ESTRAVEL GROUP OF COMPANIES INTERNATIONAL PROFILE 2018

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1 ESTRAVEL GROUP OF COMPANIES INTERNATIONAL PROFILE 2018

2 Corporate Ownership Structure 2018 of Estravel Group of Companies 220 full-time, professional staff 16 travel agency locations In 6 countries and 3 continents IATA accredited in all 6 countries Gross turnover EUR 100+ million Estravel Holding OÜ reg Estonian LLC with 1 owner and 1 director, both Aivo Takis 99% Anne Samlik CEO of Estravel 1% FINLAND 100% Helin Matkatoimisto OY reg# Finnish LLC with 1 owner (Estravel AS) and 1 CEO (Lea Simpanen) and 2 board members LATVIA 100% Estravel AS Branch in Latvia reg# (not a separate legal entity but subject to local reporting and taxes). GM Anta Jokste LITHUANIA Estravel AS reg Estonian PLC/Ltd with 2 shareholders and 2 directors (A. Samlik, A. Takis) and 3 supervisory board members (V. Pindma, J. Darby, A. Kreegipuu) 100% UAB Estravel Vilnius reg# Lithuanian LLC with 1 owner (Estravel AS) and 1 director (Zydre Gaveliene) AUSTRALIA ESTONIA USA Preferred Travel Services LLC reg# USA LLC with 1 owner (Estravel AS) and 1 director (Olja Muursepp) 100% Aero Travel Pty Ltd reg# Australian LLC with 1 owner (Estravel AS) and 2 directors (Aet Madison and Aivo Takis) 100% 100% Estintour OÜ reg# Estonian LLC with 1 owner (Estravel AS) and 2 directors (A. Tcherepkov, T. Golynina)

3 Helin Matkatoimisto - The leading premium travel tailors in Finland since 1984 Office team in Jyväskylä COMPANY NAME Helin Matkatoimisto OY REGISTRATION CODE ESTABLISHED 1984 HQ ADDRESS Snellmaninkatu 15, Helsinki, Finland OFFICE LOCATIONS 2 (HEL, JYV) SHAREHOLDERS Estravel AS (100%) DIRECTOR Ms Lea Simpanen CONSORTIUM OR AFFILIATION Traveller Made IATA CODE PROFESSIONAL MEMBERSHIPS IATA, PATA, IAGTO, Traveller Made MAIN BUSINESS BY PRODUCT Tailored Intl Tours, Premium Cruise, Intl Airfares CUSTOMER SEGMENT SPLIT 90% Retail Leisure, 10% Wholesale Leisure Office team in Helsinki Helsinki Jyväskylä Lea Simpanen Managing Director / CEO (+358) (Helsinki) / (+358) (Jyväskylä) info@helinmatkat.fi

4 Estravel The largest and oldest travel agency in Estonia Corporate sales team in Tallinn COMPANY NAME Estravel AS REGISTRATION CODE (EE) ESTABLISHED 1988 HQ ADDRESS 15 Suur-Karja St, Tallinn 10140, Estonia OFFICE LOCATIONS 9 (6 towns) SHAREHOLDERS Estravel Holding Ltd (99 %) NUMBER OF EMPLOYEES 150 DIRECTORS Ms Anne Samlik (CEO), Mr Aivo Takis CONSORTIUM OR AFFILIATION American Express GBT IATA CODE PROFESSIONAL MEMBERSHIPS IATA, CLIA, ASTA, ETFL, ECCI, ECB, IAGTO MAIN BUSINESS BY PRODUCT Intl Airfares, Intl Hotels, Intl Package Tours, Cruise CUSTOMER SEGMENT SPLIT 50% Corporate, 40% Retail, 10% Wholesale and DMC Travel consultants at work Ms Anne Samlik Managing Director, Member of the Board Mark Aivo Takis Founder, Member of the Board 15 Suur-Karja St, Tallinn 10140, Estonia (+372) estravel@estravel.ee Global management group meeting in Tallinn 2017

5 Estravel offices in Estonia TALLINN, HQ building, Suur-Karja St TALLINN, Suur-Karja St, Customer Service TALLINN, Airport Terminal TALLINN, Stockmann TARTU, Vallikraavi St TARTU, 24/7 Call Centre TARTU, 24/7 Call Centre, office team KURESSAARE, Ferrum Centre PÄRNU, Kuninga St PÄRNU, Kuninga St, office team HAAPSALU, Posti St KÄRDLA, Sadama St

6 Estintour - The Leading Russia & CIS specialists in Estonia since 1994 COMPANY NAME Estintour OÜ REGISTRATION CODE ESTABLISHED 1994 HQ ADDRESS Pärnu mnt. 21, Tallinn 10141, Estonia SHAREHOLDERS Estravel AS (100 %) NUMBER OF EMPLOYEES 6 DIRECTORS Ms Tatjana Golõnina, Mr Aleksander Tšerepkov CONSORTIUM OR AFFILIATION Independent PROFESSIONAL MEMBERSHIPS ETFL, EKTK CUSTOMER SEGMENT SPLIT 50% Private; 50% Business Estintour s street office in Tallinn A well-known destination Aleksander Tsherepkov Director Tatjana Golynina Director 15 Suur-Karja St, Tallinn 10140, Estonia (+372) estravel@estravel.ee

