Booking Holdings — Apr 28, 2026 release

Regardless of near-term uncertainty, we remain focused on the factors within our control—furthering our Connected Trip vision, expanding our global reach, and leveraging Generative AI to enhance the value we deliver to travelers and partners.”   Return of Capital to Shareholders Second Quarter Dividend ● Our Board of Directors declared a cash dividend of $0.42 per share, payable on June 30, 2026 to stockholders of record as of the close of business on June 5, 2026. Stock Repurchase Program ● We repurchased $3.6 billion (excluding excise taxes) of stock in the quarter ended March 31, 2026 with a total remaining authorization of $18.2 billion as of March 31, 2026. Stock Split ● On April 2, 2026, the Company effected the 25-for-1 stock split of its common stock. 2 Additional Highlights Margins ● Net income margin of 19.6% (7.0% in Q1 2025) ● Adjusted EBITDA margin of 23.3% (22.9% in Q1 2025) First Quarter 2026 vs. 2025 Top Line Metrics ● Alternative accommodation room nights at Booking.com increased by 5.5% ● CC ADRs increased by about 1%(1) ● Gross bookings increased 15% (approximately 8% on a CC basis) and revenue increased 16% (approximately 10% on a CC basis) Fixed Costs ● Total operating expenses increased 15%, slower than the 16% growth in revenue ● Adjusted fixed operating expenses increased 14%, driven by adverse FX changes and $53 million in one-time benefits in the first quarter of 2025 Marketing Metrics ● Marketing expense as a percentage of gross bookings was 3.8% (3.8% in Q1 2025) ● Over the trailing four quarters, the mix of our total