Despegar Results Presentation Deck slide image

Despegar Results Presentation Deck

Despegar to Acquire 100% of Viajanet, Further Expanding Presence in Brazilian Market viajanet • One of the leading Online Agencies in Brazil's highly fragmented travel market • Online sales accounted for 98% of 2021 revenues Product Mix .88% of Gross Bookings originated in B2C channel, with remainder via B2B channel • 98% of Gross Bookings in Air segment of Brazil's travel market Financials • Company recorded -US$30 million in audited 2019 revenues Transaction Highlights Total consideration of -US$15M, subject to customary closing conditions • 60% of the purchase price payable at closing; 20% due 24 months after closing; remaining 20% due 36 months post closing Value to be Captured • Opportunity to cross-sell Despegar's complementary higher-margin non-air inventory, such as accommodations and travel packages • Significant synergies expected by plugging Despegar's technology platform into Viajanet's systems to enhance conversion rates and performance marketing capabilities, among other enhancements. 01 5
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