7 Estravel office in Riga Estravel Latvia - Top ranking corporate travel service in Latvia since 1996 COMPANY NAME Estravel AS Branch in Latvia REGISTRATION CODE ESTABLISHED 1996 HQ ADDRESS Elizabetes street 63, Riga, LV-1050, Latvia SHAREHOLDERS Estravel AS (100 %) NUMBER OF EMPLOYEES 20 DIRECTOR Ms Anta Jokste CONSORTIUM OR AFFILIATION American Express IATA CODE PROFESSIONAL MEMBERSHIPS IATA, ASTA, ALTA, ECTAA Anta Jokste CEO Elizabetes street 63, Riga, LV-1050, Latvia (+371) info@estravel.lv Riga office team at the Balttour Trade Show 2018

8 Estravel office in Vilnius Estravel Vilnius The leading corporate travel agency in Lithuania COMPANY NAME Estravel Vilnius UAB REGISTRATION CODE ESTABLISHED 1997 HQ ADDRESS Konstitucijos pr. 26, (Forum Palace), LT Vilnius, Lithuania SHAREHOLDERS Estravel AS (100 %) NUMBER OF EMPLOYEES 38 DIRECTOR Ms Zydre Gaveliene CONSORTIUM OR AFFILIATION American Express GBT IATA CODE PROFESSIONAL MEMBERSHIPS IATA, ASTA, NTVA, LVRA, FLCC, AmCham, ECCL, Swedish Chamber of Commerce in Lithuania MAIN BUSINESS BY PRODUCT Intl Airfares, Intl Hotels, Tailored Intl Tours CUSTOMER SEGMENT SPLIT 90% Corporate, 10 % Retail Vilnius corporate service team Zydre Gaveliene CEO Konstitucijos pr. 26, (Forum Palace), LT Vilnius, Lithuania Busy office staff at Estravel Vilnius (2018) (+370) info@estravel.lt

9 Preferred Travel Services - Awarded Best New Agency 2018 by TLN*. USA Office team in Phoenix * Travel Leaders Network, the largest travel consortium in the US COMPANY NAME Preferred Travel Services LLC REGISTRATION CODE (AZ) ESTABLISHED 2016 HQ ADDRESS 2141 E. Camelback Rd. Ste. 240, Phoenix, Arizona SHAREHOLDERS Estravel AS (100%) DIRECTOR Ms Olja Muursepp CONSORTIUM OR AFFILIATION Travel Leaders Network PROFESSIONAL MEMBERSHIPS IATA/ARC TLN CLIA ASTA MAIN BUSINESS BY PRODUCT Premium Cruise; Tailored Intl Tours; Intl Airfares CUSTOMER SEGMENT SPLIT 90% retail leisure; 10% wholesale leisure Busy office in Biltmore Olja Müürsepp CEO (602) info@preferred travelservices.com

10 Aerotravel - The Fastest growing Magellan* member agency in Australia in 2013 *Magellan Travel Group (part of Helloworld Consortium since 2018) Aerotravel s street office in Sydney COMPANY NAME Aero Travel Pty Ltd REGISTRATION CODE ESTABLISHED 2012 HQ ADDRESS Campbell St, Surry Hills, NSW, 2010, Australia SHAREHOLDERS Estravel AS (100%) DIRECTORS Ms Aet Madison, Mr Aivo Takis CONSORTIUM OR AFFILIATION Magellan Travel Group, Signature Travel Network IATA CODE PROFESSIONAL MEMBERSHIPS IATA, CLIA, AFTA, ATAS, EACCI MAIN BUSINESS BY PRODUCT Intl Airfares, Cruise, Hotel CUSTOMER SEGMENT SPLIT 65% Retail Leisure, 20% Wholesale Leisure, 15% Small Business Aet Madison CEO (toll-free in Australia) / info@aerotravel.com.au aerotravel.com.au

11 Estravel Group s Sales Volume Growth over past 15 years 105 million EUR (est.) Some of the Professional Affiliations of Our Group Members: million EUR Estravel Global Sales by Product Type Estravel Global Sales by Customer Type 11% 8% 8% Hotel bookings 22% Airline tickets 51% Private persons 31 5 Public sector 29 Business companies 35 Airline tickets 51% Hotel bookings 22% Tour Operators 11% Cruise Lines 8% Other Services 8% Business companies 35 Public sector 29 Private persons 31 Trade resellers 5

12 ESTONIA LATVIA FINLAND ESTRAVEL AS (+372) Estintour (+372) SKY24.EE (0,49 /min) ESTRAVEL LATVIA (+371) SKY24.LV (0,52 /min) Baltcoming (+371) info@baltcoming.com Helin Matkatoimisto OY (+358) (Helsinki) (+358) (Jyväskylä) info@helinmatkat.fi USA Preferred Travel Services LLC Phoenix AZ (602) info@preferredtravelservices.com CruiseCentre (+372) kruiis@kruiis.ee Baltcoming (+371) info@baltcoming.com Laevapiletid.ee (+372) laevapiletid@estravel.ee LITHUANIA ESTRAVEL VILNIUS UAB (+370) sales@estravel.lt Baltcoming (+370) info@baltcoming.com AUSTRALIA Aero Travel Pty Ltd Sydney NSW /7 service phone (valid within Australia) info@aerotravel.com.au ESTRAVEL GROUP OF COMPANIES INTERNATIONAL PROFILE 2018

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