March 2018

Corporate Presentation as of 2017

This presentation includes forward-looking statements. We have based these forward-looking statements largely on our current beliefs, expectations and projections about future

events and financial trends affecting our business and our market. Many important factors could cause our actual results to differ substantially from those anticipated in our forward-

looking statements, including: political, social and macroeconomic conditions in Latin America; currency exchange rates and inflation; current competition and the emergence of new

market participants in our industry; government regulation; our expectations regarding the continued growth of internet usage and e-commerce in Latin America; failure to maintain

and enhance our brand recognition; our ability to maintain and expand our supplier relationships; our reliance on technology; the growth in the usage of mobile devices and our ability

to successfully monetize this usage; our ability to attract, train and retain executives and other qualified employees; and our ability to successfully implement our growth strategies.

We operate in a competitive and rapidly changing environment. New risks and uncertainties emerge from time to time, and it is not possible for us to predict all risks and uncertainties

that could have an impact on the forward-looking statements contained in this presentation. The words “believe,” “may,” “should,” “aim,” “estimate,” “continue,” “anticipate,” “intend,”

“will,” “expect” and similar words are intended to identify forward-looking statements. Forward-looking statements include information concerning our possible or assumed future

results of operations, business strategies, capital expenditures, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future

regulation and the effects of competition. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or to revise any

forward-looking statements after the date of this presentation because of new information, future events or other factors, except as required by law. In light of the risks and

uncertainties described above, the future events and circumstances discussed in this presentation might not occur or come into existence and forward-looking statements are thus not

guarantees of future performance. Considering these limitations, you should not make any investment decision in reliance on forward-looking statements contained in this

presentation.

This presentation includes industry, market and competitive position data and forecasts that we have derived from independent consultant reports, publicly available information,

industry publications, official government information, other third-party sources and our internal data and estimates. Independent consultant reports, industry publications and other

published sources generally indicate that the information contained therein was obtained from sources believed to be reliable. The inclusion of market estimations in this presentation

is based upon information obtained from third-party sources and our understanding of industry conditions. Although we believe that this information is reliable, the information has not

been independently verified by us. Trademarks and service marks appearing in this presentation are the property of their respective holders. This presentation includes data from

Euromonitor. Information sourced to Euromonitor is from independent market research carried out by Euromonitor International Limited as part of its annual Passport research.

Euromonitor makes no warranties about the fitness of this intelligence for investment decisions.

This presentation is strictly confidential, is for informational purposes only and may not be relied upon in connection with the purchase or sale of any security. You may not disclose

any of the information contained herein to any other parties without the company’s prior express written permission. This presentation is made pursuant to Section 5(d) of the

Securities Act of 1933, as amended, and is intended solely for investors that are either qualified institutional buyers or institutions that are accredited investors (as such terms are

defined under Securities and Exchange Commission (“SEC”) rules) solely for the purpose of determining whether such investors might have an interest in a securities offering

contemplated by Despegar.com, Corp. Any such offering of securities will only be made by means of a registration statement (including a prospectus) filed with the SEC, after such

registration statement is declared effective. No such registration statement has been declared effective as of the date of this presentation. This presentation shall not constitute an

offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would

be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

2

Disclaimer

Leading OTA in Latin America…

Pan-regional OTA operating across 20 markets with leading brand awareness in key markets, including Brazil and Argentina(1)

18 years operating history

Deep expertise and ability to address market specific needs in a growing $30Bn market(2) opportunity

Comprehensive product offering including air, packages, hotels and other travel products to a large customer base

Best in class mobile offering

Served over 4.6 million customers during 2017, up 15% YoY

3

$524 MillionRevenue

$4.5 BillionGross Bookings(3)

High Growth

27%Revenue

34%Gross Profit

2016 to 2017(5)

2017(4)

Revenue Diversification

54%

46%

Air Packages,

Hotels and

Other

Travel

Products

2017 Revenue

41%

34%

25%

2017 Transactions(6)

Other

Brazil Argentina

Significant Scale

84% Adj. EBITDA

Notes

(1) Based on search engine trend data that is based on the relative number of searches of brand related keywords in Google as of December 31, 2017

