confidential | ©2022 Sabre GLBL Inc. All rights reserved. 1 Q3 2022 Earnings Report 2 Nov 2022 ........ Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "expect," "believe," "lik ...

Financial Data and Key Metrics Changes - Total revenue for Q3 2022 was $663 million, a significant increase from $441 million in Q3 2021, driven by the recovery in global air, hotel, and other travel bookings [36] - Adjusted EBITDA improved to $34 million year-over-year, reflecting the ongoing recovery from the COVID-19 pandemic [40] - Free cash flow was negative $123 million in Q3 2022, impacted by timing of disbursements and restructuring costs, but is expected to turn positive in Q4 2022 [42][44] Business Line Data and Key Metrics Changes - Distribution revenue totaled $431 million in Q3 2022, up from $245 million in Q3 2021, with net air bookings recovering to 56% compared to 2019 [36][37] - IT Solutions revenue reached $173 million, an increase from $145 million in the previous year, with passengers boarded recovering to 96% of Q3 2019 levels [38] - Hospitality Solutions revenue was $67 million, up from $55 million in Q3 2021, with central reservation system transactions at 104% of 2019 levels [39] Market Data and Key Metrics Changes - Total distribution booking recovery was 57% compared to the same period in 2019, translating to a 64% revenue recovery due to higher booking rates [14] - In the Asia Pacific region, bookings improved significantly, particularly in Taiwan and Hong Kong, with recoveries of 45% and 29% respectively by the end of Q3 2022 [17] - International growth is outpacing domestic growth, with international seats to be flown up 3.4% in Q1 2023 compared to a decline in previous quarters [21] Company Strategy and Development Direction - The company is focused on a technology transformation, migrating to Google Cloud to improve agility and scalability, with significant progress made in Q3 2022 [25][26] - Distribution agreement renewals with major airlines like American and United are expected to enhance collaboration and advance retailing objectives [32] - The company anticipates that as international travel recovers, profitability will improve due to the generally higher margins associated with international bookings [16] Management's Comments on Operating Environment and Future Outlook - Management noted strong demand in both leisure and corporate travel, with no evidence of a slowdown despite concerns regarding global economic growth [18] - The company expects free cash flow to be positive in Q4 2022 and annually thereafter, driven by the recovery in travel and seasonal cash flow benefits [44][49] - Management remains optimistic about the travel recovery, particularly in the Asia Pacific region, and anticipates higher profitability going forward [50] Other Important Information - The company ended Q3 2022 with a cash balance of $804 million and is evaluating refinancing opportunities for its debt maturities [44][46] - The average booking fee in Q3 2022 was $5.38, reflecting a 13% increase compared to the same period in 2019 [37] - The technology transformation is expected to yield significant cost savings and margin improvements by 2025 [29] Q&A Session Summary Question: Average booking fees outlook and mix between corporate and leisure - Management indicated that average booking fees are currently closer to the lower end of the previously indicated range of $5.30 to $5.55, with opportunities for revenue per booking to increase as business mix improves [53] Question: Free cash flow improvement drivers - Management explained that the fourth quarter typically sees strong free cash flow due to timing of payments, and they expect to be free cash flow positive in 2023 [61][64] Question: Debt refinancing strategy - Management is considering refinancing options opportunistically, focusing on efficiency for shareholders [73] Question: Bookings recovery by region - Management noted that APAC has shown significant recovery, while EMEA has flattened out, and the US is seeing incremental improvements [102] Question: Impact of stronger dollar on long-haul travel - Management observed that the strong dollar has positively influenced US travelers going overseas, but emphasized the overall recovery cycle remains the primary focus [82] Question: Outlook for IT solutions segment - Management expressed confidence in medium to long-term growth within the Airline IT segment, with ongoing discussions with airlines about merchandising and retailing opportunities [88]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) Identification No.) 3150 Sabre Drive Southlake, TX 76092 (Address, including zip code, of principal executive offices) (682)-605 ...

Sabre Corporation (NASDAQ:SABR) Q2 2022 Earnings Conference Call August 2, 2022 9:00 AM ET Company Participants Sean Menke - Chair of the Board and Chief Executive Officer Kurt Ekert - President Doug Barnett - CFO Kevin Crissey - VP, IR Conference Call Participants Mark Moerdler - Bernstein Research Josh Baer - Morgan Stanley Jed Kelly - Oppenheimer Victor Cheng - Bank of America Operator Good morning and welcome to the Sabre Second Quarter 2022 Earnings Conference Call. My name is Amanda and I will be your ...

confidential | ©2022 Sabre GLBL Inc. All rights reserved. 1 Q2 2022 Earnings Report 2 Aug 2022 Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "expect," "goal," "outlook," "oppo ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 001-36422 20-8647322 (Commission File Number) (I.R.S. Employer Identification ...

confidential | ©2022 Sabre GLBL Inc. All rights reserved. 1 Q1 2022 Earnings Report 3 May 2022 ....... Forward-looking statements Forward-looking Statements Certain statements herein are forward-looking statements about trends, future events, uncertainties and our plans and expectations of what may happen in the future. Any statements that are not historical or current facts are forward-looking statements. In many cases, you can identify forward-looking statements by terms such as "expect," "goal," "outlook ...

Sabre Corporation (NASDAQ:SABR) Q1 2022 Earnings Conference Call May 3, 2022 9:00 AM ET Company Participants Sean Menke – Chair of the Board and Chief Executive Officer Kurt Ekert – President Doug Barnett – Chief Financial Officer Kevin Crissey – Vice President of Investor Relations Conference Call Participants Matthew Broome – Mizuho Securities Mark Moerdler – Bernstein Research Victor Cheng – Bank of America Josh Baer – Morgan Stanley Neil Steer – Redburn Operator Good morning and welcome to the Sabre Fir ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Sabre Corporation (Exact name of registrant as specified in its charter) Delaware 001-36422 20-8647322 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employ ...

Sabre Corporation (NASDAQ:SABR) Q4 2021 Earnings Conference Call February 15, 2022 9:00 AM ET Company Participants Kevin Crissey - VP, IR Sean Menke - CEO Kurt Ekert - President Doug Barnett - CFO Conference Call Participants Mark Moerdler - Bernstein Research Matthew Broome - Mizuho Securities Josh Baer - Morgan Stanley Neil Steer - Redburn Jed Kelly - Oppenheimer Victor Cheng - Bank of America Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. ...