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NextTrip, Inc. Investor Update September 2026 NASDAQ: NTRP T H E I N T E R S E C T I O N O F M E D I AA N D T R A V E L
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N E X T T R I P ,I N C. This presentation has been prepared by or on behalf of NextTrip, Inc. (NASDAQ: NTRP) for informational purposes only. It doesnot constitute an offer to buy or sell any securities, and should not be relied upon as investment advice. Investors are encouraged to conduct their own due diligence and consult a licensed financial advisor before making any investment decisions. Forward-Looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those expressed or implied. Forward-looking statements include projected revenue, viewer counts, advertising impressions, financial projections, and growth objectives. Investors should not place undue reliance on these statements. Financial Data FY2027 projections are forward-looking estimates and not guarantees of performance. Investors are encouraged to review NextTrip's SEC filings, including Forms 10-K and 10-Q, available at www.sec.gov and investors.nexttrip.com. Third-Party Research References to analyst price targets and ratings reflect independent third-party analysis and are not endorsed by NextTrip, Inc. Risk Factors Investing in small-cap equities involves significant risk, including potential loss of principal, limited liquidity, price volatility, and exposure to capital structure changes. The travel sector is subject to macroeconomic, geopolitical, and consumer discretionary cycles that can affect results regardless of platform-specific execution. Past performance is not indicative of future results. IMPORTANT DISCLOSURES
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Video now drives 70% of all travelers decisions – and operators who use it grow revenue 49% faster. (Source: WebProNews / DemandSage, 2025) controls hundreds of hours of TV shows and long form content. THE SHIFT A generational change in how travel decisions are made.
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N E X T T R I P ,I N C. BUILDING THE WORLD’S FIRST MEDIA & TRAVEL COMMERCE PLATFORM S T R E A M I N G T V R E A C H estimated at 250M viewers, 20+ platforms in 80 countries. M U L T I P L E P R O D U C T S for media & travel revenue go live in FY2027. P R O P R I E T A R Y P L A T F O R M connects viewers with millions of travel offerings.
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$ 1 5 0 B I L L I O N Spent annually by travel operators on advertising and marketing, projected to reach $270 billion by 2033. 3 2 9 , 7 3 2 Global hotel and resort businesses worldwide, growing 3.1% per year. THE MARKET A N $ 1 1 . 7 T R I L L I O N G L O B A L T O U R I S M A N D T R A V E L I N D U S T R Y Source: IBISWorld, 2025 Source: Data Insights Market, 2025 80% of all hotel revenue will come from online channels by 2030, the digital shift is accelerating. Source: Statista, 2026
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N E X T T R I P ,I N C. NextTrip exists as a sophisticated full-funnel travel ecosystem, one that moves through every stage of the travel journey, from inspiration to consideration and conversion. And, ultimately, brand loyalty: return bookers, guests, and clients. Unlike traditional media platforms that only generate awareness, NextTrip controls the entire travel discovery-to-booking funnel. JOURNY TV drives travel inspiration through cinematic storytelling. NextTrip’s travel platform enables viewers to immediately plan and book the experiences they see. This creates a direct link between media exposure and measurable travel conversions. No other travel media platform currently controls this full funnel. A W A R E N E S SC O N S I D E R A T I O NC O N V E R S I O N T H E F U N N E L A S O P H I S T I C A T E D T R A V E L F U N N E L FULL FUNNEL ADVANTAGE J O U R N Y T V T R A V E L M A G A Z I N E F I V E S T A R A L L I A N C EN E X T T R I P V A C A T I O N SJ O U R N Y G O
