Serko FY23 Half-Year Results Announcement

FY23 Half-Year Results Announcement for the period ended 30 September 2022 Serko Limited (NZX:SKO) today announces its unaudited financial results for the six month period ended 30 September 2022. Summary of Financial Results:1,2 o Total income $19.4 million, up 106% o Segment revenue $20.3 million, up 106% o Average revenue per booking $7.85, up 54% o Total travel booking volumes 2.3 million, up 73% o Completed room nights on Booking.com for Business 454,000, up 432% o EBITDAF $16.9 million, an increase of 44% o Net losses after tax $19.7 million, an increase of 30% o Cash and short-term deposits $102.9 million o Average monthly cash burn $3.6 million o Serko targeting return to cashflow positive during FY25 o FY23 revenue guidance affirmed. All dollar amounts are New Zealand dollars, unless otherwise stated. Please find attached the following documents containing additional information: - Market Release - Results Announcement (NZX Appendix 2) - Half Year Financial Statements - Investor Presentation These documents will also be made available on: www.serko.com/investor-centre Half-year Results Call The half-year results will be discussed on a conference call at 11.00am (NZT) today. To participate in the call dial one of the following numbers. The call confirmation code is 595514 Location Purpose Phone Type Phone Number New Zealand Dial-in Tollfree/Freephone 0800 423 972 New Zealand, Auckland Dial-in Local +64 (0)9 9133 624 Australia Dial-in Tollfree/Freephone 1 800 590 693 Australia, Sydney Dial-in Local +61 (0)2 7250 5438 Hong Kong, Hong Kong Dial-in Local +852 5803 0798 Singapore Dial-in Tollfree/Freephone 800 120 7297 United Kingdom Dial-in Tollfree/Freephone 0800 358 6374 United Kingdom, Local Dial-in Local +44 (0)330 165 3646 United States/Canada Dial-in Tollfree/Freephone 800-289-0459 Or click on the below link that will also take you to the conference call: https://event.webcasts.com/starthere.jsp?ei=1579420&tp_key=e4c650ec1b There is no pre-registration required for the conference call. For and on behalf of Serko by Shane Sampson, Chief Financial Officer. Ends For further information: Shane Sampson Chief Financial Officer, Serko +64 9 884 5916 investor.relations@serko.com 1. Comparative numbers are for the prior comparative period (H1 FY22) unless otherwise stated. Certain comparative numbers have been reclassified see note 1 of the Financial Statements for details. 2. See notes to this release for definitions of non-GAAP financial measures used through-out this release. End CA:00402827 For:SKO Type:HALFYR Time:2022-11-23 08:30:36