Sales & On Trip) • Use of Technology making discovery and buying experience more intuitive and delightful Hotel Onn Shelter Inn Andheri West 4.2 Ratings 4.2/5 goSafe High Safety & Hygiene 4185 3138 per room per night Budget • Budget Certification Program Good Ratings & Standard Amenities • Consistency Across Fragmented Supply • goStays Certified Properties Available Offering Curated Domestic & International Hotels Catering to Indian Travelers' Needs makemytrip goibibo redBus#10Alternative Accommodations - Emerging choice and Long-Term Growth Opportunity COZY STAYS IN A budget. #MYKINDASTAY CREATE memorable moments AS YOU SHARE STORIES WITH YOUR HOST Alternative to Traditional Hotel Experience Wide range of options- Villas, Apartments, Hostels etc. Unlocking Off-Beat Locations Broadens Customer Reach A CRAZY GANG +A PRIVATE STAY =good times. HISTORIC VILLAS SE CHARM HOKE PAO #YEH MERAINDIAWAALI FEELING Inventory available for both Independent Hosts and Chains Partnering with State Tourism Boards to Promote Local & Community Based Travel makemytrip goibibo redBus • Increasing Supply The French Quarters of Pondicherry have charming #MrKINDASTAY 10#11Holiday Packages Further Driving Connected Trip Experience Starting From New Delhi Search Destinations Change City Largest OTA offering holiday packages Demand fulfilment through multiple channels Destinations Honeymoon · F Featured Travel C • - Online App / Website • Offline Holiday Experts, Franchise Best selling destinations! Book now to grab best offer Goa Thailand Kerala Himach International Destinations Now travel the world without any hassle! Europe Starting at 13,200 Dubai Wide range of destinations both Domestic and International Packages to suit every need • Fixed & Group Packages • Frequent Individual Traveler (FIT) & Customised Packages Ancillary Services Create Sto the Heart! Starting at TAJ Holidays Trip & Activity Planning Forex & Visa Services 21,000 Holidays by Theme makemytrip goibibo redBus Need Help Curated Holiday Packages with Deep Integration of Add On & Cross Sell Services 11#12redBus - Leading Bus Ticketing Brand with Full Stack Technology Solutions redBus MULTIPLE BUS SERVICES Choose from various bus services, coach companies and your preferred seat. Consumer Booking Platform Plan your travel with THE WORLD'S LARGEST BUS BOOKING PLATFORM TO Help USD▼ Manage Booking Ω ONWARD DATE RETURN DATE (Optional) Search Buses WHY BOOK WITH US? SECURED PAYMENTS redBus has the highest security standards and keeps your information and purchases completely safe and secure GLOBAL COVERAGE We constantly add bus supply for different countries. Get all your bus travel needs covered under one roof Supplier Distribution Platform Single sign on platform for all your needs! SUPERIOR CUSTOMER SUPPORT Our customer support will ensure to service all your queries. User Name Leading Bus Ticketing Brand with Superior Customer Experience Comprehensive Selection & Choice of Intercity Bus Operators (Public & Private) Live Bus Tracking & Fleet Management Platform Supplier Platform for Bus Operators to help Digitize Inventory & Distribution Management - Hosting Over 50% of Inventory in India's Private Bus Market Travel Agent & API Distribution Platform (13K+ agents and 100+ API partners across India) India playbook replicated in International markets - now also operating in LATAM & Southeast Asia - BOOK BOOKING PLATFORM widely accepted booking platform with maximum inventory and attractive commissions USER MANAGEMENT manage users in system with easy settings, transparent accounting various permission levels Password SIGN IN LOST PASSWORD? CONFIGURE CAMPAIGNS configure attractive campaigns and get maximum visibility with higher occupancy ITS FREE! SUBSCRIBE NOW Easy, Fast and enriched with features you actually use ! Instant integration Get an instant hassle free integration with your current Inventory management system. Reports and statistics Customized reports and analytics helps you get a better insight of industry. makemytrip goibibo redBus 12 Customers 38+ MN happy customers globally Operators 5,000+ network of bus