#1lastminute.com Investor Relations Presentation RJES LANT lastminute.com#2Safe Harbour Statement The material in this presentation has been prepared by lastminute.com N.V. and reports general background information about lastminute.com activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. 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This presentation or the information contained therein is not being issued and may not be distributed in the United States of America, Canada, Australia, Japan or any other jurisdiction where action would be required for any distribution and does not constitute an offer of securities for sale in any jurisdiction. lastminute.com IR presentation | 2#3Agenda 01 lastminute.com Overview 02 Q3 2023 results 03 September YTD results 04 Guidance FY 2023 and beyond 05 Appendix#4lastminute.com is the European Travel-Tech leader in Dynamic Holiday Packages#5Our Mission Over its history, lastminute.com has built an enviable position in the European travel space, becoming one of the leading players in the European travel tech arena. Our unique positioning gives us a strong and healthy foundation from which to continue innovating. To lead the travel industry by leveraging technology to simplify, personalise, and enhance our customers' travel experience lastminute.com#6History End of 2022 welcomed a new era which followed years of strong organic and non-organic growth and resilience during unexpected events volagratis bravofly 2004 10 FTE 2007 IPO weg.de hotelscan JETCOST rumbo lastminute.com : 2019 2022 2018 crocierissime 2017 Covid-19 2015 New Governance Transition to new era 2014 2012 €145m Revenue €341m Revenue 643 FTE 1,417 FTE Flight-centric business model Shift towards Dynamic Holiday Packages €305m Revenue 1,587 FTE New era lastminute.com IR presentation | 6#7Dynamic Packages - clear success story Dynamic Packages are highly beneficial for our customers Geographical coverage: unique licence portfolio to 7 sell Dynamic Packages across all Europe (>30 markets end of '23) 00 % חיייייו Deferred payments solutions: 51% of our Dynamic Packages are sold with deferred payments solutions (with 0% interest rate) Price advantage: We ensure advantageous pricing for packages, being cheaper than combining flight+hotel separately Customer protection: Full protection for the customer as his trip is fully secured in case of changes on the supplier's side Flexibility: DP engine provides almost unlimited flexibility of combinations among flights and hotels for each destination Cumulated countries 6 Evolution of market presence over time Soon 9 11 13 18 28 +2 2014ACT 2015ACT 2016ACT 2017ACT 2018ACT 2019ACT 2020ACT 2021ACT 2022ACT 2023FCST lastminute.com IR presentation | 7#8Uniquely positioned in Dynamic Packaging The most exciting, fastest growing portion of Europe's travel landscape We are uniquely position as the only pan-European dynamic packaging specialist of scale OTA Dynamic Packaging growing at ~20%, faster than the rest of the European market Number of countries active 7 Expedia eDreams TRADITIONAL TOUR OPERATORS ✓ TUI DER Touristik Thomas Cook Traditional packages Sources: Euromonitor, Estimates CORE FOCUS ON DYNAMIC PACKAGING lastminute.com UK ONLY Beach loveholidays TravelRepublic ~€614bn European travel market ~€407bn European online travel market ~€230bn European online travel intermediaries ~€43bn Intermediaries online travel packages ~€9bn Dynamic Packaging CAGR 2022-26E ~13% ~14% ~14% ~17% ~20% Est. €15bn by 2026 Dynamic packages lastminute.com ~15% MARKET SHARE lastminute.com IR presentation | 8#9European footprint in largest travel markets Well-established brand setup in 5 core markets and growth market development ES 8% Other International brands lastminute.com bravofly JETCOST hotelscan 15% UK 24% IFRS Revenues 2022 15% IT 