(2) $30Bn estimated online travel market as of 2016 based on airlines, lodging, attractions and car rentals data from Euromonitor

(3) Gross bookings is the aggregate purchase price of all travel products booked by Despegar customers through its platform during a given period

(4) As of last twelve months ended December 31, 2017

(5) % change from December 31, 2016 audited consolidated financial statements to December 31, 2017 audited consolidated financial statements

(6) Number of transactions is the total number of customer orders completed on our platform in a given period

…with a Track Record of Continued Growth in New Markets

and Products

4

Start-Up Successfully Established and Grew Our Strategic Platform Path to Further Growth

Launched travel affiliates

program and travel

insurance product

2015

10 million downloads of

our mobile app

Reached ~50% mobile

traffic

Deepened strategic

partnership with Expedia,

including its equity

investment in our

company

2016

2007

Expanded to

Peru

2014

2012

Launched packages,

rental cars and cruise

products

2013

Launched destination

services and

vacation rentals offering

2009

Expanded to Bolivia, Costa Rica, Dominican

Republic, Ecuador, Guatemala, Nicaragua,

Panama, Paraguay and Puerto Rico

Launched Hotels product

Launched mobile app

1999

2000

2001

Launched site in Argentina

Expanded to Brazil,

Chile, Colombia,

Mexico, and Uruguay

Expanded to United States and Venezuela

Reached 1 million

downloads of the mobile app

2.7 MM 4.6 MM71% Growth in

Customers

2012 2017

2017

Launched bus

business and local

concierge product as

part of destination

services

Why Despegar

Virtuous Cycle Underpinned by Scale, Brand and Effective Marketing

Strong Financial Position with Significant Growth Potential

Experienced Management Team

Significant Market Opportunity Driven by Multiple Secular Trends

Leading & Comprehensive Travel Offering, with Numerous Payment Methods

Leading Mobile Offering & Powerful Data Analytics

1

2

3

4

5

6

5

Operating at Significant Scale in a Rapidly Growing

Online Travel Market…

6

USD Bn

Notes

(1) Online travel market from Euromonitor including airlines, lodging, attractions and car rentals. Air segment includes all Latin American countries and outbound globally; US$ ticket values includes round trip for intra-country, single trip for intra-region and single trip for outbound

trips; Online Air includes direct and intermediaries sales; Offline Air covers all transactions that are not booked or paid over the internet

(2) Despegar market share in terms of online travel market in Latin America by gross bookings

$3.3Bn

Bookings

$30Bn

Online Travel

Market

$98Bn(1)

Total Travel Market

$48Bn

Estimated

Online Travel Market

$131Bn(1)

Estimated

Total Travel Market

Market Share(2): ~11%

Despegar

Online Travel Market

$30Bn

50%

48%

Airlines

Lodging

Attractions &

Car Rentals 2%

2020E2016

Source: Euromonitor

Latin America Travel Market Size

1

…That is Highly Underpenetrated

(% Online Penetration)

Source: Euromonitor

2016 Online Travel Penetration by Region

$3.3Bn

Bookings

Despegar

30%

36%

49%

52%

LatinAmerica

Asia US WesternEurope

1

7

Supplier Fragmentation Underpins Revenue Resiliency…

And Hotel Segment in Terms of Market Share

United StatesLatin America

(% of hotels gross bookings as of 2015)

All Other

32%

All Other

85%

Top 10

Hotel

Chains

15%

Latin America Airline Market is Highly Fragmented

United States

All Other

60%

Top 4

Airlines

40%All Other

48%

Top 10

Hotel

Chains

52%

(% of air gross bookings as of 2015)(1)

All Other

32%Top 4

Airlines

68%

Major hotel chains in Latin America account for only 46% of

total capacity compared to 72% in the United States

Growing number of smaller airlines, including low-cost airlines, are driving

this fragmentation

All Other

85%

Top 4

Airlines

68%

All Other

32%

Top 10 Hotel

Chains 15%

All Other

48%

Top 4

Airlines

40%

All Other

60%

Top 10

Hotel

Chains

52%

Latin America

Source: Euromonitor, CAPA Center for Aviation, Skift and SiteMinder

Note (1) Includes international and domestic flights.

