Global Business Travel completes warrant exchange; 94.6% of public warrants tendered, all warrants eliminated by Oct 27

Global Business Travel Group, Inc.

94.60% of Public Warrants (25.8M) and 100% of Private Warrants (12.2M) tendered, approving the Warrant Amendment.
Issued 10,444,363 Class A shares for tendered warrants at 0.275 shares per warrant.
Remaining untendered warrants to be exchanged at 0.2475 shares per warrant on Oct 27, 2022, eliminating all warrants.
BofA Securities served as Dealer Manager; D.F. King as Information Agent.

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