HLO Franchisee Member Share Loyalty Program

• Issuing 2.5 million shares to agents under latest franchisee share loyalty program
• Shares valued at over $4.5 million to be allocated by end of October 2024
• Shares to be issued to members of Branded, Associate and Alatus networks in Australia and New Zealand

Helloworld Travel Limited (HLO) today announced that it was issuing 2.5 million shares to its agents under its latest franchisee share loyalty program. The shares, which have a total value of over $4.5 million, will be allocated by the end of October 2024 to members of the Branded and Associate networks in Australia and New Zealand, together with members of the Alatus network in Australia. Members will receive shares in return for their continued commitment to the brands. HLO Chief Executive Officer and Managing Director, Andrew Burnes, AO, said he was delighted with the most recent re-sign process which saw over 320 agents re-sign for terms between 3 and 5 years with the business and he thanked members for their continued commitment. Burnes also noted that airfares are returning to normal levels, driving increased demand and ticket volumes, and that sales of preferred non-air products are also up significantly as customers look to upgrade their travel experiences.

The company noted that airfares are returning to normal levels, driving increased demand and ticket volumes, and that sales of preferred non-air products are also up significantly as customers look to upgrade their travel experiences.