Travel & Tourism - Presentation by Jochen Engert, Founder & Managing Director of FlixBus at the Axel Springer NOAH Conference Berlin 2016, Tempodrom on the 9th of June 2016.

1. Disrupting Transportation
June 2016

2. 10 - 11 November 22 - 23 June
Save The Date
www.noah-conference.com

3. 1
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Bringing Bus Service & Mobility Services to the 21st Century
Today: FlixBus – The New Mobility ExperienceThe Past
HamburgBremen
BerlinHannoverAmsterdam
Den Haag
Brüssel
Paris
Luxemburg
DortmundEssen
DüsseldorfKöln
Frankfurt
Zürich
Stuttgart
Nürnberg
Dresden
Prag
Wien
Budapest
Rom
Kopenhagen

4. 2
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Our customers love #flixbus @instagram
#travelmoments #happy
#beautifulday
#wanderlust
#thanksforthememories
#happiness #goodtime
#bestfriends #memoriesforever

5. 3
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Cost
Unlocking a New Global Opportunity
Huge market potential
Short-Distance
<50km
Medium Distance
50-400km
Long Distance
>400km

6. 4
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
How FlixBus Works
Customers
250+ Bus Partners
>35 Mio. Happy
customers
>5.000 drivers
1.000 buses

7. 5
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Superior asset-light Business Model for fast scale-up
Operations
+
Technology platform
Network planning
& licensing
Branding &
Marketing
Sales &
Service
Operating partner
>300M€ asset invest
5.000+ drivers

8. 6
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Platform built on Tech and superior Customer Experience
Production inventory
Brand & Customer Experience
Data & Technology
Scheduled Long-
distance Most
convenient
Best price Shared
SocialAd-hoc
Local
Non-stop
Planned
Cross-
border
Business
Entertained
Leisure
Group travel On-demand

9. 7
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
France Italy
Strong Market Position across all major European Markets
Benelux
71%
10%
9%
5%
3%
2%
Germany / DACH
Other
Market Shares by Production Capacity in Driven Km(1)
Note: 1) Estimated market shares for July 2016; Pure airport shuttles not included
Sources: FlixBus network planning data; analysis of competitor timetables
58%19%
13%
9%
58%23%
8%
8%
3%
42%
22%
18%
12%
7%

10. 8
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Unprecedented Growth alongside strong Internationalization
201520142013 2016
100% CAGR
+
+
Revenue development

11. 9
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
Best-in-Class Network and Scale Effects
1,000+
>100,000
Connections
>40Mio
Happy
customers
700+
Destinations
Hamburg
Bremen
BerlinHannoverAmsterdam
Den Haag
Brüssel
Paris
Luxemburg
Dortmund
Essen
Düsseldorf
Köln
Frankfurt
Zürich
Stuttgart
Nürnberg
Dresden
Prag
Wien
Budapest
Rom
Kopenhagen

12. 10
160609-FlixBus Disrupting Transporation-NOAH-final.pptx
What‘s next?
Make the world green!
Dominate the bus market
&

13. Focus on Leading European Internet companies
Covering over 400 companies across 25
online verticals, a broad range of over 500
investors as well as 100+ online-focused
corporates
Deep understanding of industry dynamics
Ability to add value beyond banking advice
Facilitates overall process and minimizes
management distraction
NOAH Advisors is globally well connected
and has direct access to virtually all key
players in the industry
Knowledge of and strong relationships
with potential buyers’ key decision makers
Proactively finds and unlocks attractive
investment opportunities for leading
investors
Annual NOAH Conference in its 8th year
Over 40 years of combined relevant M&A
experience
Routine execution of M&A and financing
transactions with sizes of several billion
euros
22 successfully completed NOAH Advisors
transactions underline successful transfer of
M&A competencies to the Internet sector
Entrepreneurial mind-set, focused on growing the
business and establishing a reputation for
excellence
Ability to deliver top results in short time frames
Highly success-based compensation structures
align interests of clients and NOAH Advisors,
and demonstrate conviction to deliver top results
Creative deal solutions
September 2015
December 2014
September 2014
October 2014
May 2014
February 2013 May 2012
Sale of a 70% stake in
to
Exclusive Financial Advisor to
Drushim and its Shareholders
Sale of 100% of
for $800m to
Exclusive Financial Advisor to
Fotolia and the Selling Shareholders
Sale of 100% of
for €80m to
Exclusive Financial Advisor to
Trovit and its Shareholders
Sale of controlling stake in
to
Exclusive Financial Advisor to
Facile.it and its Shareholders
sold 100% of
for $228m to a joint venture between
Exclusive Financial Advisor to Yad2
and its Shareholders
Growth equity investment from
for a 30% stake alongside Softonic’s Founders
and Angel Investors at a valuation of €275m
Exclusive Financial Advisor to
Softonic and its shareholders
150 million growth equity investment from
for a 50% stake alongside Fotolia’s Founders and
Additional $150 million senior debt financing
Total $300 million investment
Financial Advisor to Fotolia and its Shareholders
Selected Completed
NOAH Transactions
Unique Industry Know-How
Unmatched Network and Relationships
Strong Investment Banking Competence
Full Commitment - We Are Entrepreneurs!
EUROPE’S LEADING INTERNET CORPORATE FINANCE BOUTIQUE
May 2016
Investment in
by
Exclusive Financial Advisor to
10Bis and its Shareholders
®