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Leisure at heart, Business in mind
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7.Unique Brands Index 1.Our History 2.Key Facts 3.Investment Thesis 4.Financial Snapshot 5.Operational Figures 6.Financial Position 1.Our properties 2.Consolidation Method 3.Equity Method 4.Business strengths 5.MeliáRewards and Meliá PRO 6.Holistic approach of Meetings & Events 7.F&B Experiences 2.Committed to our people 1.Business Management 2.Partners Benefits 1.Committed to environmental sustainability 4.Responsible supply chain 3.Governance Advantages for Owners & Affiliates Responsible Business Our Brand Our portfolio 2
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Our Brand 3
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“From Mallorca to the world, our history is an exciting journey that began more than six decades ago” Gran Meliá Villa Le Blanc 4
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1956 The company’s first hotel is founded (Palma de Mallorca, Spain) 1960’s Growth in the Balearic Islands 1987 Acquisition of the Meliá hotel chain. The company changes its name to Sol Meliá 1995 The birth of Paradisus Resorts, specialising in the luxury sector 1996 We begin trading on the stock exchange 1997 Launch of the booking website melia.com 2000 Acquisition of the TRYP Hotel chain 2004 Launch of the Vacation Club Meliá 2006 Launch of ME by Meliá, the most Avant-garde Brand in the portfolio 2007 Acquisition of the German Brand INNSIDE Launch of the SAVE Project to fight climate change 2014 The Meliá Digital project is born to promote the company's digital transformation 2019 Meliá is named the Most Sustainable Hotel Company in the world by the investment agency SAM 1970’s Growth in other resort destinations in Spain 2021 Meliá continues to diversify its brand portfolio and creates The Meliá Collection and the Affiliated by Meliá network 2011 The company becomes Meliá Hotels International 2022 Meliá launches ZEL, a new brand developed jointly with Rafael Nadal 1984 Acquisition of the hotel chain HOTASA. Becomes the largest hotel group in Spain 1994 Launch of the loyalty programme (current MeliáRewards) Our history Our Brand / Our history 5
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+46,900 Employees 87,3% Employee engagement 37 Countries Our Team Portfolio *Source: Hotelsmag Rank, by number of rooms #1 Leisure group worldwide #1 Hotel group in Spain #3rd in Europe #19th worldwide* Sustainability Yearbook Member, 2024 Key Facts 46.1% Female staff members 365 Hotels +67 Hotels in pipeline 93,499 Rooms +12,273 Rooms in pipeline Our Brand / Key Facts *Systemwide information 6
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Network + 17M MeliáRewards MEMBERS +9 % YoY +400,000 Companies with access to MeliáPRO Corporate 40.6% Renewable energy use 33.8% Recycle rate Sustainability Key Facts Our Brand / Key Facts *Source: Hotelsmag Rank, by number of rooms #1 Leisure group worldwide #1 Hotel group in Spain #3rd in Europe #19th worldwide* Sustainability Yearbook Member, 2024 7
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World leader in resorts and bleisure Market leader in the Caribbean and resorts segment Focusing on Tier 1 cities and dynamic destinations Leading international Pipeline Targeting high-end resorts and bleisure segments ESG Impact Leading the transformation towards a sustainable tourism model Shareholder Value Hybrid positioning between a REIT and hospitality company Public Company since 1996 Resilient business model Increasing year on year EBITDA generation. Increasing Management portfolio Unique Brand Portfolio Highly attractive brands and a solid customer loyalty programme Industry Fundamentals Tourism solid demand after the pandemic disruption Diverse customer nationalities mix Digitalisation Towards an Asset-light modelProven Expertise Over 65 years of experience starting as a resort specialist company Sustainability Yearbook Member, 2025 by S&P Global Pipeline focused on Management and Franchising formulas generating a strong ROI Creating a more agile company leveraging digitalisation Leveraging Own channels with over 50% of centralized sales Gran Meliá Torre Melina – Barcelona, Spain Investment Thesis Investment Thesis Our Brand / Investment Thesis 8
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ME London Q1 2025 Results Financial Snapshot Our Brand / Financial Snapshot Melia Milan – Milan, Italy EBITDA Q1 2025 +1.0% vs SPLY +0.6% vs SPLY +0.00€ vs SPLY Consolidated Revenues Q1 2025 € 444.5M € 97.9M € 0.03 EPS Q1 2025 +5.2% vs SPLY -0.9pp vs SPLY % OCCUPANCY Q1 2025 €135.8 ARR Q1 2025 57.1% REVPAR Q1 2025 +3.6% vs SPLY €77.5 Systemwide KPI’s +15 Mn MeliaRewards members EBITDA Ex Capital Gains Q1 2025 +0.8% vs SPLY -4.5% vs SPLY +29.7% vs SPLY Revenues Ex Capital Gains Q1 2025 € 441.1M € 91.0M € (18.7)M Financial Result Q1 2025 Of our Centralized sales-0.8M€ vs SPLY €6.7M ATTRIBUTABLE NET PROFIT 12M 2023 +45.9% MELIA.COM € 2,275.6M Total NET DEBT € 792.1M NET DEBT Excluding leases +39.0M€ vs Year End 2024 +19.4M€ vs Year End 2024 12
