Despegar Mergers and Acquisitions Presentation Deck slide image

Despegar Mergers and Acquisitions Presentation Deck

DESPEGAR New deal conditions allow Despegar to preserve liquidity No cash disbursement at closing Enterprise Value ¹ & Ownership Acquired Payment Terms Board and Key Executives Expected Closing Original Purchase & Sale Agreement $136 M 100% ownership 1st Payment -65% @ Closing 2nd Payment - 6.3% @ 24 months after Closing 3rd Payment - 28.7% @ 36 months after Closing Continuity of the CEO and Key Executives Current Board President will continue as Member of the Board of Best Day Closing expected during 1H20, subject to customary closing conditions, including approval of relevant antitrust authorities Revised Terms Purchase & Sale Agreement Base consideration $56.5 M Additional earnout from $0 to $20 M 100% ownership Zero disbursement at closing 100% of Purchase Price to be paid @ 36 months Earnout (if any) to be paid @ 48 months No changes Closing expected in 3020, subject to customary closing conditions, including approval of relevant antitrust authorities 1: The Purchase price will be adjusted for net indebtedness and working capital, as of the closing date, which will be set in U.S. dollars and payable 36 months following the closing date. 3
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