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1、Confidential-Do not distributeConfidential-Do not distributeQ3 2025 Earnings PresentationOctober 28,20252Disclaimer2Disclosure Regarding Forward-Looking StatementsThis presentation contains forward-looking statements including regarding our outlook.These forward-looking statements reflect the views

2、of Booking Holdings Inc.s(the“Company”or“Booking Holdings”)management regarding current expectations and projections about future events and conditions and are based on currently available information and current foreign currency exchange rates.Forward-looking statements are not guarantees of future

3、 performance and are subject to risks,uncertainties,and assumptions that are difficult to predict such as:adverse changes in market conditions for travel services;the effects of competition;the Companys ability to successfully manage growth and expand its global business;adverse changes in third-par

4、ty relationships;the Companys performance marketing efficiency and the effectiveness of its marketing efforts;the Companys ability to respond to and keep up with rapid technological or other market changes;the development and use of generative AI;the Companys ability to attract and retain qualified

5、personnel;operational and technological infrastructure risks;data privacy and cyberattack risks;IT systems-related failures or security breaches;risks related to exposure to additional tax liabilities and maintaining tax benefits;legal and regulatory risks;risks associated with the facilitation of p

6、ayments;fluctuations in foreign currency exchange rates and other risks associated with doing business in multiple currencies and jurisdictions;risks of increased debt levels and stock price volatility;andsuccess of investments and acquisitions,including integration of acquired businesses.For a deta