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ME London Yearly Results Financial Snapshot Our Brand / Financial Snapshot Consolidated Revenues M€ Ex Capital Gains EBITDA M€ Ex Capital Gains Attributable Net Profit M€ Meiliá Phuket Mai Khao – Mai Khao, Thailand 1.789,5 528,4 827,2 1.679,8 1.928,8 2.012,8 2019 2020 2021 2022 2023 2024 470,9 -151,5 125,5 418,5 486,5 533,6 2019 2020 2021 2022 2023 2024 112,9 -192,9 110,7 117,7 140,6 2019 2020 2021 2022 2023 2024 -595,9 13
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ARR Occup. RevPAR Operational Figures 2024 Systemwide RevPar Our Brand / Operational Figures Gran Meliá Palacio de Isora – Santa Cruz de Tenerife , SpainQ1 Q2 Q3 2024 Q4 12 M 14
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Operational Figures Q1 2025 Systemwide RevPar Our Brand / Operational Figures Gran Meliá Palacio de Isora – Santa Cruz de Tenerife , Spain AMERICA EMEA SPAIN CUBA ASIA TOTAL ARR OCCUPANCY RATE REVPAR 15
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-1.3bp vs. 2019 OCCUPANCY Occupancy showing a great Recovery, with still margin to grow compared to Pre-pandemic Operational Figures Owned & Leased KPIs (12M) Our Brand / Operational Figures + 40% vs. 2019 ARR (Average Room Rate) All time high ARR thanks to our luxury positioning and value proposition Gran Meliá Palacio de Isora – Santa Cruz de Tenerife , Spain 71,3% 72,0% 70,8% 39,2% 41,3% 61,6% 67,7% 69,5% 2017 2018 2019 2020 2021 2022 2023 2024 119,1 € 120,0 € 122,8 € 110,2 € 117,9 € 148,6 € 158,6 € 171,9 € 2017 2018 2019 2020 2021 2022 2023 2024 16
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Operational Figures Owned & leased KPIs (12M) Our Brand / Operational Figures Yearly RevPar (Revenue Per Available Room) +37.5% vs. 2019 Continued yearly RevPar increase after the pandemic, thanks to our premium locations and repositioning processes carried out by the Company to focus on high end and luxury segments. Me Cabo – Cabo San Lucas , Mexico 84,9 € 86,4 € 86,9 € 43,2 € 48,7 € 91,5 € 107,4 € 119,5 € 2017 2018 2019 2020 2021 2022 2023 2024 17
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2025-2029+ Debt Maturity Profile (€ Millions) 5.53% - 2024 5.16% - 2023 Financing Cost Financial Position Debt Split 49% Fixed & 51% Variable Returned to Prepandemic leverage ratios in 2024 Focus on operational Cash Flow generation, selective and cost efficiency through digitalization Meliá Casa Maya - Cancún , Mexico 88,6 159,5 268,2 198,6 119,1 22,8 52,5 2025 2026 2027 2028 2029 > 5 years Bank loans & others Capital Markets 18
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Our hotel brands reflect the company’s growth strategy focused on the premium and upscale segments. Strength and diversity of our brands Unique Brands Luxury Brands Premium Brands Essential Brands 52% 43% Meliá Hotels & Resorts 8% INNSiDE by Meliá 1% ZEL 35% 19% Sol by Meliá 16% Affiliated by Meliá 13% 4% Gran Meliá Hotels & Resorts 1% The Meliá Collection 7% Paradisus by Meliá 1% ME by Meliá Portfolio Distribution (Total rooms) Our Brand / Unique brands 19
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Luxury Brands Unique Brands 55 HOTELS 14,415 ROOMS Distinguished & Recognized worldwide Palacio de los Duques, Gran Meliá Meliá Serengeti Lodge, Member of Meliá Collection ME Ibiza Paradisus Playa del Carmen Our Brand / Unique brands / Luxury Brands 25 HOTELS 3,856 ROOMS Portfolio Pipeline Pipeline 20
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Unique Brands Premium Brands Suitable for all distinguished travellers Meliá Zahara Atlanterra Zel Mallorca INNSiDE Bremen 177 HOTELS 48,832 ROOMS 27 HOTELS 6,735 ROOMS Portfolio Pipeline Our Brand / Unique brands / Premium Brands 21
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Unique Brands Essential Brands Our expertise & know-how with excellent value 133 HOTELS 30,252 ROOMS Our Brand / Unique brands / Essential Brands Sol Fuerteventura Jandía Hotel Palacio de Avilés , Affiliated by Melía 15 HOTELS 1,682 ROOMS Portfolio Pipeline 22
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Our Portfolio 1.Our properties 2.Consolidation Method 3.Equity Method 4.Business strengths 5.MeliáRewards and Meliá PRO 6.Holistic approach of Meetings & Events 7.F&B Experiences 23
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“Right from the start, at Meliá Hotels International we have managed to build a successful business based on our unique approach to hospitality” 24
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2024 Hotel Business Operating profit contribution (EBIT + Fees) Our Portfolio Locations +400 hotels / +104k rooms Guests main nationalities *2024 60% RESORT 40% CITY SPAIN USA UK GERMANY MEXICO FRANCE 13% 12% 8% 4% 4% 24% AMERICAS 27%* HOTELS ROOMS In operation 71 Pipeline 11 In operation 25,546 Pipeline 2,430 SPAIN EUROPE, MIDDLE EAST AND AFRICA 49%* 22%* HOTELS ROOMS In operation 98 Pipeline 35 In operation 19,996 Pipeline 6,377 HOTELS ROOMS In operation 139 Pipeline 11 In operation 35,269 Pipeline 2,463 ASIA-PACIFIC2%* HOTELS ROOMS In operation 42 Pipeline 7 In operation 11,246 Pipeline 2,254 Our Portfolio 25
