Operating Update - Q1 FY27

• Completed room nights up 39% to 1.4 million
• Active customers increased by 35% to 325k
• Average revenue per completed room night down 11% to â¬8.70

Serko Ltd provided an operating update for Q1 FY27, highlighting strong growth in completed room nights (CRNs) and active customers. Completed room nights rose 39% to 1.4 million, driven by higher active customer numbers and booking frequency. Active customers increased by 35% to 325,000. Average revenue per completed room night decreased by 11% to â¬8.70 due to lower average room rates and commission tiering. The impact of the Middle East conflict on Serko's business was minimal, with Middle East CRNs representing less than 3% of total group CRNs. Serko continued to progress its strategic initiatives, including the expansion of the Serko.ai beta and signing two new US corporate clients. The company affirmed its FY27 guidance, with total income expected to be between $128 million and $134 million.

FY27 total income expected to be $128 million to $134 million

Serko remains focused on strategic initiatives and expects to see continued growth despite economic and geopolitical uncertainties.