Flight Centre Travel Group Limited · ASX:FLT
Flight Centre Travel — Shareholder Meeting (November 2025)
38 slides from Flight Centre Travel's shareholder meeting presentation, Nov 12, 2025
Slide 1: FLT: Annual General Meeting
FLT: Annual General Meeting November 12, 2025 1 | FLT
Slide 2: Acknowledgement of Country
Acknowledgement of Country We acknowledge the Traditional Custodians of Country, the Turrbal and Yuggera peoples. We recognise their continuing connection to land, waters, and skies in this place known as Meanjin, Brisbane, where we meet today. We pay our respects to them, their cultures, and to Eld
Slide 3: How to ask a question
How to ask a question • To ask a written question select the Q & A icon • Select the topic your question relates to from the drop-down list • Type your question in the text box and press the send button • To ask a verbal question follow the instructions below the broadcast window. 3 | FLT
Slide 4: How to vote
How to vote • When the poll is open, select the vote icon at the top of the screen Items of Business • To vote, select either For, Against or Abstain 2A Re-elect Mr Sam Sample as a Director FOR AGAINST ABSTAIN • You will see a vote confirmation 2B Re-elect Ms Jane Citizen as a Director • To change o
Slide 5: Today's Agenda
TODAY’S AGENDA 1 2 3 4 Chairman’s Address CEO’s Address Resolutions General Questions Gary Smith Graham “Skroo” Turner
Slide 6: Chairman's Address: Gary Smith
Chairman’s Address: Gary Smith
Slide 7: Our Why
Our Why Our Why COMPANY PU RPOSE COMPANY PURPOSE To open up the world for those who Totoopen want see. up the world for those who want to see. OUR VISION In 2030 FLT is a thriving global travel LEISURE VISION company celebrated for its distinctive, To become the most valuable and diverse entrepreneu
Slide 8: Positioned for growth
O UR BU SI NES S Positioned for growth PROVEN ORGANIC GROWTH DIVERSIFIED GLOBAL STRONG FINANCIAL MORE PRODUCTIVE & MODEL IN A RESILIENT BUSINESS BACKBONE MORE EFFICIE NT SECTOR • Large scale leisure & corporate • Track record of TTV growth • Healthy cash reserves & access to • Ready to deliver stron
Slide 9: $450m in capital management initiatives undertaken in FY25
FY25 $450m in capital management initiatives undertaken in FY25 In line with policy announced at start of FY24 & underpinned by healthy cash generation • $200m buyback of 2028 notes Convertible notes • Ongoing liability management to reduce outstanding CNs on issue using available cash repurchased •
Slide 10: Strategic investments for the future
FY25 Strategic investments for the future FLT continues to invest in growth sectors & innovation, leveraging technology to enhance its offerings, capitalize on new trends & opportunities across both the leisure & corporate sectors CHAN NEL TECHNOLOGY & AI INVESTMENTS GROWTH SECTORS DIVERSIFICATION •
Slide 11: Our Brands
LEISURE Our Brands WHERE WE PLAY FOUR LE ISURE CATEGORIES, OPERATING WITH A LEANER COST BASE & SCALABLE OFFERINGS Mass Mass Market Market Luxury Specialist Independents A thriving global brand best known for The leading network of Specialist brands: Fast growing community Flights Plus Holidays. With
Slide 12: Brand Portfolio
C O R P O R AT E Brand Portfolio FCM Corporate Traveller Stage & Screen FCM M&E Global SME Entertainment Sports Meetings & Events Incentive Travel 12 | FLT
Slide 13: Core Markets
LEISURE Core Markets United Kingdom Singapore W HER E W E P LAY Canada Australia USA New Zealand South Africa 13 | FLT
Slide 14: Footprint
C O R P O R AT E Footprint 5 COUNTRIES UK, US, Canada, India & Australia 6 COUNTRIES UK, US, Canada, South Africa, India & Australia 97 COUNTRIE S GLOB ALLY Global Network Core Locations 11 COUN TRIES Ireland, France, Sweden, US, Canada, Mexico, India, Singapore, Australia, South Africa, UAE 14 | FL
Slide 15: CEO's Address: Graham "Skroo" Turner
CEO’s Address: Graham "Skroo" Turner
Slide 16: Global Diversity: FY25 TTV breakdowns
Global Diversity: FY25 TTV breakdowns 16 | FLT
Slide 17: Overview
FY25 Overview HIGH LIGHTS AN D KEY DRIVERS CHALLENGING GLOBAL TRADING ENVIRONMENT RESULT SUMMARY • Patchy trading conditions throughout FY25 TTV • Escalating geopolitical tension & US tariff turmoil late in year • Largely considered to be cyclical and short-term • Record $24.5billion result – up 3%
Slide 18: Corporate Segment
FY25 Corporate Segment 2% TTV GROWTH TO $12.3B RESULT SNAPS HOT • Record full year result in subdued trading cycle – pointing to further market-share growth • New account wins driving growth in flat global trading climate, characterised by client downtrading (reducing travel budgets) • Corporate Tra
Slide 19: Corporate Traveller
C O R P O R AT E Corporate Traveller NOW A KEY DRI VER O F G ROU P RE SULTS & STRONG FU TURE GROWTH PROSPEC TS Outperforming in large US market On track to become a $5b+ per year TTV business during FY26 • Circa $4.8b in TTV during FY25 & now FLT’s 2nd largest revenue generator (behind only Flight C
