Serko Ltd. · NZX:SKO
Serko — Shareholder Meeting (June 2026)
31 slides from Serko's shareholder meeting presentation, Jun 30, 2026
Slide 1: Annual Shareholders Meeting
Annual Shareholders Meeting 30 June 2026 © Copyright Serko Ltd 2026
Slide 2: Important notice
Important notice This presentation has been prepared by Serko Limited and its related companies (Serko). All information is current at the date of this presentation, unless stated otherwise. This notice applies to this presentation and any verbal or written comments of any persons presenting it. Com
Slide 3: Welcome
Welcome Claudia Batten Chair Serko 3
Slide 4: Order of meeting
Order of meeting 1. Chair’s Address 2. CEO’s Address 3. Shareholder Q&A 4. Formal Business & Resolutions 5. General Business 4
Slide 5: Chair's Address
Chair’s Address Serko 5
Slide 6: Serko's Board of Directors
Serko’s Board of Directors Claudia Batten (Chair) Jan Dawson Sean Gourley Darrin Grafton Bob Shaw Independent Independent Independent Executive director Executive director non-executive director non-executive director non-executive director (since 2007) (since 2007) (since April 2014) (since August
Slide 7: FY26 financial results: 34% total income growth, EBITDAFI up 137%
FY26 financial results 34% total income growth, EBITDAFI up 137% Revenue Costs Profit (loss) Balance sheet $120.9m $122.9m $132.4m $(17.7m) $54.1m Total Total Operating Net profit/(loss) Cash income spend expenses after tax on hand 34% increase 33% increase 23% increase 19% improvement 12% decrease $6.
Slide 8: Delivering on our FY26 Board priorities
Delivering on our FY26 Board priorities FY26 focus Capital Board Strategy and AI governance Global management succession execution and oversight workforce Serko 8
Slide 9: FY26 remuneration enhancements
FY26 remuneration enhancements Serko has made a number of remuneration enhancements, following feedback Executive incentives redesign Increased transparency Serko redesigned its Executive incentives ● Disclosing detailed Company scorecard (including CEO incentives) in FY26 to further performance met
Slide 10: Special meeting: 3% annual threshold
Special meeting: 3% annual threshold The context Special virtual meeting in August ● Serko's share price has been significantly ● Special virtual meeting of shareholders in August, affected by a broad market re-rating of the with notice of meeting distributed in July. technology sector. Serko remains
Slide 11: Our FY27 Board priorities
Our FY27 Board priorities FY27 focus Execution and Board Growth with Artificial delivery succession financial discipline intelligence Ensuring execution Appoint two new Funding outsized Make Serko future-fit remains the top directors as part of opportunities from through AI priority Board succession ou
Slide 12: CEO's Address
CEO’s Address Darrin Grafton CEO & Co-founder Serko 12
Slide 13: Serko's Executive Team
Serko’s Executive Team Darrin Grafton Matt Gerrie Shane Sampson Chief Executive Officer Chief Operating Officer Chief Financial Officer David Holyoke Liz Fraser Rachael Satherley Bob Shaw Simon Young Chief Product Officer Chief Revenue Officer Chief People Officer Chief Strategy Officer Chief Techno
Slide 14: FY26 financial results: Total income up 34%
FY26 financial results: Total income up 34% Booking.com for Business Serko 14
Slide 15: FY26 financial results: Australasia & US
FY26 financial results: Australasia & US Serko 15
Slide 16: Serko's foundations are difficult to replicate
Horizontal AI agents span industries Serko’s foundations Banking Health Travel Retail are difficult to replicate Serko’s AI advantages Serko powers Vertical AI Policy intelligence 10 million trips annually, agents do specific tasks Travel data at scale integration to 450+ suppliers and years of polic
Slide 17: Capital allocation weighted towards strategic initiatives
Capital allocation weighted towards strategic initiatives ● Platform investment will continue to scale in FY27, largely funded by reallocating spend. ● Ongoing strategy to simplify operations and sharpen focus on core growth priorities with the divestment of Interplx in September 2025. ● Continued f
Slide 18: Long-term revenue growth and cost discipline
Long-term revenue growth and cost discipline Long-term revenue trends Total income vs Total Spend ↑ 33% ↑ 34% Covid-19 impact Serko 18
Slide 19: Delivering to our $250m FY30 aspiration
Delivering to our $250m FY30 aspiration Pursuing new, diversified opportunities balanced with strengthening our core business Booking.com for Business Serko.ai Core growth engine. Highest upside potential. Revenue Booking Highest contributor to acceleration towards FY30 from .com for $250m aspiration
Slide 20: Strategy execution
Strategy execution Matt Gerrie Chief Operating Officer Serko 20
Slide 21: Serko.ai: milestones delivered, launch on track
1 Serko.ai: milestones delivered, launch on track Milestones delivered Next milestones ✓ Proof of concept complete (Dec) 01 Grow beta users In progress ✓ Closed beta wait list established (Apr) Targeted acquisition with invite-only beta access ✓ Closed beta launched (May) In progress 02 Continuous i
Slide 22: Scaling Booking.com for Business
2 Scaling Booking.com for Business FY26 delivered FY27 focus Empowering companies and admins New company registration flow 01. Acquisition +20% Improvement in company registration rate through personalised user experience - Identify and convert suitable users - Incentivise and reward customer behavio
Slide 23: US corporate segments — gaining pace
3 US corporate segments — gaining pace Executing against a significant, underserved US accommodation opportunity Milestones delivered Next milestones ✓ Sales leadership active in market 01. Initiate & expand testing Now-ongoing ✓ Target customers identified and Continued onboarding of customers and sc
Slide 24: FY27 Guidance
FY27 Guidance Darrin Grafton Chief Executive Officer Serko 24
Slide 25: FY27 Guidance affirmed
FY27 Guidance affirmed Business travel demand in our key markets remains resilient despite ongoing geopolitical uncertainty and macroeconomic challenges. Serko has made a strong start to FY27, with booking volumes slightly ahead of our growth expectations. Serko expects total income for FY27 in the
Slide 26: Q&A
Q&A Serko 26
Slide 27: General Business
General Business Serko 27
Slide 28: Appendix
Appendix Serko 28
Slide 29: Definitions
Definitions Non-GAAP (generally accepted accounting practices) financial measures do not have standardised meanings prescribed by GAAP and therefore may not be comparable to similar financial information presented by other entities. Non-GAAP measures are used by management to monitor the business and a
Slide 30: Definitions (continued)
Definitions (continued) ● LTI is a long-term incentive awarded under Serko’s Executive incentive schemes. ● New Distribution Capability or NDC is a non-GAAP term referring to a technical capability that allows airlines to distribute and sell air travel products more dynamically and directly to travel
Slide 31: Serko Limited contact details
Serko Limited, 125 The Strand, Parnell, Auckland, New Zealand • T +64 9 309 4754 investor.relations@serko.com • Incorporated in New Zealand ARBN 611 613 980 31