1

8

… while Attractive Consumer & Economic Trends Support

Online Travel Growth

35%

74% 71%

52%

82% 81%

50%

66%

AsiaPacific

Latin America WesternEurope

North America

Notes

(1) Retail value (RSVP) including sales tax, at fixed 2016 exchange rates

(2) Percentage of total population using internet

(3) Millions of credit card transactions CAGR calculated for 2015-2020E period

Source: Euromonitor

Strong Regional Economic Rebound And Increasing Credit Card Use as a Means of Payment

Real GDP CAGR (%)

2012 – 2016 2017E – 2021E

2017E – 2021E

Secular Ecommerce Growth Driven by Increasing Internet Penetration

Internet User Penetration (%)(2)Internet Retail Market Size CAGR (%)(1)

2015 2020E

10%

14% 14%

20%

Western

Europe

North

America

Asia

Pacific

Latin

America

+2.9x

+1.3x

3.5%

6.3%

9.6%

Argentina Brazil U.S.

2015 – 2020E

Credit Card Transactions CAGR (%)(3)

1

9

1.8%2.1%

0.9%

5.6%

1.7% 1.9%2.6%

5.3%

WesternEurope

US Latin America Asia Pacific

Local Knowledge and Industry Leadership Provide

Unique Competitive Advantages

Complexities of Latin America Market Present Significant Barriers to Entry

Over 20 Different Tax Regimes Across Despegar’s Markets

Political & Regulatory Intricacies

Different Languages, Local Customs and Travel Preferences

Transitioning from Cash to Electronic Payments and

Installments

Proven Experience in Managing Currency Volatility

Highly Fragmented Market

10

2

Leveraging Air Purchases to Drive Packages, Hotels

& Other Products

Air Products

Packages, Hotels &

Other Products

Significant Cross Sell Opportunity

Differentiated Platform Connecting Customers with Suppliers

Drive Margin & Profitability

Generated 54% of Revenue in 2017

11

2

Notes

(1) Refers to customers repeat customers who had previously purchased other travel products through Despegar’s platform as of September 30th 2017

(2) Inventory figures as of end of December 2017

Flexible Payment Solutions Enhance Market Appeal…

Note

(1) In Brazil, we generally receive payment from the installment financing bank only after each scheduled payment due date from the customer (whether or not the makes the scheduled payments to the bank)

• ~54% of Despegar Transactions in 1H17

were in installments

• Installments Paid Upfront to Despegar in

Most Markets(1)

• No Collection Risk for Despegar

Despegar

Primarily Merchant of Record Rather Than Agent1

Overlapping Customer Base with Banks2

Brand / Scale Attract Partnerships3

Dynamic Marketing Campaigns4

Increase Customers’ Purchase Capacity5

Key Characteristics

2

12

… and Customer Experience2

13

Pay with 1 or 2 credit cards

Installments with no interest

Pay at destination

Limited time offer

More bank options

Broader and Differentiated Competitive Position2

14

Global OTAs

Local Offline Travel

Agencies

Smaller Online Travel

Agencies

Pan RegionalBrand

and Scale(1)

InstallmentPayment Options

Multi-Product Offering

Air + HotelInsurance + Cars

+ Dest. Serv.

Latin American Customer Focused

(Argentina)

Pre-Set Packages(Chile)

(Colombia)

(Mexico)

(Brazil)

Note

(1) Based on presence across Latin America (Argentina, Brazil, Mexico, Chile, Colombia) measured by branded search recognition for December 31th 2017 from Google’s Share of Voice report (Google’s Trend data)

Vacation Rentals

Virtuous Cycle Based on Increasing Scale and Brand

Recognition 3

15

Strong Brand Recognition and Awareness3

US$1Bn+ Invested Since

our Founding(1)

Notes

(1) Marketing investments include marketing personnel as of December 31st 2017

(2) Includes traffic on desktop website, mobile desktop and mobile App

(3) As of September 30, 2017

Strong Brand Awareness Drives Direct Traffic to Platform

% Traffic Source by Channel as of 1H17(2)

Direct

~52%

Indirect

~48%

1999 2017

Cumulative Marketing Investment

Over 9MM user generated

reviews(3)

16

Marketing Dollars Focused on Driving Profitable Growth…

…Drives Growth Proven Marketing Investment Strategy…

(US$MM)