operators worldwide Bus Tickets 250+ MN bus tickets sold since FY18#13Ground Transport - Cabs & Trains Extending Customer Reach Hatchback Swift, WagonR or similar" Ogosafe Lowest Price Guarantee else get 5x difference. Outstation Cabs • 2317 *3223 • • Convenience of online booking Market largely fragmanted and offline Ability to compare prices & cab categories Expert & verified drivers Catering Short drive holidays & Staycations • SUV 3105 Ertiga or similar *4099 • gosafe know more • Assuring safety & sanitization using Lowest Price Guarantee else get 5x difference. Know more # Safety Feed from our partner drivers Thousands of travellers are travelling safe everyday Shyamu #SafePractices 9 hours ago 9 hours ago 9 hours ag One-way fares-lowest price Free reschedule allowed Assured cabs with location tracking • machine learning algorithm rYde assured cabs to drive superior customer experience Look for yde Assured partners to get Yde by reddu de Amund Professional Drivers Ride with uniformed, verified drivers. ide Assured 24 x 7 Customer Support Dedicated team to answer all your queries. Airport Cabs • • • • Convenience of attaching cab while booking a flight Easy and quick hop on experience - customers board cabs from partner kiosks Fare lock - no surge pricing Safety & sanitization assurance provided 10770+ serviceable routes. Learn More Dzire, Etios or similar" Sedan | Ac | 4 Seater 4.2/5 10789 ratings MySafety-Safe & Hygienic Cabs 41 kms included .16.0/km after 41 kms • 2 Luggage Bags Protective shield installed between front & back seats de Assured Superior Sanitization Travel in audited. clean hygienic vehicles Transparent Pricing Accurate billing, inclusive of GST, State Tolls. Taxes and Permits. de Assured Live GPS Tracking Enjoy live-tracking. while you wait. Indica, Swift or similar" Hatchback | Ac | 4 Seater 4.4/5 2323 ratings MySafety-Safe & Hygienic Cabs 887 inc. of tolls and taxes 41 kms included 16.3/km after 41 kms 911 inc. of tolls and taxes ⚫ 1 Luggage Bag Dzire, Etios or similar" Train Ticketing Capturing next 100 million users One of the most frequently used travel method in India - help extend reach Targeting users from Tier 3 & Tier 4 cities and introducing them to online travel at an early stage of internet adoption Build lifetime value of onboarded users - cross selling other travel products red Rail High frequency use case helps in user retention Standalone red Rail App; one of the lightest App with a size of 7.2 MB makemytrip goibibo redBus 13#14Increasing Focus on Gaining Greater Corporate Travel Wallet Share my Biz by make my trip make my trip FOR BUSINESS 2 Platform Approach Comprehensive Self Serve Solution for SMEs makemytrip goibibo redBus 9:19 M * N Hy Home> • Flights Hotels Airport Cabs Outstation Cabs Bus Workation Venues Gift Cards MICE Admin Settings Pending Requests Offers & Updates VIEW ALL Business Travel Biz myBiz Charters and Group Bookings Now Available Enjoy exclusivity at a special fare! Travel Safe Your safety: our priority Busine my Biz #Br take Explo and re VIEW DETAILS Your guide to help you make smart travel decisions during COVID-19 > • Simplified User & Booking Experience Personalized Content and Features for Corporates . Automated Invoice & Expense Management Solution • Digital Platform for Large Enterprises with customization capabilities Quest2Travel by make my trip Travel Policy Approvals Bookings Documentation Spend Management Reports Robust Reporting & MIS Cost Savings Features Leveraging MMYT'S Supply Advantage • Customized Modules to Meet Large Enterprise Customers' Needs • All Use Cases Automated • Leveraging MMYT's Hotel Supply Advantage 49k+ Active Accounts • 271 Active Accounts as on 30th June 2023 Largely Fragmented and Offline Corporate Travel Market Largest OTA in Corporate Travel Market 14#15Multiple Tech Enabled Distribution Channels to Aggregate Demand myAffiliate amazon Pitt The SWCrow as a Assesses Pydigan dengey Rity Soy Game Food & Prsonal Dat Shopping made e tonicat the app amazon pay Flights وجع Dell Muntil Add 801T d ON BY Why book flights with us Get products for your travel needs