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N E X T T R I P ,I N C. T W O R E V E N U E V E R T I C A L S A T T H E I N T E R S E C T I O N O F M E D I A & T R A V E L J O U R N Y G O From media ad revenue to commerce via conventional travel booking and marketing. I N S P I R A T I O N T O I T I N E R A R Y C O N V E R S I O N , A G E N T I C- A I E N G A G E M E N T , O V E R L A Y T O O L S MEDIA TRAVEL
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N E X T T R I P ,I N C. M E D I A P L A T F O R M R E A C H In 2026, JOURNY TV is expected to broadcast to approximately 250 million Connected TV, mobile and online viewers around the globe
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N E X T T R I P ,I N C. AN AUDIENCE THAT OVER-INDEXES WHERE IT MATTERS MOST 23% 32% 19% 18% 8% 65+ 45-64 35-44 25-34 18-24 Premium. Affluent. Engaged. The most valuable audience for travel brands. JOURNY reaches a mature, high-value travel consumer, with 56% of viewers age 45+, an audience with established purchasing power and strong discretionary travel potential. A N A F F L U E N T A U D I E N C E W I T H G R E A T E R P U R C H A S I N G P O W E R • Greater purchasing power and higher discretionary spend • More likely to travel and take longer trips • Stronger brand loyalty and repeat purchase behavior • Influential decision-makers in household spending 6% 17% 23% 30% 23% 11% 25% 24% 25% 15% >$500K $200-499K $100-199K $50-99K <$50K JOURNY (Owned Channel) Blended Distribution Footprint -35% -17% +4% +47% +83% OVER-INDEX A M O R E M A T U R E A U D I E N C E . H I G H E R V A L U E 36% earn $200K+ VS. 23% in a blended footprint +57% over -index for $200k+households August 2026 Source: Elemental TV JOURNY Audience Extension Model (measured delivery data + platform -published composition, modeled to b rackets). 5 4 % F E M A L E 4 6 % M A L E 68 % H O M E O W N E R S 3 8 % C O L L E G E- E D U C A T E D
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N E X T T R I P ,I N C. Building the world's first creator, entertainment and travel commerce ecosystem A C Q U I S I T I O N A N N O U N C E M E N T U N I T I N G C R E A T O R S , E N T E R T A I N M E N T , M E D I A A N D T R A V E L T O C O N N E C T I N S P I R A T I O N T O T R A N S A C T I O N . N E X T T R I P A C Q U I R E S C O N T R O L L I N G I N T E R E S T I N Y A D A . NextTrip's acquisition of a controlling interest in YADA Commerce Inc adds a fully licensed TikTok Partner Agency and unlocks a new era of creator- driven commerce, entertainment, and travel experiences at scale. NextTrip and YADA Commerce Inc together create the world's first integrated ecosystem where content inspires, creators engage, and experiences are booked - driving value for our partners, communities, and shareholders. T H E S T R A T E G I C I M P A C T Adds a fully licensed TikTok partner agency Providing access to creator recruitment, development, affiliate commerce, livestream commerce, and creator monetization capabilities. 1 2 3 4 Expands NextTrip’s Audience Acquisition Engine Through access to thousands of creators and billions of aggregate followers across social media platforms. Launches NextTrip’s Destination Entertainment & Creator Commerce With 4 destination music events already committed featuring exclusive artist partnerships, fan experiences, concert travel programs, and creator-led commerce initiatives. Creates new revenue opportunities For our media platform to drive additional advertising, sponsorships, travel bookings, experiential travel, memberships, gift cards, loyalty programs, and creator commerce.
