Sabre (SABR) AGM 2026 summary

Opening remarks and agenda

• Meeting opened by the chair, with board members and executive team present; agenda and meeting rules distributed.

• Legal requirements and proposals from the proxy statement outlined as the main agenda items.

Board and executive committee updates

• Ten directors nominated for re-election for a one-year term; Wendi Sturgis not standing for re-election.

• Board and committee meetings in 2025 had an average attendance of 99%.

Financial performance review

• Achieved double-digit year-on-year growth in normalized adjusted EBITDA and positive pro forma free cash flow in 2025.

• Paid off over $1 billion in debt, reducing pro forma net leverage by about 25% compared to year-end 2024.

• Ended 2025 with a cash balance of $910 million, including $98 million restricted for early 2026 debt repayments.

• No large debt maturities until 2029 after two successful refinancing rounds in 2025.