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Safe Harbour This presentation and the accompanying slides (“Presentation”) by Le Travenues T echnology Limited (the “Company”) are for informational purposes only and do not constitute an offer, recommendation, or invitation to purchase or subscribe for any securities. They should not be relied upon for any contract or binding commitment. No securities offering will be made except through a statutory offering document with detailed information about the Company. The Company has prepared this Presentation based on reliable information but makes no representation or warranty, express or implied, about its accuracy, completeness, fairness, or reasonableness. This Presentation may not include all material information. Any liability for the contents or omissions is expressly excluded. Some statements may discuss the Company’s market opportunity and business prospects as forward-looking statements, which are not guarantees of future performance and are subject to risks, uncertainties, and assumptions that are difficult to predict. These include economic performance, industry competition, strategic implementation, technological changes, revenue fluctuations, market preferences, and exposure to market risks. Actual results may differ materially from those expressed or implied. The Company assumes no obligation to update any forward-looking information. Any third-party forward-looking statements and projections included are not adopted by the Company, and it is not responsible for them. 2
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Our vision is to become the most customer-centric travel company, by offering the best customer experience to our users. 3 Vision
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We are a technology company focused on empowering travellers to plan, book and manage their trips. Flights Hotels Trains Buses Our Business Who We Are 4
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Empowering travellers to plan, book, & manage trips across trains, flights, buses & hotels, assisting them before during, and after the journey Leading OTA for Next Billion Users with Annual Active Users1 5 Assisting travellers in making smarter travel decisions by leveraging AI Culture and values defined by core tenets of customer obsession, empathy, ingenuity, ownership, resilience and excellence 544.35 Mn Note: 1. For year ended 31st March 2025 What We Stand For
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2007 – 2019 2020 – 2025 6 Our Journey
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7 Note: 1. Basis MAU & Downloads | 2.For 3 months ended 30th Sep 2025| 3. For year ended 31st March 2025| 4. As of 30th Sep 2025 MAU2 Deep penetration in Tier II / III2 Annual Passenger Segments Booked 3 India’s Largest Travel Platform T owns4 Lifetime Downloads4 Lifetime Registered Users 4 Lifetime Transacted Users 4 80.22 Mn 2400+ 746.08 Mn 122.95 Mn 339.82 Mn50.4 Mn 93.99 % 1 Repeat Transaction Rate3 85.80%
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India’s Leading OTA For The Next Billion Users Note: 1. Highest Monthly Active Users for mobile apps across all key OTAs as of September 30, 2023 (Source: F&S Report) | 2. Basis Revenue from Operations CAGR from FY20 to FY25| 3. Source: F&S Report dated December 2023 (Updated May 2024)| 4. Basis GTV and Revenue growth for Flights for the year ended 31st March 2025. Fastest Growing on Revenue 2 & Gaining Market-Share in All Lines of Businesses “One-stop” Multi-Brand Travel Ecosystem Fastest Growing 4 33 1 8
