Global Business Travel Group, Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our Common Stock is listed and traded on the New York Stock Exchange under the stock symbol “GBTG.” Holders As of March 5, 2026, there were approximately 81 holders of record of our Common Stock. This does not include the number of shareholders that hold shares in “street name” through banks or broker-dealers. Dividends We have never declared or paid any cash dividends on our capital stock and we do not anticipate paying any cash dividends in the foreseeable future. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition. The payment of any cash dividends will be within the discretion of our board of directors. Our ability to declare dividends may be limited by the terms of financing or other agreements entered into by us or our subsidiaries from time to time. Issuer Purchases of Equity Securities Below is a summary of Common Stock repurchased by us during the quarter ended December 31, 2025 , presented by month: Period Total Number of Shares Purchased Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs (1) Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs October 1, 2025 – October 31, 2025 2,135,645 $ 7.97 2,135,645 $ 248,754,324 November 1, 2025 – November 30, 2025 1,460,716 $ 7.54 1,460,716 $ 237,696,176 December 1, 2025 – December 31, 2025 1,382,269 $ 7.84 1,382,269 $ 226,889,537 Total 4,978,630 4,978,630 (1) On November 5, 2024, we announced that our Board of Directors authorized our management to repurchase shares of our Common Stock through December 31, 2027 in an amount not to exceed $300 million. On February 17, 2026, we announced that our Board of Directors authorized an increase of this amount to $600 million. The share repurchase program may be suspended, modified or discontinued at any time, and we have no obligation to repurchase any amount of our Common Stock under the program. Performance Graph The following performance graph below shows the cumulative total stockholder return on our Common Stock, compared with the NYSE Composite Index (“NYSE Composite”), the Standard & Poor’s 500 Stock Index (“S&P 500”) and the Standard & Poor’s Software & Services Select Industry Index (“S&P Software & Services Select Industry Index”) (collectively, the “Indices”) from the closing price on May 31, 2022 (the date our Common Stock began trading on NYSE) through December 31, 2025. The results are based on an investment of $100 in our Common Stock and each of the Indices. 53 The graph assumes the reinvestment of dividends and adjusts all closing prices and dividends for stock splits. The performance shown in the graph represents past performance and is not intended to be indicative of future performance. The performance graph shall not be deemed incorporated by reference by any general statement incorporating by reference this Annual Report into any filing under the Securities Act or the Exchange Act, except to the extent that we specifically incorporate this information by reference, and shall not otherwise be deemed filed under the Securities Act or the Exchange Act. Item 6. [Reserved]