21% DE 17% FR Focus market brands weg.de volagratis crocierissime rumbo Core markets Growth markets lastminute.com IR presentation | 9#10Group structure Dutch holding with an operational European footprint headquartered in Chiasso, Switzerland WE HEADCOUNTS DISTRIBUTION [Country's HCs/Total HCs] Our employees 15878 employees 48% 52% Women Men 55% Employees under 35 Leaders under 45 71% 59 A nationalities 99%團 permanent contracts 80 countries Source: Figures as of 31.12.2022 CH 30% ES 31% GB 3% FR 2% DE HEADCOUNTS DISTRIBUTION BY PROFESSIONAL FAMILY 4% DEPARTMENTS HC PL IN 3% 18% Business Units 405 Customer Care 500 IT 9% Technology 458 Corporate Services 224 OFFICES Bangalore (IN) London (GB) Berlin (DE) Paris (FR) Madrid (ES) Milano (IT) HQ-Chiasso (CH) Barcelona (ES) Sanremo (IT) Munich (DE) Szczecin (PL) lastminute.com IR presentation | 10#11European players Examples Market positioning lastminute.com is active in the travel industry and competes with local and global online and offline players Global players Revenue 2022 Core Markets Dynamic Packages Static Packages Flights Accommo- dation Cruises Metasearch Booking.com Expedia €15.4B US and Europe €10.5B US and Europe €7.6B US and Europe airbnb Skyscanner Trip.com n/a Global leDreams €538M Europe lastminute.com €305M Europe On the a €163M UK Beach TUI Jet2holidays LOGITRAVEL €17.9B* Europe (recently) €1.4B* UK ** n/a Spain ab in den urlaub invia n/a Germany * Revenues of tour operators are comparable to gross travel value of travel agencies ** Owned by Viajes El Corte Inglés lastminute.com IR presentation | 11#12Multi-layer plan supported by clearly defined strategic pillars to capitalize on the online travel market levers Demand Conversion Loyalty Operating Leverage • Increase Flight and hotel volumes through META channels • Expand hotel, TO and Ancillaries supply • Expand B2B partnerships • Optimize performance marketing • Brand marketing investments •Further develop our FinTech capabilities • Price advantage driven by ancillaries ⚫Improve Customer Experience ●Invest in our App • 2x repeat booking frequency on app vs. mobile web and desktop • Improve Customer satisfaction and customer service Increased profitability due higher demand, increased conversion and repeated bookings • Further cost structure improvements • Generate margins out of cancellations S ☑ lastminute.com IR presentation | 12#13Dynamic Packages offering combines unique travel experiences with advantageous offers and benefits Dynamic Packages are highly beneficial for our customers... S₂ Geographical coverage: unique licence portfolio to sell Dynamic Packages across all Europe (>30 markets end of '23) Deferred payments solutions: 51% of our Dynamic Packages are sold with deferred payments solutions (with 0% interest rate) Price advantage: We ensure advantageous pricing for packages, being cheaper than combining flight+hotel separately Customer protection: Full protection for the customer as his trip is fully secured in case of changes on the supplier's side Flexibility: DP engine provides almost unlimited flexibility of combinations among flights and hotels for each destination lastminute.com IR presentation | 13#14Driving increased customer loyalty through engaging mobile app on which repeat bookings 2x the frequency vs. other platforms How we'll do it Why App is key Repeat bookings via APP • Users on our app are twice as likely to book again compared to other platforms Marketing • Reduced reliance on external paid channels • Amplifies resources to further support growth user experience User experience • Enhanced user experience through proprietary implementation • "App first" approach overcomes "one-size-fits-all" challenge while introducing new features across multiple platforms Communication • Assistance throughout every step of the journey • Push notifications, travel marketing post-booking and • engagement among bookings are effectively facilitated App enables peer-to-peer functionalities, including wishlist creation and collaborative booking • App prices • 1 Discounted revenue Aggressive app-only promo campaigns Time and content limited flash sales with an app exclusive content • Contests to promote the app • App-only features & perks - free services • Vouchers 2 Investments · Referral programs App Store Optimization • Content marketing and Social Media Campaigns for the app 50/50 budget split: App offers and marketing lastminute.com IR presentation | 14#15Agenda 01 lastminute.com Overview 02 70 Q3 2023 results 03 September YTD results 04 Guidance FY 2023 and beyond 05 Appendix#16Q3 2023 | Focus on profitable growth driven by DP ADJ. EBITDA % DYNAMIC PACKAGES Gross profit share ** GTV -4% vs. 2022 Substantially in line vs LY with higher DP GTV (+36%) driven by higher volumes (+26% DP Bookings vs Q3 2022) REVENUES* +3% vs. 2022 Revenues grow vs LY driven by DP (+ 46% vs 2022) +63% vs. 2022 Adjusted EBITDA showed strong growth 49% Gross Profit share Dynamic Package share kept growing vs 2022 (increasing its weight by 11pp compared to Q3 2022) * Managerial figures including B2B and B2C segments. A few B2B business such as META and MEDIA do not generate bookings. **Gross margin Margin includes both variable revenue and costs. lastminute.com IR presentation | 16#17Dynamic Packages represent half of the Revenues and Gross Profit of the Group growing approx +50% vs Q3 2022 +3% (+21% Other 81.4 79.0 Other 32.5 Dynamic Package Dynamic Package 26.9 42.2 52% 52.1 66% 16.7 51% 16.8 62% 2023 vs 2022 39.2 (19%) +46% 26.9 34% 48% Q3 Q3 2022 2023 +14pp share 2023 vs 2022 15.8 (1%) +56% 49% 10.1 38% Dynamic Package Marginality 10% 11% % on Revenues Dynamic Package Take Rate % Rev* on GTV REVENUES €m (*) Value Streams full perimeter, net of ADV rev and CoMktg fund release Q3 Q3 2022 2023 13% 19% +11pp share GROSS PROFIT €m lastminute.com IR presentation | 17#18Focus on profitability growth mainly driven by DP B2C and more efficient marketing spend both on Flights and DP +3% (+21% B2B 81.4 B2B 79.0 32.5 B2C B2C 29.0 31.2 26.9 11.8 37% 38% 36% 11.4 42% 2023 vs 2022 50.0 50.2 2023 vs 2022 63% 62% 15.5 20.7 64% +8% +4% 58% +1% +34% Q3 2022 Q3 2023 Take Rate % Rev* on GTV 8% 9% Mktg Spend €m % on Revenues Q3 Q3 2022 2023 34.2 31.7 43% 39% REVENUES €m (*) Value Streams full perimeter, net of ADV rev and CoMktg fund release GROSS PROFIT €m lastminute.com IR presentation | 18#19Q3 2023 | Ebitda adjusted +63% vs 2022 EBITDA margin from 10% to 15% Q3 2023 Q3 2022 % 23 vs. 22 GTV (Єm) 815 845 (4%) Revenues (€m) 81.4 79.0 +3% Thereof: B2B 31.2 29.0 +8% Thereof: B2C 50.2 50.0 +1% Gross Profit (€m)* 32.5 26.9 +21% in % of Revenues 40% 34% Thereof: B2B 11.8 11.4 Thereof: B2C 20.7 15.5 +4% +34% Adjusted EBITDA (€m) 12.5 7.7 +63% in % of Revenues 15% 10% • Highlights 3Q FY23 The increase in DP ABV pushes GTV to -4% despite the decreasing trend in bookings. Gross Profit B2C growth linked to increased efficiency in performance marketing which weights 35% of Revenues in Q3 2023 vs. 40% of Revenues in Q3 2022. This has been reflected mostly in B2C segment. EBITDA margin significantly increased from 10% in Q2 2022 to 15% in the same period of 2023 thanks to gross profit contribution and fixed costs under control. * Gross Profit includes Non-Performance Marketing cost as well as advertising revenues formerly reflected in the MEDIA segment Note: The financials included in this presentation referring to Q3 2023 and the first half of 2023 are unaudited figures. lastminute.com IR presentation | 19#20Q3 2023 | Net Result Net Results of the Q3 2023 is positive compared to Q3 2022, impacted by the provision for the investigation in CH €m