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9 43,474.97 2,827.41 1,095.84 284.76 -24.88 GTV Revenue from Operations Contribution Margin Adjusted EBITDA PBT* (ex loss of associate, exceptional items & tax) 23% ▲ 37% ▲ 20% ▲ 36% ▲ Q2 FY26 vs Q2 FY25 *Excluding the one off ESOP expense , PBT (ex loss of associate, exceptional items & tax for Q2 FY26 is INR 244.42 Million, ▲ 25.69% YoY ) All numbers in millions unless indicated otherwise. Key Performance Indicators Units FY23 FY24 FY25 6 M FY 25 6 M FY 26 Monthly Active Users Million 62.83 76.78 82.02 78.96 82.18 Gross Transaction Value INR Million 74,524.30 102,825.49 149,715.86 65,168.89 89,921.55 Revenue from Operations INR Million 5,012.50 6,558.73 9,142.46 3,883.48 5,972.13 Gross Revenue INR Million 6,405.47 8,318.58 11,913.17 5,069.18 7,832.07 EBITDA INR Million 450.45 530.61 988.84 416.09 339.37 EBITDA % % 8.70% 7.98% 10.61% 10.53% 5.57% 915.46 Cash Flow from Operations 30% ▲ H1 FY26 (YoY Growth) *Includes a one-off ESOP expense of INR 269.30 Million
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10 Q2 FY26Management Commentary - Mr. Aloke Bajpai Chairman, Managing Director & Group Chief Executive Officer Mr. Rajnish Kumar Director & Group Co-Chief Executive Officer Mr. Saurabh Devendra Singh Group Chief Financial Officer “Despite Q2 facing some capacity headwinds, ixigo continued its resilient momentum and grew faster than the overall market YoY in all lines of business, with buses and flights leading the growth and trains maintaining our OTA market leadership. The fundraise strengthens our balance sheet to fulfil our long term aspiration of delivering the best AI-first customer experience for travel and fuels our expansion into new categories and markets. ” “It was not an easy quarter, and yet we continued to grow profitably. This was a result of customer empathy, product innovation, agility, and in some cases, ‘old-fashioned persistence. ’ Quarters like these showcase the ixigo DNA and will form the foundation of our growth for years to come. ”
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11 Introduced AI Smart Filters for flights on desktop, allowing users to search and refine results using natural language inputs for a faster, more intuitive experience. Recent Highlights & Announcements Partnered with DMRC and ONDC to launch Delhi Metro ticketing on the ixigo Trains & ConfirmTkt apps. AbhiBus added 7 new SRTCs - OSRTC, SBSTC, TSRTC, PRTC, KSRTC, SNT & UTC, expanding to 17 major state transport corporations. Introduced an improved Train Alternates feature with nearby stations & dates, & partial journey options, backed by a refreshed UI/UX. ConfirmTkt partnered with HDFC Bank to bring accelerated train ticket booking benefits on the HDFC Bank SmartBuy platform. Enabled Aadhaar-based IRCTC authentication, recording 10,000+ successful verifications daily.
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12 5 Mn+ Ratings across apps India’s Most Loved Travel Apps
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Leveraging Data Science & AI: Our Stack 13 Dynamic AI-based Pricing for Value Added Services No Question Asked Full Refunds Fully Flexible and Freely Reschedulable Upto 150% Assured Refund2 Lock Fare Now, Pay Later (Formerly Travel Guarantee) Upto 3X Refund* on Unconfirmed Waitlisted Train Tickets 27.02 % Ancillary Attachment Rate 1 ● Food on Trains ● Seat & In-flight Meals ● Visa Rejection Protection ● Visa Processing ● Travel Insurance ● Cab Rental Services Other Value Added Services *T&C Apply Peace of Mind Note: 1. For 3 months ended 30th Sep 2025 | 2. For bus cancellation, delay, bad quality of service or cancellation by the customer
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Artificial Intelligence & T echnology Driven Operations T echnology Forms The Basis For Our Operating Leverage Intelligent Alternate Travel Recommendations Suggest alternate trains or combinations when certain trains on a route are wait-listed Crowd-sourced Info & Utility Features Running status, PNR predictions, train reviews. Works without internet or GPS Alternate Travel Plan Upto 3x refund* on unconfirmed train tickets, enabling last minute bookings for flights & buses PLAN Generative AI based trip planner for personalized itineraries ixigo Assured & Assured Flex Offers fully refundable / reschedulable ticket to users with AI-driven pricing AI Revenue Optimisation Dynamic & personalized loyalty points and discounts TARA AI driven personal travel assistant across chat & voice 14 *T&C Apply Automatic Trip Management Deep integration with Apple & Google Wallet & near pilot-grade flight tracking with Flight Tracker Pro
