Global Business Travel Group, Inc. (NYSE:GBTG) Q2 2022 Earnings Conference Call August 11, 2022 9:00 AM ET

Corporate Participants

Barry Sievert - Vice President, Investor Relations

Paul Abbott - Chief Executive Officer

Martine Gerow - Chief Financial Officer

Conference Call Participants

Lee Horowitz - Deutsche Bank

Operator

Good morning and welcome to the American Express Global Business Travel Second Quarter 2022 Earnings Conference Call. As a reminder, please note today's call is being recorded. I will now turn the call over to Vice President of Investor Relations, Barry Sievert. Please go ahead, sir.

Barry Sievert

Hello, and good morning, everyone. Thank you for joining us for our second quarter earnings conference call. This morning we issued an earnings release which is available on our website at investors.amexglobalbusinesstravel.com. The slide presentation which accompanies today's prepared remarks is also available on the Amex GBT Investor Relations webpage.

We would like to advise you that our comments contain forward-looking statements that represent our beliefs or expectations about future events, including the duration and effects of COVID-19 industry trends, cost savings and acquisition synergies, among others. All forward-looking statements involve risks and uncertainties that may cause actual results to differ materially from the statements made on today's conference call.

More information on these and other risks and uncertainties is contained in our earnings release issued this morning a registration statement on Form S1 and the related prospectus filed on July 19, 2022 and our other SEC filings. Throughout today's call, we will also be presenting certain non-GAAP financial measures such as EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted operating expenses and free cash flow. All references during today's call such non-GAAP financial measures have been adjusted to exclude certain items, definitions of these terms and the most directly comparable GAAP measures and reconciliations from GAAP – non-GAAP measures are available in the supplemental materials of this presentation and in the earnings release.

Participating with me on the call today are Paul Abbott, our Chief Executive Officer, Martine Gerow, our Chief Financial Officer and also joining us for the Q&A session today is Eric Bach, our Chief Legal Officer and Head of Global M&A.

With that, I'll now turn the call over to Paul. Paul?

Paul Abbott

Well, thank you very much, Barry, and welcome to everyone. Thank you all for joining us today for our first live earnings call as a public company.

I'm going to start my section with the second quarter 2022 highlights. And of course, listing as a public company in the second quarter was a significant milestone for the company and really marked the beginning of the next chapter of growth for American Express GBT.