Sabre Corporation · NASDAQ:SABR

Sabre — BofA Securities 2020 Leveraged Finance Virtual Conference

15 slides from Sabre's conference presentation, Nov 30, 2020

  1. Slide 1: Sabre Presents at BofA Securities 2020 Leveraged Finance Virtual Conference

    Exhibit 99.1 Sabre Presents at BofA Securities 2020 Leveraged Finance Virtual Conference Doug Barnett CFO 1 December 2020Exhibit 99.1 Sabre Presents at BofA Securities 2020 Leveraged Finance Virtual Conference Doug Barnett CFO 1 December 2020

  2. Slide 2: Forward-looking statements

    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 state

  3. Slide 3: Today's presenter

    Today’s presenter Doug Barnett EVP & CFO ©2020 Sabre GLBL Inc. All rights reserved. 3Today’s presenter Doug Barnett EVP & CFO ©2020 Sabre GLBL Inc. All rights reserved. 3

  4. Slide 4: Sabre investment highlights

    Sabre investment highlights Optimism for the future: Major advancements with Google: TM • Q3 booking trends showed signs of improvement • Sabre Travel AI from Q2 – Pioneering Artificial Intelligence technology for travel – Powered by Google’s AI technology and machine-learning • Booking trends showe

  5. Slide 5: Bookings environment shows improvement vs. Q2

    Bookings environment shows improvement vs. Q2 GDS Industry Net Air Bookings YOY Growth / (Decline) Global North America EMEA Latin America Asia-Pacific Q2 2020 (110%) (107%) (113%) (110%) (110%) July (94%) (92%) (95%) (92%) (98%) August (88%) (83%) (88%) (87%) (97%) September (82%) (76%) (83%) (82%)

  6. Slide 6: All Sabre key metrics have shown improvement vs. Q2

    All Sabre key metrics have shown improvement vs. Q2 Sabre Key Volume Metrics YOY Growth / (Decline) Hospitality Solutions Gross CRS Transactions IT Solutions PBs Distribution Gross Air Bookings (40%) (50%) (60%) (70%) (80%) (90%) (100%) 7-day moving average; calendar-shifted bookings; CRS transactio

  7. Slide 7: Air bookings recovery led by our largest regions

    Air bookings recovery led by our largest regions GDS Industry Net Air Bookings YOY Growth / (Decline) Worldwide APAC EMEA LAC NAM (60%) (70%) (80%) (90%) (100%) (110%) (120%) (130%) (140%) (150%) Source: Sabre Market Intelligence; calendar-shifted; data through Nov 21 ©2020 Sabre GLBL Inc. All right

  8. Slide 8: Passengers boarded at approximately a 40% recovery

    Passengers boarded at approximately a 40% recovery Sabre Passengers Boarded Growth YOY Growth / (Decline)* (55%) (60%) (65%) (70%) (75%) (80%) (85%) (90%) (95%) (100%) *Top 20 carriers excluding airlines substantially impacted by government travel restrictions 7-day moving average; data through Nov

  9. Slide 9: Hospitality recovery by region

    Hospitality recovery by region Sabre Gross CRS Transaction YOY Growth / (Decline) Global NAM EMEA LAC APAC (20%) (30%) (40%) (50%) (60%) (70%) (80%) (90%) (100%) Community model only; 7-day moving average; data through Nov 22 ©2020 Sabre GLBL Inc. All rights reserved. 9Hospitality recovery by region

  10. Slide 10: Travel industry bookings have historically been resilient

    Travel industry bookings have historically been resilient Global Passengers (1970-2019) 5.0 Average 4.5 Decade Annual Growth 4.0 3.5 1970s 8.6% 3.0 Financial 1980s 4.3% 2.5 crisis 9/11 2.0 Attack 1990s 4.8% Asian 1.5 SARS crisis Gulf crisis 1.0 2000s 3.8% Iraq war Oil crisis 0.5 2010s 7.6% 0.0 Sourc

  11. Slide 11: Sabre Smart Retail Engine with Google technology

    TM Sabre Smart Retail Engine with Google technology TODAY TOMORROW Static content based on manual Dynamic content with thousands of rules with infrequent adjustments scenarios running continuously Intelligent, ML-based retail Limited intelligence or engine with real-time feedback self-learning capab

  12. Slide 12: $275M expected annual cost savings by 2024

    $275M expected annual cost savings by 2024 Expected Non-Transaction Cost Savings 2021 - 2024 • $275M savings expected in 2020 – Volume-related savings in incentives and technology Anticipate incremental savings from lower unit cost hosting expenses caused by lower volume on transaction volumes as we

  13. Slide 13: Strengthened liquidity & extended debt maturities

    Strengthened liquidity & extended debt maturities • In August, raised additional liquidity in the event COVID-19 pandemic persists – $598M net proceeds from common stock and mandatory convertible preferred issuance – Pushed out debt maturity schedule with new senior secured notes & debt paydown 1 Pr

  14. Slide 14: Thank you

    Thank youThank you

  15. Slide 15: Reconciliation for debt maturity profile

    Reconciliation for debt maturity profile (3) Actual Pro Forma Rate Maturity Face Value as of 9/30/20 Maturity Face Value as of 9/30/20 Senior secured credit facilities: (1) Term Loan A L + 2.75% August 2023 $ 133,995 February 2024 $ 133,995 Term Loan B L + 2.00% February 2024 1,829,319 February 2024

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