• $14.4 million underlying EBITDA in line with expectations
• Resilience in tough trading environment
• Significant progress on FY30 Strategic Plan

Webjet Group Limited (ASX:WJL) today announces a summary of its preliminary 1H26 results, the effects of a change in accounting policy on historical results, and an update on its FY26 performance expectations. The 1H26 financial statements are targeted to be finalised on 18 November 2025 subject to Board approval and completion of external auditor review. Webjet Group's underlying results for 1H26 were broadly in line with the Company's expectations, demonstrating resilience in a challenging trading environment across the industry and investment for future growth. The Company delivered a strong and unleveraged Balance Sheet and will provide more details on its planned capital management at the results announcement on 19 November 2025. During the period, the travel industry faced difficult macro conditions, including heightened tension in the Middle East, tariff-related trade disruptions, general cost-of-living pressures, and elevated Australian domestic airfares. Webjet OTA was also impacted by an ACCC infringement notice, which resulted in a decline in leads and bookings. Overall, 1H26 unaudited revenue for Webjet Group was $67.9 million (a decline of 1% compared to 1H25), and 1H26 unaudited underlying EBITDA was $14.4 million (a decline of 9% compared to 1H25). Webjet Group has undertaken a comprehensive review of its accounting policies for revenue recognition, resulting in a change in the accounting policy for derecognition of gift card liabilities. This change enhances transparency, comparability and consistency across reporting periods. For FY26, Webjet Group expects Underlying EBITDA to be in the range of $30 million -$32 million, being 9%-14% down on the prior comparable period, due to a persistent soft macro environment and a responsible but moderated investment in its refreshed OTA brand.

Webjet Group expects Underlying EBITDA for FY26 to be in the range of $30 million -$32 million, being 9%-14% down on the prior comparable period.

Webjet Group remains committed to delivering on its FY30 Strategic Plan and specifically to investing in its growth initiatives, but with some moderation to ensure responsible and therefore reduced investment. The company expects to optimise the long-term value of its refreshed OTA brand through consistent and regular campaigns to drive recognition.