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15 Our 3-Pronged AI Strategy Revenue Disruption Agentic AI enabled efficiency in the entire software development lifecycle 48.80% voice and 90.56% chats resolved by autonomous AI agents All teams can automate workflows with our internal no-code agentic AI platform Annualized Rev / Employee ~$250 K+ & increasing YOY with operating leverage AI optimized dynamic pricing for Value Added Services (Alternate Travel Plan, Assured, Price Lock & more) AI optimized dynamic discounts AI driven revenue management and ranking algorithms AI driven cross-sell and up-sell Predictive, Pre-emptive & Hyper-Personalised Products Conversational, multi-modal and omnipresent AI Voice Travel Assistant Fully Autonomous AI Agents AI Trip Planner - PLAN Efficiency
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16 The ixigo Flywheel Identify & Solve Travel Utility Problems AI-Enhanced Customer Experience & Data Moats Upsell Value-Added Services to enhance Experience & Monetization Leverage Distribution to Cross-sell Flights, Trains, Buses, Hotels Build Trust & Grow NBU Users Organically Deepen Customer Relationship & Monetize Bookings Lifetime Transacted Users2 50.4 Mn Train running / PNR status, Crowdsourced Info, Bus schedules, Flight tracking, etc. annual active users 1 T argeted cross-selling to expand share of wallet across our ecosystem ixigo Assured Flex, Abhi Assured, Alternate Travel Plan, Food on Train, etc. Highest rated app, fuelling word of mouth 544.35 Mn Note: 1. For the year ended 31st March 2025 | 2. As of 30th Sep 2025
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17Source: Company Data Extended Breaks Long weekend travel demand grew 35-40% YoY T op Onam getaways: Kannur, Thiruvananthapuram, and Kochi T op Independence Day getaways: Dehradun, Jammu, Port Blair, Goa & Pondicherry Festive Bookings Advance bookings across key metros soared 65%+ YoY Hit an all-time high of ~ 350,000 train pax segments as Diwali advance bookings opened Rising demand for premium stays: 37% of hotel bookers booked hotels above ₹7,000/night Travel Trends That Set The Stage Rainy escapes, long weekends & advance festive bookings powered Q2 travel growth Monsoon Travel Travel demand across modes grew 35-40% YoY, led by leisure and nature getaways T op Monsoon picks: Lonavala, Munnar, Port Blair, Udaipur, Mahabaleshwar & Goa Short-haul international trips to Vietnam and Thailand saw strong demand
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18 Expanded Reach: Partnered with 7 new SRTCs, now aggregating 17 major state transport corporations for wider route connectivity. Product Innovation: Launched an industry-first ‘New Buses’ filter to help users easily find and book newer, more comfortable buses. Smaller Cities Fuel Momentum: Bus travel demand to and from Vijayawada, Tirupati, Visakhapatnam, Jaipur & Indore saw strong growth. Faith-Led Travel Surges: Strong bus demand for pilgrim routes to Tirupati, Nashik, Ujjain, Varanasi & Haridwar. New Traveller Mix: Solo bookings up 44% YoY; group bookings up 47% YoY. Wheels of Growth: Bus Vertical Accelerates Ahead Bus passenger segments booked rose 46% Y oY for Q2 FY26
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19 Endeavor T o Provide Best Customer Experience Providing Prompt Personalized Assistance Before, During & After the Trip Average Refund Time1 Calls Answered Within 2 Minutes2 Note: 1. Refund time includes cancellation processing time | 2. Calls (or callbacks requested) to our call center 49h : 07m FY21 67.15% FY21 ………………………………..…...…... …...……………………………..……... Customer Queries handled by AI % Queries handled by AI 2.69 Mn 97.40% Q2 FY26 2h : 54m Q2 FY26 Q2 FY26 Q2 FY26 Chat 90.56% Voice 48.80%
