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ぴ TUI GROUP Quarterly Statement 1 October 2020 – 31 December 2020 - • • • Completion of third support package for € 1.8bn including fully subscribed rights issue Liquidity bridged to Summer 2021 travel recovery Q1 result reflects minimal operations due to extended travel restrictions Proven delivery of safe holidays - 2.5m customers since restart , 7 - day incidence rate¹ averages 0.54 per 100k guests 2.8m customers booked for Summer 2021 season - 80 % capacity maintained Early redemption of € 300m Senior Notes ( due Oct 2021 ) announced post balance sheet date on 15 Janu- ary 2021 , ensuring extension of major debt maturity to July 2022 1 Incidence rate calculated as cases / guests x 100,000 / number of calendar days x 7 TUI Group - financial highlights € million Revenue Underlying EBIT1 Hotels & Resorts Cruises TUI Musement Holiday Experiences Northern Region Central Region Western Region Markets & Airlines All other segments Underlying EBIT EBIT1 Underlying EBITDA EBITDA² Group loss Earnings per share Net capex and investment Equity ratio ( 31 Dec ) ³ Net financial position ( 31 Dec ) Employees ( 31 Dec ) Differences may occur due to rounding . Q1 2021 Q1 2020 adjusted Var . % 468.1 3,850.8 - 87.8 Var . % at constant cur- rency - 87.6 -95.6 35.3 n . a . n . a . - 98.4 48.8 n . a . n . a . - 32.6 - 8.9 - 267.0 - 274.2 - 226.6 75.2 n . a . n . a . -224.7 - 105.8 - 112.5 - 119.8 - 145.8 - 28.9 - 403.8 - 404.5 -75.4 - 63.2 - 19.2 - 18.0 - 445.9 - 197.9 - 125.3 - 128.9 - 26.0 - 24.0 - 8.3 -9.2 - 698.6 - 146.7 - 376.1 - 383.4 - 720.9 - 77.9 - 825.8 - 480.4 111.5 n . a . - 497.6 189.8 n . a . - 813.1 - 105.4 - 671.6 € - 1.36 -0.22 - 518.2 - 47.1 60.7 n . a . % - 5.0 21.7 -26.7 - 7,177.0 - 5,072.2 - 41.5 37,081 56,448 - 34.3 This Quarterly Statement of the TUI Group was prepared for the reporting period Q1 FY 2021 from 1 October 2020 to 31 December 2020 . 1 We define the EBIT in underlying EBIT as earnings before interest , income taxes and result of the measurement of the Group's interest hedges . For further details please see page 15 . 2 EBITDA is defined as earnings before interest , income taxes , goodwill impairment and amortisation and write - downs of other intangible assets , depreciation and write - downs of property , plant and equipment , investments and current assets . 3 Equity divided by balance sheet total in % , variance is given in percentage points . 1