LEI:213800OC94PF2D675H41

30 April 2024

Hostelworld Group plc

(the "Company")

Issue of Shares in connection with the Company's Long Term Incentive Plan, Save as You Earn scheme and Total Voting Rights

On 29 April 2024 Zedra Trust Company (Guernsey) Limited, the trustee of the Hostelworld Group Employee Benefit Trust (the "Trustee" and the "Trust"), subscribed for 1,345,870 ordinary shares of €0.01 each in the capital of the Company for a subscription price equal to the nominal value per share (the "EBT Shares").  The EBT Shares will be used to satisfy restricted share awards granted by the Company under its Long-Term Incentive Plan (the "Plan") as and when they vest/become exercisable in accordance with the rules of the Plan.

A further 5,245 ordinary shares of €0.01 each in the capital of the Company were allotted and issued in connection with the Company's SAYE scheme on 22 April 2024 for a subscription price equal to the nominal value per share (the "SAYE Shares").

The EBT Shares and SAYE Shares rank pari passu in all respects with the existing issued shares of the Company.

In accordance with DTR 5.6.1R, following the above share issue, the Company's issued share capital consists of 124,989,783 ordinary shares of €0.01 each (the "Ordinary Shares"), with one vote per share.  The Company does not hold any Ordinary Shares in treasury.  Therefore, the total number of voting rights is 124,989,783 and this is the figure which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under either the FCA's Disclosure Guidance and Transparency Rules or the Transparency (Directive 2004/109/EC) Regulations 2007, as amended.

For further information, please contact:

Hostelworld Group plc

John Duggan, Company Secretary                                             Tel: +353 86 022 3553

About Hostelworld Group

Hostelworld Group PLC is a ground-breaking social network powered Online Travel Agent ("OTA") focused on the hostelling category, with a clear mission to help travellers find people to hang out with. Our mission statement is founded on the insight that most travellers go hostelling to meet other people, which we facilitate through a series of social features on our platform that connect our travellers in hostels and cities based on their booking data. The strategy has been extraordinarily successful, generating significant word of mouth recommendations from our customers and strong endorsements from our hostel partners.

Founded in 1999 and headquartered in Ireland, Hostelworld is a well-known trusted brand with almost 230 employees, hostel partners in over 180 countries, and a long-standing commitment to building a better world. To that end, our focus over the last few years has been on improving the sustainability of the hostelling industry. In particular, over the last two years we have commissioned independent research to validate the category's sustainability credentials, and recently introduced a hostel specific sustainability framework which encourages our hostel partners to move to even more sustainable operations and also provides the data points for our customers to make more informed decisions about where they stay. In addition, our customers are now able to offset their trip's carbon emissions should they wish to do so, and we have maintained our 'Funding Climate Action' label awarded by South Pole.