Flight Centre Travel Group Limited · ASX:FLT

Flight Centre Travel — Shareholder Meeting (October 2012)

17 slides from Flight Centre Travel's shareholder meeting presentation, Oct 30, 2012

1. Slide 1: Flight Centre Limited Annual General Meeting

   For personal use only Flight Centre Limited Annuall Generall Meeting i October 30, 2012

2. Slide 2: Agenda

   Agenda For personal use only 2012 ANNUAL GENERAL MEETING  Ch i Chairman’s ’ address dd – Peter P t Morahan M h  Chief executive officer’s address – Graham Turner  Items of business • Item 1: Re‐election of director – Peter Morahan • Item 2: Election of director – John Eales • Item 3: Adoption of

3. Slide 3: Chairman's address: 2012 results in brief

   Chairman’s address: 2012 results in brief For personal use only RESULTS IN BRIEF FULL YEAR RESULTS JUNE 2012 JUNE 2011 V i Variance % $’ million TTV $13,238m $12,200m 8.5% G Gross P Profit fit $1 827 $1,827m $1 678 $1,678m 8 9% 8.9% Income margin 13.8% 13.8% ‐ Net margin (underlying) 2.2% 2.0% 20bps

4. Slide 4: Chairman's address: 2012 result overview

   Chairman’s address: 2012 result overview For personal use only TTV: Up 8.5% 8 5% to $13.2b $13 2b – has exceeded prior year 16 times in 17 years since listing PBT: $290.4m – has exceeded prior year 15 times in past 17 years NPAT: Surpassed $200m for 1st time, 5 years after $100m milestone and 10 yea

5. Slide 5: Chairman's address: FLT's strengths

   Chairman’s address: FLT’s strengths For personal use only More than 30 brands spread across 10 countries DIVERSITY Large leisure and corporate travel presence, Australian outbound and domestic focuses Strong balance sheet with positive net debt – a rarity for a travel company FINANCIAL STRENGTH Read

6. Slide 6: 2012 results by country

   CEO’s address: 2012 results by country For personal use only SINGAPORE TTV: $63m, up 57% in CANADA AUD (up 59% in lc) EBIT: $1.0m GREATER CHINA TTV: $836m, up 8% in UNITED KINGDOM BUSINESSES: 10 TTV: $118m, up 13% AUD (up 13% in lc) EBIT: $8.9m TTV: $1.2b , up 8% in in AUD (up 14% in lc) BUSINESSES:

7. Slide 7: flightcentre.com.au

   CEO’s address: flightcentre.com.au For personal use only KEY ELEMENTS  Continued enhancements to flagship Australian site  Features to be replicated on overseas sites in future  Now offering:  Flights to more than 2,700 global destinations  More than 100,000 global hotels  More than 30,000 cru

8. Slide 8: Capital management

   CEO’s address: Capital management For personal use only CURRENT POSITION  Strategies in place to increase cash – have led to general funds increasing from $161m in 2009 to $400m in 2012  Board intends to maintain healthy cash balances to:  Allow the company to capitalise on opportunities that wil

9. Slide 9: Top global foci

   CEO’s address: Top 7 global foci For personal use only Improve retail efficiency and shop operations to provide an exciting, inspiring and engaging in‐store 1 experience (Travel Shopping of the Future Project), which links with FLT’s expanded online offerings Focus on the area, a grouping of 12‐20 s

10. Slide 10: WIP – blended travel

    CEO’s address: WIP – blended travel For personal use only 10

11. Slide 11: Blended travel

    CEO’s address: Blended travel For personal use only KEY ELEMENTS  U i Unique proposition iti for f travellers t ll  FLT is creating a new category of travel agency – a blended travel network  Company has looked overseas to retailers in the USA and UK to develop this model  Will not be p purelyy

12. Slide 12: 2013 outlook

    CEO’s address: 2013 outlook For personal use only Targeting 6‐8% sales network expansion – 1000 new jobs and on track to open 2500th business PROFIT PBT has increased almost 50% during past two years – not expecting this rapid growth trend to continue TARGET Initial target of $305m‐$315m PBT (5‐8% g

13. Slide 13: Item 1: Election of director

    Item 1: Election of director For personal use only To consider and, if thought fit, pass the following ordinary resolution: “That Mr. Peter Morahan, a non‐executive director retiring in accordance with Section 47 of FLT’s constitution, being eligible, be re‐elected as an FLT non‐ executive director.

14. Slide 14: Item 2: Election of director

    Item 2: Election of director For personal use only To consider and, if thought fit, pass the following ordinary resolution: “That Mr. John Eales, appointed in accordance with Section 46(d) of FLT’s constitution, being eligible, be elected as an FLT non‐executive director.” Proxies The number of prox

15. Slide 15: Item 3: Remuneration Report

    Item 3: Remuneration Report For personal use only To consider and, if thought fit, pass the following ordinary resolution: “That That the Remuneration Report … for the financial year ended 30 June 2012 be adopted.” Proxies The number of proxies received for the resolution is:  For: 61,832,810 (94.8

16. Slide 16: Item 4: Auditor appointment

    Item 4: Auditor appointment For personal use only To consider and, if thought fit, pass the following ordinary resolution: “That That Ernst & Young, having been nominated and consenting to do so, be appointed as FLT auditor …” Proxies The number of proxies received for the resolution is:  For: 80,4

17. Slide 17: Other business

    Other business For personal use only Questions 17

Flight Centre Travel Group — Shareholder Meeting (October 2012) on 6ix