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I 20 India Macroeconomic Outlook On Track to Become The Third-Largest Global Economy & World’s 4th Largest Domestic Travel market by 2030 Number of Households By Income / Discretionary Spend1 (% of total Households) 2018 2030 High 8Mn (3%)V High 29Mn (7%) Lower mid 97Mn (33%) Lower mid 132Mn (34%) Upper mid 61Mn (21%) Upper mid 168Mn (44%) Low 127Mn (43%) Low 57Mn (15%) Discretionary Spending Inflection Point at ~$4K GDP / Per Capita Source: S&P Global Market Intelligence, IMF, F&S Report 1. Discretionary spending, defined as spending on transport, recreation, and miscellaneous goods in a household (Source: F&S Report) Rising Per Capita Incomes Will Shift the Income Pyramid
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Robust Growth Expected in Indian Travel & T ourism Market 21 CAGR (FY23-28) 8% 6% 7% 12% 1,660 992 617 539 3,808 5,904 802 837 1,365 2,900 9% FY23 FY28 (P) 70% 81% 32% 19% 81% 86% 44% 28% FY23 FY28 (P) 952 Mn Passengers Travelled On Reserved Tickets Air Hotels Rail Intercity Bus Air Hotels Rail (Reserved Booking) Intercity Bus Source: F&S Report Growth In Online Penetration Across Different SegmentsIndian T ourism & Transportation Size (INR Bn)
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22 OTAs driving faster growth in Online Travel Air Hotels Rail Intercity Bus Market size (INR Bn) CAGR (FY23–28) 18% 15% 18% 17% 18% Indian OTA Market Outpacing the Overall Travel and Online Markets Online Offline 3,808 2,079 1,239 FY23 5,904 3,895 2,802 FY28 OTA Market: 18% Online Travel Market: 13% T otal Market: 9% CAGR 65% 35% 54% 46%FY23 FY28 813 238 100 1,879 517 202 204 FY23 88 1,239 FY28 2,802 Source: F&S Report Indian Travel Market By Booking Mode Indian OTA Market Market size (INR Bn)
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ixigo’s Accelerating Monetization & Premiumization 23 37.98%▲ 24.90%▲ Gross Transaction Value (INR Bn) MAUs and MTUs (Mn) Passenger Segments (Mn) Annual Spend per Transacting User (INR)
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Adjusted EBITDA (INR Mn) Revenue from Operations (INR Mn) Contribution Margin (INR Mn) Operating Cash Flow (INR Mn) Operating Leverage Playing Out 24 30.00%▲ 53.78%▲ 33.59%▲ 44.88%▲
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Adjusted EBITDA (INR Mn) Revenue from Operations (INR Mn) Contribution Margin (INR Mn) Gross Transaction Value (INR Bn) Quarter on Quarter Trajectory 25
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Adjusted EBITDA (INR Mn) Gross Transaction Value (INR Bn) Revenue from Operations (INR Mn) Annual Active Users (Mn) 26 Robust YoY Growth Trajectory 23x Revenue Growth vs Pre-COVID (FY19) CAGR 32.63% CAGR 83.73% CAGR 68.20% CAGR (Since FY21) 84.32%
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Multiple Revenue Streams Diversified Business Model With Multiple Growth Drivers GTV (INR Mn) Gross T ake Rate Contribution Margin (INR Mn) Revenue From Operations (INR Mn) Train ▪ Agent Service charges ▪ PG Charges ▪ Value Added Services ▪ Advertising Flight ▪ Airline Commissions ▪ Convenience Fees ▪ Value Added Services ▪ Ancillaries & Advertising ▪ Convenience Fees ▪ Operator Commissions ▪ Value Added Services ▪ SaaS and Advertising Bus 27 12% 29% 51% Q2 FY 26 vs. Q2 FY 25 21,259.42 18,958.67 15,923.89 12,374.83 5,719.18 3,776.91 5.7% 9.4% 11.6% 11% 60% 64% -9% 45% 31% 1,228.63 1,104.33 893.92 558.06 654.32 398.52 341.80 376.51 395.55 272.93 340.70 259.92 Passenger Segments (Mn) 10% 19% 46% 27.21 24.81 2.41 2.03 6.04 4.14 28% 44% 52% CM%
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Revenue from Operations Contribution Margin Gross Transaction Value 28 Diversified & Evolving Business Mix - Q2’FY26