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N E X T T R I P ,I N C. O N E M E D I A & T R A V E L P L A T F O R M . M U L T I P L E R E V E N U E S T R E A M S . Hotels, resorts, cruise lines, and destinations gain direct distribution and advertising access to 250M projected viewers across 80+ countries. Travel advertisers, operator properties are featured through JOURNY TV, Travel Magazine, and TikTok creator commerce, designed to reach and connect with a high-intent audience engaged with inspirational travel content. Viewers interact with embedded QR codes, direct booking links inside the content, and Agentic-AI completing itineraries and reservations in real time without leaving the screen. NextTrip's proprietary technologies drive the conversion. Travel partners pay advertising, pay sponsorships, and consumers can book directly through NextTrip or affiliated partners. W A T C H T H E P L A T F O R M R E A C H T H E R I G H T A U D I E N C E C O N V E R T W H I L E T H E Y W A T C H N E X T T R I P E A R N S O N A D V E R T I S I N G & B O O K I N G S 1 2 3 4 H O W I T W O R K S
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N E X T T R I P ,I N C. Inspires travel through premium television and streaming content reaching audiences worldwide. Extends destination discovery with editorial content, guides, and digital storytelling. Connects viewers directly from content to bookable travel experiences through interactive Agentic-AI technology. (NXT) Full-service travel booking platform for hotels, flights, cruises, vacation packages, tours, and more. Luxury travel platform specializing in the world's leading hotels and resorts. T H E N E X T T R I P E C O S Y S T E M Two complementary business divisions - Business-to-Consumer (B2C) and Business-to-Business (B2B) - creating a connected travel marketplace that serves both travelers and the travel industry. Our platforms, content, and technology work together to inspire, empower, and drive travel bookings. B U S I N E S S - TO - C O N S U M E R ( B 2 C ) Inspire. Engage. Convert. B U S I N E S S - TO - B U S I N E S S ( B 2 B ) Powering the Travel Trade Our flagship B2B platform designed specifically for travel advisors. End-to-end group travel management, booking, and payment platform. A content and commerce platform that aggregates content across the NextTrip ecosystem, allowing advisors to share destination and travel content with clients while embedding bookable links that generate advisor commissions. I N S P I R I N G C O N T E N T S E A M L E S S B O O K I N G P O W E R F U L S O L U T I O N S M O R E T R A V E L . M O R E G R O W T H . O N E C O N N E C T E D E C O S Y S T E M . =
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N E X T T R I P ,I N C. S O M E O F O U R P A R T N E R S HOTELS AND RESORTS ALL MAJOR CRUISE LINES INCLUDING: TRAVEL SUPPLIERS Partner relationships generating inventory, advertising, sponsorships, and booking commission revenue across all categories. A C T I V E P A R T N E R B R A N D S A C R O S S H O T E L S , C R U I S E S , A N D T R A V E L D I S T R I B U T I O N
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N E X T T R I P ,I N C. T H E I N V E S T E D B O A R D 50 years in technology, business management, and innovation. Former Commissioner of the Metropolitan Airports Commission, MN. D O N A L D M O N A C O Co-Founder & Chairman Former President of Worldwide Networks at Sony Pictures Television. Built Sony's global television network across 159 countries. A N D Y K A P L A N Director Former CEO of AIG's $125 billion PineBridge Investments. Serial entrepreneur with deep expertise across AI and Asia-Pacific markets. D A V I D J I A N G Director A senior capital markets and M&A attorney with deep experience advising multinational companies. C A R M E N D I G E S Director Executive VP, Corporate Development at Ledcor Group, where he oversees strategic growth initiatives across Canada and the US. J I M M Y B Y R D Director Chairman and CEO of Kircher Holdings LLC, a family office with a diverse investment portfolio. S T E V E K I R C H E R Director B I L L K E R B Y Co-Founder, CEO & Director Architect of the NextTrip content-to-commerce vision. 20+ years building travel and media companies on NASDAQ and TSX. Founding Investors and Board Members have collectively invested over $20 million and own more than 60% of the Company.
