GBTG enters amended shareholders agreement; QIA replaces Juweel as party

Global Business Travel Group, Inc.

Amended shareholders agreement removes Juweel and adds QH Travel L.P. (QIA) with board nomination and approval rights.
Board to have 11 directors: CEO, 2 Amex nominees, 2 QIA nominees, 1 Expedia nominee, 1 sponsor nominee, 4-5 independents.
Approval rights for Amex, Expedia, QIA on redemptions, dividends, share exchanges, and certain JerseyCo amendments.
Thresholds: right to nominate falls to 1 director below 15% ownership, ends below 5% (except Amex if controlled entity).
Letter agreement binds Juweel's other equityholders to restrictive covenants from the original shareholders agreement.

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