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2 SUSTAINABLE SCALE ADVANTAGES RELATIVE TO COMPETITION DRIVING GROWTH IN CLASSIC FLIGHTS AND DIVERSIFICATION 1 CLASSIC FLIGHTS WINNING CONTENT BETTER PRICE AND MARGIN BETTER PRODUCT AND CUSTOMER EXPERIENCE eDreams ODIGEO N DIVERSIFICATION RICHER PRODUCT PORTFOLIO SUNK MARKETING COSTS AT LOWER COST POINT CAN TRANSFER BENEFIT TO CONSUMER INCREASED LEVEL OF DATA FOR TARGETING PRODUCT DEVELOPMENT STRENGTH END TO END JOURNEY EXPERIENCE BRAND STRENGTH AI/ML INDIVIDUALISED MODELS & EXPERIENCES 7 INVESTOR PRESENTATION

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