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N E X T T R I P ,I N C. B I L L K E R B Y Co-Founder, CEO & Director Architect of the NextTrip content-to-commerce vision. 20+ years building travel and media companies on NASDAQ and TSX. T H E T E A M 30 years in travel tech. Scaled VAX platform to 120k+ travel advisors. Previously VP Architecture at Hyatt, Trisept and Apple Leisure Group. B R A D B U I C E Chief Technology Officer Founder and CEO of Five Star Alliance with a 30-year track record in the leisure, travel, and tourism industry. J O H N M C M A H O N Chief Operating Officer Travel A M Y P R O O S T Chief Revenue Officer 25+ years in travel sales and marketing, building revenue relationships across hotels, resorts, and travel operators globally. Former Director of Content at Brand USA and Executive Producer developing programming for Nat Geo, Disney+, Hulu, and Star. C A S E Y D ’ A M B R A President NextTrip Media A Brand Marketing Strategist with two decades in hospitality and travel, crafting brand campaigns, and marketing strategies. A N T H E A S C H O L T Z Head of Marketing F R A N K O R Z E C H O W S K I Chief Financial Officer Former CFO Storm Harbour Partners. Certified Public Accountant. Extensive public and private sector financial leadership. 30 years of senior executive experience generating growth and developing relationships for global public corporations. R I C H A R D M A R S H A L L Director of Corporate Development B O A R D O F D I R E C T O R S M A N A G E M E N T
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N E X T T R I P ,I N C. FY2027 (targeted) FY2025 (actual) Acquisitions and technology architecture undertaken to build and launch the first Media & Travel Commerce Platform. Revenue $500k Acquisitions, technology build and initial partnerships signed, essentially completing the platform ecosystem to launch and scale. Revenue ramped to $3.7M +640% YOY. Revenue expansion expected due to: GoUSA integration completed. KC Global Media distribution ramp activated. YADA creator commerce acquired. JOURNYGO Agentic-AI launched. Ad sales team hired. Travel Agent Platform launched Target: $27M Revenue. B U I L D I N G & A C Q U I R I N G P L A T F O R M B U I L T B U S I N E S S T O S C A L E Y O Y G R O W T H T H E R O A D M A P FY2026 (actual) YOY $- $5 $10 $15 $20 $25 $30 FY 2025 FY 2026 FY 2027 $ Millions
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N E X T T R I P ,I N C. T H E N U M B E R S PROVEN PERFORMANCE $ 3 . 7 M FY2026 total revenue. Up from $500K the prior year. $ 1 . 4 5 M Q1 FY2027 revenue. Company entering pivotal inflection point. 9 4 0 % YOY Growth reported in Q1 2027. $ 4 0 0 K Cruise Platform bookings gaining traction during recent weeks. Source: NextTrip SEC Filings, Q1 FY2027 $ 2 7 M Projected gross sales FY2027. Source: NextTrip SEC Filings, 2026 $ 6 . 4 4 M Projected net revenue FY2027. $ 1 . 6 2 M Projected EBITDA FY2027. 30 - 5 0 M Monthly ad impressions target. Scaling from 7M+ today. Four Ad Sales Specialists joined team late May. FORWARD OUTLOOK Revenue generated entirely from operator advertising, sponsorships, and booking commissions. Proven Performance: Historical figures sourced from NextTrip SEC filings. FY2026 preliminary figures unaudited. Forward Outlook: Forward-looking projections. Not guarantees of future performance. 6 4 0 % Revenue growth year over year – FY2026. Source: NextTrip SEC Filings, 2026 “We believe Fiscal 2027 represents a true inflection point where strategic investments begin translating into stronger revenue growth, improved gross margins and enhanced operating leverage."
