Intercontinental Hotels : Investor Deck

Investor Presentation

May 2024

Contents

Part 1

Pages A1-A2 2024 Q1 Trading Update (3 May 2024)

Part 2

Pages B1-B90 2024 Update on Strategic Priorities (20 February 2024)

Part 3

Pages C1-C40 2023 Full Year Results (20 February 2024)

2024 Q1 Trading Update

3 May 2024

A1

Q1 2024

Continued growth in RevPAR and development activity; further validation of the attraction of joining IHG's enterprise, and the power and efficiency of our model

Trading

performance

Development

activity

Other

highlights

• Group RevPAR +2.6% YOY
• Regional RevPAR YOY: Americas -0.3%, EMEAA +8.9% and Greater China +2.5%
• ADR +2.3% YOY; occupancy +0.2%pts YOY
• Net system size growth +3.4% YOY; global system size of 946k rooms (6,368 hotels)
• 129 hotels signed (17.7k rooms); global pipeline now 305k rooms (2,079 hotels), +6.6% YOY
• 46 hotels opened (6.3k rooms); 3.5k rooms added across our Essentials and Suites brands and 2.0k rooms across Luxury & Lifestyle and Premium
• Agreement with NOVUM Hospitality in April, adding up to 119 hotels or +1.9% system growth
• Changes to System Fund arrangements, improving owner economics and growth in ancillary fee streams
• $239m of 2024's $800m share buyback programme completed to date, reducing share count by 1.4%

A2

2024 Update on Strategic Priorities

20 February 2024

B1

Cautionary note regarding forward-looking statements

This presentation may contain projections and forward looking-statements. The words "believe", "expect", "anticipate", "intend" and "plan" and similar expressions identify forward-looking statements. All statements other than statements of historical facts included in this presentation, including, without limitation, those regarding the Company's financial position, potential business strategy, potential plans and potential objectives, are forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward- looking statements are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Further, certain forward-looking statements are based upon assumptions of future events which may not prove to be accurate. The forward-looking statements in this document speak only as at the date of this presentation and the Company assumes no obligation to update or provide any additional information in relation to such forward-looking statements.

The merits or suitability of investing in any securities previously issued or issued in future by the Company for any investor's particular situation should be independently determined by such investor. Any such determination should involve, inter alia, an assessment of the legal, tax, accounting, regulatory, financial, credit and other related aspects of the transaction in question.

B2

Introductory video

B3

Elie Maalouf

Chief Executive Officer

B4

Agenda

Our industry

IHG's business model, track record and growth algorithm

Strategic priorities

Regional updates

Margin potential, cash generation and capital allocation

Conclusions Q&A

B5

Leadership Team

Daniel Aylmer	Heather Balsley	Jolyon Bulley	Yasmin Diamond	Michael Glover
Managing Director,	Chief Customer Officer	CEO, Americas	Executive Vice President,	Chief Financial Officer
Greater China			Global Corporate Affairs

Nicolette Henfrey	Wayne Hoare	Elie Maalouf	Kenneth Macpherson	George Turner
Executive Vice President,	Chief Human Resources	Chief Executive Officer	CEO, Europe, Middle East,	Chief Commercial &
General Counsel &	Officer		Asia & Africa	Technology Officer
Company Secretary

B6