Adjusted EBITDA Highlights 3Q FY23 Q3 Q3 2023 2022 % 23 vs. 22 12.5 7.7 +63% Incentive Plans 0.9 5.5 (83%) Consultancy, Restructuring & Other (2.9) (32.9) (26%) IFRS EBITDA 10.5 (19.7) n.a. Depreciation & Amortization (4.6) (3.6) +26% IFRS EBIT Net Financial Result Taxes Net Result 5.6 (23.4) n.a. (1.5) (1.0) +51% (1.7) 5.3 n.a. 2.7 (19.1) n.a IFRS EBITDA includes effects from the incentive plans evaluation as well as consultancy and restructuring costs. Q3 2022 included the effects of the provision for investigation started in July 2022. Net Financial Result in Q3 2023 was impacted by the devaluation of the fair value of the investment held in Destination Italia SpA for €0.7M, net negative interests and negative effects from the conversion of balances in a currency different from EUR. Net result of the quarter is positive, Q3 2022 heavily impacted by the provision for the investigation. lastminute.com IR presentation | 20 20#21Agenda 01 lastminute.com Overview 02 Q3 2023 results 03 September YTD results 04 Guidance FY 2023 and beyond 05 Appendix#22YTD 2023 | Focus on Profitability growth driven by DP % GTV +13% vs. 2022 Record Gross Travel Value (GTV) in the first 9 months with Holiday Packages growing +46% vs 2022, with +38% YoY Bookings REVENUES* +9% vs. 2022 Revenues grow due to DP growth + 46% driven by higher volumes ADJ. EBITDA +16% vs. 2022 Adjusted EBITDA kept showing profitable growth DYNAMIC PACKAGES Gross profit share** ~50% share Gross Profit The share growth vs 41% in 2022 NET FINANCIAL POSITION +77% vs. Dec'22 Strong Net Financial Position (NFP) shows capability of the Group to generate Free cash flow * Managerial figures including B2B and B2C segments. A few B2B business such as META and MEDIA do not generate bookings. ** Gross margin Margin includes both variable revenue and costs. lastminute.com IR presentation | 22 22#23Growth in profitability higher than revenues driven by DP DP grow +40% on both Revenues and Gross Profit +9% (+17% Other Other 261.5 Dynamic Package 101.6 239.7 Dynamic Package 87.1 138.3 53% 155.2 65% 51.1 50% 51.2 59% 2023 vs 2022 (11%) 84.5 35% +46% 123.2 47% +9pp +12pp share share 2023 vs 2022 50.5 In Line 35.9 50% 41% +41% YTD YTD YTD YTD 2022 2023 2022 2023 Dynamic Package Take Rate 11% 11% Dynamic Package Marginality 15% 19% % Rev* on GTV % on Revenues REVENUES €m (*) Value Streams full perimeter, net of ADV rev and CoMktg fund release GROSS PROFIT €m lastminute.com IR presentation | 23#24Gross Profit grows more than Revenues mainly in B2C driven by more efficient marketing spend +9% (+17%) B2B 261.5 B2B 101.6 B2C 239.7 B2C 87.1 106.1 41.5 86.8 36% 41% 41% 36.7 42% 2023 vs 2022 152.9 64% 155.4 59% 2023 vs 2022 60.1 50.5 59% +18% +12% 58% +2% +19% YTD 2022 YTD 2023 Take Rate % Rev* on GTV 8% 8% Mktg Spend €m % on Revenue YTD YTD 2022 2023 104 104 43% 40% REVENUES €m (*) Value Streams full perimeter, net of ADV rev and CoMktg fund release GROSS PROFIT €m lastminute.com IR presentation | 24 14#25HR Fixed Costs reflect Tech talent investments Running Costs driven by IT operating expenses (+20%) (+16%) CAPEX Variable Travel, Training 20.7 43.5 & Events 1.3 4.7 Overhead Compensation 17.7 HR Fix 36.1 IT & Initiatives 1.5 2.4 (P&L Impact) 7.0 5.8 51.9 42.8 2023 vs 2022 +94% +21% +43% Headcount Average Ytd % Net Cost on Rev 2023 vs 2022 +9% +21% -9.1 -13.1 +19% YTD YTD 2022 2023 974 1.070 % on Revenues 18% 20% HR FIXED COSTS €m 12.4 10.4 YTD YTD 2022 2023 7% 8% RUNNING COSTS €m lastminute.com IR presentation | 25 45#26September 2023 YTD | Ebitda Adjusted + 16% vs 2022 YTD 2023 YTD 2022 % 23 vs. 22 GTV (€m) 2,841 2,506 +13% • Revenues (€m) 261.5 239.7 +9% • Thereof: B2B 106.2 86.8 +18% Thereof: B2C 155.4 153.0 +2% Gross Profit (Em)* 101.6 87.1 +17% in % of Revenues 39% 36% • Thereof: B2B 41.5 36.6 +12% Thereof: B2C 60.1 50.5 +19% Adjusted EBITDA (€m) 37.4 32.4 +16% in % of Revenues 14% 13% Highlights YtD Sept 2023 Strong Revenue growth driven by DP higher volumes Gross Profit benefited from the increased efficiency in performance marketing, especially in B2C (DP and flights) and from the growth of B2B affiliation and comparketing business Increase in Gross profit translated into Adjusted EBITDA even if average headcounts for the nine months are substantially higher in 2023 vs 2022 (+96HC compared previous years) * Gross Profit includes Non-Performance Marketing cost as well as advertising revenues formerly reflected in the MEDIA segment Note: The financials included in this presentation referring to Q3 2023 and 9M 2023 are unaudited figures. lastminute.com IR presentation | 26#27September 2023 YTD | Net Results €m YTD 2023 YTD 2022 % 23 vs. 22 Highlights YtD Sept 2023 IFRS EBITDA includes negative effect from the incentive plans valuation as well as consultancy and restructuring costs. Q3 2022 included the effects of the provision for investigation started in July 2022. Net Financial Result YTD September was impacted by the devaluation of the fair value of the investment held in Destination Italia Spa, net negative interests and negative effects from the conversion of balances in a currency different from EUR In only 9 months the Group had a double digit positive result while in 2022 the bottom line was heavily impacted by the provision for the investigation. Adjusted EBITDA 37.4 32.4 +16% Incentive Plans (2.7) 7.6 n.a. Consultancy, Restructuring & Other (3.8) (32.0) (88%) IFRS EBITDA 31.0 8.0 +287% Depreciation & Amortization (12.9) (10.7) +21% IFRS EBIT 18.0 (2.7) n.a. Net Financial Result (2.8) (3.1) (11%) Taxes Net Result (5.1) 1.7 n.a. 10.1 (4.1) n.a. lastminute.com IR presentation | 27 27#28Cash Curve reflects a solid position at gross and net level Gross Cash at 118.4m€ and Net Financial 74m€ ЄM 219.8 SECO liabilities fully repaid 167.0' 152.2 156.7' 144.3 118.5 125.4 118.4 102.5 91.3 80.3 77.9 74.4 76.4 76.4 ཡང 74.0 71.4 63.0 74.0 65.7 41.7 Jan Feb Mar Apr May Jun Jul Aug Sept 2022 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Cash & Cash Equivalent <- NFP Undrawn (available at Company request) *February 23: repayment of Swiss COVID loan (€-15.3M) *May 23: repayment of SECO subsidies (-€29M, o/w €7 were freezed in a deposit) 2023 lastminute.com IR presentation | 28#29September 2023 YTD | Cash Flow The cash generation during the period is lower mainly due to €29.5M of reimbursement of Swiss subsidies and repayment of a Covid-19 loan for €15.3M. €m IFRS EBITDA Change in Trade Working Capital YTD YTD 2023 2022 31.0 8.0 27.2 57.2 Change in Other Assets & Liabilities (30.3) 4.0 Income Tax (paid) / collected (1.9) (3.6) Cash Flow from operating activities 26.0 65.6 Cash Flow from investing activities (11.0) (12.4) Financing and equity movements (11.1) (15.7) Repayment of lease liabilities (3.9) (2.9) Cash Flow from financing activities (15.0) (18.7) Net increase / (decrease) in Gross (0.1) 34.6 Cash Highlights YtD Sept 2023 Business Working Capital: The lower positive effect in FY 23 is linked to the increase in trade and other receivables during the period, as a result of the higher amounts of deposit & balance as a method of payment. The increase in receivables from a cash flow perspective is a lower cash in. Other Assets & Liabilities: The amount of YTD 23 mainly includes the cash out for repayment of Swiss subsidiaries in connection with the SECO administrative procedure. Financing & Equity movements: in 2023 the Group has fully repaid a Covid-19 loan for €15.3M and has reduced the amount of credit lines drawn. The amount also includes the interest paid during the period. In 2023 the Group has benefited from the subsequent annulment of the Freesailors transaction with a positive effect of €15.3M on Gross Cash. lastminute.com IR presentation | 29 29#30Agenda 01 lastminute.com Overview 02 Q3 2023 results 03 September YTD results 04 Guidance FY 2023 and beyond 50 05 Appendix#31Guidance FY 2023 Profitable growth expected for the full year +~10% (before 10-15%) Revenues +~25% (before 10-15%) Adj. EBITDA FY 2023 expectation Revenues for FY 2023 expected to grow approx. 