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29 Consolidated Summary Statement of Profit & Loss INR Million, unless otherwise stated FY25 FY24 FY23 6 M FY 26 6 M FY 25 Q2 FY 26 Q2 FY 25 Revenue from Operations 9,142.46 6,558.73 5,012.50 5,972.13 3,883.48 2,827.41 2,064.70 Other Income 180.20 92.18 163.23 121.31 68.47 51.70 44.45 T otal Income 9,322.66 6,650.91 5,175.73 6,093.44 3,951.95 2,879.11 2,109.15 Expenses Employee benefits expense * 1,636.17 1,410.20 1,262.61 1,264.48 766.21 741.78 386.55 Finance costs 23.30 28.86 9.49 12.63 11.62 6.10 5.75 Depreciation and amortization expense 103.38 129.24 108.15 64.99 47.33 33.26 23.85 Other expenses 6,697.65 4,710.10 3,462.67 4,489.59 2,769.65 2,122.85 1,498.53 T otal Expenses 8,460.50 6,278.40 4,842.92 5,831.69 3,594.81 2,903.99 1,914.68 Profit / (loss) before share of loss of an associate, exceptional items and tax 862.16 372.51 332.81 261.75 357.14 (24.88)* 194.47 Share of loss of an associate, net of tax (90.97) (59.07) 0.00 (38.04) (39.42) (14.69) (19.32) Profit / (loss) before exceptional items and tax 771.19 313.44 332.81 223.71 317.72 (39.57) 175.15 Exceptional Items 46.04 297.21 (126.07) 0.00 46.04 0.00 8.33 Profit / (loss) before tax 817.23 610.65 206.74 223.71 363.76 (39.57) 183.48 T ax expense/ (income): Current tax 40.09 1.25 76.77 119.54 0.48 38.76 0.25 Deferred tax credit 174.62 (121.21) (103.99) (50.63) 83.87 (43.70) 52.38 T otal tax expense/ (income) 214.71 (119.96) (27.22) 68.91 84.35 (4.94) 52.63 Profit / (loss) for the period/year 602.52 730.61 233.96 154.80 279.41 (34.63) 130.85 * Including one off ESOP expense of INR 269.30 million in Q2'FY26.
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30 Segment Wise Operating and Financial Snapshot INR Million unless otherwise stated FY25 FY24 FY23 6 M FY 26 6 M FY 25 Q2 FY 26 Q2 FY 25 Flight Passenger Segments (Million) 8.44 5.77 3.26 5.20 3.60 2.41 2.03 Flight GTV 56,506.95 35,269.99 20,154.88 34,404.42 22,588.79 15,923.89 12,374.83 Flight Gross T ake Rate 8.14% 8.17% 11.02% 9.27% 8.18% 9.38% 8.64% Flight Segment Revenue 2,533.93 1,463.96 1,020.33 1,925.85 973.19 893.92 558.06 Flight Segment Results ( Contribution Margin)-A 1,154.59 709.79 561.84 825.15 486.07 395.55 272.93 Flight Contribution Margin % 45.57% 48.48% 55.06% 42.85% 49.95% 44.25% 48.91% Train Passenger Segments (Million) 96.03 77.38 68.97 53.82 45.85 27.21 24.81 Train GTV 74,104.58 55,685.30 44,715.27 41,810.43 34,750.34 21,259.42 18,958.67 Train Gross T ake Rate 6.04% 6.46% 6.37% 5.95% 5.94% 5.70% 5.72% Train Segment Revenue 4,569.02 3,703.70 2,977.99 2,527.84 2,108.89 1,228.63 1,104.33 Train Segment Results ( Contribution Margin)-B 1,527.40 1,293.83 961.17 751.86 736.68 341.80 376.51 Train Contribution Margin % 33.43% 34.93% 32.28% 29.74% 34.93% 27.82% 34.09% Bus Passenger Segments (Million) 18.48 12.41 10.51 12.71 7.98 6.04 4.14 Bus GTV 18,011.94 11,748.11 9,654.15 12,529.58 7,540.83 5,719.18 3,776.91 Bus Gross T ake Rate 11.47% 11.05% 10.32% 11.93% 11.05% 11.55% 11.00% Bus Segment Revenue 1,969.24 1,317.79 974.05 1,420.68 794.91 654.32 398.52 Bus Segment Results ( Contribution Margin)-C 1,298.05 870.50 617.65 763.34 554.33 340.70 259.92 Bus Contribution Margin % 65.92% 66.06% 63.41% 53.73% 69.73% 52.07% 65.22% Other Segment Results ( Contribution Margin)-D 33.44 64.36 40.12 36.37 2.06 17.79 1.46 T otal Contribution Margin (A+B+C+D) 4,013.48 2,938.48 2,180.78 2,376.72 1,779.14 1,095.84 910.82 Contribution Margin % 43.90% 44.80% 43.51% 39.80% 45.81% 38.76% 44.11%