Slide 20: Benefits starting to flow from Productive Operations initiative
C O R P O R AT E Benefits starting to flow from Productive Operations initiative KEY POIN TS • Significant productivity improvements across the corporate business since Productive Ops was initiated 2 years ago • More significant benefits in FCM to date (Corporate Traveller roll-out now underway) Cor
Slide 21: Leisure Segment
FY25 Leisure Segment 6.7% TTV GROWTH TO $11.8B RE SULT SN AP S HOT • 86% of record FY19 TTV delivered with 42% of FY19 FTE workforce • Highlighting strong productivity gains post-COVID as well as strong contributions from employee- light models – independent & online (circa $4billion in FY25 TTV) •
Slide 22: Launch & Lift Loyalty
Launch & Lift Loyalty Why create a loyalty program? FLT Customers Partnerships Suppliers Investors Unlock FCTG Reward loyalty across Deepen supplier New Innovative levers Creates a new engine eco-system value the entire travel partnerships with of sustainable growth to grow sales & move journey rewa
Slide 23: Proactively addressing cyclical challenges
FY25 Proactively addressing cyclical challenges Targeted measures to offset short-term market volatility & position FLT for accelerated profit growth as the trading cycle improves Cost Optimization – group-wide focus on productivity gains & cost reduction. Recruitment freeze generally in place for s
Slide 24: GBS area established & set to deliver benefits
FY25 GBS area established & set to deliver benefits F U S I ON PR OJ E C T I N IT I AT E D Objectives: Early focus areas: • Improve operational efficiency to • Establishment of a new Enterprise reduce the current $20m/month Technology operating model cost base • Deployment of Human Resources • Deliv
Slide 25: Our AI-enabled Business Strategy
C O R P O R AT E Our AI-enabled Business Strategy DRI VI NG GROWTH & GROWI NG OPPORTU NITY GROWING DRIVING GROWTH PRODUCTIVITY New product launches in both FCM (Sam) and Corporate Traveller (Mel) that are AI- Targeted use of AI in key parts of our transactional workflow to remove human powered. Our
Slide 26: Infusing AI Capability into the Customer Journey
Infusing AI Capability into the Customer Journey Trigger Dream Plan Engage Consider Book / Pay Pre-trip In-trip Return Leveraging AI to help customers in real-time plan When is comes to booking a trusted digital AI travel agents automate journey touchpoints to for their holiday to deliver simple, ta
Slide 27: Trading update & guidance
FY26 Trading update & guidance POSI TIVE START TO Y EAR 2H EARNI NGS SKEW AG AIN EX PEC TED • Solid TTV growth over first four months • Reflects traditional seasonality – key booking period occur during 2H • Underlying profit tracking ahead of prior corresponding period • 2H acceleration also expect
Slide 28: Bridge between statutory & underlying PBT
Bridge between statutory & underlying PBT $'000 FY25 FY26 expectations Net Profit Before Tax 212,621 Expected to continue into FY26. Amortisation will vary depending on quantum of convertible Amortisation of convertible notes (non-cash) 25,121 notes. Gain on buy-back & remeasurement of convertible n
Slide 29: Formal Business
Formal Business
Slide 30: Re-elect Gary Smith
Re so lu ti on 1 Re-elect Gary Smith The number of proxies received for the resolution is: Decision Votes % For 82,513,989 75.72 Against 26,257,025 24.09 Open 204,137 0.19 Abstain 136,488
Slide 31: Re-elect Kirsty Rankin
Re so lu ti on 2 Re-elect Kirsty Rankin The number of proxies received for the resolution is: Decision Votes % For 107,770,973 98.89 Against 1,005,443 0.92 Open 202,042 0.19 Abstain 133,182
Slide 32: Approve the grant of long-term incentive plan rights to the Managing Director
Resolution 3 Approve the grant of long-term incentive plan rights to the Managing Director The number of proxies received for the resolution is: Decision Votes % For 72,678,503 78.94 Against 19,184,768 20.84 Open 195,689 0.22 Abstain 104,519
Slide 33: Approve the issue of convertible notes and to refresh placement capacity
Resolution 4 Approve the issue of convertible notes and to refresh placement capacity The number of proxies received for the resolution is: Decision Votes % For 106,333,156 97.57 Against 2,441,178 2.24 Open 207,584 0.19 Abstain 129,724
Slide 34: Approve remuneration report
Re so lu ti on 5 Approve remuneration report The number of proxies received for the resolution is: Decision Votes % For 87,269,385 94.81 Against 4,584,123 4.98 Open 194,952 0.21 Abstain 114,988
Slide 35: General questions?
General questions?
Slide 36: Meeting is paused for voting to be finalised
Meeting is paused for one minute for voting to be finalised
Slide 37: Voting is now closed
VOTING IS NOW CLOSED
Slide 38: Meeting has closed
MEETING HAS CLOSED
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