10% vs. 2022 driven by Holiday Packages growth Adj. EBITDA expected to grow approx. 25% vs. 2022 lastminute.com IR presentation | 31#32Uniquely positioned in Dynamic Packaging The most exciting, fastest growing portion of Europe's travel landscape We are uniquely position as the only pan-European dynamic packaging specialist of scale OTA Dynamic Packaging growing at ~20%, faster than the rest of the European market Number of countries active 7 Expedia eDreams TRADITIONAL TOUR OPERATORS ✓ TUI DER Touristik Thomas Cook Traditional packages Sources: Euromonitor, Estimates CORE FOCUS ON DYNAMIC PACKAGING lastminute.com UK ONLY Beach loveholidays TravelRepublic ~€614bn European travel market ~€407bn European online travel market ~€230bn European online travel intermediaries ~€43bn Intermediaries online travel packages ~€9bn Dynamic Packaging CAGR 2022-26E ~13% ~14% ~14% ~17% ~20% Est. €15bn by 2026 Dynamic packages lastminute.com ~15% MARKET SHARE lastminute.com IR presentation | 32 32#33Comprehensive growth plan supported by clearly defined pillars B2B B2C <1> DYNAMIC PACKAGING Optimize Invest on our App Performance marketing Invest in Brand marketing Leverage Flight Expand DP B2B partnerships Affiliation development Standalone services OTHER PRODUCTS / ACTIONS HOTEL G Other actions HOTEL 000 סרס Leverage Hotel Grow Flight Grow Hotel Grow TO Expand Ancillaries Develop FinTech Improve Customer Experience lastminute.com IR presentation | 33 33#34Key pillars to drive mid-term strategy Focus on profitable growth Successful shift towards Dynamic Packages Comprehensive package of measures lastminute.com IR presentation | 34#35Profitable Growth mid-term outlook EBITDA Adjusted back to PreCovid Level in 2024 Mid term target revenues above 600m€ Mid term EBITDA Adjusted to triple vs. 2023 lastminute.com IR presentation | 35#36Agenda 01 lastminute.com Overview 02 Q3 2023 results 03 September YTD results 04 Guidance FY 2023 and beyond 05 Appendix#37Management Team Experienced management team at the head of the leading travel tech company in Europe Luca Concone CEO Sergio Signoretti CFO Maria Teresa Rangheri CECO CEO since December 2022 Over a decade of experience as entrepreneur, angel investor and advisor to technology and internet companies Director of Solar Investment Group, his own renewable energy fund started in 2009 CFO of the City of Milan (2006-2007) Supported the founders of Volagratis when the company was started. Deputy CEO of Gruppo UBI (2002) and CEO of Capital One (2002-2004) Started his career as a consultant for A.T. Kearney and McKinsey & co. Graduated in Technological Engineering from Politecnico di Milano CFO since 2017 CEO of CartaLis ELMI (2007-2014) CEO of Lottomatica Videolot Rete (2004-2007) Formerly Head of planning and control in diversified multinational contexts Former Angel Investor, member of Italian Angels for Growth Chartered accountant and Auditor, graduated in Economics at Rome State University Executive Corporate Officer since June 2023 Non-Executive Director in lastminute.com group's Board of Directors (2022) CEO of Bheroes Società Benefit (2017-2019) Marketing Director, later Head of Leisure, Travel & Tourism and Chief Communication Officer of lastminute.com group (2008-2017) Established the Lastminute Foundation Board Member for Fondazione Bagatti Valsecchi lastminute.com IR presentation | 37#38Board of Directors One-tier board structure compliant with