Dynamic Budget Allocation

Performance Optimization Tailored to our

Business Needs and Markets

Custom Attribution Model

Maximize Growth at ROI target

“Always On” Strategy

Cross-Device Insights and Custom Attribution

Model and Bidding Tools

3

$422$411

$524

40%

30%

32%

20%

25%

30%

35%

40%

45%

50%

55%

60%

65%

100

150

200

250

300

350

400

450

500

550

600

FY15 FY16 FY17

Revenue Sales & Marketing % of Revenue

17

…And Supporting Our High Brand Recognition3

Argentina

Brazil Chile

Colombia

Mexico Latin America

1st

1st

Branded Search Recognition by Country for 2017

Global Player Local Player

Source: Google’s Share of Voice report based on Google’s Trend data as of December 31th 2017. Graph shows the relative number of searches of the Brand related keywords.

22%

15%11%

9% 8% 7%

Tiquetes Decameron Trivago Booking Atrapalo

33%

16%11% 9% 7% 5%

Booking.com Trivago Almundo AirBnB Tripadvisor

28%

18%

14%11%

7%4%

CVC Booking Trivago AirBnB Hotel Urbano

31%

15%12%

9% 7% 6%

Booking Falabella Trivago AirBnB Cocha

27%

13% 12%10%

8%4%

Booking Trivago CVC AirBnb Tripadvisor

20%16% 14%

11% 9% 7%

Trivago Bestday AirBnB Expedia Booking

18

Scalable Technology Platform Built for Continuous

Innovation~$189MM(3) Invested in Technology and Product Development Over the Last 3 Years

Notes

(1) From company data, in a period of approximately three months (March 20, 2017 to June 12, 2017) during the 1H 2017

(2) As of June 30, 2017

(3) Includes investments in Technology and Product Development during the year ended December 31, 2015 and 2016 and nine months ended September 30, 2017

4

19

Sophisticated Data Collection and Analytics…

Tracking search history

Geolocation

Personalized landing pages

Self-Managed

Post Sale Experience

Personalization

And Cross-Selling Robust User

Centric Team

Tracking

Performance

Metrics

…To Better Understand Local Customers And Travel Preferences

Supported by 800

Developers & Technology

Professionals

Rapid Product

Development(One update approximately

every 3 minutes)(1)

Enhanced Fraud

Prevention

Mechanisms

Award Winning

Mobile Platform

Our Mobile First Approach4

20

Source: Internal data

Notes

(1) Despegar believes its iOS App Store and Google Play apps are the most downloaded OTA apps in Latin America for the period from 2012 to 2017

(2) Downloads based on internal data, and as of December 31, 2017. Star ratings as of March 19, 2018

(3) Includes reviews for both Despegar and Decolar apps on iOS App Store and Google Play as of March 19, 2018

38+ MillionCumulative App Downloads(2)

4.6 Stars Rating on Apple App Store

Based on 27.9k reviews(3)

Most Downloaded OTA App in the Region(1)

Apple App Store Google Play App Store

4.5 Stars Rating on Google Play

Based on 300k reviews(3)

Mobile Transactions up +53% 2016 to 2017

Share of mobile transactions

+510bps YoY to 29%2016 to 2017

Differentiated Pricing to Incentivize Specific Customer

Behavior

No Discount Special Discount for Being

Logged In as a User

Special Discount for Having

Booked a Flight Recently

Exclusive In-App

Special Discount

4

21

41%

13%6%

20%

20%

Experienced Management Team and Blue Chip Investors

Focused on Long Term Success5

Damián Scokin Chief Executive Officer

Mike Doyle Chief Financial Officer

Gonzalo Estebarena Commercial Director

Sebastián Mackinnon Head of Air

Martín Molinari

Head of Packages,

Hotels

and Other Travel

Products

Andres Patetta Chief Marketing Officer

Leandro MalandriniHead of Product Mgmt.

