Easy Trip Planners Limited — Capital/Financing Update 2021

Oct 28, 2021

Date: October 28, 2021

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To,

To,

BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai - 400001, India

National Stock Exchange of India Limited Exchange Plaza, C-1 Block G Sandra Kurla Complex, Bandra (E) Mumbai - 400051, India

Dear Sir/Ma’am,

Sub: Outcome of the Board Meeting Ref: Symbol: EASEMYTRIP, Scrip Code: 543272 ISIN: INE07O00101

The Board of Directors at their meeting held today i.e., 28[th] October, 2021, has inter-alia, considered and approved the following item:

The Company has entered into a non-binding agreement with the Traviate Online Private Limited (Investee Company) for acquisition of Investee Company, who is a Travel B2B marketplace. The proposed acquisition will provide Easy Trip Planners Limited access to exploring new opportunities in the Travel sector and to achieve the targets and promoting the same industry. This acquisition is subject to finalization of definitive agreements, customary closing conditions and other necessary approvals, as may be required. Upon execution of the definitive agreements, we shall update you along with detailed disclosures required to be submitted pursuant to SEBI Circular CIR/CFD/CMD/4/2015 dated September 09, 2015.

(Brief Profile of the Company is enclosed herewith).

The aforesaid information will also be hosted on the website of the Company at www.easemytrip.com

Thanking you

Yours faithfully,

For EASY TRIP PLANNERS LIMITED

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Priyanka Tiwari Company Secretary and Compliance Officer Membership No: A50412

Easy Trip Planners Limited

Registered Office :Building No 223, Patparganj Industrial Area, Patparganj, New Delhi, Delhi 110092 Phone : +91 - 11 - 43030303, 43131313 E-mail : support@easemytrip.comWeb : www.EaseMyTrip.com| CIN No. L63090DL2008PLC17904 ‘

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IRCTC

Traviate: India’s First B2B Travel Marketplace

www.traivate.com

Founded in 2016, Traviate is India’s First Travel B2B marketplace that allows B2B channelTravel Agents, Hotels, Tour Operators, DMCs and other players in the Travel ecosystem to connect and transact amongst each other. This is facilitated by a strong suite of tech tools powering B2B channel to optimize their daily operations, build a robust supply while offering their customers a better user experience .

Traviate has built a robust and scalable technology listing more than 1.2 million properties and has enabled more than 2 Lakh transactions to date. In 2018, Traviate joined hands with the Travel Agents Federation of India (TAFI) for the launch of TAFIConnect – a platform powered by Traviate’s technology that allowed TAFI membership to connect and transact with each other. This increased the ease of business between the members while allowing them to consume travel content from multiple offline and online suppliers and manage their operations much more efficiently.

Even today, 70% of hotel inventory is sold by the B2B channels where the wave of digital innovation is starting to gain momentum and Traviate’s technology and leadership in the B2B travel marketplace, puts it at the right place to ride that wave.

An Amadeus NEXT recognised start-up, Traviate has been bringing efficiencies and automation for the B2B channel and translating that into cost savings and better profit margins. Some of the salient features of Traviate are:

Core Features

1. Booking Engine – A simple way to search for global content across multiple suppliers – Self suppliers, Marketplace suppliers and Self Contracted Properties.

2. Marketplace – Search and connect with multiple suppliers globally while managing individual credit/deposit management, payments schedule and rate management.

3. Self-Contracting Properties – One of its kind tool allowing agents to easily manage their self-contracted properties.

4. Accounting & Reporting Module - A powerful and flexible system to help B2B channel track their reservations. Payments, invoices while allowing them to trace their P&L down at each trip level.

Technology

Traviate technology is built on a varied tech stack which has been used as per the need on a basis. The system is built on a set of open-source technology with a backend mostly developed on Laravel (PHP) and is using MySQL and Mongo to manage the database while the frontend is powered by a mix of ReactJS and HTML/CSS. A set of different techs is also being used for different purposes like Redis (Caching), RabbitMQ (Queueing).

The servers are based on the cloud (Amazon Web Services) and proper security measures are being deployed from encrypting Personal Identifiable Information (PII), token-based API connectivity, SSL encryption among others.