Investor Presentaiton

UI STRONG GROWTH OUTLOOK WITH SUBSTANTIAL OPTIONALITY FY15-FY19 CAGR Actual FY20 Guidance vs FY19 FY20-FY23 CAGR Outlook OPTIONALITY Bookings 2% 4-7% High single digit to double-digit growth Increase in offer of in-destination services Further VIN investment Further technical conversion improvements M&A Revenue margin 5% 4-7% Growing somewhat less than Bookings, as we expect less revenue per booking from suppliers New Prime features launched in all markets Further DP and other product developments M&A EBITDA 7% 9-12% Relatively stable EBITDA margins vs FY20 guidance All of the above will have a positive impact on EBITDA Recurring FCF (*) 35% Will grow more than EBITDA, as Capex will grow marginally and Interest could decrease if current market conditions continue New refinancing if market conditions are favourable M&A (*) Please refer to page 37 for the calculation of Recurring Free Cash Flow (FCF) Source: eDO Financial Statements eDreams ODIGEO 22 INVESTOR PRESENTATION

View entire presentation