Flight Centre Travel Group Limited · ASX:FLT
Flight Centre Travel — Macquarie Conference 2026
25 slides from Flight Centre Travel's conference presentation, May 5, 2026
Slide 1: Macquarie Conference Presentation
May 5, 2026 Macquarie Conference Presentation Adam Campbell, CFO FLIGHT CENTRE TRAVEL GROUP
Slide 2: Why Flight Centre Travel Group?
Why Flight Centre Travel Group? 2
Slide 3: FLT Investment Case
FLT Investment Case 1 3 5 Leading Brands Diversified leisure Efficiency and Resilient demand and record Strong specialty Productivity TTV YTD demonstrate growth, scaling digital channels. Costs well below pre-pandemic the enduring strength levels. Productivity uplift group- Iglu acquisition set to w
Slide 4: FLT's core assets
FLT’s core assets Customer loyalty Brand equity Differentiated travel and technology and proprietary data and trust product ranges Human expertise - ability to navigate Supplier relationships through complexity FLIGHT CENTRE TRAVEL GROUP 4
Slide 5: Our Portfolio / What We Do
Our Portfolio / What We Do LEISURE CORPORATE OTHER DIVERSIFIED GLOBAL BRANDS Mass Market Independents Global Entertainment/ Touring Destination Sports Management Luxury Specialist SME Meeting & Events Air Charter Airfare Aggregation FLIGHT CENTRE TRAVEL GROUP 5
Slide 6: We are operating in a dynamic and disrupted travel environment
We are operating in a dynamic and disrupted travel environment Current turmoil having a more significant impact on leisure results to date. Global corporate business not significantly affected so far. LEISURE CORPORATE Concentrated segment impacts – April Result Impacts circa $10m YOY. Booking activ
Slide 7: During turbulent times, customers need agents
During turbulent times, customers need agents Drawing on proven crisis playbook to weather turbulence – customer-first approach with people at the heart of our response People – particularly sales staff – integral to FLT’s plans during the current uncertainty and during the sharp rebound that typica
Slide 8: Outbound travel: A large and resilient sector
Outbound travel: A large and resilient sector Australian short-term resident departures (STRD) have increased year-on-year 42 times during the past 50 years despite economic challenges and geo-political tension Covid & post pandemic period 14000000 6 YOY decreases pre-Covid 12000000 10000000 8000000
Slide 9: STRD downturns typically short-term & followed by healthy rebounds
STRD downturns typically short-term & followed by healthy rebounds Example 1: 2003 STRD decline driven by SARS and Example 2: GFC impacted STRD late in 2008 and invasion of Iraq early in 2009; did not result in YOY STRD declines Strong rebound in STRD after 2003 downturn Rapid post GFC Uplift 500000
Slide 10: Trading Update
Trading Update FLIGHT CENTRE TRAVEL GROUP”
Slide 11: Strong performance YTD
Strong performance YTD Highlights – 9 months to March 31 TTV UPBT up 7.6% to up 9.7% to $19.5b $226.4m Third quarter momentum Q3 TTV Q3 UPBT up 6.8% to up 18.5% to $7b $102.6m (9.4% growth in constant currency) FLIGHT CENTRE TRAVEL GROUP Note: TTV, EBITDA, Underlying EBITDA, Underlying profit before
Slide 12: Profit growth accelerated during Q3
Profit growth accelerated during Q3 FLIGHT CENTRE TRAVEL GROUP 12
Slide 13: Trading update: Corporate
Trading update: Corporate Continuing to perform strongly 4% TTV growth to $9.6b 23% UPBT growth to $177m • Solid TTV and profit growth during 9 months to March 31 TTV $b UPBT $m • Q3 TTV up 5% in constant currency • Fast-tracking growth in US SME sector – profit and TTV broadly in line with FY25 ful
Slide 14: Corporate: One experience, multiple revenue streams
Corporate: One experience, multiple revenue streams Expansion into higher margin complementary services – meetings & events, creative services, payments & expense, consultancy, VIP travel, entertainment Travel Meetings Management & Events Professional services FLIGHT CENTRE TRAVEL GROUP 14
Slide 15: Trading update: Leisure
Trading update: Leisure Promising results during first 9 months 12% TTV growth to $9.6b 2% UPBT growth to $136m • 9 consecutive months of double-digit TTV growth – increases across all TTV $b UPBT $m categories (mast, luxury, independent, specialist) 10 140 • Strong Q3 profit – taking result for 9 m
Slide 16: World360 Rewards
World360 Rewards the new loyalty business that unlocks FLT’s eco- system value built to earn, redeem and grow across every journey 0 1 · T H E P R O G R AM 0 2 · TH E E D GE 0 3 · T H E R E T U RN A points-based program. What sets it apart in market. What it gives FCTG. A new engine of sustainable g
Slide 17: Innovating and investing in AI
Innovating and investing in AI Increasing efficiency, reducing cost-to-serve and delivering more personalised, consistent CX Mel Sam Co-Consult Email triaging Partnering with leading AI innovators: FLIGHT CENTRE TRAVEL GROUP 17
Slide 18: Ongoing portfolio simplification and strategic reallocation
Ongoing portfolio simplification and strategic reallocation Proactively reshaping our brand portfolio and operating models to capture emerging opportunities, leverage new technology and create longer-term shareholder value Closure of Divestiture of non-core Organic expansion in underperforming Strat
Slide 19: Capital management
Capital management FLT delivers on all capital management commitments — buyback complete, balance sheet well positioned $200m on-market share buyback — Convertible note restructure — 2027 $87m returned to shareholders in FY26 completed notes reduced & 2028 notes retired Completed mid April 2026 Comp
Slide 20: Summary
Summary FLIGHT CENTRE TRAVEL GROUP”
Slide 21: Outlook
Outlook Monitoring Middle East hostilities ahead of key fourth quarter booking periods • UPBT target unchanged at $315m–$350m but continuing to closely monitor impact of world events on short-term results • Hostilities in the Middle East creating near-term uncertainty and temporarily disrupting inte
Slide 22: Responding to the challenge
Responding to the challenge ➢ Cost discipline – cost margin down to 9.2% after Q3 with ongoing focuses on halting discretionary spend, support role freeze, prioritisation of investment/capex ➢ Increasing market-share – heavy promotion of short to mid-haul international travel and domestic itinerarie
Slide 23: Why FLT is well placed to prosper
Why FLT is well placed to prosper Strong Brand and Market Position FLT’s globally diversified model with trusted brands drives strong demand and record transaction values despite market challenges Corporate Sector Expansion Corporate division growing and expanding into payments, events and consultin
Slide 24: Q&A
Q&A FLIGHT CENTRE ¥ | ‘TRAVEL GROUP } i
Slide 25: Contact details
Contact details Haydn Long Investor & Media Relations haydn_long@flightcentre.com +61 418 750 454 25
Flight Centre Travel Group — Macquarie Conference 2026 on 6ix