& UX

Alejandro Stein Head of Operations

BackgroundTitleExecutive BackgroundTitleExecutiveOwnership Structure*

22

* Includes vested and unvested employees options of 3.8

million @ $26 per share plus ~0.2 million of vested restricted

shares

Financial Highlights6

1. Operating at Significant Scale in a Rapidly

Growing, Multi-Billion Dollar Market

2. Accelerating Revenue Growth Driven by

Packages and Hotel Segments

3. Strong Transaction Growth Driven by High

Repeat Customer Purchase Activity

4. Operating Leverage Driving Increased

Margins

5. Favorable Working Capital Dynamics

23

Strong Business Momentum in 2017 with Strategic Initiatives

Driving Higher Margin Packages, Hotels and OTPs…

Total Transactions by Segment

In millions

Gross Bookings

In US$ Bn

3.6 3.3

4.5

'-

0.6

1.1

1.7

2.2

2.8

3.3

3.9

4.4

5.0

2015 2016 2017

6

4.4 4.35.3

3.33.0

3.8

7.77.2

9.1

'-

1.3

2.5

3.8

5.0

6.3

7.5

8.8

10.0

2015 2016 2017

24

Packages, Hotel & OTPs Air

52% 50% 46%

48% 50% 54%

0

0.25

0.5

0.75

1

1.25

2015 2016 2017

Air Packages, Hotels & OTPs

… Supporting Revenue Growth and an Increasingly

Diversified Mix…

Total Revenue

In US$ millions

421.7 411.2

524.0

'-

65.0

130.0

195.0

260.0

325.0

390.0

455.0

520.0

585.0

2015 2016 2017

Revenue Mix

% of total revenue

60.8 69.3 75.0

2015 2016 2017

Revenue per Transaction

In US$

50.148.4

45.6

2015 2016 2017

6

25

… along with Robust Adjusted EBITDA Expansion

Adjusted EBITDA and Adjusted EBITDA margin (%)

In US$ millions and % of revenues

-39.1

48.6

89.4

2015 2016 2017

11.8%-9.3% 17.1%Adjusted EBITDA Margin

6

26

Increase in Cash and Cash Equivalents

In US$ millions

-55

12

39

4

-19

10 9 15

254

1Q16 1Q17 2Q16 2Q17 3Q16 3Q17 4Q16 4Q17

Cash Excluding IPO Proceeds IPO Proceeds

Solid Balance Sheet and Strong Cash Flow Generation

Cash Flow Cycle In the Pre-Pay / Merchant Business Model

Installments are only offered in transactions sold with the Pre-Pay /

Merchant Model and represent ~55% of total transactions(2)

Average Time

to Check-in

Booking by

Customers

Despegar

Pays Supplier

Despegar Receives

Cash from Customer

Payments

21 3 4

Typically less than one month(3)

Brazil w/

Installments

All

Other

Scheduled payment due date from the customer

Cash Positive (+)

Notes

(1) Cash flows timeline for illustrative purposes only. Various factors could cause actual payment timing to differ from those in the

example timeline, including supplier practices, payment method and factoring arrangements

(2) Approximately 54% of our transactions in 1H2017 were paid by installment

(3) In all markets except Brazil, we typically receive payment in less than one month after booking

6

27

2. Key to Compete in the Region

1. Commonly Used in Latin America

3. Not Widely Offered by Global OTAs

Broadens Customer Base

Key Themes of Installments in Despegar’s Market

Brazil Latin America

(Ex: Brazil)

Enhances Pricing Power

Protection Against Inflation and FX Depreciation

Additional Source of Financing

Customers

Implications Credit Risk

Assumed by

Despegar

None

Typical Timing

of Payment

Received by

Despegar

UpfrontOver

Time(1)