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31 Financial Summary - Contribution Margin to EBITDA INR Million unless otherwise stated FY25 FY24 FY23 6 M FY 26 6 M FY 25 Q2 FY 26 Q2 FY 25 T otal Contribution Margin 4,013.48 2,938.48 2,180.78 2,376.72 1,779.14 1,095.84 910.82 + Other Income 180.20 92.18 163.23 121.31 68.47 51.70 44.45 - Employee Benefits Expenses 1,636.17 1,410.20 1,262.61 1,264.48 766.21 741.78* 386.55 - T echnology and Related Costs 415.26 285.77 223.02 211.85 164.73 97.38 80.93 - Advertising & Branding 790.82 551.98 214.29 490.51 348.09 199.71 180.18 - Others ( G&A, Outsourcing and Misc. Expenses) 362.59 252.10 193.64 191.82 152.49 94.19 83.54 EBITDA 988.84 530.61 450.45 339.37 416.09 14.48 224.07 + ESOP Expense 139.08 114.68 156.23 380.23 65.33 321.98 30.34 - Other Income 180.20 92.18 163.23 121.31 68.47 51.70 44.45 Adjusted EBITDA 947.72 553.11 443.45 598.29 412.95 284.76 209.96 * Employee Benefits Expenses in Q2’FY26 includes a one-off ESOP expense of INR 269.30 million
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32 Particulars (INR Million) For six months period ended September 30, 2025 For six months period ended September 30, 2024 Cash flows from operating activities Profit / (loss) before tax 223.71 363.76 Operating adjustments : Share of loss of an associate, net of tax 38.04 39.42 Depreciation and amortization 64.99 47.33 Exceptional Items - (46.04) Employee stock option scheme 380.23 65.33 Interest Income (80.73) (35.87) Working capital adjustments 388.12 327.05 Others (98.90) (56.77) T otal operating adjustments 691.75 340.45 Net cash flow from / (used in) operating activities 915.46 704.21 Net cash flow from / (used in) investing activities (32.82) (1,501.32) Net cash flow from / (used in) financing activities (45.19) 1,081.76 Net increase / (decrease) in cash and cash equivalents 837.45 284.65 Cash and cash equivalents at the beginning of the period 486.84 244.96 Cash & cash equivalents as at the end of the period (As reported) 1,324.29 529.61 T otal Cash Balance (Including all Fixed Deposits, Mutual Funds, Net of Borrowings 4,284.96 2,810.80 Financial Summary - Cash Flow
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33 Financial Summary - Balance Sheet Particulars (INR Million) As at September 30, 2025 As at March 31, 2025 Assets T angible and Intangible assets 364.13 268.64 Goodwill 2,595.75 2,595.75 Investment (Current & Non-current) 1,242.64 1,194.78 Other financial assets (Current & Non-current) 1,186.10 327.77 Non-current tax asset & Deferred tax assets 220.79 214.07 Trade receivables 576.97 366.85 Cash and Bank Balances 2,586.00 2,789.63 Current assets (Others) 1,118.30 1,297.42 T otal assets 9,890.68 9,054.91 Equity and liabilities Equity share capital 390.40 390.11 Other equity 6,460.55 5,946.11 Non-controlling interests 16.22 25.10 Lease liabilities (Current & Non-current) 185.92 78.13 Other financial liabilities (Current) 555.93 513.51 Borrowings (Current) 63.23 323.69 Provisions 189.42 151.95 Trade payables 1,388.75 1,034.50 Deferred tax liabilities 10.39 11.76 Contract liabilities & Other current liabilities 629.87 580.05 T otal Equity and Liabilities 9,890.68 9,054.91
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34 Experienced Key Managerial Personnel • Ex- Amadeus • MBA, INSEAD • B.T ech, Electrical Engineering, IIT Kanpur Mr. Aloke Bajpai Chairman, Managing Director & Group Chief Executive Officer • Ex- Amadeus • B.T ech, Computer Science, IIT Kanpur Mr. Rajnish Kumar Director & Group Co-Chief Executive Officer • Ex CBO Sanford C. Bernstein • PGDM, IIM Ahmedabad • B.T ech, Chemical Engineering, IIT Delhi Mr. Saurabh Devendra Singh Group Chief Financial Officer • Co-founder, ConfirmTkt • Ex-o9 Solutions • B.Tech, NIT, Jamshedpur Mr. Dinesh Kumar Kotha Chief Executive Officer, ixigo Trains & ConfirmTkt • Co-founder, ConfirmTkt • B. T ech, Computer Science & Engineering from Sastra University Mr. Sripad Vaidya Chief Operating Officer, ixigo Trains & ConfirmTkt • Ex-Interglobe Aviation, R Systems Intl. • B.Com (H), FCS, LLB, MBA, FCG (UK), PGDCLCF (NLSIU, Bengaluru) Mr. Suresh Kumar Bhutani Group General Counsel, Company Secretary & Compliance Officer Part of the Board of Directors of the Company
