Munich, 15 March 2024 – According to the agreement, the investor will deploy fresh capital to further invest in FTI GROUP’s digital transformation and take over the outstanding debt. All the stakeholders involved are working collaboratively towards a timely conclusion of the transaction.

In the past financial year 2022/2023, the FTI GROUP recorded an increase in turnover of 10 percent to 4.1 billion Euro and returned to a profit in the double digit million range. For the current financial year 2023/2024, the group expects a further double-digit percentage increase in revenue and earnings compared to the previous year.

_{About FTI GROUP
With its brands, the FTI GROUP is the third largest tour operator in Europe. FTI Touristik, as well as the last minute brand 5vorFlug, the rental car broker Drive FTI, the Destination Management Company Meeting Point International, and the operator for promotional products BigXtra, belong to the FTI GROUP. Part of the company are the hotel brands Labranda Hotels & Resorts, Design Plus Hotels, Kairaba Hotels & Resorts, Club Sei and Lemon & Soul. The consolidator FTI Ticketshop is responsible for scheduled flight ticket sales. Around 10,000 travel agencies sell FTI products throughout Germany. The FTI GROUP has consolidated its German franchise systems in its one-hundred-percent subsidiary Touristik Vertriebsgesellschaft mbH (TVG) with the brands sonnenklar.TV Reisebüro, 5vorFlug Reisebüro and Flugbörse. Other important distribution channels are the travel shopping channel sonnenklar.TV and the British online B2B provider for hotel bookings, Youtravel. In Austria FTI is represented by a subsidiary in Linz, while FTI Touristik AG is located in Basel, Switzerland. The French tour operator FTI Voyages has been part of the FTI GROUP since 2012. With FTI Reizen the group is also active in the Netherlands since 2016. The service center erf24 handles bookings from the FTI GROUP and external customers. Headquartered in Munich, the FTI GROUP achieved sales volumes of 4.1 billion euros in the fiscal year 2022/23. Further information: www.fti-group.com.}