Flight Centre Travel Group Investor Presentation — August 2018

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FY18 FULL YEAR RESULT

Flight Centre Travel Group

ASX:FLT | August 23, 2018

COO Results & Highlights

Results & Highlights: New Milestones Established

$21.8b Up 8.5% & $1.7b higher than previous record (FY17)

Represents almost $60m in TTV on average every day

(underlying) Near top of upgraded guidance & $55m above FY17 result

16.8% year -on-year growth & 2% above previous record (FY14)

Returns $1.67 in fully franked dividends per share

14% EPS growth Results & Highlights: Key Drivers

problem areas Loss-making businesses removed, downsized or pivoted

USA & Canada leisure profits for 1st time since FY12 & FY11 respectively

Globalisation Profit growth driven by overseas businesses – particularly EMEA & Americas

Investigating further global synergies in air, land & IT areas

Costs & Efficiency Slowing overall cost growth & lowering cost margins, improving productivity

All BT costs recorded as business as usual Successfully Executing BT Strategies Results & Highlights: Successfully Executing Key Strategies

Early Progress Towards Transformation Targets

7% per annum TTV growth on average in

constant currency through to FY22

Tracking above target - circa 8.5% growth

Return to 2% full year net margin by FY22

Solid progress – 12bps improvement to 1.76% Goal:

<$100m in underlying* cost growth during

Target achieved – circa $90m growth

Medium-term transformation goals are subject to review as FLT fine tunes strategies & as business mix changes. FLT will continue to provide separate annual guidance.

*Excludes touring costs, which were previously netted against revenue7 2 100 Results & Highlights: Key Drivers - Margins

Margin 25bps decrease – decrease was expected & driven largely by ongoing

business mix changes

Reflects rapid growth in lower revenue margin businesses – multi-national

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