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N E X T T R I P ,I N C. NEXTTRIP: DEFINING THE FUTURE OF TRAVEL COMMERCE T R A D I T I O N A L T R A V E L C O M P A N I E S • Transaction-driven booking businesses • Lower-margin agency / OTA economics • Heavy reliance on paid customer acquisition • Limited differentiation beyond pricing & inventory N E X T T R I P ’ S D I F F E R E N T I A T E D M E D I A & T R A V E L M O D E L • Built for modern consumer behavior ~ Video-led inspiration → seamless booking. • Dual revenue model ~ Media monetization + travel transactions. • Content-to-commerce ecosystem ~ Inspiration, engagement, booking in one platform. • Owns the customer journey ~ From discovery through transaction. • AI-powered personalization ~ Higher engagement, better conversion efficiency. • Higher-margin vertical focus ~ Media ad sales, sponsorships, luxury travel, cruise, group & experiential travel. I N V E S T M E N T T H E S I S : NextTrip is not a traditional travel booking company. It is a next-generation media-powered travel commerce platform. The platform that owns inspiration can own the transaction. Watch. Scan. Book. Go. W H Y N E X T T R I P I S D I F F E R E N T
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N E X T T R I P ,I N C. T H E I N V E S T M E N T THE UPSIDE THE STRUCTURE $ 5 . 0 0 – $ 8 . 5 0 Analyst 12-month price target range. Four analysts initiated coverage. Investing.com consensus: Strong Buy. $ 1 4 3 M – $264M Enterprise valuation range. Based on EBITDA multiple analysis. Source: Sigma Definitive Schedule 14A Proxy Statement, filed December 1, 2023, in the section entitled "Summary of Lake Street's Financial Analysis of NextTrip Booking Engine Exchange NASDAQ Ticker NTRP Fiscal Year End February 28 Shares Outstanding 14.9M Public Float (DTC) 6.5M shares Insider Ownership ~60% Board & Founding Investors Invested $20M+ personally H O W T O I N V E S T NextTrip, Inc. trades on NASDAQ under ticker symbol NTRP. Available through any licensed brokerage account. Richard Marshall Email: Richard.Marshall@NextTrip.com Website: investors.nexttrip.com
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investors.nexttrip.com NASDAQ: NTRP T H E W O R L D ’ S F I R S T M E D I A & T R A V E L C O M M E R C E P L A T F O R M Forward-looking statements involve risks and uncertainties. Past performance is not indicative of future results. Preliminary FY2027 figures unaudited. This presentation is for informational purposes only and does not constitute investment advice. 1 W A T C H 2 S C A N 3 B O O K 4 GO
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APPENDIX
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N E X T T R I P ,I N C. JOURNY TV ORIGINALS P R E M I U M T R A V E L S T O R I E S , P R O D U C E D IN - H O U S E CONTENT • 75+ Original + Exclusive Episodes • 400 Hours of Content JOURNY TV Originals represent the heart of the channel; premium travel storytelling developed and produced in collaboration with world-class creators. These cinematic series explore destinations through culture, people, cuisine, adventure, and personal journeys. Our originals are designed to: • Deliver emotionally engaging travel storytelling • Showcase destinations in a cinematic, aspirational way • Integrate naturally with tourism boards and travel brands • Inspire audiences to explore the world From luxury experiences to hidden cultural discoveries, JOURNY TV Originals create memorable, authentic travel narratives.
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I D O : I N D E S T I N A T I O N I DO: In Destination is an original travel documentary by JOURNY TV Originals, hosted by Ben Higgins (of The Bachelor US). This series celebrates romance by creating incredible wedding ceremonies in iconic destinations around the world. U N I T E D D A T E S O F A M E R I C A A Journy Original travel series that explores destinations across the United States through the lens of dating, relationships, and shared experiences. The series blends travel, culture, food, and local activities with an entertaining dating format, showcasing the unique personality of each destination while inspiring viewers to discover new places and experiences across America. J O U R N Y T V O R I G I N A L S
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N E X T T R I P ,I N C. N E X T T R I P ’ S J O U R N Y T V V I D E O P L A T F O R M
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N E X T T R I P ,I N C. N E X T T R I P ’ S J O U R N Y G O V I D E O I N S P I R A T I O N B O O K I N G C O N V E R S I O N T O O L W I T H A G E N T I C - AI
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N E X T T R I P ,I N C.
