Amadeus IT Group Investor Presentation — May 2020

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© Amadeus IT Group and its affiliates and subsidiariesAmadeus

Jan –Mar 2020 Results

_This presentation may contain certain statements which arenot purely historical facts, including statements about anticipated or

expected future revenue and earnings growth .Any forward -looking statements inthis presentation are based upon information

available toAmadeus onthe date ofthis presentation .Any forward -looking statements involve risks and uncertainties that could

cause actual events orresults todiffer materially from theevents orresults described intheforward -looking statements .Amadeus

undertakes noobligation topublicly update orrevise anyforward -looking statements, whether asaresult ofnew information, future

events orotherwise .Readers arecautioned nottoplace undue reliance onforward -looking statements .

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© 2020 Amadeus IT Group and its affiliates and subsidiaries

© 2020 Amadeus IT Group and its affiliates and subsidiariesQ1 2020

1. Excluding after -tax impact of the following items: ( i) accounting effects derived from PPA exercises and impairment losses, and (ii)

non-operating exchange gains (losses).

2. Defined as EBITDA, minus capex, plus changes in our operating working capital, minus taxes paid, minus interests and financia l

fees paid._Revenue (27.3%)

•34.2% EBITDA margin

_Adjusted profit1(57.5%)

•Adjusted EPS1(57.5%)

_Free Cash Flow2+3.0%

•1.04x proforma for our capital raising