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Serko FY23 Full Results Announcement Date – 17 May 2023

17/05/2023, 08:49 NZST, FLLYR

17 May 2023 FY23 Full Year Results Announcement AUDITED FINANCIAL RESULTS FOR THE YEAR TO 31 MARCH 2023 Disciplined Execution Driving Strong Growth Serko Limited (NZX & ASX: SKO), a leader in travel and expense management for business, today announces results for the year to 31 March 2023, with total income up 154%, reflecting strong growth and performance. Total income of $48 million was just ahead of the revised FY23 guidance range of $42 million to $47 million. Summary of Financial Results: o Total income $48 million, up 154% o Average revenue per booking $9.56, up 65% o Average revenue per completed room night EUR9.34, up 36% o Online bookings of 4.1 million, up 93% o Completed room nights on Booking.com for Business 1.5 million, up 381% o EBITDAF loss of $21.8 million, a 23% improvement o Net loss after tax of $30.5 million, a 15% improvement o Cash and short-term deposits $87.7 million o Underlying average monthly cash burn $2.7 million o FY24 guidance for total income of $63 million to $70 million All dollar amounts are New Zealand dollars unless otherwise stated. Please find attached the following documents containing additional information: o Market Release o Results Announcement (NZX Appendix 2) o Investor Presentation o Annual Report o ESG Report These documents will also be made available on: www.serko.com/investor-centre/ Full Year Results Call The full year results will be discussed on a conference call at 11.00am (NZT) today. A live webcast of the call can be accessed at the following link: https://event.webcasts.com/starthere.jsp?ei=1599337&tp_key=e978afbb21 To participate in the call dial one of the following numbers 5-10 minutes prior to the call start time. The call confirmation code is 167859. Location Phone Type Phone Number New Zealand Tollfree/Freephone 0800 423 972 New Zealand, Auckland Local +64 (0)9 9133 624 Australia Tollfree/Freephone 1 800 590 693 Australia, Sydney Local +61 (0)2 7250 5438 Hong Kong, Hong Kong Local +852 5803 0798 Singapore Tollfree/Freephone 800 120 7297 United Kingdom Tollfree/Freephone 0800 279 0424 United Kingdom, Local Local +44 (0)330 165 3646 United States/Canada Tollfree/Freephone 800-289-0459 For and on behalf of Serko by Shane Sampson, Chief Financial Officer. ENDS For further information and investor relations queries please contact: Shane Sampson Chief Financial Officer, Serko +64 9 884 5916 investor.relations@serko.com For media relations queries please contact: Coran Lill The Project +64 27 342 3836 coran@theproject.co.nz End CA:00411540 For:SKO Type:FLLYR Time:2023-05-17 08:49:51