Global Business Travel Group, Inc.
For the period ended May 13, 2026. Filed Apr 2, 2026.
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May 13, 2026 · Filed Apr 2, 2026
Contents
Pay Versus Performance
The following table sets forth a comparison of compensation reported in the Summary Compensation Table (“SCT”) to compensation actually paid ("CAP") to our Principal Executive Officer (“PEO”) and other non-PEO NEOs. The table also sets forth information on Company performance. The calculations and analysis set forth below are in accordance with the requirements of Item 402(v) of Regulation S-K and do not reflect the Company’s approach to aligning pay with performance. For more information on the Company’s pay practices, please see the CD&A, above. Amounts that would be paid in British pound sterling to Messrs. Abbott and Crawley and Ms. Williams have been converted to United States dollars for purposes of this disclosure. Salary and all other compensation have been converted at an annual average exchange rate (based on monthly averages) equal to $1.31 per £1.00 for 2025, $1.28 per £1.00 for 2024, and $1.24 per £1.00 for 2023 and 2022 (in each case, rounded to the nearest cent) and bonuses and non-equity incentive plan compensation have been converted at the rate in effect on the date of payments as set forth in the notes to the Summary Compensation Table.
| Year · SCT Totalfor PEO($)(1) · CompensationActually Paidto PEO($)(2) · Average SCTTotal for non-PEO NEOs($)(3) · AverageCompensationActually Paidto Non-PEONEOs($)(4) · Value of Initial Fixed $100Investment Based On: · Net Income/(Loss)($M) · AdjustedEBITDA($M)(6) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TotalShareholderReturn($)(5) · Peer TotalShareholderReturn($)(5) | |||||||||||||||
| 2025 | 10,027,752 | 6,042,510 | 3,467,608 | 1,932,222 | 91 | 153 | 111 | 532 | |||||||
| 2024 | 13,265,826 | 21,210,767 | 4,266,754 | 7,324,830 | 111 | 155 | (134) | 478 | |||||||
| 2023 | 18,259,503 | 14,003,080 | 7,114,399 | 5,039,112 | 77 | 123 | (136) | 380 | |||||||
| 2022 | 12,969,199 | 7,548,541 | 7,175,154 | 3,946,604 | 81 | 89 | (229) | 103 | |||||||
(1)The amount from the “Total” column of the Summary Compensation Table for our PEO, who was Mr. Abbott during 2022, 2023, 2024 and 2025.
(2)The following table sets forth a reconciliation from the SCT to amounts actually paid to our PEO.
| Equity Addition to SCT Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SCT Total · Less Equity Deduction From SCT Total · Value of Current Year Equity Awards at 12/31 · Change in Value of Unvested Prior Year Awards at 12/31 · Change in Value of Prior Year Awards That Vested In Current Year · Less Prior Value of Unvested Equity Awards That Were Canceled or Forfeited in Current Year · Total Compensation Actually Paid | ||||||||||
| Year | ($) | ($)(7) | ($)(8) | ($) (9) | ($)(10) | ($)(11) | ($)(12) | |||
| 2025 | 10,027,752 | (5,696,774) | 4,867,210 | (2,320,536) | (835,142) | — | 6,042,510 | |||
| 2024 | 13,265,826 | (6,999,998) | 11,789,470 | 3,264,102 | (108,633) | — | 21,210,767 | |||
| 2023 | 18,259,503 | (11,499,993) | 11,159,074 | (117,188) | (39,062) | (3,759,253) | 14,003,080 | |||
| 2022 | 12,969,199 | (6,000,000) | 5,273,438 | (2,605,620) | (2,088,475) | — | 7,548,541 | |||
(3)The average amounts from the “Total” column of the Summary Compensation Table for the Company’s non-PEO NEOs. For 2024 and 2025, our non-PEO NEOs were Ms. Williams, and Messrs. Crawley, Bock and Thompson. For 2023, our non-PEO NEOs were Ms. Williams, Ms. Patricia Huska (Chief Human Resources Officer), Ms. Gerow (former Chief Financial Officer), and Messrs. Crawley and Bock. For 2022, our non-PEO NEOs were Ms. Gerow, Messrs. Crawley and Qualantone (former Chief Revenue Officer).
(4)The following table sets forth a reconciliation from the SCT to the average amounts actually paid to our non-PEO NEOs.
| Equity Addition to SCT Total | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SCT Total · Less Equity Deduction From SCT Total · Value of Current Year Equity Awards at 12/31 · Change in Value of Unvested Prior Year Awards at 12/31 · Change in Value of Prior Year Awards That Vested In Current Year · Less Prior Value of Unvested Equity Awards That Were Canceled or Forfeited in Current Year · Total Compensation Actually Paid | ||||||||||
| Year | ($) | ($)(7) | ($)(8) | ($) (9) | ($)(10) | ($)(11) | ($)(12) | |||
| 2025 | 3,467,608 | (1,983,693) | 1,694,828 | (935,695) | (310,827) | — | 1,932,222 | |||
| 2024 | 4,266,754 | (2,234,998) | 3,764,207 | 1,393,854 | 135,013 | — | 7,324,830 | |||
| 2023 | 7,114,399 | (5,299,993) | 4,668,811 | (46,189) | (3,078) | (1,394,837) | 5,039,112 | |||
| 2022 | 7,175,154 | (4,455,667) | 2,914,422 | (1,067,523) | (619,782) | — | 3,946,604 | |||
(5)Shareholder returns reflect $100 invested as of market close on May 31, 2022, the first trading day of GBTG Class A Common Stock. The Peer Total Shareholder Return is based on the S&P Software & Services Select Industry Index, which is used for purposes of the GBTG Form 10-K performance graph.
(6)Company-selected measure of Adjusted EBITDA as used for our AIA Plan awards in 2025 and as discussed under the section “Compensation Discussion & Analysis — Annual Incentive Compensation”, above. Adjusted EBITDA is a non-GAAP measure and is defined and reconciled to the most comparable GAAP measure in Annex A to this proxy statement.
(7)Represents the grant date fair value of equity-based awards made during the applicable fiscal year.
(8)Represents the year-end fair value of equity awards that were made during the fiscal year (no grants made have vested during the same year as granted).
(9)Represents the change in fair value during the fiscal year of equity-based awards granted in prior fiscal years that were still unvested as of year-end.
(10)Represents the change in fair value from prior year end until vesting date of equity-based awards granted in prior fiscal years that vested during the current fiscal year.
(11)Represents the fair value as of prior year end of unvested equity awards that were either cancelled or forfeited during the current fiscal year.
(12)SCT total, less SCT equity grant fair value, plus year-end fair value of equity awards made during the year, plus the change in fair value during the year of equity awards that remained unvested as of year-end, plus the change in fair value of equity awards that vested during the applicable year, less the prior year end fair value of any unvested equity awards that were forfeited or canceled during the applicable year.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.