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Investor Presentaiton

PROVEN HIGH-MARGIN, FCF-GENERATING BUSINESS MODEL 4 Solid Revenue, EBITDA and FCF Generation REVENUE MARGIN (€ in millions) ADJUSTED EBITDA (€ in millions) 5% +4-7% 7% CAGR CAGR 533 509 118.3 119.6 487 463 107.3 436 95.8 90.5 +9-12% Recurring FCF (*) (€ in millions) 17.9 14.7 65.5 35% CAGR 55.3 49.3 FY15 FY16 FY17 FY18 FY19 Note: CAGR FY15 - FY19 FY20 Outlook FY15 FY16 FY17 FY18 FY19 FY20 FY15 FY16 FY17 FY18 FY19 Outlook Source: eDO Financial Statements (*) Please refer to page 37 for the calculation of Recurring Free Cash Flow (FCF) eDreams ODIGEO 21 INVESTOR PRESENTATION
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