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Sabre announces the retirement of Karl Peterson from its Board of Directors

1. Karl Peterson will retire from Sabre's Board before the 2025 annual meeting. 2. He served nearly two decades, providing leadership and guidance at Sabre. 3. Peterson expressed pride in Sabre's progress during his tenure amid challenges. 4. Sabre continues to empower travel-related partners through its technology solutions.

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FAQ

Why Neutral?

Board changes often lead to stability concerns. However, Peterson's departure was planned and acknowledges his contributions.

How important is it?

Leadership changes are significant but planned departures can mitigate negative impacts. The company’s strategic direction and performance remain critical.

Why Long Term?

The leadership transition may affect investor sentiment over time but should stabilize. Past board changes have not led to significant volatility.

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SABR
, /PRNewswire/ -- Sabre Corporation (NASDAQ: SABR) today announced that Karl Peterson has chosen not to stand for reelection and will therefore retire from the company's Board of Directors immediately prior to its 2025 annual meeting, scheduled for April 23. "On behalf of the Board, I extend our deepest gratitude to Karl for his leadership and guidance throughout his tenure," said Gail Mandel, Chair of Sabre's Board. "Karl has been an integral member of the Board for nearly two decades, providing invaluable guidance and counsel for the leadership team and the Board alike. We wish him much success in the future." Peterson has served on Sabre's Board of Directors since March 2007, including as Chair of the Board from January 2020 to April 2022 and as Lead Director during 2017. "It has been a privilege serving on Sabre's Board of Directors," added Peterson. "Sabre has weathered unprecedented times during my tenure, and I am proud of where it stands today. I believe the company has made significant progress, especially over the last several years, and is well-positioned to achieve its vision." About Sabre Corporation Sabre Corporation is a leading technology company that takes on the biggest opportunities and solves the most complex challenges in travel. Sabre harnesses speed, scale and insights to build tomorrow's technology today – empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, with employees across the world, Sabre serves customers in more than 160 countries globally. For more information visit www.sabre.com. SABR-F Contacts:MediaCassidy Smith-Broyles[email protected]  InvestorsBrian Evans[email protected] SOURCE Sabre Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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