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N E X T T R I P ,I N C. T R A V E L A G E N T P L A T F O R M W I T H C O N T E N T , C M S A N D A G E N T I C A I T O O L S
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N E X T T R I P ,I N C. T A R G E T I N G U N D E R E S E R V E D A R E A S O F T R A V E L • Groups Platform - Seamless booking for 10 to 1,000+ travelers, perfect for conferences, weddings, corporate retreats, reunions, and more. • Cruise Booking Platform - Real-time availability, expert guidance, and exclusive perks for a simplified cruise planning experience. • Licensing Solutions – Scalable tech licensing, including white- label offerings and a SaaS subscription model in development. • Travel Agent Platform – A modern toolset for agents, offering access to inventory, marketing tools, and equity participation. • Travel Planning Assist - Concierge-backed, AI-enhanced service for personalized planning, operational efficiency, and cost savings. • PayDlay Payment Option - Interest-free, no-credit-check instalment plans for flexible trip payments, available at checkout. KEY DIFFERENTIATORS IN OUR BOOKING PLATFORM
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N E X T T R I P ,I N C. T V V I E W E R S ↓ 3 0 % S C A N N E D Q R C O D E ↓ 1 5 % R E A C H E D S H O P P I N G C A R T ↓ B O O K I N G S ( I N P R O G R E S S ) Initial performance of JournyGO as we continue expanding our "Watch. Scan. Book. Go." ecosystem. A U D I E N C E B E H A V I O R Our audience continues to be overwhelmingly connected TV viewers. • 98% of viewing takes place on television, with Samsung TV Plus and LG Channels representing our two largest distribution platforms. E A R L Y B E T A P E R F O R M A N C E In the first weeks of beta testing, engagement was very encouraging: • 30% of viewers exposed to JournyGO engaged with the on- screen QR code and visited the JournyGO experience. • Of those visitors, 15% progressed all the way to the shopping cart, demonstrating strong purchase intent. • Personalized, bookable itinerariesgenerated directly from the content viewers are watching. • Save or email the itineraryso viewers can return when they’re ready to plan or book. • First-party data capturewhen viewers enter the JOURNYGO experience, turning anonymous TV viewers into addressable prospects. • Retargeting opportunitiesto re-engage those customers with relevant destinations, offers, partners, and travel products. • Full-funnel measurementfrom Watch → Scan → Engage → Save → Book, giving us visibility beyond traditional CTV impressions. • JOURNY doesn’t just deliver an audience, we create a path to identify, re-engage, and ultimately convert that audience into travelers. J O U R N Y G O : B E T A R E S U L T S
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'Healing, Culture and Coastlines - My Thailand Journey. @HenryMoodie’ 'Real luxury is the feeling when immersing yourself in nature. In Thailand, music is everywhere - in the rhythm of flowing water, the whisper of the wind and the gentle, crafted footsteps on soft sand. Here, nature and human connection compose life’s most beautiful soundtrack. @HenryMoodie C A S E S T U D Y : T H A I L A N D T O U R I S M B O A R D Y O U T U B E F A C E B O O K I N S T A G R A MJ O U R N Y T V N E X T T R I P ,I N C.
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N E X T T R I P ,I N C. F A C E B O O K I N S T A G R A MJ O U R N Y T V N E W S L E T T E R S Campaign across JOURNY TV with the following: • Squeeze backs • Bumpers • 30-second commercial The Objective: Expand brand awareness and drive high-intent traffic from affluent travelers: • Scaling beyond organic demand without paid search • Driving qualified, high-value luxury travelers The Strategy: Contextual luxury video alignment with JOURNY.tv. Included a total of 72 hours of airtime with prime-time placement. Over a period of 90 days • Premium Video Ad placement within Travel Programming • High-intent content focus with QR codes and brand recall The Results: Core objectives achieved beyond baseline organic traffic • Highly engaged viewers, exceeding benchmarks • More engagement and brand alignment by content choices Why it Worked: • Immersive, contextual exposure drove qualified visitors • Luxury positioning was reinforced and aligned with aspirational travelers • Strong brand recall effect beyond traditional search acquisition C A S E S T U D Y : R E S O R T P A R T N E R C A M P A I G N N E X T T R I P ,I N C.
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N E X T T R I P ,I N C. • KC Global Media Entertainment LLCis a global multi-media company based in the United States. • The brainchild of former Sony Executives Andy Kaplan and George Chien, KC Global Media Asia is Asia's leading entertainment hub through the production, distribution and programming of quality, ground-breaking content. • KCGM launching a new regional television and digital channel under the JOURNY brand, powered by NextTrip’s content library. • KCGM will fund all costs associated with launching and operating the channel, and both companies will share revenue. • KCGM has made a strategic equity investment in NextTrip. • Andy Kaplan, Founder and Chairman of KCGM, (former President SONY Global) appointed to the NextTrip Board of Directors. KC GLOBAL MEDIA PARTNERSHIP
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THANK YOU N E X T T R I P , I N C .