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Brand Presence EMEA Management Owned Location America EMEA Spain Asia Pacific Management Franchise PORTFOLIO PIPELINE * Amounts calculated over total room number Management Luxury Premium Essential 13% Franchise 16% 22% 50% America 28% Leased 21% Spain 38% Asia Pacific 12% Luxury 15% Premium 53% Essential 32% 26% 74% 61% 4% 16% 19% 23% 33% 43% Diverse Management systems and strong Brand presence & Growth into key destination and holiday areas in the Mediterranean, Caribbean and Southeast Asia Our Portfolio Our Portfolio 26
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628 60055 7 20 3,758 4,041324 188 247 172 2018 Valuation Disposals Acquisitions FX Effect Appreciation 2022 Valuation Through direct ownership or participating in Joint Ventures with selected partners, our asset portfolio is located in premium and highly dynamic cities. Our Properties JV 2018 Valuation Disposals Acquisitions FX Effect Appreciation 2022 Valuation Owned Current Assets Evolution (excluding assets sold) +11.6% 6.8% Fx Effect 4.8% Asset Appreciation +10.6% 6.1% Fx Effect 4.5% Asset Appreciation +4.6% 1.2% Fx Effect 3.4% Asset Appreciation +5.8% -4.4% +7.5% Total Portfolio Evolution 2018 - 2022 Our Portfolio * All amounts in M`€ 28
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Together with the value of our strong brands, our distribution model and loyalty programme are our key levers of success Business strengths Meliá 2024 segmentation * Direct channels ** We generate more than 50% of our centralised sales through our direct Channels: melia.com, our contact center, Meliá app and MeliáRewards loyalty programme. We are the largest resort hotel company in the World, allowing us to capitalize on a Unique Selling Proposition for our guests Leaders in leisure Corporate 10% E-commerce 21% TTOO 23% Final Customer 30% MICE 16% Our Portfolio / Business strengths MELIA.COM >50% Of centralised sales >17 Mn MeliaRewards members 34 Combining our leadership in resort hospitality with a growing presence in key European and Asian cities, we are ideally positioned to meet the needs of the modern bleisure traveler. Increasing bleisure
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MeliáRewards is the Meliá Hotels International loyalty program, where you can enjoy benefits and exclusive offers, creating a powerful value creation tool Belonging keeps our customers coming back Our professional customers are equally important to us Melia PRO is the umbrella brand for all professional segments: corporate travellers, Meetings & Events, travel agencies and tour operators. Our corporate client enjoys flexibility and benefits, along with special rates. Our loyalty programs Our Portfolio / Our loyalty programs +15.6 million members 40 partners 81% direct sales bookings done by MR Members +55,000 registered travel agencies +400,000 companies with access to Meliá PRO Corporate +130,000 travel agents members of MeliáRewards 35
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Our Portfolio provides world class lounges to provide unforgettable meetings & venues, offering complete solutions City & Resort locations F&B integrated into MICE events Holistic approach of Meetings & Events Meliá Palma Bay Our Portfolio / Holistic approach of Meetings & Events 36
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+27.0 M Meals Served 1,139 Outlets 13,600 F&B Staff F&B Experiences Our guests enjoy our exceptional cuisine both managed by Meliá and external partners, bringing closer local tastes and memorable tastes Our Portfolio / F&B Experiences 37
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Advantages for Owners & Affiliates 1. Business Management 2. Partners Benefits 38
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Next to our Owners every step of the way Pre-Operation Stage Upon signature we provide our Owners with tailor-made advice for the phases of Design, Construction, Project Definition and Pre-opening, taking into consideration efficiency, sustainability and cost- reduction criteria Operation Stage On We pursue long-term relationships with all of our Owners thanks to our close day- to-day collaboration with an agile, trustworthy and transparent communication. Development Stage Our dedicated team of experts help our Owners define the most suitable Brand for the asset and refurbishment strategy in order to maximize their investments Business Management Gran Meliá Villa Le Blanc BUSINESS MANAGMENT PROJECT ANALYSIS PROJECT DEFINITION OPERATIONS & SUPPORT OPERATION STAGE Advantages for Owners & Affiliates / Business Management 39
