Global Business Travel Group, Inc. announced that the employment of Mr. John David Thompson, the Company's EVP, Chief Technology Officer, will terminate on May 31, 2026. Upon Mr. Thompson's departure, his responsibilities will be allocated to other members of the senior leadership team. In connection with Mr. Thompson's departure, the Compensation Committee of the Company's Board of Directors approved on May 6, 2026, and Mr. Thompson and the Company entered into on May 7, 2026, a separation and release agreement that includes a general release of claims. Subject to Mr. Thompson's employment through the Departure Date, his timely re-execution and non-revocation of the Executive Release of Claims following the Departure Date and his ongoing compliance with his existing non-competition, non-solicitation, confidentiality, and related restrictive covenants, Mr. Thompson is eligible to receive severance benefits under the Severance Protection Agreement, dated November 29, 2021, by and between GBT US LLC, a wholly owned subsidiary of the Company, and Mr. Thompson.

Mr. Thompson's outstanding restricted stock units and performance stock units granted under the Company's 2022 Equity Incentive Plan will remain outstanding and be treated as if he remained employed through and terminated effective as of November 30, 2026 (or such later date as may be mutually agreed by the Company and Mr. Thompson), and Mr. Thompson's stock options granted under the Company's 2022 Equity Incentive Plan and Management Incentive Plan will be treated in accordance with the terms of such plans, except that the stock options granted to Mr. Thompson on or prior to December 2, 2021 will remain outstanding and exercisable through the later of (i) the last day of the post-termination exercise period applicable to such stock option in connection with a termination without cause (as set forth in such plans) or (ii) November 30, 2026 (or such later date as may be mutually agreed by the Company and Mr. Thompson), unless earlier settled or forfeited in accordance with their terms.