Global Business Travel Group (GBTG) investor relations material

Executive summary

• Agreement reached for a take-private acquisition by Long Lake, supported by General Catalyst and Alpha Wave, expected to close in the second half of 2026, pending regulatory approvals and customary conditions.

• Long Lake, an M&A-focused firm with a proprietary AI platform, plans to invest heavily in travel technology and customer experience post-acquisition.

• The transaction will not affect existing partnerships, brand licensing, or commercial agreements with American Express.

• Communications emphasize continuity for customers, suppliers, and partners, with no immediate operational changes.

• The deal is positioned as a transformative step for business travel, integrating advanced AI with human expertise.

Voting matters and shareholder proposals

• Stockholder approval is required for the merger; a definitive proxy statement will be filed and mailed to stockholders.

• Stockholders are urged to read the proxy statement and related documents carefully when available, as they will contain important information about the merger.

Board of directors and corporate governance

• Certain directors, executive officers, and employees may be deemed participants in the proxy solicitation for the merger.

• Additional information on participants and their interests will be disclosed in the proxy statement.