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We are committed to offering the most comprehensive quality services to make profitable business, operating with professionalism, seriousness and the confidence of a major brand portfolio with international prestige. Partner benefits Meliá Bali Efficient distribution model and strong direct sales channels Global revenue management and B2B strategy MeliáRewards Loyalty Program Firm commitment to sustainability and responsibility Stay Safe with Meliá Program “Expertise in digitalization and IT excellence Meliá Hotels International “à la carte” operational services MHI expertise in digitization and computing excellence. Advantages for Owners & Affiliates / Partner benefits 40
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“Working towards a sustainable future from a responsible present” 41
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Responsible Business 1. Committed to environmental sustainability 2. Committed to our people 3. Governance 4. Responsible supply chain 42
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At Meliá we defined our own global CR model, aligned with United Nations’ Sustainable Development Goals, in order to generate shared value and benefits in the destinations in which we are an active player. This commitment has led the group to become the Most Sustainable Hotel Company in Spain and third in the world, according to the last S&P Global Corporate Sustainability Assessment We integrate the Sustainable Development Goals into our business model The health and safety of our stakeholders is a priority for us We are committed to a comprehensive talent management based on our values and the essence of a family business We take action against climate change with an efficient and responsible hotel management model that minimizes our impact We are moving towards an ethical, transparent and responsible management model by integrating Sustainability into our Government Model We are committed to the responsible management of our supply chain We promote dialogue and relationship with our stakeholders based on lasting alliances aimed at achieving shared objectives Responsible Business 43
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We promote a business model that contributes to the fight against climate change and minimizes our environmental footprint Committed to environmental sustainability B 2023 CDP Climate 44
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Investments with ESG criteria €28.0M (2018-2023) Science-based target Scope 1 emissions 58.0k TCO2 (-30.9% vs. 2018) Scope 2 emissions 299.8k TCO2 (-17,0% vs. 2018) Renewable energy use owned & leased hotels 40,6% 2022 Data • Hotel company signatory to the Paris Agreements (COP21) • Pioneer in the application of environmental blockchain • Recognized by world leader ESG monitors Committed to environmental sustainability Responisble Business / Committed to environmental sustainability 45
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First Spanish travel company to sign the ECPAT Code (2006) Awarded Best Place to Work in Spain, Mexico and Dominican Republic Corporate member of the UNWTO International Code of Ethics (2011) Signatory member of the Global Compact (2008) • Providing equal opportunities • Promoting diversity among our teams • Developing new skills for the age of digitalisation • Offering safe and healthy work environments Our Commitments Committed to our people Responsible Business / Committed to our people 46
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The future of our company is with our people. Our employees all around the world are the heart of our business and drive our efforts to become a better company every day Female staff members Social organisations supported since 2019 Women in Management positions +340 46.1% 30.4% Training hours per employee +12 Committed to our people ESG Impact / Committed to our people 47
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As a family-owned company, we have a long-term view and commitment to our business vision based on our corporate values and Code of Ethics, both of which we have bolstered with the creation of a solid management structure and regulatory body based on principles of transparency and the best practices in corporate governance. Our governance model has integrated ESG criteria to drive improvements in our management and ensure compliance with our commitments to all of our stakeholders. Ethics, integrity and responsibility are the essence of our governance 78% Compliance with recommendations of the Good Governance Code of the Spanish CNMV Governance ESG Impact / Governance 48
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The success of the responsible hotel model we pursue requires the involvement of every link in our value chain. None of the actions we take to move towards a low-carbon economy would be possible if we do not get our suppliers involved in our projects and commitments. We have made progress in a supplier selection model which is based not only on technical, quality and economic criteria, but also on sustainability. We also seek active cooperation and partnerships with suppliers to support our shared commitment to sustainability. We continue to make progress in ethical management in our supply chain, working together with suppliers who share our values and commitments 100% Objective for suppliers with sustainability clause signed by 2024 Responsible supply chain 49