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35 Seasoned Board of Directors • Founder and CEO of Hopper, an airfare and hotel fare prediction mobile application Mr. Frederic Lalonde Non-Executive Director • MBA, Harvard University • Bachelor’s degree, University of Waterloo Mr. Shailesh Lakhani Non-Executive Director • Ex-Trustee of the Nasscom Foundation • PGDM from IIM, Calcutta • B. T ech (Electrical), IIT Kanpur Mr. Arun Seth Independent Director • Ex-ICICI, TCS • 29+ years of banking & insurance experience • B.Com, Associate member of ICAI • Founder, GSF; Co-founder Innerchef,Ex-Reliance • Master’s degree in management studies, University of Mumbai Mr. Rajesh Sawhney Independent Director Ms. Shuba Rao Mayya Independent Director • Ex-Hamstede Living Pvt Ltd, Ginger Hotels, Lemontree Hotels • BA, University of Delhi, • Diploma in Hotel Management Mr. Rahul Pandit Independent Director • Ex- CMD, IRCTC • MDI Gurugram (Management) • B.Sc., MA from University of Allahabad Mr. Mahendra Pratap Mall Independent Director
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36 Becoming a One Stop Travel Solution Provider Train Bus Flight Hotels Business Travel T ours and Packages Activities & Experiences International Travel Food & Ancillary Services Increase Monetization Through Cross-selling And Up-selling Continue T o Deepen Penetration & Enhance Our Offerings For The ‘NBUs’ Engage Existing Users T o Return T o Book Increase Volume Of Transactions & Frequency Of Engagement Acquire New Users & Build “T op Of Mind” Awareness Investments in Online & Offline brand building & branded distribution deals Introduce Newer Offerings New “Peace of Mind” products that offer innovative Value Added Services Expand last-mile transportation (cabs and metros) as well as Corporate Travel and T our Packages Improve Operating Leverage Through Investment In Deep T ech & AI Autonomous Operations Through AI Investments Expand monetization through AI-based contextual targeting Agentic AI experiences with hyper-personalized multi-modal conversational capabilities
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37 Conference Call Details Le Travenues T echnology Limited (NSE: IXIGO, BSE: 544192) will host a conference call for analysts and investors on Wednesday, 29th October 2025, at 7:00 pm (IST) following the announcement of financial results for Q2 FY26 Details of Conference call Date Time Duration Wednesday, 29 October 2025 07:00 PM IST 21:30 PM HK/SG 09:30 AM US (EST) 1 Hour Registration Link https://m.ixigo.com/q2-fy26- call
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38 Glossary T erm Description Adjusted EBITDA Adjusted EBITDA is calculated as the profit for the period or year plus tax expense, finance cost, depreciation, amortization expenses, Employee Stock Option Scheme less other income, exceptional items, share of profit/loss of associate. Adjusted EBITDA Margin Adjusted EBITDA Margin is defined as Adjusted EBITDA divided by revenue from operations Annual Active Users Annual Active Users refers to the number of unique devices (including, amongst others, laptops and mobile phones) which have recorded at least one visit to a page/ screen on our platforms in a given period/ year, cumulated across ixigo, ConfirmTkt and AbhiBus websites and apps Ancillary Attachment Rate Ancillary Attachment Rate refers to the number of ancillary transactions for ancillaries sold such as ixigo Assured, ixigo Assured Flex, Trip Guarantee, Price Lock, seats, meals, among others, across flights, trains and buses divided by the overall number of transactions Annual spend per Transacting user Annual Gross Transaction Value divided by Annual Transacting Users Annual Passenger Segments Annual Passenger segments refers to the total number of point-to-point passenger tickets booked between two cities, airports, train stations or bus stations, as applicable, whether or not such a ticket is part of a larger or longer itinerary. For example, a booking made with two passengers for a return flight consists of four passenger segments during a financial year. Contribution Margin Contribution Margin is defined as Segment revenue (net ticketing revenue plus other operating revenue) less direct expenses Contribution Margin (%) Contribution Margin (%) is defined as Contribution Margin(Segment results) divided by revenue from operations (Segment revenue). EBITDA % EBITDA as a percentage of total income
