Mondee Investor Presentation Deck slide image

Mondee Investor Presentation Deck

Travel Industry Update Mondee is well positioned in the current macro environment with 80% North America outbound international travel, mostly leisure. $ Ec 1Q23 North America domestic air ~100%¹ recovered to 2019 levels, international only ~82%.1 $ Industry wide labor shortages persist, impacting air and hotel supply as well as prices. However, there are signs of moderation and expect this to reverse within 2023. v China reopened for in-bound travel in January 2023, which provides ongoing tailwind. Supply is expected to expand with airline fleet and hotel property additions. For example, Air India and United's recent purchase of hundreds of new aircraft. Gen Zs and Millennials now represent largest travel purchasing and influence. New social media driven curation capabilities are required in travel marketplaces to meet this demand. Recession fears and lingering higher prices may impact both operating costs and business demand in the short to medium term. 10AG.com 2022 vs 2019 cumulative international scheduled air seats as of 3/31/2023 MONDEE © 2023 All Rights Reserved | 27
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