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This report is a communication made or approved for communication by Meliá Hotels International. It is directed exclusively to eligible counterparties and professional clients. No persons other than an eligible counterparty or a professional client should read or rely on any information in this report. This research report is being distributed by Meliá Hotels International, purely as a resource and for general information purposes and only contains general information; therefore, this report does not take account of the specific circumstances, investment objectives, financial position or risk profile of any recipient and should not be relied upon as authoritative or taken in substitution for the exercise of judgement by recipient. Each recipient should consider the appropriateness of any investment decision having regard to their own circumstances, the full range of information available and appropriate professional advice. Each recipient should make their own investment decision regardless of the circumstances mentioned in this report and by obtaining specific specialist advice that may be necessary. The information and opinions, estimates, projections and recommendations in this report have been drafted by Meliá Hotels International and are based on publicly – available information and on sources believed to be reliable and in good faith, but that information has not been verified independently and no representation or warranty, either express or implied, is made as to their accuracy, completeness or correctness. Meliá Hotels International may amend, supplement or update the contents of this report in such form and in such timescales as Meliá Hotels International deems appropriate. Meliá Hotels International reserves the right to express different or contrary recommendations and opinions. This report does not constitute or from part of, and should not be construed as, any other for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. Meliá Hotels International accepts no liability whatsoever for any loss or damage arising from any use of this report or its contents. Investors should bear in mind that past performance or results are no guarantee of future performance or results. Price of securities or instruments or the results of investments may fluctuate against the investor’s interest and may even lead to the loss of the initial investment. This report is for the use of the addressees only, is supplied to you solely in your capacity as an investment professional or knowledgeable and experienced investor for your information and no part of this document may be (I) copied, reproduced or duplicated by any form or means, (II) redistributed or (III) quoted or published, for any purpose, without the prior written consent of Meliá Hotels International. Breach of these restrictions may constitute breach of law in the relevant jurisdictions. Meliá Hotels International may distribute reports such as this in hard copy or electronically. This communication contains forward-looking information and statements about Meliá Hotels International, including statements regarding plans, objectives and expectations with respect to future performance. Forward-looking statements are statements that are not historical facts and are generally identified by the words “expects,” “anticipates,” “believes,” “intends,” “estimates” and similar expressions. Although Meliá Hotels International believes that the expectations reflected in such forward-looking statements are reasonable, investors and holders of Meliá Hotels International shares are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Meliá Hotels International that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include those discussed or identified in the documents sent by Meliá Hotels International to the Comisión Nacional del Mercado de Valores (CNMV), which are accessible to the public. Forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of Meliá Hotels International. You are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date they were made. All subsequent oral or written forward-looking statements attributable to Meliá Hotels International or any of its members, directors, officers, employees or any persons acting on its behalf are expressly qualified in their entirety by the cautionary statement above. All forward- looking statements included herein are based on information available to Meliá Hotels International on the date hereof. Except as required by applicable law, Meliá Hotels International does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Disclaimer 50
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