Amadeus IT S A : Q3 2023 Results Presentation

_ This presentation may contain certain statements which are not purely historical facts, including statements about anticipated or expected future revenue and earnings growth. Any forward-looking statements in this presentation are based upon information available to Amadeus on the date of this presentation. Any forward-looking statements involve risks and uncertainties that could cause actual events or results to differ materially from the events or results described in the forward-looking statements. Amadeus undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to place undue reliance on forward-looking statements.

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© 2023 Amadeus IT Group and its affiliates and subsidiaries

Operating Review

Luis Maroto President & CEO

© 2023 Amadeus IT Group and its affiliates and subsidiaries

_ Revenue +23%

• Strong performance across our segments

_ EBITDA +34%1

• Margin expansion

_ Adjusted profit2 +68%1

• Adjusted EPS2 +68%1

_ Free Cash Flow3 +50%

_ Leverage 1.1x4

• New share repurchase program (8.8 million shares maximum investment)

_ 2023 outlook confirmed

• Based on current trading conditions
• Free Cash Flow above top end of range

In € millions

4,087

1,594

941

876

2023 Amadeus IT Group and its affiliates and subsidiaries

1. Excludes: (i) in Q2'23, impacts from movements in the tax provision, which resulted in an increase in Adjusted profit of €22.6 million, with no impact on EBITDA, and (ii) in Q2'22, a non-refundable government grant, received in Q2 2022, of €51.2 million (€38.9 million post tax). See section 3.2 of Jan-Sep 2023 Management Review.
2. Excludes after-tax impact of: (i) accounting effects derived from PPA exercises and impairment losses, (ii) non-operating exchange gains (losses), and (iii) other non-operating income (expense). Adjusted EPS corresponds to the Adjusted profit attributable to the parent company.
3. Defined as EBITDA, minus capital expenditure, plus changes in our operating working capital, minus taxes paid, minus interests and financial fees paid.
4. Defined as net financial debt / last-twelve-month EBITDA. Based on our credit facility agreements' definition.

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4

Air Distribution

Key Developments

_ Renewed / signed 11 distribution agreements in the quarter (47 year-to-date).

_ Extended partnership with Air India, to integrate Air India's local domestic content for travel sellers at points of sale in India, as well as, the airline's NDC-sourced content, through the Amadeus Travel Platform.

Amadeus bookings (millions)

+15.7%

_ EVA Air and Tunisair to also distribute NDC content through the Amadeus Travel Platform.

_ Upsold distribution technology to travel agency and corporate customers, as well as, had several signatures for Amadeus Cytric solutions (CWT, Gant Travel, Campbell Travel, MBDA and ULMA).

_ Developing generative AI-powered integrations for corporate travel with Microsoft and

300.7

348.0

Accenture - digital travel assistant to streamline tasks for corporate travelers within Cytric Easy.

Volume performance

_ Sep YTD 2023, progressive strengthening of the travel industry, albeit at a milder pace in Q3 (vs. prior quarters of 2023). International air traffic weight remains below historic levels.

_ Sep YTD 2023 Amadeus bookings: +15.7% vs. 2022.

_ APAC and Western Europe: fastest-growing regions.

_ NORAM and Western Europe: our largest regions.

Amadeus bookings by region

© 2023 Amadeus IT Group and its affiliates and subsidiaries

5

Air IT Solutions

Key Developments

Airline IT

_ Amadeus Nevio: new generation of better, smarter and more open airline IT solutions, offering advanced retailing capabilities. Following Finnair, Saudia to launch Amadeus Nevio.

_ Vietnam Airlines to deploy Amadeus Altéa PSS (undisclosed customer announced in Q2 2023), as well as, Altéa NDC.

_ Customer implementations in Q3: Bamboo Airways (Altéa), Allegiant Air (New Skies).

_ Upselling: EVA Air (Altéa NDC); Thai Airways (Network Revenue Management); Mauritania Airlines (Segment Revenue Management); Kuwait Airways (Reference Experience, Network Revenue Management).

Airport IT

_ New signatures: (i) In North America: McGhee Tyson Airport (ACUS, FIDS); Tallahassee International Airport (FIDS); JFKIAT, the operator of Terminal 4 at John F. Kennedy International Airport (ACUS);

Salt Lake City International Airport (ACUS, FIDS); Ontario International Airport (ACUS, FIDS, RMS);

Vancouver International Airport (Self-servicebag drop). (ii) In APAC: Fukuoka International Airport (Auto Bag Drop units); Christchurch International Airport (ACUS). (iii) In EMEA, GROUPE ADP (Aéroports de Paris) (Auto Bag Drop kiosks for Paris-Charlesde Gaulle and Paris-Orlyairports).

Amadeus PB (millions)

+29.7%

1,452.8

1,119.8

Volume performance

_ Sep YTD 2023 Amadeus PB: +29.7% vs. 2022.

_ Net positive non-organiceffects: (i) customer implementations (Etihad Airways, ITA Airways, Hawaiian Airlines, Bamboo Airways and Allegiant Air in 2023, and Air India, in 2022); (ii) airline customers de-migration or ceasing operations (Russian carriers de-migration in 2022).

_ APAC: our best performing region.

_ Western Europe: our largest region.

PB: stands for Amadeus Passengers Boarded.

WE: Western Europe; APAC: Asia-Pacific; NORAM: North America; MEA: Middle East and Africa; LATAM: Latin America; CESE: Central, Eastern and Southern Europe.

Amadeus PB by region

© 2023 Amadeus IT Group and its affiliates and subsidiaries

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Financial highlights

Till Streichert

CFO

© 2023 Amadeus IT Group and its affiliates and subsidiaries