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Investor Presentaiton

Annual Consolidated Results: Operating Cash & FCF Operating Cash Flow ($M) Free Cash Flow ($M) 424 Tripadvisor 9 108 400 235 (194) FY19 FY20 FY21 FY22 FY23 341 (249) FY19 FY20 54 54 FY21 344 FY22 172 FY23 Fiscal year 2022 included the benefit of approximately $75 million in Cares Act and Covid subsidies at TheFork. Fiscal 2023 included the impact of a net cash outflow of approximately $60 million related to a previously disclosed IRS settlement Note: Free cash flow is a non-GAAP measure. Please refer to "Non-GAAP Reconciliations" in the Appendix for definitions of our non-GAAP financial measures, as well as reconciliations to the most directly comparable GAAP measure.
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