Proforma 2023 Guidance and Long-Term Model

Valuation Expansion Opportunity¹ Despite a higher growth profile, Mondee trades at a discount to peers Mondee EaseMyTrip.com airbnb make my trip amaDeus Average EV/Revenue 1.8x 10.1x 6.7x 4.7x 5.2x 6.7x EV/EBITDA Revenue Growth 12.9x 26.0x 18.6x 30.2x 13.7x 22.1x 16% 20% 11% 17% 13% 13% Implied Mondee Stock Price at Same Revenue Multiple² $33 $17 $11 $8 $9 $11 1 Data source: Capital IQ as of 11/27/23; Numbers are rounded and are based on calendar 2024 Street means as of 11/17/23 2 Implied Mondee stock prices are based on peer's EV / Revenue Multiples 3 Mondee (MOND) actual stock price as of 11/27/23 26

View entire presentation