Company: SABR
Filing Date: 2025-03-13
Form Type: DEF 14A
Source: 0001193125-25-053907
Chunk: 127

Company: Sabre Corp
Filing Date: 2025-03-13
Form: DEF 14A
Chunk 127
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 $ | (13,554 | ) |     |      | $ | (31,184 | ) |
| Add: Cash paid for debt modification costs                                                 |     |              |   |  19,160 |   |     |      |   |         |   |
| Free cash flow for 2024 EIP and first tranche of 2024 PSUs and second tranche of 2023 PSUs |     |              | $ |   5,606 |   |     |      |   |         |   |

Non-GAAPFootnotes

| (1) | Net (loss) income attributable to noncontrolling interests represents an adjustment to include earnings allocated to noncontrolling interests held in (i) Sabre Travel Network Middle East of 40%, (ii) Sabre Seyahat Dagitim Sistemleri A.S. of 40%, (iii) Sabre Travel Network Lanka (Pte) Ltd of 40%, (iv) Sabre Bulgaria of 40%, and (v) FERMR Holdings Limited (the direct parent of Conferma Limited) of 19%. |

| (2) | Depreciation and amortization expenses: |

| a. | Acquisition-related amortization represents amortization of intangible assets from the take-private transaction in 2007 as well as intangibles associated with acquisitions since that date. |

| b. | Depreciation and amortization of property and equipment includes software developed for internal use as well as amortization of contract acquisition costs. |

| c. | Amortization of capitalized implementation costs represents amortization of upfront costs to implement new customer contracts under our SaaS and hosted revenue model. |

| (3) | Restructuring and other costs in 2024 and 2023 primarily represents charges and adjustments to charges associated with our cost reduction plan implemented in the second quarter of 2023. |

| (4) | Other, net includes a $180 million gain on the sale of AirCentre during 2022, $21 million of debt modification costs in 2024, non-operating gains recognized in 2023, and the impacts of realized and unrealized gains and losses from our investments in securities in all periods presented. In addition, 2022 includes pension settlement charges and all periods presented include foreign exchange gains and losses related to the remeasurement of foreign currency denominated balances included in our consolidated balance sheets into the relevant functional currency. |

| (5) | Acquisition-related costs