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39 Gross Revenue Gross revenue represents Revenue from operations plus discounts. Gross T ake Rate Gross take rate refers to Gross Ticketing Revenue divided by Gross Transaction Value during the relevant period/ year Gross Transaction Value (GTV) Gross transaction value refers to the total amount paid (including taxes, fees and service charges, gross of all discounts) by users for the OTA services and products booked through us in the relevant period/ year Lifetime Downloads T otal number of times our mobile applications- ixigo, Abhibus, and ConfirmTkt are downloaded on a mobile device from app stores or other distribution platforms since inception till the end of relevant period/ year. Lifetime Registered Users Lifetime Registered users refers to users who have provided their unique mobile number or email address, as applicable, on our platforms cumulated across ixigo, ConfirmTkt and AbhiBus website and apps since inception till the end of relevant period/ year. Lifetime Transacted Users Lifetime Transacted Users refers to the number of unique transacting users identified by user’s mobile number and/or email address, that have made at least one booking through us in the lifetime of our company on the OTA model, cumulated across ixigo, ConfirmTkt and AbhiBus website and apps Monthly Active Users (MAUs) Monthly active users is the number of unique devices (including, amongst others, laptops and mobile phones) which have recorded at least one visit in a month to a page/screen on our platforms cumulated across ixigo, ConfirmTkt and AbhiBus website and apps and cumulated for all months in the given period/ year, divided by the number of months in that period/ year Monthly Screen Views T otal number of mobile app screen views or website page views across ixigo, ConfirmTkt and AbhiBus website and apps in a given period divided by the number of months in that period Monthly Transacting Users (MTUs) Monthly transacting users is the number of unique transacting users identified by users’ mobile number and/or e-mail address, as applicable, that have made at least one booking through us, in a given period/ year, divided by the number if months in that period/ year, cumulated across ixigo, ConfirmTkt and AbhiBus website & apps
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40 Passenger Segments Passenger segments refers to the total number of point-to-point passenger tickets booked between two cities, airports, train stations or bus stations, as applicable, whether or not such a ticket is part of a larger or longer itinerary. For example, a booking made with two passengers for a return flight consists of four passenger segments. Repeat Transaction Rate Repeat transaction rate is calculated as percentage of transactions by repeat transacting users, identified by their unique mobile number and/ or email address, where a repeat transacting user is any user who has transacted through our OTA platforms at least once in the preceding 36 months Tier II/III Penetration % of transactions booked through ixigo group’s OTA platforms where either an origin or destination was a non-Tier I city % Queries solved by AI chatbot % calls handled by AI Voicebot All queries which were handled by chatbot without any human intervention divided by the overall chat queries All calls handled by AI voicebot divided by the overall voice calls handled.
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For additional information please contact: +91 92668 66934 ir@ixigo.com THANK YOU 41