myPartner Get 100% OFF on the Sign Up Feel VISTANCE OF BESTEVEIRATES muri Signup & get started! Dal VASELINE CONFIDENTALITY ARE Real Benefits for you and your customers Putusands of th Butation Swingathochstdractly th Exam myAffiliate - power other online platforms for travel services; Partnerships with Amazon Pay, PhonePe, and HDFC Smart Buy etc. myPartner Offline & Local Travel Agents Booking Platform (38,000+ registered travel agents) makemytrip goibibo redBus 15 Franchise & Holiday Experts make trip Dil toh roaming hal Franchise Network for Offline Sales Holiday Experts Assisted Holiday Package Sales#16International Expansion - New Growth Markets UAE OTA Platform- International Platform with Localized Offerings make trip リ حجز الرحلات الداخلية والدولية راكب . إرجاع . طفل 1 بالغ 2 07 اکتوبر 017 98 الاقتصاد لايت رحلة واحدة 26x7 ہے طيران العطل مغادرة . 22 اکتوبر 17 الثلاثاء الثلاثاء عمليات البحث الأخبية الثلا الثلاثاء الثلاثاء الثلا بحث شركاء السفر الموثوق بهم شركاء السفر الموثوق بهم 46 مليون عميل سعيد حجزوا 46 مليون عميل سعيد حجزوا معنا حتى الآن. معنا حتى الآن. تسجيل الدخول انشاء حساب ENGLISH اتجاه واحد ذهابا وإيابا 0 مدينة متعددة من عند من عند DEL دلهي DXB دبي شركاء السفر الموثوق بهم 20 46 مليون عميل سعيد حجزوا معنا حتى الآن. عروض سوبر الكل طيران الفنادق الأعياد رسوم الإلغاء صفر على الرحلات الجوية إذا لقاء تذكرتك م 379 فقط صالح حتى 1 نوفمبر 11 رسوم الإلغاء صفر على الرحلات الجوية ضمان استرداد الأموال بنسبة 100% اذا قمت بالغاء تذكرتك ع صالح على 2 نوفمبر 17 379 فقط تطبق الشروط والأحكام 4 Search ul 10:23 AM @100% Atlantis The Palm Hotel & Resort Dubai 4.5/5 High Digital Reach & GDP Scope for increasing online penetration in Travel Booking • Brand Bleed effect HOTEL Palm Jumeirah View on Map Based on 985 ratings. Click to read reviews. redBus OUR GLOBAL PRESENCE COLOMBIA INDIA INDONESIA 88+ PHOTOS MALAYSIA PERU SINGAPORE Thermal Sanitizers Screening Installed Staff Hygiene Doctor on Call Kids Play I Area . Not included: Taxes and convenience fee AED 1197 Per night (2 Adults) SELECT ROOM • Providing a Localized Booking Experience (UAE Sites Supply, Traffic, Payments, Arabic Language) makemytrip goibibo redBus 16 I X . • Large and fragmented bus inventory Multiple suppliers & competition between bus operators in a route High internet penetration & increasing digital payments adoption • Conducive regulatory environment#17Improved Loyalty Programs & High Repeat Business Welcome to ✪ MMTBLACK Taking Your Travel Experiences TO THE NEXT LEVEL! goTribe Superstar Overview Hey Tanya! Here is an overview of your 1-year-long go Tribe SuperStar membership Your travel spends From 02 Dec 20 goTribe Star goTribe SuperStar Membership Validity: 13 Sep'22 to 13 Sep 23 Benefits View details > €25,000 • Completed travel 151,188 Upcoming travel *5,287 €1,25,000 Don't miss out on instant gocash post booking, extra discounts, complimentary benefits & rewards. *496 Your goTribe savings View details > MMTBLACK (MakeMyTrip) • More benefits for members - spend based (3 tier) program offering extra discounts, cashbacks & free upgrades • • Ringfencing & rewarding high spending users for loyalty & repeat transactions Benefits linked with customer spends (across 3 tiers); with a mix of Direct Cash (MyCash) & Partner Benefits go Tribe (Goibibo) Spend-Based (2-tier) program offering Exclusive discounts & perks (early check-in, room upgrade & airport transfers, etc.) Cashback to customers post-completion of bookings coupled with exclusive Supply benefits Reward users with surprise cashback to drive repeat & cross sell ~1 Mn enrollees • 1.8 Mn+ enrollees makemytrip goibibo redBus 17#18MakeMyTrip Foundation - Corporate Social Responsibility MAKEMYTRIP FOUNDATION • • Climate Action Dense afforestation pan-India, including Rajasthan, Uttarakhand, Kashmir and Sikkim, with plantation of over 1.5 million trees. Partnership with Andaman Islands Government for an integrated development initiate at Neil island in Andamans - tackling marine waste and ocean plastic, provision of water ATMs to cut down usage of single-use plastic bottles. End to end waste management initiatives in Sahastradhara and Kempty Falls