1. In some cases, Despegar elects to factor or discount Brazilian installment

receivables, allowing the company to receive payments more quickly

Rationale for Offering Installment Plans6

Rationale for Offering Installment Plans6

Sources of Revenue

Supplier Commissions: Commissions earned from intermediating services,

including facilitating reservations of flight tickets, hotel accommodations, car

rentals and other travel-related products and services

Customer Fees: Service fees charged to customers for processing air tickets,

hotel accommodations, car rentals and other travel-related products and

services

Up-front & Back-end Incentives: Override commissions or incentives from

suppliers and GDS providers if the Company meets certain volume thresholds

Other Revenue: Advertising revenue from the sale of advertising placements on

the Company’s websites

Cost of Revenue Items

Variable

Credit Card Processing Fees

Fees Paid to Banks for Installment Plans

Fraud and Credit Card Chargebacks

Fixed

Fulfillment Costs

Revenue Recognition

1

2

3

4

Pre-pay/Merchant Business Model: Payments are recorded as Travel Supplier

Payables until invoiced and revenue is recognized at the time of the booking or

at the time of check-out for non-refundable and refundable transactions,

respectively

Pay-at-Destination/Agency Business Model: Revenue is recorded on a net and

accrual basis when the travel occurs

Incentives: Recognized when confirmed or invoiced by the supplier

Advertising: Recorded ratably over the advertising period

A B

Operating Model

2015 2016 2017

Revenue as % of Gross Bookings 11.7% 12.6% 11.8%

Gross Profit 63.4% 69.2% 72.8%

Selling & Marketing 40.3% 29.5% 31.7%

Technology & Product

Development17.4% 15.4% 13.6%

General & Administrative 18.5% 15.7% 13.9%

Adjusted EBITDA(2) -9.3% 11.8% 17.1%

Notes

(1) As a percentage of revenue unless otherwise stated

(2) Adjusted EBITDA removes the effects of Depreciation, Amortization and Share Based Compensation expense; refer to last page for EBITDA reconciliation

(3) Based on unaudited consolidated financial statements for the twelve months ended December 31, 2017

6

30

Strategic Priorities Driving Growth and Leadership

REPEAT PURCHASE RATE

ADDRESS NEW CUSTOMERS

CAPTURE HIGH SHARE OF

WALLET

INCREASE & OPTIMIZE

INVENTORY

EXPAND MARGINS

BROADEN PLATFORM &

MARKET SHARE GAIN

IMPROVE CUSTOMER

EXPERIENCE

INCREASE CONSUMER

ENGAGEMENT

EXPAND REACH

IN THE REGION

ENHANCE PRODUCT

OFFERING & CROSS-SELL

DEEPEN RELATINOSHIPS

WITH SUPPLIERS

FURTHER INVESTMENT

IN MOBILE PRODUCTS

INVEST IN IT & DATA TO DRIVE

OPERATIONAL EFFICIENCY

PURSUE STRATEGIC

ACQUISITIONS

31

Appendix

Key Financial & Operating Trended Metrics (in thousands U.S. dollars, unless otherwise stated)

33

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17

FINANCIAL RESULTS

Revenue $95,115 $98,797 $106,088 $111,162 $124,999 $123,462 $131,468 $144,011

Cost of revenue 33,494 33,752 26,150 33,279 31,140 35,087 37,869 38,383

Gross profit 61,621 65,045 79,938 77,883 93,859 88,375 93,599 105,628

Operating expenses

Selling and marketing 28,577 29,133 31,374 32,382 35,546 43,289 41,097 46,356

General and administrative 15,186 13,960 13,576 21,961 18,869 18,618 15,318 19,821

Technology and product development 15,561 15,942 15,718 16,030 15,408 17,644 18,907 19,349

Total operating expenses 59,324 59,035 60,668 70,373 69,823 79,551 75,322 85,526

Operating income 2,297 6,010 19,270 7,510 24,036 8,824 18,277 20,102

Net financial income (expense) (386) (3,653) (850) (1,863) (6,156) (1,611) (2,880) (6,232)

Net income before income taxes 1,911 2,357 18,420 5,647 17,880 7,213 15,397 13,870

Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190 1,512

Net income /(loss) (735) 179 14,353 4,000 15,394 3,407 11,207 12,358

Net income/ (loss) ($735) $179 $14,353 $4,000 $15,394 $3,407 $11,207 $12,358

Add (deduct):

Financial expense, net 386 3,653 850 1,863 6,156 1,611 2,880 6,232

Income tax expense 2,646 2,178 4,067 1,647 2,486 3,806 4,190 1,512

Depreciation expense 1,265 1,263 1,450 1,111 1,343 1,362 1,337 1,033

Amortization of intangible assets 1,728 1,918 2,060 2,129 1,517 2,039 2,454 2,741

