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lastminute.com N.V. to buy out minorities from Freesailors with the aim of backing its management investment and incentive schemes

Amsterdam / Chiasso, 29 June 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today communicates the acquisition by Sealine 2 – a vehicle owned by lastminute.com NV management and controlled by lastminute.com N.V. – of approximately 0.32% of the membership interests in Freesailors Coöperatief U.A. (“Freesailors”) – the investment vehicle controlling lastminute.com N.V. – from a private investor for a total amount of CHF ca. 0.54 m (“Transaction A”).

lastminute.com N.V.’s 2022 Annual General Meeting resolutions

Amsterdam / Chiasso, 18 May 2022 – lastminute.com N.V. (“lastminute.com”), the European Travel-Tech leader in dynamic holiday packages, today announced that the AGM of the Company approved all voting items on the agenda including the re- election of all the members of the Board of Directors for the 2022 mandate, following the recommendation of the Company.

lm holding: Travel demand’s recovery in Q2 resulted in strong cash generation and return to positive earnings in June

Amsterdam / Chiasso, 4 August 2021 – lm holding (or the “Company”), the European leader
in dynamic holiday packages, today releases its 2021 interim results. lm group closed the quarter and the semester significantly better than the previous year. The steep recovery experienced from May onward, generated both a strong increase in cash and positive economic results. June Net Result of € 4.0M is in line with 2019, despite lower volumes.

To better reflect the performance of the core business in the Group numbers and simplify the management reporting structure, the “Business EBITDA” has been abandoned and the “Adjusted EBITDA” modified accordingly. 2020 Figures have been restated too, in line with such a new reporting framework. In order to make the quarters and the semester comparable, 2020 has been further restated to embed the new accounting principles adopted from EOY 2020 on cancellations and vouchers treatment*. All figures presented in this report refer to lm holding (including Cruise business) and show reclassified Revenue that can slightly differ from IFRS Revenue due to the treatment of some extraordinary items. The reconciliation table is available in the Financial Statements published on lm group website.


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