in Uttarakhand (including door to door waste collection, awareness and sensitization, and management of waste (segregation and recycling). • • • Community Empowerment Destination level integrated rural tourism initiative in Uttarakhand with Tata Trusts - setting up of homestays and cafes as an alternate livelihood source, curating local experiences and trails led by women from the communities, and setting up an all women led travel agency. Scholarship to 100+ Covid orphans to support continuity in education. Supporting visually impaired students with the National Association for the Blind. Partnership with Worldwide Fund India to empower local communities and create alternate livelihood sources - upskilling the locals to run homestays and eco-cafes. makemytrip goibibo redBus 18#19Experienced Founding & Management Team Deep Kalra Founder & Group Chairman • Started MakeMyTrip in 2000 Prior Experience: GE Capital India, AMF Bowling Inc. & ABN AMRO Bank Founding member of Ashoka University & serves on the Board & Governing Council Co-chair of CII's National Committee on Tourism and Hospitality Vice Chairman of World Travel and Tourism India Chapter. • • • Bachelor's degree in Economics - St. Stephen's College MBA from Indian Institute of Management Ahmedabad, India Rajesh Magow Co-Founder & Group CEO Senior founding team member Mohit Kabra Group Chief Financial Officer • Prior Experience: Kohler India, PepsiCo, Colgate & Seagram • Member of the Board of Directors Previously Group CFO, Chief Executive Officer (India) and ex Board of Director for Flipkart Chairperson of ASSOCHAM's National Council on Travel & Tourism Vice-Chairperson IAMAI • Prior Experience: eBookers.com, Aptech Limited & Voltas Limited • • • Received BW Best CFO & Finance Strategy Award for Best CFO for Sustained Wealth Creation Bachelor of Commerce ― Osmania University Chartered Accountant from the Institute of Chartered Accountants of India Cost Accountant from the Institute of Cost Accountants of India Chartered Accountant from the Institute of Chartered Accountants of India gε GE Capital ABN AMRO ebookers Aptech KOHLER. PEPSICO leash your potential makemytrip goibibo redBus 19#20Financial Overview makemytrip goibibo redBus 20#21Indian OTA with leading Market Share, Business Scale & Profitability Total Gross Bookings (in $ millions) FY19 FY20 FY21 FY22 Highest Ever Annual Gross Booking FY23 $6,094 $5,446 Adjusted Operating Profit / (Loss) (in $ millions) FY19 $6,566 122% Growth 95% Growth $3,189 $1,635 Highest Ever Adjusted Operating Profit FY20 FY21 FY22 FY23 3x Growth $70.3 $23.2 ($18.0) ($69.9) ($98.8) Cost Rationalization leading to robust profitability $ Optimised cost of customer acquisition E $ High repeat rates Automation leading to lower customer service cost Optimised Tech Cost due to unified back-end infrastructure Strong Balance Sheet with $522 million Cash & Term Deposits (as of 06/30/2023) Gross Bookings back at $6 Bn+, with significant improvement in profitability from -$70 Mn in FY20 to +$70 Mn in FY23 makemytrip goibibo redBus 21 COVID 19 related disruption#22Strong Business Recovery post COVID disruption with Improving Profitability $ in Millions Adjusted Margin $60.6 Q1 FY23 $20.8 Air Ticketing $74.3 $74.5 $66.9 Q4 FY23 Growth +30.4% YoY² Bus Ticketing Hotels & Packages $85.6 $63.5 Q1 FY24 Q1 FY23 Q4 FY23 Q1 FY24 Growth +36.1% YoY² Others $27.3 $10.9 $9.0 $19.3 $7.9 Q1 FY23 Q4 FY23 Q1 FY24 Q1 FY23 Growth +39.7% YoY² Q4 FY23 Growth +46.9% YoY² Q1 FY24 Adjusted Operating Profit/(Loss)¹ Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 $30.1 Pre-Covid Year Covid19 Nationwide Lockdown Impact Covid19 2nd Wave Peak in May 2021 $19.7 $19.0 $16.5 $11.1 $13.2 $12.0 $15.1 $5.2 $6.6 ($11.0) ($10.3) ($12.9) ($19.3) ($21.3) ($29.2) ($8.6) Strong Recovery Post 2nd Wave Highest Quarterly Adjusted Operating Profit makemytrip goibibo redBus Operating Leverage driving Profitability - Profitable for 8 quarters in a row 22 1. 2. Adjusted for non-cash Share based compensation and Acquisition related Intangible Amortisation Constant Currency Growth#23Thank You makemytrip goibibo redBus 23