section 5 of the Dutch Corporate Governance Code Experience in: Luca Concone Yann CEO and Rousset Chairman and Non-Executive Director Maria Teresa Rangheri Cyril Ranque Executive Director Entrepreneurship Tech & advisory Finance & investment Capital management Governance matters Strategic guidance Communications Corporate culture ESG Travel industry Travel partner Integration Executive Director and CECO Non-Executive Director Massimo Pedrazzini Non-Executive Director Marco Forasassi Non-Executive Director Corporate law Capital markets M&A and JV Investment banking M&A Restructurings lastminute.com IR presentation | 38#39Shareholder Structure As of May 2023 44.58% Freesailors Coöperatief U.A.* lastminute.com 11,664,219 shares Ticker: LMN ISIN: NL0010733960 SIX Zurich 46.15% Free Float 6.25% Treasury Shares (729,109 shares) 3.02% OTUS Capital Management Ltd.** * Freesailors Coöperatief U.A. ("Freesailors") membership's structure results to be composed of (i) Fabio Cannavale, who directly and indirectly owns the majority in Freesailors, (ii) Sterling Active Fund who is the second largest single shareholder and (iii) other investors. ** OTUS Capital notified lastminute.com N.V. ("the Company") on 14 April 2023 that they crossed the 3% threshold and on that day held 3.02% in lastminute.com N.V. The Company has not received any other significant shareholding notification since 14 April 2023 lastminute.com IR presentation | 39#4020% 2019 0% Market Update Recovery curve continues to be flat with a slight uptick in Q2, albeit still below 2019 levels Commercial Flight Activity*, indexed to 2019 levels -20% -40% -60% -80% -100% -120% Jan-20 Feb-20 Mar-20 Apr-20 May-20 2020 Jun-20 Jul-20 Aug-20 Source: elaboration based on Eurocontrol/Eurostat data (*) Commercial Flight Activity includes low-cost, mainline and regional segments EU-27 2021 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 UK 2022 2023 May-23 Jun-23 eurostat EUROCONTROL -10% -17% Flattening curve from June 2022 onwards Capacity disruptions, rising fuel prices and deteriorating economic outlook continue to weigh on recovery lastminute.com IR presentation | 40 40#41Gross and net cash positions solid at 30 June 2023 Net cash position increased despite repayment of SECO liability and reimbursement of Covid loan Mainly variation of incentive scheme liabilities (€3.3M) Reimbursement of Covid loan in CH (€15.3M) and new credit lines (€10M) Business cash flow -1.5 €M 15.3 Taxes 55.8 5.8 Variation of financial asset -29.5 Subsequent annulment of SECO repayment 5.2 Other -12.0 Capex Freesailors Transaction -8.4 Financing 167.0 11.0 Financial assets (**) -63.4 118.5 17.8 Change in NWC EBITDA IFRS (*) Gross Cash 31.12.22 (*) EBITDA IFRS net of IFRS 16 effect for €2.6m (**) Financial assets don't include investments in other shares that do not fall under the definition of Net cash (***) Includes €62.1m loans from banks and €1.4m other financial liabilities Gross Cash 30.06.23 Financial -12.1 liabilities Lease (***) liabilities 102.5 Net Cash 30.06.23 31.12.22 Var % 41.7 >100 % lastminute.com IR presentation | 41#42Increasing contribution of our Holiday Package Business 13% 16% 22% Holiday Packages (DP + TO) Flights Other (Hotel, Car rental, ...) 31% 2% 62% 96% 57% 2% 2014 2021 2022 OTA CONTRIBUTION MARGIN BY CATEGORY lastminute.com IR presentation | 42 42#43Financial Calendar 2024 8 February 2024 Announcement of preliminary unaudited FY2023 results 4 April 2024 Publication of Annual Report 2023 15 May 2024 Publication of Q1 Trading Update 20 June 2024 Annual General Meeting 8 August 2024 Publication of 1HY Report 13 November 2024 Publication of Q3 Trading Update#44Investor Relations Contact Martin Meier-Pfister [email protected] +41 43 244 81 40 [email protected]#45lastminute.com thanks corporate.lastminute.com 45 55