Helloworld Travel : HLO CEO Ords Leisure, Tourism & Gaming Conference

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Travel Limited (ASX:HLO) is today presenting at the Ord Minnett Leisure, Tourism and Gaming

Presentation to the

Ord Minnett Leisure, Tourism & Gaming Conference

ASX ANNOUNCEMENT

onlyMelbourne, 24 March 2022

useH lloworld Conference.

As part of the conference, CEO and Managing Director Andrew Burnes AO, will talk to the attached presentation which provides an overview of the company's activities, including:

• A recap of the first half results;
• Major milestones in calendar year 2022 so far; and
• Current outlook.

personalThis announcement has been authorised for release by the Helloworld Travel Limited's Board of Directors.

About Helloworld Travel Limited

H lloworld Travel Limited (ASX: HLO) is a leading Australian & New Zealand travel distribution company, comprising retail travel networks, air ticket consolidation, corporate travel management services, wholesale travel services, destination management services (inbound) and freight and coach operations.

ForINVESTOR CONTACT:

David Hall

Chief Financial Officer

Helloworld Travel Limited

• 61 3 9867 [e-mail]

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H E L L O W O R L D T R A V E L L I M I T E D

T H U R S D A Y 2 4 M A R C H 2 0 2 2

ANDREW BURNES AO

CEO and Managing Director

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Disclaimer

The information contained in these materials or discussed at the presentation is not intended to be an offer for subscription, invitation or recommendation with respect to shares or securities in any jurisdiction. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Helloworld Travel Limited, their directors, employees or agents, nor any other person accepts any liability for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it, including without limitation, any liability arising from fault or negligence on the part of Helloworld Travel Limited, or its directors, employees or agents.

This presentation contains forward-looking statements which can be identified by the use of words such as "may", "should", "will", "expect", "anticipate", "believe", "estimate", "intend", "scheduled" or "continue" or similar expressions. Any forward looking statements contained in this presentation are subject to significant risks, uncertainties, assumptions, contingencies and other factors (many of which are outside the control of, and unknown to, Helloworld Travel Limited and its directors, employees, agents or associates), which may cause the actual results or performance to be materially different from any future result so performed, expressed or implied by such forward looking statements. There can be no assurance or guarantee that actual outcomes will not differ materially from these statements.

This document includes the presentation of results on a statutory basis as well as non-statutory information. All financial results are presented in AUD unless otherwise stated and rounded to millions. Data used for calculating percentage movements has been rounded to thousands.

Key non-statutory financial metrics

Total Transaction Value (TTV). TTV does not represent revenue in accordance with Australian Accounting Standards and is not subject to auditor review. TTV represents the price at which travel products and services have been sold across the Group, as agent for various airlines and other service providers, plus revenue from other sources. The Group's revenue is, therefore, derived from TTV. TTV does not represent the Group cash inflows as some transactions are settled directly between the customer and the supplier.

Earnings before Interest, Taxation, Depreciation and Amortisation (EBITDA) is a financial measure which is not prescribed by Australian Accounting Standards but is a measure used by the Board to assess the financial performance of the Group and operating segments. EBITDA has been amended in this half year to exclude all AASB16 Leases associated expenses.

A reconciliation of EBITDA to Loss before income tax expense is provided in Note 5: operating segments of the Consolidated Interim Financial Statements released 21 February 2022.

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Our travel operations

• Retail and business travel agency networks (AU/NZ)
• Leisure travel wholesaling (AU/NZ)
• Inbound tour operating (AU,NZ/FJ)
• Air Ticket consolidation (AU/NZ)
• Online B2C (AU/NZ)
• Tour operating (AU)
• Entertainment and event logistics (AU)

NOTE: HLO's corporate travel management division is being sold to CTM effective 31 March 2022.

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Key highlights of First Half results

• Revenue growth due to relaxation of border controls and stringent cost control minimised losses in

only	the half with an EBITDA loss of $5.2 million.
• Half year statutory loss after tax of $14.0 million.

• In 1H22, HLO achieved $694.3 million in total transaction value ("TTV") up 60.4% on 1H21. This was driven by the progressive easing of border controls from October to December in key Australian eastern seaboard states.

• Revenues increased 45.2% due to the substantial increase in domestic travel in Q2 (October to
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	December 2021).
• Overheads were reduced by 3.8% over the half in a high revenue growth environment. The
	productivity and cost-reduction measures undertaken during the last two years continue to
	contribute to loss minimisation.
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•	Retail agencies in HLO's networks remain steadfastly resilient with strong presence for the
	expected growth in travel demand in 2022 and 2023.

• Continued improvements to HLO's technology suite resulting in improved customer outcomes, cost reductions and enhanced capabilities.

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Helloworld Travel Limited