Global Business Travel Group (GBTG) AGM 2026 summary

Opening remarks and agenda

• CEO welcomed stockholders and called the virtual meeting to order, introducing management and board members present.

• Meeting was convened pursuant to a notice dated April 2, 2026, with all required materials distributed to stockholders of record.

Financial performance review

• Achieved strong financial results in 2025, with TTV up 17% and revenue growth at 12%.

• Adjusted Gross Profit margin reached 60%, Adjusted EBITDA grew 11%, and $104 million in free cash flow was generated.

• New wins value totaled $3.4 billion over the last 12 months, with a 96% customer retention rate since September 2025.

Strategic initiatives and plans

• Acquisition of CWT completed in September 2025, contributing to growth.

• Launched new products, including Compleat with SAP Concur and next-gen Egencia with AI features.

• Announced definitive agreement to be acquired by Long Lake Management for $9.50 per share, valued at $6.3 billion, expected to close in the second half of 2026.