Tripadvisor Investor Conference Presentation Deck
Q420 update: $915M of
available liquidity; Cost
measures have positioned
business for a variety of
recovery scenarios
• $418 million in cash and cash equivalents at 12/31/20
Renegotiated credit facility to extend maturity to May
2024, and extended our leverage covenant holiday
through maturity for borrowings up to $200 million, and
reduced capacity to $500 million
• Generated more than $200 million of discretionary and
workforce-related fixed cost savings in 2020 vs 2019(¹)
• Majority of savings expected to persist in 2021 and
beyond
Liquidity position a/o 12/31/20
($ millions)
Cash and cash equivalents (C&CE)
Unborrowed Revolver Capacity
$915
$497
$418
C&CE a/o December 31, 2020
(1) Estimated savings do not consider depreciation, amortization, restructuring and related
reorganization costs, and stock-based compensationView entire presentation