Share-based compensation expense 50 50 50 424 1,176 930 959 1,224

Adjusted EBITDA $5,340 $9,241 $22,830 $11,174 $28,072 $13,155 $23,027 $25,100

Net Increase (Decrease) in Cash & Cash

Equivalents($55,203) $38,656 ($18,707) $9,106 $12,314 $3,825 $263,911 $14,995

Key Financial & Operating Trended Metrics (cont.)(in thousands U.S. dollars, unless otherwise stated)

34

1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17

KEY METRICS

Operational

Gross bookings $661,577 $755,413 $844,782 $998,462 $1,019,102 $1,061,026 $1,116,022 $1,258,398

- YoY growth (19%) (13%) (10%) 3% 54% 40% 32% 26%

Number of transactions 1,632 1,706 1,839 2,035 2,129 2,210 2,298 2,419

- YoY growth (6%) (8%) (9%) (3%) 30% 30% 25% 19%

Air 928 1,008 1,089 1,225 1,246 1,324 1,328 1,386

- YoY growth (0%) (4%) (4%) (3%) 34% 31% 22% 13%

Packages, Hotels & Other Travel Products 704 698 750 810 883 886 970 1,033

- YoY growth (13%) (12%) (16%) (2%) 25% 27% 29% 28%

Revenue per transaction $58.3 $57.9 $57.7 $54.6 $58.7 $55.9 $57.2 $59.5

- YoY growth 5% 4% 8% 0% 1% (4%) (1%) 9%

Air $44.8 $50.2 $50.1 $48.1 $44.7 $46.0 $44.1 $47.5

- YoY growth (11%) (4%) 4% (4%) (0%) (8%) (12%) (1%)

Packages, Hotels & Other Travel Products $76.1 $69.1 $68.6 $64.4 $78.4 $70.6 $75.2 $75.7

- YoY growth 23% 16% 13% 5% 3% 2% 10% 17%

ASPs $405 $443 $459 $491 $479 $480 $486 $520

- YoY growth (13%) (6%) (1%) 6% 18% 8% 6% 6%

Unaudited Consolidated Balance Sheets (in thousands U.S. dollars)

35

As of December 31, 2017 As of December 31, 2016

ASSETS

Current assets

Cash and cash equivalents $371,013 $75,968

Restricted cash and cash equivalents $29,764 $22,738

Short Term Investments – –

Accounts receivable, net of allowances $198,273 $121,098

Related party receivable 5,253 2,240

Other current assets and prepaid expenses 34,063 27,184

Total current assets 638,366 249,228

Non-current assets

Restricted cash and cash equivalents 10,000 20,459

Property and equipment net 16,171 13,717

Intangible assets, net 35,424 31,412

Goodwill 38,733 38,894

Total non-current assets 100,328 104,482

TOTAL ASSETS 738,694 353,710

As of December 31, 2017 As of December 31, 2016

LIABILITIES AND SHAREHOLDERS’ DEFICIT

Current liabilities

Accounts payable and accrued expenses 45,609 25,335

Travel suppliers payable 174,817 102,237

Related party payable 84,364 71,006

Loans and other financial liabilities 8,220 7,179

Deferred Revenue 30,113 29,095

Other liabilities 39,751 49,686

Contingent liabilities 4,732 3,613

Total current liabilities 387,606 288,151

Non-current liabilities

Other liabilities 1,015 409

Contingent liabilities 7,115 22,413

Related party liability 125,000 125,000

Total non-current liabilities 133,130 147,822

TOTAL LIABILITIES 520,736 435,973

SHAREHOLDERS’ EQUITY (DEFICIT)

Common stock 1 253,535 6

Additional paid-in capital 316,444 312,155

Other reserves (728) (728)

Accumulated other comprehensive income 16,323 16,286

Accumulated losses (367,616) (409,982)

Total Shareholders' Equity Attributable / (Deficit) to Despegar.com Corp 217,958 (82,263)

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY 738,694 353,710

1. Represents 58,518 (at $0.0001) and 10,578 (issued at $26 per share) issued and outstanding at September 30, 2017 and 58,518 shares issued and outstanding at

December 31, 2016. (in thousands of shares)

Investor Relations Contact

Ines Lanusse

Investor Relations Manager

Phone: (+5411) 4894 3582

E-mail: investorelations@despegar.com