StubHub (STUB) investor relations material

Company evolution and market positioning

• Originated in 2000 to provide safe, accessible ticketing, evolving from street sales to a global digital platform.

• Expanded internationally through viagogo and later recombined with StubHub to restore growth and leadership.

• Focused on building a global leader with restored market share, improved margins, and strong cash flow.

• Successfully navigated challenges like COVID-19, with live events rebounding strongly.

• Positioned for the next chapter, emphasizing growth and innovation.

Consumer trends and market resilience

• Shift from goods to experiences drives strong demand for live events.

• Social media and content creators amplify interest in attending events.

• Major events like the World Cup attract new users and boost platform engagement.

• Sports fans show high loyalty, prioritizing event attendance over other expenses.

• The market remains resilient and enthusiastic despite broader economic debates.

Financial performance and guidance

• Raised full-year GMS outlook to 10%-12% growth after strong World Cup performance.

• Maintained EBITDA guidance, noting unique World Cup-related costs impacting margins.

• Expects margin improvement in the second half of the year as event-specific costs subside.

• Focuses on long-term cash flow growth, acknowledging supply schedule volatility.

• Emphasizes annual and multi-year growth patterns over short-term fluctuations.